Alert: Positive Investment/Fundamental Signals (12/15/23)-Crane Holdings Co (NYSE: CR)


Extremely important positive changes in investment behavior have recently occurred for Crane Holdings Co (NYSE: CR): the stock rose on very heavy volume, and positive upside/downside volume developed.

Crane Holdings Co (NYSE: CR). Notable positive changes in fundamentals have recently occurred: significant quarterly earnings acceleration occurred, and the stock’s power rating rose above 70.

In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.


Current PriceTarget Research Rating

CR’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.

Crane Holdings has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Crane Holdings has a poor Appreciation Score of 24 but a good Power Rating of 83, producing the Neutral Value Trend Rating.

Recent Price Action

Crane Holdings Co (NYSE: CR) stock closed at $110.36 on 12/15/23 after an increase of 1.1%. Moreover, this advance was accompanied by exceptionally high trading volume at 385% of normal. The stock has risen 6.1% during the last week and has been exceptionally strong relative to the market over the last nine months.

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