Crane NXT (CXT) Projected to Post Earnings on Wednesday

Crane NXT (NYSE:CXT - Get Free Report) is projected to release its Q1 2025 earnings data after the market closes on Wednesday, May 7th. Analysts expect the company to announce 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 quarterly earnings data on Wednesday, February 12th. The company reported $1.20 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 Stock Performance

CXT stock traded up $0.44 during midday trading on Monday, reaching $48.58. 65,926 shares of the company's stock traded hands, compared to its average volume of 385,790. The stock's 50-day moving average is $49.74 and its 200 day moving average is $56.18. The stock has a market cap of $2.79 billion, a P/E ratio of 15.23 and a beta of 1.27. Crane NXT has a 52-week low of $41.54 and a 52-week high of $67.01. The company has a current ratio of 1.14, a quick ratio of 0.88 and a debt-to-equity ratio of 0.51.

Crane NXT Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 12th. Investors of record on Friday, February 28th were issued a $0.17 dividend. This is a boost from Crane NXT's previous quarterly dividend of $0.16. This represents a $0.68 dividend on an annualized basis and a yield of 1.40%. The ex-dividend date of this dividend was Friday, February 28th. Crane NXT's dividend payout ratio (DPR) is currently 21.32%.

Analyst Upgrades and Downgrades

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