NYSE:CXT

Crane NXT (CXT) Stock Price, News & Analysis

$60.89
+1.27 (+2.13%)
(As of 05/2/2024 ET)
Today's Range
$59.88
$60.96
50-Day Range
$57.51
$63.24
52-Week Range
$46.14
$63.89
Volume
155,175 shs
Average Volume
334,629 shs
Market Capitalization
$3.48 billion
P/E Ratio
18.62
Dividend Yield
1.05%
Price Target
$81.50

Crane NXT MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
33.8% Upside
$81.50 Price Target
Short Interest
Bearish
8.92% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.24mentions of Crane NXT in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
7.28%
From $4.26 to $4.57 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.24 out of 5 stars

Business Services Sector

121st out of 315 stocks

Miscellaneous Fabricated Metal Products Industry

6th out of 6 stocks

CXT stock logo

About Crane NXT Stock (NYSE:CXT)

Crane NXT, Co. operates as an industrial technology company that provides technology solutions to secure, detect, and authenticate customers' important assets. The company operates through Crane Payment Innovations and Crane Currency segments. The Crane Payment Innovations segment offers electronic equipment and associated software, as well as advanced automation solutions, processing systems, field service solutions, remote diagnostics, and productivity software solutions. The Crane Currency segment provides advanced security solutions based on proprietary technology for securing physical products, including banknotes, consumer goods, and industrial products. Crane NXT, Co. was incorporated in 2021 and is based in Waltham, Massachusetts.

CXT Stock Price History

CXT Stock News Headlines

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On November 16, 2023… Joe Biden accidentally revealed the name of the candidate… Who will replace him in the 2024 presidential election.
The Returns At Crane NXT (NYSE:CXT) Aren't Growing
CXT Apr 2024 65.000 call
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Crane NXT To Buy OpSec Security From Investcorp In $270 Mln Cash Deal
Ex-Dividend Reminder: Cognex, Crane and Crane
Crane NXT, Co. (NYSE:CXT) Q4 2023 Earnings Call Transcript
Crane NXT, Co. (CXT) stock forecast and price target
SPOT Dec 2023 210.000 call
Crane NXT goes ex dividend today
Crane NXT Co CXT
Oppenheimer Keeps Their Buy Rating on Crane NXT (CXT)
See More Headlines
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Company Calendar

Last Earnings
2/15/2024
Ex-Dividend for 3/13 Dividend
2/28/2024
Dividend Payable
3/13/2024
Today
5/02/2024
Next Earnings (Confirmed)
5/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Miscellaneous fabricated metal products
Sub-Industry
N/A
Employees
4,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$81.50
High Stock Price Target
$100.00
Low Stock Price Target
$65.00
Potential Upside/Downside
+33.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
$188.30 million
Pretax Margin
17.24%

Debt

Sales & Book Value

Annual Sales
$1.39 billion
Cash Flow
$5.59 per share
Book Value
$16.97 per share

Miscellaneous

Free Float
56,168,000
Market Cap
$3.48 billion
Optionable
Optionable
Beta
1.36
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Key Executives

  • Mr. Aaron W. Saak (Age 49)
    President, CEO & Director
  • Ms. Christina Cristiano (Age 51)
    Senior VP & CFO
  • Ms. Bianca B. Shardelow (Age 45)
    VP, Controller & Chief Accounting Officer
  • Mr. Jason D. Feldman
    Vice President of Investor Relations
  • Mr. Paul Gerard Igoe (Age 61)
    Senior VP, General Counsel & Secretary
  • Ms. Jennifer Kartono (Age 54)
    Senior VP & Chief Human Resources Officer
  • Mr. Kurt F. GalloMr. Kurt F. Gallo (Age 59)
    Senior Vice President
  • Mr. Hans Lidforss
    Senior Vice President of Strategy

CXT Stock Analysis - Frequently Asked Questions

Should I buy or sell Crane NXT stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Crane NXT in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CXT shares.
View CXT analyst ratings
or view top-rated stocks.

What is Crane NXT's stock price target for 2024?

4 analysts have issued twelve-month price objectives for Crane NXT's shares. Their CXT share price targets range from $65.00 to $100.00. On average, they predict the company's stock price to reach $81.50 in the next twelve months. This suggests a possible upside of 33.8% from the stock's current price.
View analysts price targets for CXT
or view top-rated stocks among Wall Street analysts.

How have CXT shares performed in 2024?

Crane NXT's stock was trading at $56.87 at the beginning of the year. Since then, CXT stock has increased by 7.1% and is now trading at $60.89.
View the best growth stocks for 2024 here
.

When is Crane NXT's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our CXT earnings forecast
.

How can I listen to Crane NXT's earnings call?

Crane NXT will be holding an earnings conference call on Thursday, May 9th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Crane NXT's earnings last quarter?

Crane NXT, Co. (NYSE:CXT) announced its quarterly earnings results on Thursday, February, 15th. The company reported $0.99 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.92 by $0.07. The firm had revenue of $356.90 million for the quarter, compared to analyst estimates of $340.89 million. Crane NXT had a trailing twelve-month return on equity of 20.33% and a net margin of 13.53%. The business's revenue was up 5.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.13 EPS.

How often does Crane NXT pay dividends? What is the dividend yield for Crane NXT?

Crane NXT declared a quarterly dividend on Wednesday, February 14th. Stockholders of record on Thursday, February 29th will be given a dividend of $0.16 per share on Wednesday, March 13th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.05%. The ex-dividend date of this dividend is Wednesday, February 28th. This is a boost from the stock's previous quarterly dividend of $0.14.
Read our dividend analysis for CXT
.

Is Crane NXT a good dividend stock?

Crane NXT (NYSE:CXT) pays an annual dividend of $0.64 per share and currently has a dividend yield of 1.05%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 19.57%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CXT will have a dividend payout ratio of 14.00% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CXT.

What ETFs hold Crane NXT's stock?

ETFs with the largest weight of Crane NXT (NYSE:CXT) stock in their portfolio include Simplify High Yield PLUS Credit Hedge ETF (CDX).JPMorgan BetaBuilders U.S. Small Cap Equity ETF (BBSC).

What guidance has Crane NXT issued on next quarter's earnings?

Crane NXT updated its FY 2024 earnings guidance on Wednesday, February, 14th. The company provided EPS guidance of 4.100-4.350 for the period, compared to the consensus EPS estimate of 4.320. The company issued revenue guidance of -.

Who are Crane NXT's major shareholders?

Crane NXT's stock is owned by many different institutional and retail investors. Top institutional shareholders include Congress Asset Management Co. MA (1.05%), Principal Financial Group Inc. (0.68%), Mirae Asset Global Investments Co. Ltd. (0.44%), Peregrine Capital Management LLC (0.21%), Congress Wealth Management LLC DE (0.16%) and Allspring Global Investments Holdings LLC (0.16%). Insiders that own company stock include Cristen L Kogl, Cristen L Kogl, Kurt F Gallo and Max H Mitchell.
View institutional ownership trends
.

How do I buy shares of Crane NXT?

Shares of CXT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:CXT) was last updated on 5/2/2024 by MarketBeat.com Staff

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