Critical Comparison: Crane (CR) versus Dover Corporation (DOV)
Crane (NYSE: CR) and Dover Corporation (NYSE:DOV) are both mid-cap multi-sector conglomerates companies, but which is the better stock? We will contrast the two businesses based on the strength of their dividends, profitability, risk, analyst recommendations, valuation, earnings and institutional ownership.
Insider and Institutional Ownership
70.7% of Crane shares are owned by institutional investors. Comparatively, 86.1% of Dover Corporation shares are owned by institutional investors. 3.1% of Crane shares are owned by insiders. Comparatively, 2.5% of Dover Corporation shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.
This table compares Crane and Dover Corporation’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
This is a breakdown of current ratings for Crane and Dover Corporation, as reported by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
Crane currently has a consensus price target of $74.57, suggesting a potential upside of 1.65%. Dover Corporation has a consensus price target of $88.40, suggesting a potential upside of 1.26%. Given Crane’s stronger consensus rating and higher probable upside, analysts plainly believe Crane is more favorable than Dover Corporation.
Valuation and Earnings
This table compares Crane and Dover Corporation’s top-line revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Price/Sales Ratio||EBITDA||Earnings Per Share||Price/Earnings Ratio|
|Crane||$2.75 billion||1.59||$482.00 million||$2.17||33.81|
|Dover Corporation||$7.29 billion||1.86||$1.22 billion||$3.99||21.88|
Dover Corporation has higher revenue and earnings than Crane. Dover Corporation is trading at a lower price-to-earnings ratio than Crane, indicating that it is currently the more affordable of the two stocks.
Crane pays an annual dividend of $1.32 per share and has a dividend yield of 1.8%. Dover Corporation pays an annual dividend of $1.88 per share and has a dividend yield of 2.2%. Crane pays out 60.8% of its earnings in the form of a dividend. Dover Corporation pays out 47.1% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Dover Corporation has increased its dividend for 61 consecutive years. Dover Corporation is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
Volatility and Risk
Crane has a beta of 1.11, indicating that its share price is 11% more volatile than the S&P 500. Comparatively, Dover Corporation has a beta of 1.26, indicating that its share price is 26% more volatile than the S&P 500.
Dover Corporation beats Crane on 11 of the 16 factors compared between the two stocks.
Crane Company Profile
Crane Co. (Crane) is a manufacturer of engineered industrial products. The Company operates through four segments, including Fluid Handling, Payment & Merchandising Technologies, Aerospace & Electronics, and Engineered Materials. The Fluid Handling segment is a provider of engineered fluid handling equipment, including Process Valves and Related Products, Commercial Valves and Other Products. The Payment & Merchandising Technologies segment includes Crane Payment Innovations (CPI) and Merchandising Systems. The Aerospace & Electronics segment supplies various components and systems, including original equipment and aftermarket parts, primarily for the commercial aerospace and military aerospace, and defense markets. The Engineered Materials segment manufactures fiberglass-reinforced plastic (FRP) panels and coils, primarily for use in the manufacturing of recreational vehicles (RVs), truck bodies, truck trailers, with additional applications in commercial and industrial buildings.
Dover Corporation Company Profile
Dover Corporation is a diversified global manufacturer delivering equipment and components, specialty systems, consumable supplies, software and digital solutions and support services. The Company’s segments include Energy, Engineered Systems, Fluids and Refrigeration & Food Equipment. The Company’s Energy segment is a provider of solutions and services for production and processing of fuels around the world. Its Engineered Systems segment includes two platforms: Printing & Identification, and Industrials and is focused on the design, manufacture and service of critical equipment and components serving the fast-moving consumer goods, digital textile printing and industrial end markets. Its Fluids segment is focused on the safe handling of critical fluids across the retail fueling, chemical, and industrial end markets. The Refrigeration & Food Equipment segment is a provider of energy efficient equipment and systems serving the commercial refrigeration and food equipment end markets.
Receive News & Ratings for Crane Company Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Crane Company and related companies with MarketBeat.com's FREE daily email newsletter.