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CR - Crane Is Tethered To An Improving Economy
December, 23 2020 11:25 AM
Crane Co.
CR's Q3 revenue fell in the mid-single-digit percentage range. Acquisitions helped offset the negative impact of COVID-19. Cost containment efforts could drive an increase in margins if revenue stabilizes. CR is tethered to an improving economy. At 9x EBITDA, I rate the stock a hold. For further details see:
Crane Is Tethered To An Improving Economy
Stock Information
Company Name:
Crane Co.
Stock Symbol:
CR
Market:
NYSE
Website:
craneco.com
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