
Crane NXT, Co. (NYSE:CXT – Free Report) – Equities researchers at Northland Securities increased their FY2026 earnings estimates for shares of Crane NXT in a research report issued on Thursday, November 12th. Northland Securities analyst B. Brooks now forecasts that the company will post earnings of $4.36 per share for the year, up from their previous estimate of $4.23. The consensus estimate for Crane NXT’s current full-year earnings is $4.33 per share. Northland Securities also issued estimates for Crane NXT’s Q4 2026 earnings at $1.38 EPS, Q1 2027 earnings at $0.69 EPS, Q2 2027 earnings at $1.23 EPS, Q3 2027 earnings at $1.25 EPS, Q4 2027 earnings at $1.35 EPS and FY2027 earnings at $4.53 EPS.
A number of other brokerages have also commented on CXT. Weiss Ratings reissued a “hold (c)” rating on shares of Crane NXT in a report on Wednesday. DA Davidson restated a “buy” rating and issued a $85.00 target price on shares of Crane NXT in a report on Friday, September 18th. Jefferies Financial Group started coverage on shares of Crane NXT in a 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 report on Friday, August 7th. Finally, Wall Street Zen downgraded shares of Crane NXT from a “buy” rating to a “hold” rating in a report on Saturday, October 31st. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, Crane NXT presently has an average rating of “Moderate Buy” and a consensus price target of $66.83.
Crane NXT Price Performance
Shares of NYSE:CXT opened at $56.95 on Friday. The stock has a market capitalization of $3.28 billion, a P/E ratio of 25.77 and a beta of 1.03. The business has a 50-day moving average of $52.69 and a two-hundred day moving average of $48.26. Crane NXT has a fifty-two week low of $35.71 and a fifty-two week high of $63.57. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.31 and a quick ratio of 1.02.
Crane NXT (NYSE:CXT – Get Free Report) last posted its earnings results on Wednesday, November 4th. The company reported $1.28 EPS for the quarter, topping the consensus estimate of $1.21 by $0.07. Crane NXT had a net margin of 6.91% and a return on equity of 19.55%. The firm had revenue of $497.10 million for the quarter, compared to the consensus estimate of $495.00 million. During the same period in the prior year, the business posted $1.28 earnings per share. The business’s quarterly revenue was up 11.7% on a year-over-year basis.
Institutional Investors Weigh In On Crane NXT
A number of institutional investors have recently bought and sold shares of CXT. BlackRock Inc. bought a new stake in Crane NXT in the 2nd quarter valued at $329,797,000. Dimensional Fund Advisors LP grew its stake in shares of Crane NXT by 12.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,930,800 shares of the company’s stock valued at $78,366,000 after purchasing an additional 214,857 shares during the period. Congress Asset Management Co. raised its holdings in shares of Crane NXT by 1.7% in the 3rd quarter. Congress Asset Management Co. now owns 1,185,663 shares of the company’s stock worth $55,845,000 after buying an additional 19,402 shares in the last quarter. Southernsun Asset Management LLC raised its holdings in shares of Crane NXT by 17.3% in the 1st quarter. Southernsun Asset Management LLC now owns 783,808 shares of the company’s stock worth $31,815,000 after buying an additional 115,598 shares in the last quarter. Finally, Bank of New York Mellon Corp bought a new position in shares of Crane NXT during the 2nd quarter worth approximately $23,160,000. Institutional investors and hedge funds own 77.49% of the company’s stock.
Crane NXT Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 9th. Investors of record on Monday, November 30th will be given a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend is Monday, November 30th. Crane NXT’s dividend payout ratio (DPR) is 32.58%.
About Crane NXT
Crane NXT is a global industrial technology company focused on authentication and automated payment technologies. It designs and manufactures products and systems used to protect, manage and authenticate currency, goods and transactions. Its offerings include banknote security features, currency-processing equipment and payment and merchandising technologies, such as cash and cashless payment systems for vending and other self-service applications. The company also provides authentication solutions that help governments and businesses identify counterfeit currency and products.
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