S&P 500   5,096.27
DOW   38,996.39
QQQ   439.00
Pure Storage, Hormel Foods rise; WW International, First Advantage fall, Thursday, 2/29/2024
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Thursday, 2/29/2024
Average long-term US mortgage rises to 6.94% after marking fourth-straight weekly increase
Critical asset just had biggest fall on record (Ad)
Best Buy reports lower 4Q sales and profits as shoppers remain cautious
Grads From This Midwestern School Are More Likely to Start a Billion Dollar Company Than Founders Who Went To Stanford, Harvard, or MIT: Study
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
It's Leap Day, and You're Probably Working — Here's How 'February 29' Affects Your Paycheck
From Hometown Hero to Franchise Partner — 3 Celebrities Collaborating With Their Hometown Brands
S&P 500   5,096.27
DOW   38,996.39
QQQ   439.00
Pure Storage, Hormel Foods rise; WW International, First Advantage fall, Thursday, 2/29/2024
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Thursday, 2/29/2024
Average long-term US mortgage rises to 6.94% after marking fourth-straight weekly increase
Critical asset just had biggest fall on record (Ad)
Best Buy reports lower 4Q sales and profits as shoppers remain cautious
Grads From This Midwestern School Are More Likely to Start a Billion Dollar Company Than Founders Who Went To Stanford, Harvard, or MIT: Study
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
It's Leap Day, and You're Probably Working — Here's How 'February 29' Affects Your Paycheck
From Hometown Hero to Franchise Partner — 3 Celebrities Collaborating With Their Hometown Brands
S&P 500   5,096.27
DOW   38,996.39
QQQ   439.00
Pure Storage, Hormel Foods rise; WW International, First Advantage fall, Thursday, 2/29/2024
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Thursday, 2/29/2024
Average long-term US mortgage rises to 6.94% after marking fourth-straight weekly increase
Critical asset just had biggest fall on record (Ad)
Best Buy reports lower 4Q sales and profits as shoppers remain cautious
Grads From This Midwestern School Are More Likely to Start a Billion Dollar Company Than Founders Who Went To Stanford, Harvard, or MIT: Study
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
It's Leap Day, and You're Probably Working — Here's How 'February 29' Affects Your Paycheck
From Hometown Hero to Franchise Partner — 3 Celebrities Collaborating With Their Hometown Brands
S&P 500   5,096.27
DOW   38,996.39
QQQ   439.00
Pure Storage, Hormel Foods rise; WW International, First Advantage fall, Thursday, 2/29/2024
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Thursday, 2/29/2024
Average long-term US mortgage rises to 6.94% after marking fourth-straight weekly increase
Critical asset just had biggest fall on record (Ad)
Best Buy reports lower 4Q sales and profits as shoppers remain cautious
Grads From This Midwestern School Are More Likely to Start a Billion Dollar Company Than Founders Who Went To Stanford, Harvard, or MIT: Study
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
It's Leap Day, and You're Probably Working — Here's How 'February 29' Affects Your Paycheck
From Hometown Hero to Franchise Partner — 3 Celebrities Collaborating With Their Hometown Brands
NYSE:CXT

Crane NXT (CXT) Stock Price, News & Analysis

$58.38
+0.38 (+0.66%)
(As of 02/29/2024 ET)
Today's Range
$57.63
$58.53
50-Day Range
$53.99
$60.82
52-Week Range
$36.37
$63.36
Volume
439,934 shs
Average Volume
334,374 shs
Market Capitalization
$3.32 billion
P/E Ratio
17.85
Dividend Yield
0.96%
Price Target
$71.67

Crane NXT MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
22.8% Upside
$71.67 Price Target
Short Interest
Bearish
7.54% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.48mentions of Crane NXT in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$620,913 Sold Last Quarter
Proj. Earnings Growth
7.26%
From $4.27 to $4.58 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.

3.04 out of 5 stars

Business Services Sector

133rd out of 316 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. The company was incorporated in 2021 and is based in Waltham, Massachusetts.

CXT Stock Price History

CXT Stock News Headlines

Ex-Dividend Reminder: Cognex, Crane and Crane
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Crane NXT, Co. (NYSE:CXT) Q4 2023 Earnings Call Transcript
Crane NXT, Co. (CXT) stock forecast and price target
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
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)
Crane NXT: Q3 Earnings Snapshot
CXT vs. TRI: Which Stock Is the Better Value Option?
Crane NXT: Still A Bit More Upside In This Currency Play
CXT vs. CXM: Which Stock Is the Better Value Option?
See More Headlines
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Company Calendar

Ex-Dividend for 12/13 Dividend
11/29/2023
Dividend Payable
12/13/2023
Last Earnings
2/15/2024
Ex-Dividend for 3/13 Dividend
2/28/2024
Today
3/01/2024
Dividend Payable
3/13/2024
Next Earnings (Estimated)
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
$71.67
High Stock Price Target
$80.00
Low Stock Price Target
$65.00
Potential Upside/Downside
+22.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$188.30 million
Pretax Margin
17.24%

Debt

Sales & Book Value

Annual Sales
$1.39 billion
Cash Flow
$5.55 per share
Book Value
$16.93 per share

Miscellaneous

Free Float
55,799,000
Market Cap
$3.32 billion
Optionable
Optionable
Beta
1.38
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CXT Stock Analysis - Frequently Asked Questions

Should I buy or sell Crane NXT stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Crane NXT in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street 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?

3 brokerages have issued twelve-month price targets for Crane NXT's shares. Their CXT share price targets range from $65.00 to $80.00. On average, they predict the company's share price to reach $71.67 in the next twelve months. This suggests a possible upside of 22.8% 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 2024. Since then, CXT stock has increased by 2.7% and is now trading at $58.38.
View the best growth stocks for 2024 here
.

Are investors shorting Crane NXT?

Crane NXT saw a increase in short interest in January. As of January 31st, there was short interest totaling 3,360,000 shares, an increase of 9.4% from the January 15th total of 3,070,000 shares. Based on an average trading volume of 362,800 shares, the days-to-cover ratio is presently 9.3 days. Approximately 7.0% of the company's shares are sold short.
View Crane NXT's Short Interest
.

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 were Crane NXT's earnings last quarter?

Crane NXT, Co. (NYSE:CXT) issued its earnings results on Thursday, February, 15th. The company reported $0.99 earnings per share for the quarter, topping the consensus estimate of $0.92 by $0.07. The business earned $356.90 million during the quarter, compared to analysts' expectations of $340.89 million. Crane NXT had a trailing twelve-month return on equity of 20.33% and a net margin of 13.53%. Crane NXT's quarterly revenue was up 5.5% on a year-over-year basis. During the same period last year, the business 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. Shareholders of record on Thursday, February 29th will be paid a dividend of $0.16 per share on Wednesday, March 13th. This represents a $0.64 annualized dividend and a yield of 1.10%. The ex-dividend date of this dividend is Wednesday, February 28th. This is an increase 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 $0.56 per share and currently has a dividend yield of 0.95%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 17.13%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CXT will have a dividend payout ratio of 12.23% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CXT.

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 earnings per share guidance of 4.100-4.350 for the period, compared to the consensus earnings per share estimate of 4.320. The company issued revenue guidance of -.

Who are Crane NXT's major shareholders?

Crane NXT's stock is owned by a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (9.70%), Victory Capital Management Inc. (2.17%), Dimensional Fund Advisors LP (1.73%), Pacer Advisors Inc. (1.24%), Brown Advisory Inc. (1.02%) and First Trust Advisors LP (0.83%). 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 3/1/2024 by MarketBeat.com Staff