Afterhours Leader: Crane Co. (NYSE:CR)

Crane Co. (NYSE:CR) said on Monday that it has raised its cash buyout bid for flow control technology company Circor International by 6.7% to $48 a share from $45 a share. The new bid is 4.2% above Friday’s stock closing price of $46.07. Circor had rejected the previous buyout bid, calling it “highly unrealistic.” Circor responded by saying it will “carefully review and evaluate” the revised bid.
The insider ownership percentage is the key indicator, can be used by investors, to measure the outlook of senior management has on their company. Insider ownership for the CR is 1.00%. Institutional ownership refers to the ownership stake in a company that is held by large financial organizations, pension funds or endowments. The Institutional ownership for the CR is 71.70%.

Insider trading is the buying or selling of any publicly traded company’s stock and this can be done by someone who has non-public, material information about that CR. Insider trading can be illegal or legal depending on when the insider makes the trade. It is illegal when the material information is still non-public. The insider transactions of the company (6-month change in insider ownerships) for the Crane Co. (NYSE:CR) is -10.51%.

Institutional transactions is the amount of a Crane Co. (NYSE:CR)’s available stock owned by mutual or pension funds, insurance companies, investment firms, private foundations, endowments or other large entities that actually manage the funds on the behalf of others, so its an interesting element for the traders to note it, and the Institutional ownership for the CR is 1.35%.

A Industrial Goods sector firm, Crane Co. (NYSE:CR) stock went down -1.80% on Wednesday and when day-trade ended the stock finally concluded at $81.48 and number of shares that changed hands during the day are 273139. The number of shares CR stock currently held by all its shareholders are 58.65 and floated shares, the number of shares are available for trading in an open market on last trading day are 50.99. The average volume of shares for 3 months is 281.87 and CR stock value has moved between $67.34 – 100.59 in last one year.
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The Crane Co. (NYSE:CR)’s latest earnings date is 7/22/2019. The Gross margin is the difference between the revenue and the cost of goods sold (COGS), divided by revenue. In other words, Gross Margin is a percentage value, while Gross Profit is a monetary value. The valuable gross margin for Crane Co. (NYSE:CR) is 36.00% and the profit margin is 10.30% and the stock has gained 12.88% in 2019 to date.

Crane Co. (NYSE:CR)’s monthly stock performance is 1.86%, the quarterly performance is -5.09%, the half year performance is calculated as 9.25%. The yearly performance of CR is -0.20%.

The higher the volatility, the riskier the security. For example, when the stock market rises and falls more than one percent over a sustained period of time, it is called a “volatile” market, if the stock price stays relatively stable, the security has low volatility. The Crane Co. (NYSE:CR) weekly volatility is measured as 1.39% and monthly volatility measured as 1.78%.

Return on assets (ROA) is a main indicator of how profitable a company is relative to its total assets. CR return on assets is 8.50%, the return on equity (ROE) of the Crane Co. (NYSE:CR) is 23.00%, while the most important return on investment is calculates as a percentage and is typically used for personal financial decisions, and CR return on investment is 14.60%.

The price to earnings ratio is 14.38, price to sales ratio is 1.41, and price to book ratio is 3.06, price to cash per share ration is 18.61, price to free cash flow is 91.72.

Analysts mean target price for Crane Co. (NYSE:CR) is $104.14 while analysts mean recommendation is 1.50. The current share price indicates that stock is -18.63% away from its one year high and is moving 21.29% ahead of its 52-week low. CR’s distance from 20 day simple moving average is -0.30% and distance from 50-Day simple moving average is -1.30%.