Analyst Ronald Epstein from Bank of America Securities maintained a Buy rating on Crane Company (CR – Research Report) and keeping the price target at $200.00.
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Ronald Epstein has given his Buy rating due to a combination of factors that highlight Crane Company’s strong financial performance and promising outlook. The company reported an adjusted EPS of $1.39 for the first quarter of 2025, surpassing both Bank of America’s estimate of $1.29 and the Bloomberg consensus of $1.31. This outperformance was largely attributed to favorable tax rates and non-recurring adjustments.
Additionally, the Aerospace & Electronics segment played a significant role in driving a 15.6% growth in core orders, with revenues reaching $249 million, which was slightly above Bank of America’s expectations. The operating margin for this segment also exceeded expectations at 26.0%. Despite a slight shortfall in Process Flow Technologies’ revenue compared to projections, the overall financial health and reaffirmed EPS outlook for the fiscal year 2025, with anticipated core sales growth and robust operating margins, support the Buy rating.
Based on the recent corporate insider activity of 36 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CR in relation to earlier this year.
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