Crane Co. manufactures and sells engineered industrial products in the United States and internationally.
Established dividend payer with reasonable growth potential.
Share Price & News
How has Crane's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CR's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: CR underperformed the US Machinery industry which returned -0.7% over the past year.
Return vs Market: CR underperformed the US Market which returned 5.2% over the past year.
Price Volatility Vs. Market
How volatile is Crane's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall StIs It Worth Considering Crane Co. (NYSE:CR) For Its Upcoming Dividend?
1 week ago | Simply Wall StWhat Does Crane Co.'s (NYSE:CR) P/E Ratio Tell You?
2 weeks ago | Simply Wall StDon't Ignore The Fact That This Insider Just Sold Some Shares In Crane Co. (NYSE:CR)
Is Crane undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CR ($71.01) is trading below our estimate of fair value ($135.69)
Significantly Below Fair Value: CR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CR is poor value based on its PE Ratio (31.9x) compared to the Machinery industry average (19.2x).
PE vs Market: CR is poor value based on its PE Ratio (31.9x) compared to the US market (16.9x).
Price to Earnings Growth Ratio
PEG Ratio: CR is poor value based on its PEG Ratio (1.1x)
Price to Book Ratio
PB vs Industry: CR is overvalued based on its PB Ratio (2.8x) compared to the US Machinery industry average (2.1x).
How is Crane forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CR's forecast earnings growth (28% per year) is above the savings rate (1.7%).
Earnings vs Market: CR's earnings (28% per year) are forecast to grow faster than the US market (13% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: CR's revenue (5.1% per year) is forecast to grow slower than the US market (7.6% per year).
High Growth Revenue: CR's revenue (5.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CR's Return on Equity is forecast to be high in 3 years time (24.4%)
How has Crane performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CR has a large one-off loss of $250.6M impacting its December 31 2019 financial results.
Growing Profit Margin: CR's current net profit margins (4.1%) are lower than last year (10%).
Past Earnings Growth Analysis
Earnings Trend: CR's earnings have grown by 7.5% per year over the past 5 years.
Accelerating Growth: CR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CR had negative earnings growth (-60.3%) over the past year, making it difficult to compare to the Machinery industry average (2.1%).
Return on Equity
High ROE: CR's Return on Equity (9%) is considered low.
How is Crane's financial position?
Financial Position Analysis
Short Term Liabilities: CR's short term assets ($1.5B) exceed its short term liabilities ($916.7M).
Long Term Liabilities: CR's short term assets ($1.5B) do not cover its long term liabilities ($2.0B).
Debt to Equity History and Analysis
Debt Level: CR's debt to equity ratio (67.2%) is considered high.
Reducing Debt: CR's debt to equity ratio has reduced from 79.5% to 67.2% over the past 5 years.
Debt Coverage: CR's debt is well covered by operating cash flow (39.7%).
Interest Coverage: CR's interest payments on its debt are well covered by EBIT (10.6x coverage).
Inventory Level: CR has a high level of physical assets or inventory.
Debt Coverage by Assets: CR's debt is covered by short term assets (assets are 1.5x debt).
What is Crane's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CR's dividend (2.42%) is higher than the bottom 25% of dividend payers in the US market (1.59%).
High Dividend: CR's dividend (2.42%) is low compared to the top 25% of dividend payers in the US market (4.09%).
Stability and Growth of Payments
Stable Dividend: CR's dividends per share have been stable in the past 10 years.
Growing Dividend: CR's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (70%), CR's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CR's dividends in 3 years are forecast to be well covered by earnings (21.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Max Mitchell (55yo)
Mr. Max H. Mitchell has been the Chief Executive Officer and President of Crane Co. since January 31, 2014 and January 28, 2013 respectively. Mr. Mitchell served as the Chief Operating Officer of Crane Co. ...
CEO Compensation Analysis
Compensation vs Market: Max's total compensation ($USD6.53M) is about average for companies of similar size in the US market ($USD5.04M).
Compensation vs Earnings: Max's compensation has been consistent with company performance over the past year.
|Senior VP & CFO||7.1yrs||US$2.29m||0.10% $4.5m|
|VP, General Counsel & Secretary||2yrs||US$1.29m||0.014% $623.8k|
|Senior Vice President||5.2yrs||US$1.44m||0.32% $14.2m|
|VP, Controller & Principal Accounting Officer||0.6yrs||no data||no data|
|Chief Information Officer||0yrs||no data||no data|
|Director of Investor Relations||0yrs||no data||no data|
|Vice President of People & Performance||4.1yrs||no data||0.028% $1.3m|
|Senior Vice President of Payment & Merchandising Technologies||0.8yrs||no data||0.0058% $256.7k|
|VP of Tax & Treasurer||3.4yrs||no data||0.040% $1.8m|
Experienced Management: CR's management team is considered experienced (3.8 years average tenure).
|Non-Executive Chairman||18.8yrs||US$339.41k||0.67% $29.6m|
|Independent Director||5.1yrs||US$225.46k||0.00023% $10.2k|
|Director||0.8yrs||no data||no data|
|Independent Director||22.1yrs||US$235.72k||0.0092% $408.9k|
|Independent Director||2.8yrs||US$206.72k||0.00049% $21.8k|
|Independent Director||6.8yrs||US$226.54k||no data|
|Independent Director||14.5yrs||US$244.72k||0.0042% $185.5k|
|Independent Director||6.8yrs||US$202.32k||0.00099% $44.0k|
|Independent Director||6.8yrs||US$226.54k||no data|
Experienced Board: CR's board of directors are considered experienced (6.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CR insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Crane Co.'s company bio, employee growth, exchange listings and data sources
- Name: Crane Co.
- Ticker: CR
- Exchange: NYSE
- Founded: 1855
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: US$4.449b
- Shares outstanding: 59.15m
- Website: https://www.craneco.com
Number of Employees
- Crane Co.
- 100 First Stamford Place
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CR||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Jan 1968|
|CZN||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jan 1968|
Crane Co. manufactures and sells engineered industrial products in the United States and internationally. The company's Fluid Handling segment offers on/off valves and related products for application in the chemical, oil and gas, power, and general industrial end markets; valves and related products for the non-residential construction, general industrial, and municipal markets; fluid control instrumentation and sampling solutions; and pumps and related products for water and wastewater applications in the industrial, municipal, commercial, and military markets under the Crane, Saunders, Jenkins, Pacific, Xomox, Krombach, DEPA, ELRO, REVO, Flowseal, Centerline, Resistoflex, Duochek, Barksdale, Westlock, WTA, HOKE, DOPAK, Stockham, Wask, Viking Johnson, IAT, Hattersley, NABIC, Sperryn, Wade, Deming, Weinman, Burks, and Barnes brands. Its Payment & Merchandising Technologies segment provides coin and bill acceptors, dispensers and recyclers, cashless systems, cash and coin counting, and sorting machines; engineered banknotes; retail cash office solutions; vending equipment that dispenses food, snack, and hot and cold beverages; and vending management software, cashless payment, and wireless connectivity products. It serves retail self-checkout, vending, casino gaming, government lotteries, parking, transit fare collection, payment kiosks, and financial markets; vending operators; and food and beverage companies. The company's Aerospace & Electronics segment offers original equipment and aftermarket parts under the Hydro-Aire, ELDEC, Lear Romec, P.L. Porter, Keltec, Interpoint, Signal Technology, Merrimac Industries, and Polyflon brands to commercial and military aerospace, and defense markets. Its Engineered Materials segment provides fiberglass-reinforced plastic panels and coils for use in the manufacture of recreational vehicles, truck bodies and trailers, and commercial and industrial buildings. Crane Co. was founded in 1855 and is based in Stamford, Connecticut.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/27 23:50|
|End of Day Share Price||2020/02/27 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.