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.

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Crane Co > Negative FCF in 2024

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Post by gonatgasgoon Jan 06, 2023 8:08am

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Post# 35206327

Negative FCF in 2024

https://twitter.com/garquake/status/1611140962595610625/photo/1

Look at Crew's Free Cash Flows vs others. Clearly an outlier, on the negative side.

The high growth strategy does not seem as attractive with nat gas at $3, and the market has spoken. A 4-year plan not well received when announced, and now down more than 17% in 3 days, worst performing stock amongst o&g names. It is looking like Crew took too big of a bite and it cannot chew.

RBC seems to forecast debt at around $150-175M at the end of 2024.

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