Crane NXT, Co. (NYSE:CXT – Get Free Report) has been given a consensus recommendation of “Moderate Buy” by the seven brokerages that are covering the company, MarketBeat.com reports. Two analysts have rated the stock with a hold recommendation, four have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $68.20.
A number of research firms have weighed in on CXT. Zacks Research raised shares of Crane NXT from a “strong sell” rating to a “hold” rating in a research report on Tuesday, May 12th. Northland Securities set a $65.00 price target on Crane NXT in a research note on Monday. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Crane NXT in a research note on Friday, July 31st. Oppenheimer cut their target price on Crane NXT from $80.00 to $65.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 15th. Finally, Robert W. Baird set a $68.00 price objective on shares of Crane NXT in a research report on Friday, August 7th.
Check Out Our Latest Report on Crane NXT
More Crane NXT News
- Positive Sentiment: Crane NXT’s latest quarter exceeded expectations, with adjusted earnings of $1.10 per share versus the $1.04 consensus estimate and revenue of $493.2 million versus $475.6 million expected. Revenue increased 22.1% year over year, reinforcing the company’s near-term operating momentum.
- Positive Sentiment: Northland Securities raised its FY2026 EPS estimate to $4.23 from $4.13 and lifted its Q4 2026 forecast to $1.39 from $1.25. The firm also increased its Q4 2027 estimate to $1.50 from $1.28, signaling improved expectations for several periods.
- Positive Sentiment: Analysts maintain a “Moderate Buy” consensus rating, which provides additional support for the stock’s positive tone. Crane NXT Receives Consensus Rating of Moderate Buy
- Neutral Sentiment: Crane NXT presented at Oppenheimer’s 29th Annual Technology, Internet & Communications Conference. The presentation may provide investors with additional detail on strategy and demand trends, but no specific new financial guidance was disclosed in the supplied report. Crane NXT Oppenheimer Conference Presentation
- Neutral Sentiment: A review of five analyst questions from the second-quarter earnings call could offer insight into investor concerns and management’s outlook, although the headline does not identify a new catalyst. Five Analyst Questions From Crane NXT’s Q2 Earnings Call
- Negative Sentiment: Northland reduced its FY2027 EPS forecast to $4.31 from $4.70, while cutting estimates for Q3 2026, Q1 2027, Q2 2027 and Q3 2027. The revisions suggest analysts expect some earnings softness beyond 2026 and leave the FY2027 estimate only modestly above the current-year consensus.
Crane NXT Stock Performance
Shares of CXT stock opened at $51.85 on Thursday. Crane NXT has a 12 month low of $35.71 and a 12 month high of $69.00. The company has a current ratio of 1.42, a quick ratio of 1.07 and a debt-to-equity ratio of 1.00. The firm has a market capitalization of $2.98 billion, a price-to-earnings ratio of 21.43 and a beta of 1.09. The business’s 50-day moving average price is $48.80 and its 200-day moving average price is $46.51.
Crane NXT (NYSE:CXT – Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $1.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.04 by $0.06. The firm had revenue of $493.20 million during the quarter, compared to analysts’ expectations of $475.62 million. Crane NXT had a net margin of 7.78% and a return on equity of 19.87%. The company’s revenue was up 22.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.97 EPS. Crane NXT has set its FY 2026 guidance at 4.220-4.420 EPS. Equities research analysts forecast that Crane NXT will post 4.27 EPS for the current year.
Crane NXT Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 9th. Investors of record on Monday, August 31st will be paid a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date is Monday, August 31st. Crane NXT’s payout ratio is currently 29.75%.
Institutional Investors Weigh In On Crane NXT
Hedge funds and other institutional investors have recently modified their holdings of the stock. UBS Group AG lifted its stake in Crane NXT by 3.0% in the 4th quarter. UBS Group AG now owns 787,803 shares of the company’s stock worth $37,082,000 after purchasing an additional 23,255 shares in the last quarter. M&T Bank Corp boosted its holdings in shares of Crane NXT by 409.4% in the 4th quarter. M&T Bank Corp now owns 58,514 shares of the company’s stock worth $2,754,000 after purchasing an additional 47,028 shares in the last quarter. Peregrine Capital Management LLC boosted its stake in Crane NXT by 14.8% in the fourth quarter. Peregrine Capital Management LLC now owns 108,730 shares of the company’s stock worth $5,118,000 after buying an additional 14,007 shares in the last quarter. KLCM Advisors Inc. bought a new position in shares of Crane NXT during the 1st quarter valued at $10,874,000. Finally, Gabelli Funds LLC increased its holdings in shares of Crane NXT by 7.7% in the first quarter. Gabelli Funds LLC now owns 275,028 shares of the company’s stock worth $11,163,000 after buying an additional 19,658 shares during the period. 77.49% of the stock is currently owned by institutional investors.
About Crane NXT
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.
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