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CR - Crane's Upside Appears Priced In
June, 17 2021 02:29 PM
Crane Co.
CR's quarterly revenue rose 4% Y/Y. Aerospace revenue fell, but it may have reached a trough in Q4 2020. EBITDA grew 35% as the company experienced efficiencies in SG&A costs. Payment & Processing could be spurred by the gaming industry. Aerospace could rebound on global passenger demand. At over 12x EBITDA, the upside appears priced in. Hold CR. For further details see:
Crane's Upside Appears Priced In
Stock Information
Company Name:
Crane Co.
Stock Symbol:
CR
Market:
NYSE
Website:
craneco.com
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