NYSE:CR

Stock Analysis Report

Executive Summary

Crane Co. manufactures and sells engineered industrial products in the United States and internationally.

Snowflake

Fundamentals

Solid track record established dividend payer.


Similar Companies

Share Price & News

How has Crane's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-2.9%

CR

-1.9%

US Machinery

-0.2%

US Market


1 Year Return

-18.3%

CR

-6.8%

US Machinery

1.1%

US Market

CR underperformed the Machinery industry which returned -6.8% over the past year.

CR underperformed the Market in United States of America which returned 1.1% over the past year.


Share holder returns

CRIndustryMarket
7 Day-2.9%-1.9%-0.2%
30 Day6.8%6.4%2.5%
90 Day-0.1%-1.2%1.6%
1 Year-16.8%-18.3%-4.8%-6.8%3.4%1.1%
3 Year37.0%30.0%49.2%39.5%45.2%35.8%
5 Year39.2%26.2%55.2%36.1%62.6%44.8%

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

2 weeks ago | Simply Wall St

How Crane Co. (NYSE:CR) Could Add Value To Your Portfolio

Valuation

Is Crane undervalued based on future cash flows and its price relative to the stock market?

27%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Crane's share price is below the future cash flow value, and at a moderate discount (> 20%).

Crane's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

Crane is good value based on earnings compared to the US Machinery industry average.

Crane is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Crane is poor value based on expected growth next year.


Price Based on Value of Assets

Crane is overvalued based on assets compared to the US Machinery industry average.


Next Steps

Future Growth

How is Crane expected to perform in the next 1 to 3 years based on estimates from 7 analysts?

7.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Crane's revenue is expected to grow by 2.6% yearly, however this is not considered high growth (20% yearly).

Crane's earnings are expected to grow by 7.8% yearly, however this is not considered high growth (20% yearly).

Crane's revenue growth is positive but not above the United States of America market average.

Crane's earnings growth is positive but not above the United States of America market average.

Crane's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Crane is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Crane performed over the past 5 years?

7.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Crane's year on year earnings growth rate has been positive over the past 5 years.

Crane's 1-year earnings growth exceeds its 5-year average (90.4% vs 7.6%)

Crane's earnings growth has exceeded the US Machinery industry average in the past year (90.4% vs 18.7%).


Return on Equity

Crane has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).


Return on Assets

Crane used its assets more efficiently than the US Machinery industry average last year based on Return on Assets.


Return on Capital Employed

Crane's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Crane's financial position?


Financial Position Analysis

Crane is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Crane's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Crane's level of debt (56.6%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (68.1% vs 56.6% today).

Debt is well covered by operating cash flow (35.3%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 10.6x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 1.5x debt.


Next Steps

Dividend

What is Crane's current dividend yield, its reliability and sustainability?

1.99%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Crane's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.44%).

Crane's dividend is below the markets top 25% of dividend payers in United States of America (3.71%).

Dividends per share have been stable in the past 10 years.

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (4.1x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be well covered by earnings (4.6x coverage).


Next Steps

Management

What is the CEO of Crane's salary, the management and board of directors tenure and is there insider trading?

3.3yrs

Average management tenure


CEO

Max Mitchell (55yo)

5.7yrs

Tenure

US$6,531,121

Compensation

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

Max's remuneration is about average for companies of similar size in United States of America.

Max's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

3.3yrs

Average Tenure

50yo

Average Age

The tenure for the Crane management team is about average.


Board Age and Tenure

6.4yrs

Average Tenure

65yo

Average Age

The tenure for the Crane board of directors is about average.


Insider Trading

Crane individual insiders have only sold shares in the past 3 months.


Recent Insider Transactions

BuyUS$120,15001 Aug 19
Mario Gabelli
EntityIndividual
Shares1,500
Max PriceUS$80.10
BuyUS$001 Aug 19
GAMCO Investors, Inc.
EntityCompany
Shares30,943
Max PriceUS$88.89
SellUS$334,29401 Aug 19
GAMCO Investors, Inc.
EntityCompany
Shares68,355
Max PriceUS$88.79
SellUS$56,13729 Jul 19
James Lavish
EntityIndividual
Role
Head of Human Resources
Vice President of CBS
Shares650
Max PriceUS$86.36
BuyUS$154,76703 Jun 19
James L. Tullis
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares2,000
Max PriceUS$78.13
SellUS$437,44320 Feb 19
James Lavish
EntityIndividual
Role
Head of Human Resources
Vice President of CBS
Shares5,150
Max PriceUS$84.94
BuyUS$24,95001 Feb 19
Donald Cook
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares302
Max PriceUS$82.61
SellUS$409,86009 Nov 18
Louis Pinkham
EntityIndividual
Shares4,400
Max PriceUS$93.15
SellUS$279,25508 Nov 18
Kristian Salovaara
EntityIndividual
Shares3,000
Max PriceUS$93.09
BuyUS$36,24907 Nov 18
James L. Tullis
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares400
Max PriceUS$90.62

Ownership Breakdown


Management Team

  • Brad Ellis (50yo)

    Senior Vice President

    • Tenure: 4.8yrs
    • Compensation: US$1.44m
  • Rich Maue (48yo)

    Senior VP & CFO

    • Tenure: 6.7yrs
    • Compensation: US$2.29m
  • Max Mitchell (55yo)

    President

    • Tenure: 5.7yrs
    • Compensation: US$6.53m
  • Kurt Gallo

    Senior Vice President

    • Tenure: 0.7yrs
  • Edward Switter (44yo)

    VP of Tax & Treasurer

    • Tenure: 3yrs
  • Jason Feldman

    Director of Investor Relations

    • Tenure: 0yrs
  • Jim Lavish (51yo)

    Vice President of CBS

    • Tenure: 3.7yrs
  • Anthony D'Iorio (55yo)

    VP, General Counsel & Secretary

    • Tenure: 1.6yrs
    • Compensation: US$1.29m
  • Carey True

    Chief Information Officer

    • Tenure: 0yrs
  • Christina Cristiano (47yo)

    VP, Controller & Principal Accounting Officer

    • Tenure: 0.2yrs

Board Members

  • Robert Evans (74yo)

    Non-Executive Chairman

    • Tenure: 18.4yrs
    • Compensation: US$339.41k
  • Marty Benante (67yo)

    Independent Director

    • Tenure: 4.7yrs
    • Compensation: US$225.46k
  • Mike Dinkins (65yo)

    Director

    • Tenure: 0.4yrs
  • Jim Tullis (72yo)

    Independent Director

    • Tenure: 21.7yrs
    • Compensation: US$235.72k
  • Chip McClure (65yo)

    Independent Director

    • Tenure: 2.4yrs
    • Compensation: US$206.72k
  • Max Mitchell (55yo)

    President

    • Tenure: 5.7yrs
    • Compensation: US$6.53m
  • Jennifer Pollino (55yo)

    Independent Director

    • Tenure: 6.4yrs
    • Compensation: US$226.54k
  • Don Cook (72yo)

    Independent Director

    • Tenure: 14.1yrs
    • Compensation: US$244.72k
  • Ron Lindsay (61yo)

    Independent Director

    • Tenure: 6.4yrs
    • Compensation: US$202.32k
  • Ellen Haime (54yo)

    Independent Director

    • Tenure: 6.4yrs
    • Compensation: US$226.54k

Company Information

Crane Co.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Crane Co.
  • Ticker: CR
  • Exchange: NYSE
  • Founded: 1855
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: US$4.834b
  • Shares outstanding: 59.95m
  • Website: https://www.craneco.com

Number of Employees


Location

  • Crane Co.
  • 100 First Stamford Place
  • Stamford
  • Connecticut
  • 6902
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CRNYSE (New York Stock Exchange)YesCommon StockUSUSDJan 1968
CZNDB (Deutsche Boerse AG)YesCommon StockDEEURJan 1968

Biography

Crane Co. manufactures and sells engineered industrial products in the United States and internationally. The company's Fluid Handling segment provides on/off valves and related products for application in ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/20 23:33
End of Day Share Price2019/09/20 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.