$1.17 EPS Expected for Crane Co. (CR)

January 21, 2018 - By Clifton Ray

 $1.17 EPS Expected for Crane Co. (CR)
Investors sentiment decreased to 1.08 in 2017 Q3. Its down 0.46, from 1.54 in 2017Q2. It is negative, as 35 investors sold Crane Co. shares while 89 reduced holdings. 39 funds opened positions while 95 raised stakes. 35.90 million shares or 1.25% less from 36.35 million shares in 2017Q2 were reported.
Nationwide Fund holds 0.03% in Crane Co. (NYSE:CR) or 85,426 shares. Reinhart Prtnrs Inc holds 0.11% of its portfolio in Crane Co. (NYSE:CR) for 13,105 shares. Raymond James And Associates, Florida-based fund reported 62,736 shares. Coldstream Capital reported 0.09% of its portfolio in Crane Co. (NYSE:CR). Ameriprise Fincl Inc owns 292,782 shares. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Invest accumulated 35,300 shares. Group Incorporated One Trading Ltd Partnership, Illinois-based fund reported 200 shares. Spectrum Gp holds 0% or 5 shares. Clarivest Asset Ltd Liability Corp holds 0% of its portfolio in Crane Co. (NYSE:CR) for 2,276 shares. Gotham Asset Mngmt Ltd Liability Com invested in 0.11% or 89,803 shares. First In invested in 3,930 shares or 0.21% of the stock. 46 are held by Tci Wealth Advsr. Janney Capital Mngmt holds 4,752 shares or 0.02% of its portfolio. Nordea Invest Management has invested 0.01% in Crane Co. (NYSE:CR). Palo Cap reported 0.49% in Crane Co. (NYSE:CR).

Since August 4, 2017, it had 0 insider buys, and 6 insider sales for $3.10 million activity. Another trade for 7,000 shares valued at $518,210 was made by Switter Edward S on Thursday, August 31. $88,339 worth of Crane Co. (NYSE:CR) shares were sold by BIGELOW E THAYER. 11,130 shares were sold by DUPONT AUGUSTUS I, worth $960,339. $701,041 worth of Crane Co. (NYSE:CR) shares were sold by SALOVAARA KRISTIAN ROBERT.

Analysts expect Crane Co. (NYSE:CR) to report $1.17 EPS on January, 29.They anticipate $0.15 EPS change or 14.71 % from last quarter’s $1.02 EPS. CR’s profit would be $69.44 million giving it 19.90 P/E if the $1.17 EPS is correct. After having $1.13 EPS previously, Crane Co.’s analysts see 3.54 % EPS growth. The stock increased 0.63% or $0.58 during the last trading session, reaching $93.13. About 331,241 shares traded or 13.11% up from the average. Crane Co. (NYSE:CR) has risen 42.66% since January 21, 2017 and is uptrending. It has outperformed by 25.96% the S&P500.

Crane Co. (NYSE:CR) Ratings Coverage

Among 15 analysts covering Crane (NYSE:CR), 9 have Buy rating, 0 Sell and 6 Hold. Therefore 60% are positive. Crane had 45 analyst reports since July 30, 2015 according to SRatingsIntel. The firm has “Neutral” rating by Seaport Global given on Wednesday, February 1. Stifel Nicolaus maintained the shares of CR in report on Monday, December 5 with “Buy” rating. The firm has “Hold” rating by Stifel Nicolaus given on Sunday, October 15. The firm has “Outperform” rating given on Tuesday, August 18 by William Blair. The firm has “Buy” rating by Topeka Capital Markets given on Thursday, May 26. The stock of Crane Co. (NYSE:CR) has “Buy” rating given on Thursday, January 21 by Seaport Global. The firm has “Hold” rating given on Wednesday, April 26 by Stifel Nicolaus. The stock of Crane Co. (NYSE:CR) has “Neutral” rating given on Friday, July 29 by Bank of America. Seaport Global upgraded the shares of CR in report on Thursday, October 26 to “Buy” rating. The rating was upgraded by William Blair to “Outperform” on Wednesday, April 26.

Crane Co. manufactures and sells engineered industrial products in the United States, Canada, the United Kingdom, Continental Europe, and internationally. The company has market cap of $5.53 billion. The companyÂ’s Fluid Handling segment provides process valves and related products, such as on/off valves and related products for critical and demanding applications in the chemical, gas and oil, power, non-residential construction, and general industrial end markets; and pumps and related products for water and wastewater applications in the industrial, municipal, commercial, and military markets. It has a 41.15 P/E ratio. This segment offers its products under the Crane, Saunders, Jenkins, Pacific, Xomox, Krombach, DEPA, ELRO, REVO, Flowseal, Centerline, Resistoflex, Duochek, Barksdale, WTA, Deming, Weinman, Burks, and Barnes trade names.

More news for Crane Co. (NYSE:CR) were recently published by: Businesswire.com, which released: “Crane Co. Completes Acquisition of Crane & Co., Inc. (“Crane Currency”)” on January 10, 2018. Nasdaq.com‘s article titled: “Crane (CR) Closes Acquisition of Crane Currency for $800M” and published on January 11, 2018 is yet another important article.

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