Crane NXT (CXT) to Release Quarterly Earnings on Wednesday

Crane NXT (NYSE:CXT - Get Free Report) is projected to issue its Q1 2025 quarterly earnings results after the market closes on Wednesday, May 7th. Analysts expect Crane NXT to post earnings of $0.51 per share and revenue of $318.46 million for the quarter. Crane NXT has set its FY 2025 guidance at 4.000-4.300 EPS.

Crane NXT (NYSE:CXT - Get Free Report) last posted its earnings results on Wednesday, February 12th. The company reported $1.20 earnings per share for the quarter, beating the consensus estimate of $1.19 by $0.01. Crane NXT had a net margin of 12.38% and a return on equity of 24.08%. On average, analysts expect Crane NXT to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Crane NXT Price Performance

Crane NXT stock traded up $1.13 during midday trading on Friday, reaching $48.14. 223,100 shares of the stock traded hands, compared to its average volume of 386,150. The company has a quick ratio of 0.88, a current ratio of 1.14 and a debt-to-equity ratio of 0.51. Crane NXT has a 12 month low of $41.54 and a 12 month high of $67.01. The stock's fifty day moving average is $49.74 and its 200-day moving average is $56.19. The stock has a market cap of $2.76 billion, a P/E ratio of 15.09 and a beta of 1.21.

Crane NXT Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 12th. Investors of record on Friday, February 28th were paid a dividend of $0.17 per share. This is an increase from Crane NXT's previous quarterly dividend of $0.16. The ex-dividend date was Friday, February 28th. This represents a $0.68 dividend on an annualized basis and a yield of 1.41%. Crane NXT's dividend payout ratio is presently 21.32%.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the stock. Northland Securities downgraded shares of Crane NXT from an "outperform" rating to a "market perform" rating and set a $72.00 target price on the stock. in a report on Tuesday, February 18th. Northland Capmk cut Crane NXT from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, February 18th. Two equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $83.33.

Crane NXT Company Profile

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.