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 > Lack of clarity

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Comment by gonatgasgoon Nov 07, 2023 6:48am

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Post# 35720853

RE:Lack of clarity

Ultimately, Dale wants to double the stock price. He believes if he doubles production, profitability should double and the share price should double. Total cost $1.4-1.5B as per the announcement.

Another option is to buyback half of your shares, while increasing production to 40,000. At current price, that's less than $500M for share buyback and I am not sure how much they need to spend to get production to 40,000.

The second scenario seems a lot less volatile for the share price and the first one.

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