Could Crane’s Stock Price Be Lifted-Up?

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Jul 23 2007
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Crane Co. (NYSE: CR, stock) is set to announce its earning today, July 23rd, 2007 after market close. Crane Co. (Crane) is a diversified manufacturer of engineered industrial products. The Company operates in five segments: Aerospace & Electronics, Engineered Materials, Merchandising Systems, Fluid Handling and Controls.

The Aerospace & Electronics segment consists of two groups: the Aerospace Group and the Electronics Group. The Engineered Materials segment consists of Crane Composites and Polyflon. The Merchandising Systems segment consists of two groups: Vending Solutions and Payment-Solutions. The Fluid Handling segment consists of the Crane Valve Group (Valve Group), Crane Pumps & Systems and Crane Supply. The Controls segment consists of Barksdale, Azonix, Dynalco, Crane Environmental and Crane Wireless Monitoring Solutions. During the year ended December 31, 2006, Crane acquired Dixie-Narco Inc., Noble Composites, Inc. and Telequip Corporation. In 2006, it acquired certain assets of Automatic Products International and substantially all of the assets of CashCode Co. Inc.

Rating Indicators for CR:

  • Wall Street consensus : 0.78
  • StockScouter rating : 8 / 10
  • Whisper Number for this stock : N/A
  • Schaeffer rating for this stock : 7 / 10
  • Power Rating : 6 / 10
  • Insider Trading (last 52 weeks) : ($5.00 M)
  • Zacks Analysts Rating: Hold
  • Option Trading: Dec 2007 45.00 Call
  • Implied Volatility (IV) for Sep 2007 $45.00 Strike : 25.92%

Sales, Income & Growth – For the past 12-months, Cranel registered $2.34 Billion in sales versus the industry’s $87.31 Billion. Income amounted to $172.13 Million against the industry’s $10,478 Million. While Crane’s 12-months sales growth is at 14.40% the income growth is 16.70% (the same industry sector sales growth is at 46.20% and income growth of 24.70%).

Profitability & Financial Health – For the past 12-months, net profit margin is in the region of 7.4%. Crane has a debt/equity ratio of 0.44 compare to industry’s ratio of 2.13.

Stock Resistance & Support Level – The resistance is at 44.98 (52-week high) while the first level support is at 44.59 (50-day moving average)

Risks – The ratio of Crane’s price-to-earnings multiple (17.00) to its five-year growth rate is above the average of all stocks within the same sector. The volume is relatively low so you might not be able to get a good price on the option.

Another stock which is on FinanceTwitter radar is Waters Corporation (NYSE: WAT, stock) which is expected to announce its earning on Tuesday, 24th July, 2007 before market open. However you need to have lots of time-value on Waters as it normally trend-up rather late.

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This stock has just gone up about 50% in the last several months. I really don’t want to hear about this. Tell me about the stock that is still near its lows that is about to make a big move. Chasing markets is rarely a good way to make money.

hello bhenner … there’re stocks such as apple which defy gravity and you just can’t ignore it … crane seems to have the momentum at this moment and should the earning beats street, it will gap-up again …

you want to know stock that near the low? how about starbucks, sbux? it’s at 1 year low but i doubt it can perform simply because it’s running out of story, the technical chart doesn’t look impressive …

i’m not chasing stock, merely buy high, sell higher …

cheers …

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