CR Stock Recent News

Does Crane (CR) have what it takes to be a top stock pick for momentum investors? Let's find out.

Crane (CR) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.

Crane (CR) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Crane's strategic pivot has gotten Wall Street's attention, with strong price performance since the fall of 2023. Management is repositioning the Process Flow business toward higher-growth opportunities in markets like LNG, hydrogen, pharma, and automation, while using price and mix to drive better margins. Crane's platform-agnostic design philosophy gives it operating flexibility without compromising strong leverage to commercial and defense growth over the next decade.

WALTHAM, Mass., June 20, 2024 (GLOBE NEWSWIRE) -- Crane NXT, Co. (NYSE: CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, today announced it has appointed Michael Mahan as President of its Crane Payment Innovations (CPI) business, effective July 8, 2024.

We have narrowed our search to five old economy stocks that have provided handsome returns year to date. These are: GS, WFC, IR, CR, WMT.

Investors interested in stocks from the Manufacturing - General Industrial sector have probably already heard of Luxfer (LXFR) and Crane (CR). But which of these two stocks presents investors with the better value opportunity right now?

STAMFORD, Conn.--(BUSINESS WIRE)--Crane Company (NYSE:CR) (“Crane” or the “Company”), a premier industrial manufacturing and technology company, today announced the resignation of John S. Stroup as a Director of the Company. On June 4, 2024, John S. Stroup, a current member of the Company's Board of Directors, notified the Board of his intention to resign from the Board, effective as of July 22, 2024 due to additional professional commitments including his election to Partner at Clayton, Dubili.

On-shoring trends are gaining significant momentum as the government looks to companies to build more resilient supply chains closer to home. With this in mind, I think it is a good time to invest in industrial stocks before this trend accelerates more.

Investors looking for stocks in the Manufacturing - General Industrial sector might want to consider either Luxfer (LXFR) or Crane (CR). But which of these two stocks offers value investors a better bang for their buck right now?