5 Solid Stocks to Buy Despite Adverse Economic Data [Yahoo! Finance]
Crane Holdings, Co. (CR)
Last crane holdings, co. earnings: 4/27 05:01 pm
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ir.craneco.com
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Source: Yahoo! Finance
U.S. GDP grew at a 1.6% annualized pace, well below the consensus estimate of 2.5%. GDP increased 3.4% and 4.9% year over year, respectively, in the fourth and third quarters 2023. In 2023, the economy grew 2.5% year over year. Consumer spending – the largest driver of GDP – increased 2.5% in first-quarter 2024, lagging the 3% consensus estimate and 3.3% rise in fourth-quarter 2023. The personal consumption expenditure (PCE) price index climbed 3.4% year over year in the first quarter compared with the 1.8% rise in the previous quarter. This marked the biggest gain in PCE inflation in a year. The core (excluding volatile food and energy items) PCE inflation — the Fed's favorite inflation gauge — jumped 3.7% year over year in first-quarter 2024, significantly above the Fed's 2% target rate. The price index for GDP — popularly known as the “chain-weighted” level — increased at a 3.1% annualized pace in the first quarter, above the consensus estimate of 3%. Meanwhile, a long list o
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CR
News
- Crane (NYSE: CR) had its price target raised by analysts at UBS Group AG from $120.00 to $152.00. They now have a "neutral" rating on the stock.MarketBeat
- Crane (NYSE: CR) had its "buy" rating re-affirmed by analysts at Stifel Nicolaus. They now have a $157.00 price target on the stock.MarketBeat
- Coin Sorter Market To Reach USD 9.0 Billion By 2032 | DataHorizzon Research [Yahoo! Finance]Yahoo! Finance
- Crane Company (NYSE:CR) is a favorite amongst institutional investors who own 75% [Yahoo! Finance]Yahoo! Finance
- Crane NXT, Co. Reports First Quarter Results [Yahoo! Finance]Yahoo! Finance
CR
Earnings
- 4/22/24 - Beat
CR
Sec Filings
- 5/8/24 - Form 10-Q
- 5/8/24 - Form 8-K
- 5/7/24 - Form 3
- CR's page on the SEC website