Monitoring recent stock price movement on shares of Crane Company (NYSE:CR) we have recorded the stock price at $82.63. Investors may be intently tracking price activity on the stock over the next few sessions, and looking for any signs of a possible shift in momentum. Let’s focus in on some historical trading information. Over the last 12 week period, the stock has moved 0.72%. Rewinding to the start of the year, we note that shares have seen a change of 15.1%. Over the past 4 weeks, shares have seen a change of 12.96%. Over the last 5 trading periods, the stock has moved 6.64%. Focusing on the important historic stock price levels can help keep the investors directed down the right path. After a recent check, we can see that the 52-week high is currently 99.68, and the 52-week low is presently 67.48.
Traders may be looking to capitalize on market trends as we move into the second part of the calendar year. Closely following the technicals might help make sense of current market conditions. Investors may choose to follow many different technical signals, or they may have picked a few popular ones to dedicate themselves to. Whatever the strategy, staying in tune with fundamentals and meaningful economic data may also prove to be highly beneficial. Coming at the equity market from multiple angles may help supply the investor with alternate perspectives that could play a vital role in the next couple of quarters.
Looking at some analyst views on shares of Crane Company (NYSE:CR), we note that the consensus target price is resting at $106.4. This is the consensus target using estimates provided by the covering analysts polled. Sell-side analysts often produce target estimates for the companies that they track closely. Price target estimates can be calculated using various methods, and this may cause some analyst estimates to be drastically different than others. Many investors will track stock target prices, especially when analysts update the target price projections.
Investors might be paying attention to what Wall Street analysts think about shares of Crane Company (NYSE:CR). Taking a peek at the current consensus broker rating, we can see that the ABR is 1.4. This average rating is provided by Zacks Research. This simplified numeric scale spans the range of one to five which translates brokerage firm Buy/Sell/Hold recommendations into an average broker rating. A low number in the 1-2 range typically indicates a Buy, 3 indicates a Hold and 4-5 represents a consensus Sell rating. In terms of the number of analysts that have the stock rated as a Buy or Strong Buy, we can see that the number is currently 4.
Shifting the focus to some earnings data, we have noted that the current quarter EPS consensus estimate for Crane Company (NYSE:CR) is 1.55. This EPS estimate consists of 4 Wall Street analysts taken into consideration by Zacks Research. For the previous reporting period, the company posted a quarterly EPS of 1.58. Sell-side analysts often provide their best researched estimates at what the company will report. These estimates hold a lot of weight on Wall Street and the investing community. Sometimes these analyst projections are spot on, and other times they are off. When a company reports actual earnings results, the surprise factor can cause a stock price to fluctuate. Investors will often pay added attention to a company that has beaten estimates by a large margin.
As investors survey the stock market, they will often look to make the smartest possible decisions when purchasing company shares. Individual investors may have to do a lot more work if they choose to manage their own stock portfolios. Serious investors often review every bit of information that they can get their hands on in order to develop even the slightest edge. Markets have the ability to move substantially in either direction with little or no notice. Investors who prepare themselves to battle the unknown may be able to better ride out stormy stock market conditions when they arise.
