Financial Analysis: Crane NXT (NYSE:CXT) and Evolv Technologies (NASDAQ:EVLVW)

Crane NXT (NYSE:CXT) and Evolv Technologies (NASDAQ:EVLVW) are both technology companies, but which is the better business? We will contrast the two businesses based on the strength of their valuation, dividends, analyst recommendations, risk, institutional ownership, profitability and earnings.

Institutional and Insider Ownership

77.5% of Crane NXT shares are held by institutional investors. 0.8% of Crane NXT shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Profitability

This table compares Crane NXT and Evolv Technologies’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Crane NXT	7.57%	19.59%	7.59%
Evolv Technologies	N/A	N/A	N/A

Analyst Recommendations

This is a breakdown of recent ratings for Crane NXT and Evolv Technologies, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Crane NXT	0	2	4	1	2.86
Evolv Technologies	0	0	0	0	0.00

Crane NXT currently has a consensus target price of $65.40, indicating a potential upside of 25.81%. Given Crane NXT’s stronger consensus rating and higher possible upside, equities research analysts clearly believe Crane NXT is more favorable than Evolv Technologies.

Earnings & Valuation

This table compares Crane NXT and Evolv Technologies”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Crane NXT	$1.66 billion	1.81	$145.10 million	$2.24	23.21
Evolv Technologies	$160.23 million	N/A	N/A	N/A	N/A

Crane NXT has higher revenue and earnings than Evolv Technologies.

Summary

Crane NXT beats Evolv Technologies on 10 of the 10 factors compared between the two stocks.

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. Crane NXT, Co. was incorporated in 2021 and is based in Waltham, Massachusetts.

About Evolv Technologies

Evolv Technologies Holdings, Inc. provides artificial intelligence (AI)-based weapons detection for security screening in the United States and internationally. Its products include Evolv Express, a touchless security screening system designed to detect firearms, improvised explosive devices, and tactical knives; and Evolv Insights that provides self-serve access, insights regarding visitor flow and arrival curves, location specific performance, system detection performance, and alarm statistics. The company was founded in 2013 and is headquartered in Waltham, Massachusetts.