Crane (NYSE:CR) Earns Media Sentiment Rating of 0.14

News articles about Crane (NYSE:CR) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Crane earned a daily sentiment score of 0.14 on Accern’s scale. Accern also assigned news stories about the conglomerate an impact score of 45.6886687501735 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

Here are some of the news stories that may have impacted Accern Sentiment’s rankings:

Shares of Crane stock traded down $1.89 during trading hours on Thursday, reaching $93.85. 56,913 shares of the company were exchanged, compared to its average volume of 293,497. The stock has a market cap of $5,682.39, a PE ratio of 33.71, a PEG ratio of 1.32 and a beta of 1.23. Crane has a one year low of $70.56 and a one year high of $102.65. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.40 and a current ratio of 1.81.

Crane (NYSE:CR) last issued its earnings results on Monday, January 29th. The conglomerate reported $1.18 EPS for the quarter, topping analysts’ consensus estimates of $1.17 by $0.01. The company had revenue of $714.20 million for the quarter, compared to analysts’ expectations of $702.50 million. Crane had a net margin of 6.17% and a return on equity of 20.66%. The firm’s revenue was up 4.8% compared to the same quarter last year. During the same quarter last year, the company earned $1.02 EPS. equities research analysts predict that Crane will post 5.52 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Friday, March 9th. Shareholders of record on Wednesday, February 28th were issued a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 1.49%. The ex-dividend date of this dividend was Tuesday, February 27th. This is a positive change from Crane’s previous quarterly dividend of $0.33. Crane’s dividend payout ratio (DPR) is 49.30%.

CR has been the subject of several analyst reports. Canaccord Genuity cut their price target on shares of Crane from $100.00 to $99.95 in a report on Wednesday, January 31st. AltaCorp Capital reissued a “buy” rating on shares of Crane in a report on Monday, January 15th. ValuEngine raised shares of Crane from a “hold” rating to a “buy” rating in a report on Sunday, December 31st. Vertical Research upgraded shares of Crane from a “hold” rating to a “buy” rating in a research report on Wednesday, December 6th. Finally, Oppenheimer restated a “buy” rating on shares of Crane in a research report on Tuesday, December 5th. Five research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $106.50.

In other Crane news, VP Augustus I. Dupont sold 16,396 shares of the firm’s stock in a transaction on Thursday, February 1st. The shares were sold at an average price of $97.74, for a total value of $1,602,545.04. Following the sale, the vice president now owns 102,994 shares of the company’s stock, valued at approximately $10,066,633.56. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Brendan Curran sold 16,356 shares of the firm’s stock in a transaction on Friday, February 23rd. The stock was sold at an average price of $93.87, for a total transaction of $1,535,337.72. Following the completion of the sale, the insider now directly owns 27,702 shares in the company, valued at approximately $2,600,386.74. The disclosure for this sale can be found here. In the last three months, insiders sold 46,861 shares of company stock worth $4,476,647. Insiders own 3.10% of the company’s stock.

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About Crane

Crane Co (Crane) is a manufacturer of engineered industrial products. The Company operates through four segments, including Fluid Handling, Payment & Merchandising Technologies, Aerospace & Electronics, and Engineered Materials. The Fluid Handling segment is a provider of engineered fluid handling equipment, including Process Valves and Related Products, Commercial Valves and Other Products.

Insider Buying and Selling by Quarter for Crane (NYSE:CR)

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