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Last $53.05 USD
Change Today -0.69 / -1.28%
Volume 158.8K
As of 12:30 PM 07/30/15 All times are local (Market data is delayed by at least 15 minutes).

crane co (CR) Snapshot

Open
$53.39
Previous Close
$53.74
Day High
$53.63
Day Low
$52.78
52 Week High
07/30/14 - $72.02
52 Week Low
07/28/15 - $50.72
Market Cap
3.1B
Average Volume 10 Days
385.3K
EPS TTM
$3.74
Shares Outstanding
58.0M
EX-Date
08/27/15
P/E TM
14.2x
Dividend
$1.32
Dividend Yield
2.49%
Current Stock Chart for CRANE CO (CR)

crane co (CR) Related Businessweek News

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crane co (CR) Details

Crane Co. manufactures and sells engineered industrial products in the United States and internationally. It operates in four segments: Fluid Handling, Payment & Merchandising Technologies, Aerospace & Electronics, and Engineered Materials. The Fluid Handling segment manufactures and sells various types of industrial and commercial valves, actuators, and instrumentation products; provides valve testing, parts, and services; manufactures and sells pumps; distributes pipe, pipe fittings, couplings, and connectors; and designs, manufactures, and sells corrosion-resistant plastic-lined pipe and fittings. The Payment & Merchandising Technologies segment offers payment system solutions, including coin accepters and dispensers, coin hoppers, coin recyclers, bill validators, and bill recyclers; and vending equipment and related solutions comprising food, snack, and beverage vending machines, as well as vending machine software and online solutions. The Aerospace & Electronics segment provides aerospace products, which include pressure, fuel flow, and position sensors and subsystems; brake control systems; coolant, lube, and fuel pumps; and seat actuation products. This segment also offers power supplies and custom microelectronics for aerospace, defense, medical and other applications; and electrical power components, power management products, electronic radio frequency, and microwave frequency components and subsystems for the defense, space and military communications markets. The Engineered Materials segment manufactures fiberglass-reinforced plastic panels for the truck trailer and recreational vehicle markets, industrial markets, and the commercial construction industry. Crane Co. was founded in 1855 and is based in Stamford, Connecticut.

11,500 Employees
Last Reported Date: 07/27/15
Founded in 1855

crane co (CR) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $817.9K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $476.8K
Senior Vice President
Total Annual Compensation: $434.9K
Vice President, General Counsel and Secretary
Total Annual Compensation: $405.5K
Vice President of Business Development and St...
Total Annual Compensation: $347.7K
Compensation as of Fiscal Year 2014.

crane co (CR) Key Developments

Crane Co. Announces Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Revises Earnings Guidance for the Year 2015

Crane Co. announced earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported total net sales of $711.2 million against $750.1 million a year ago. Total operating profit was $90.2 million against $97.6 million a year ago. Income before income taxes was $81.5 million against $86.7 million a year ago. Net income attributable to common shareholders was $55.8 million against $59.7 million a year ago. Earnings per diluted share were $0.95 against $1.00 a year ago. Total provided by operating activities was $57.8 million against $64.2 million a year ago. Capital expenditures were $9.9 million against $11.3 million a year ago. Free cash flow was $48.0 million against $52.9 million a year ago. Net income attributable to common shareholders before special items was $62.3 million against $69.0 million a year ago. Net income attributable to common shareholders before special items per share was $1.06 against $1.15 a year ago. The sales decline was comprised of a $39 million, or 5%, impact from unfavorable foreign exchange; and a divestiture impact of $4 million, or 1%; partially offset by positive core sales growth of $5 million, or 1%. For the six months, the company reported total net sales of $1,390.0 million against $1,466.9 million a year ago. Total operating profit was $176.2 million against $179.0 million a year ago. Income before income taxes was $157.8 million against $158.4 million a year ago. Net income attributable to common shareholders was $106.8 million against $108.4 million a year ago. Earnings per diluted share were $1.82 against $1.82 a year ago. Total provided by operating activities was $46.0 million against $45.3 million a year ago. Capital expenditures were $20.1 million against $20.7 million a year ago. Free cash flow was $26.0 million against $24.6 million a year ago. Net income attributable to common shareholders before special items was $116.4 million against $131.2 million a year ago. Net income attributable to common shareholders before special items per share was $1.98 against $2.20 a year ago. The company reduced its 2015 earnings per share guidance, excluding special items, to a range of $4.10 to $4.30, from the prior range of $4.30 to $4.50. Management expects 2015 core sales in a range of down 1% to up 1%, compared to its prior range of flat to up 2%. On a GAAP basis, EPS is now expected to be $3.90 to $4.10 versus a prior range of $4.17 to $4.37, which includes an incremental $7 million of restructuring charges, primarily in Fluid Handling. Full year 2015 free cash flow (cash provided by operating activities less capital spending) is now expected to be in a range of $190 million to $220 million versus prior guidance of $200 to $230 million. Non-GAAP earnings per share expected to be $4.10 to $4.30. Cash provided by operating activities expected to be $240.0 million to $260.0 million a year ago. Capital expenditures expected to be $50.0 million against $40.0 million a year ago. Free cash flow expected to be $190.0 million to $220.0 million.

Crane Co. Declares Third Quarter Dividend, Payable on September 9, 2015

Crane Co. announced its regular quarterly dividend of $0.33 per share for the third quarter of 2015. The dividend is payable on September 9, 2015 to shareholders of record as of the close of business on August 31, 2015.

Crane Co. to Report Q2, 2015 Results on Jul 27, 2015

Crane Co. announced that they will report Q2, 2015 results at 5:00 PM, Eastern Standard Time on Jul 27, 2015

 

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Industry Analysis

CR

Industry Average

Valuation CR Industry Range
Price/Earnings 16.7x
Price/Sales 1.1x
Price/Book 2.9x
Price/Cash Flow 16.4x
TEV/Sales 0.7x
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