For its second fiscal quarter (ending June 30), Crane Holdings Co (NYSE: CR) has reported E.P.S. of $1.25 compared to $0.76 a year ago. For the latest four quarters through June 30, E.P.S. were $4.23 compared to $0.30 a year ago.
Recent Price Action
Crane Holdings Co (NYSE: CR) stock rose slightly by 0.2% on 7/29/24. The stock closed at $159.12. Moreover, this advance was accompanied by exceptionally high trading volume at 260% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 5.5% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, CR is expected to continue to be a major Value Builder.
Crane Holdings has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Crane Holdings has a very low Appreciation Score of 9 but a very high Power Rating of 88, leading to the Neutral Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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