Crane NXT (NYSE:CXT) Upgraded at Wall Street Zen

Key Points

• Wall Street Zen upgraded Crane NXT from “hold” to “buy.” Other analysts are also broadly positive, giving the stock a consensus “Moderate Buy” rating and an average price target of $66.83.
• Crane NXT reported quarterly EPS of $1.10, exceeding the $1.04 consensus estimate, while revenue rose 22.1% year over year to $493.2 million. The company expects fiscal 2026 EPS of $4.22–$4.42.
• The stock opened at $48.84, with a market capitalization of $2.81 billion and a 52-week range of $35.71 to $69.00. Institutional investors and hedge funds own approximately 77.49% of outstanding shares.

Crane NXT (NYSE:CXT - Get Free Report) was upgraded by equities researchers at Wall Street Zen from a "hold" rating to a "buy" rating in a research note issued on Saturday, Wall Street Zen reports.

Several other research firms also recently issued reports on CXT. Jefferies Financial Group began coverage on Crane NXT in a research report on Tuesday, September 22nd. They issued a "buy" rating and a $60.00 target price on the stock. Robert W. Baird set a $68.00 price target on Crane NXT in a research report on Friday, August 7th. Weiss Ratings upgraded Crane NXT from a "hold (c-)" rating to a "hold (c)" rating in a research note on Thursday, August 13th. DA Davidson reissued a "buy" rating and issued a $85.00 price objective on shares of Crane NXT in a report on Friday, September 18th. Finally, Northland Securities set a $65.00 price objective on Crane NXT in a research note on Monday, August 10th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, Crane NXT currently has an average rating of "Moderate Buy" and a consensus price target of $66.83.

Crane NXT Stock Up 1.6%

NYSE:CXT opened at $48.84 on Friday. The company has a current ratio of 1.42, a quick ratio of 1.07 and a debt-to-equity ratio of 1.00. Crane NXT has a twelve month low of $35.71 and a twelve month high of $69.00. The company has a market cap of $2.81 billion, a PE ratio of 20.18 and a beta of 1.08. The company's 50 day moving average is $50.02 and its two-hundred day moving average is $46.23.

Crane NXT (NYSE:CXT - Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $1.10 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.04 by $0.06. Crane NXT had a net margin of 7.78% and a return on equity of 19.87%. The business had revenue of $493.20 million during the quarter, compared to analysts' expectations of $475.62 million. During the same quarter last year, the company posted $0.97 earnings per share. The business's quarterly revenue was up 22.1% on a year-over-year basis. Crane NXT has set its FY 2026 guidance at 4.220-4.420 EPS. Analysts anticipate that Crane NXT will post 4.31 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Transamerica Financial Advisors LLC acquired a new position in Crane NXT during the second quarter worth $26,000. Caitong International Asset Management Co. Ltd grew its holdings in Crane NXT by 4,458.3% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 547 shares of the company's stock valued at $26,000 after buying an additional 535 shares in the last quarter. Public Employees Retirement System of Ohio acquired a new stake in shares of Crane NXT in the 2nd quarter worth $37,000. State of Wyoming increased its stake in shares of Crane NXT by 21.4% in the 1st quarter. State of Wyoming now owns 4,477 shares of the company's stock worth $182,000 after acquiring an additional 790 shares during the last quarter. Finally, Personal CFO Solutions LLC raised its holdings in shares of Crane NXT by 12.6% during the 1st quarter. Personal CFO Solutions LLC now owns 8,654 shares of the company's stock worth $351,000 after acquiring an additional 967 shares during the period. 77.49% of the stock is currently owned by institutional investors and hedge funds.

Crane NXT Company Profile

Crane NXT, Co NYSE: CXT is a technology company that provides solutions for payment processing, currency authentication and brand protection. Its products are used to help businesses securely accept, validate and manage cash and electronic payments, while also protecting currency, products and other valuable assets from counterfeiting and fraud.

Through its Crane Payment Innovations business, the company develops payment and merchandising technologies for markets such as automated retail, gaming, transportation, financial services and other commercial applications.

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