Today, a Director at Crane Company (CR), James Tullis, bought shares of CR for $36.25K.
Following this transaction James Tullis’ holding in the company was increased by 65.57% to a total of $91.76K. Following James Tullis’ last CR Buy transaction on November 17, 2017, the stock climbed by 9.8%.
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Based on Crane Company’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $856 million and quarterly net profit of $97 million. In comparison, last year the company earned revenue of $696 million and had a net profit of $68.2 million. CR’s market cap is $5.43B and the company has a P/E ratio of 25.54. Currently, Crane Company has an average volume of 269.9K.
Based on 3 analyst ratings, the analyst consensus is Strong Buy with an average price target of $110.33, reflecting a 18.6% upside. Starting in July 2018, CR received 5 Buy ratings in a row. Three different firms, including Stifel Nicolaus and UBS, currently also have a Buy rating on the stock.
In the last 30 days, insiders have sold $1.2M worth of CR shares and purchased $36.25K worth of CR shares. The insider sentiment on Crane Company has been negative according to 69 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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Crane Co. engages in the manufacture of engineered industrial products. It operates through the following business segments: Fluid Handling, Payment & Merchandising Technologies, Aerospace & Electronics, and Engineered Materials.
