Crane Co T.CR

Primary Symbol: CR Alternate Symbol(s): CXT

Technology Scientific & Technical Instruments

Crane Company is a manufacturer of engineered components for mission-critical applications focused on the aerospace, defense, space and process flow industry end markets. Its segments include Aerospace & Electronics, Process Flow Technologies, and Engineered Materials. The Aerospace & Electronics segment supplies critical components and systems, including original equipment and aftermarket parts, primarily for the commercial aerospace, and the military aerospace, defense and space markets. The Process Flow Technologies segment is a provider of engineered fluid handling equipment for critical applications. The Engineered Materials segment manufactures fiberglass-reinforced plastic panels and coils, primarily for use in the manufacturing of recreational vehicles, truck bodies and trailers (Transportation). It also designs and manufacturers multi-stage lubrication pumps and lubrication system components technology for critical aerospace and defense applications.

NYSE:CR - Post by User

Crane Co > 6$ net cash

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Comment by sportstermathewon Dec 04, 2021 10:35am

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Post# 34198271

RE:6$ net cash

Do we have a bottom for CREW, regarding a takeover value?

I mean if it dropped any further would it not be a slice of pie to pick up?

Say $2.50 a share market value, buy it out at $3.25, even at $2.92 a $449 million market cap is not a lot for what they own and produce.

Personally I would not want to lose CR for any less than $6, as I am looking at $9 longer term who knows.

As we proceed through 2022, finally getting there and then 2023 and so on the forward demand and LNG and other projects just forms a better foundation.

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