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Crane Co T.CR


Primary Symbol: CR Alternate Symbol(s):  CXT

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

Comment by PonyBoyOutsideron Dec 08, 2021 9:26pm
173 Views
Post# 34212963

RE:RE:RE:RE:RE:2022 CAPEX and Stock Price....

RE:RE:RE:RE:RE:2022 CAPEX and Stock Price....The term I think Dale mentioned sometime back, was they were going to grow into their debt (or something to that effect), so,  I'm glad not so much growing into the debt, but tackling the debt, will be the focus. (With modest growth.....)

So for me this release brings some welcome clarity.

Also, maybe I missed it in earlier releases, but this is the first I remember seeing a figure attached to exit 2022 multiplier (exit @ 1.3-1.5X) so that sounds very reassuring too.

I think market will like this clarification & hoping the clear and decisive plan and it's update as to being on target, will give us a little more stability, in a seemingly volatile time......

I see $4 (or hope....) after 1st Q 2022 and see (or hope....)  $5.50-6.50 exit 2022 

I fully trust management have a solid plan and will execute!

TMPBO
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