Crane Company (NYSE:CR) is a diversified industrial company operating in sectors such as Aerospace & Electronics, Process Flow Technologies, Payment & Merchandising Technologies, and Engineered Materials. This diversification allows Crane to serve a wide range of industries globally, contributing to the positive sentiment among analysts. The consensus price target for Crane has shown an upward trend, reflecting increased optimism about its future growth and profitability.
Over the past year, the average price target for Crane has increased by approximately $10.25, from $175.75 to $186. This suggests that analysts have become more optimistic about the company's performance. The stability in the price target over the last quarter and month indicates a consistent outlook among analysts, which could be a positive signal for investors.
Crane's recent financial performance supports this optimism. The company reported a 7% growth in sales for the year ending December 31, 2024, with a GAAP EPS of $3.19 and an adjusted EPS of $4.26. Additionally, Crane has announced a 12% increase in its annual dividend, following the divestiture of its Engineered Materials segment. This move is expected to streamline operations and focus on core business areas.
Despite UBS setting a lower price target of $125 for Crane, the company's strategic emphasis on Aerospace & Electronics and Process Flow Technologies, along with successful acquisitions, is expected to drive earnings growth by over 14% annually through 2027. Crane's technological differentiation and robust financial performance provide it with a competitive advantage in highly competitive markets.
Crane's management has set ambitious targets, aiming for significant revenue and EBITDA growth by 2028. The company's current valuation suggests it is fairly priced, yet it holds market-beating potential, making it an attractive option for value investors seeking growth opportunities. The upcoming earnings release on April 28, 2025, will provide further insights into Crane's financial health and future prospects.
Symbol | Price | %chg |
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373220.KS | 318000 | 0 |
009540.KS | 283500 | 0 |
034020.KS | 27850 | 0 |
7011.T | 2731.5 | 0 |