CR Stock Summary and Trading Ideas (Crane Company | NYSE:CR)

Crane is a diversified industrial firm that manufactures a broad range of products, including valves, pumps, aerospace components, and fiberglass-reinforced plastic panels. Its business is organized into three segments: aerospace and electronics, process flow technologies, and engineered materials. Crane generated approximately $2.1 billion in revenue in 2023.

Crane Company trades on the NYSE stock market under the symbol CR.

As of October 17, 2024, CR stock price climbed to $163.23 with 175,706 million shares trading.

CR has a beta of 1.23, meaning it tends to be more sensitive to market movements. CR has a correlation of 0.27 to the broad based SPY ETF.

CR has a market cap of $9.33 billion. This is considered a Mid Cap stock.

Last quarter Crane Company reported $581 million in Revenue and $1.30 earnings per share. This beat revenue expectation by $19 million and exceeded earnings estimates by $.07.

In the last 3 years, CR traded as high as $163.48 and as low as $67.28.

The top ETF exchange traded funds that CR belongs to (by Net Assets): IJH, VTI, VB, VBR, VXF.

CR has outperformed the market in the last year with a price return of +88.5% while the SPY ETF gained +35.2%. CR has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +7.4% and +4.5%, respectively, while the SPY returned +4.9% and +2.6%, respectively.

CR support price is $158.99 and resistance is $163.89 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CR shares will trade within this expected range on the day.