A new trading day began on January 24, 2023, with Crane Holdings Co. (NYSE: CR) stock priced at $106.00, up 4.85% from the previous day of trading. During the day, the shares moved up to $116.115 and dropped to $105.45 before settling in for the closing price of $110.16. CR’s price has ranged from $82.14 to $114.87 over the past 52 weeks.
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Industrials Sector giant saw their annual sales surged by 3.00% over the last five years. Meanwhile, its annual earnings per share averaged 140.10%. With a float of $47.85 million, this company’s outstanding shares have now reached $56.10 million.
The firm has a total of 11000 workers. Let’s measure their productivity. In terms of profitability, gross margin is +39.25, operating margin of +15.26, and the pretax margin is +15.01.
Crane Holdings Co. (CR) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Specialty Industrial Machinery Industry. The insider ownership of Crane Holdings Co. is 0.80%, while institutional ownership is 71.80%. The most recent insider transaction that took place on Nov 23, was worth 290,208. In this transaction Senior Vice President of this company sold 2,750 shares at a rate of $105.53, taking the stock ownership to the 25,845 shares. Before that another transaction happened on Nov 07, when Company’s Sr. V.P. & CFO sold 5,907 for $104.31, making the entire transaction worth $616,159. This insider now owns 79,147 shares in total.
Crane Holdings Co. (CR) Earnings and Forecasts
In its latest quarterly report, released on 9/29/2022, the company reported earnings of $1.86 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). This company achieved a net margin of +12.40 while generating a return on equity of 23.46. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.09 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 140.10% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.40% during the next five years compared to 26.30% growth over the previous five years of trading.
Crane Holdings Co. (NYSE: CR) Trading Performance Indicators
Here are Crane Holdings Co.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.00. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.95.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.28, a number that is poised to hit 1.90 in the next quarter and is forecasted to reach 8.11 in one year’s time.
Technical Analysis of Crane Holdings Co. (CR)
Analysing the last 5-days average volume posted by the [Crane Holdings Co., CR], we can find that recorded value of 0.44 million was better than the volume posted last year of 0.34 million. As of the previous 9 days, the stock’s Stochastic %D was 86.26%. Additionally, its Average True Range was 2.89.
During the past 100 days, Crane Holdings Co.’s (CR) raw stochastic average was set at 98.01%, which indicates a significant increase from 96.05% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.20% in the past 14 days, which was lower than the 29.43% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $103.67, while its 200-day Moving Average is $97.57. Now, the first resistance to watch is $119.26. This is followed by the second major resistance level at $123.02. The third major resistance level sits at $129.93. If the price goes on to break the first support level at $108.60, it is likely to go to the next support level at $101.69. Should the price break the second support level, the third support level stands at $97.93.
Crane Holdings Co. (NYSE: CR) Key Stats
With a market capitalization of 6.33 billion, the company has a total of 56,144K Shares Outstanding. Currently, annual sales are 3,180 M while annual income is 435,400 K. The company’s previous quarter sales were 815,100 K while its latest quarter income was -59,300 K.