Comparing Crane NXT (CXT) & Its Rivals

Crane NXT (NYSE:CXT) is one of 377 publicly-traded companies in the “Electronic Equipment, Instruments & Components” industry, but how does it compare to its competitors? We will compare Crane NXT to similar companies based on the strength of its profitability, earnings, analyst recommendations, dividends, valuation, institutional ownership and risk.

Earnings and Valuation

This table compares Crane NXT and its competitors top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Crane NXT	$1.66 billion	$145.10 million	26.26
Crane NXT Competitors	$115.49 billion	$173.80 million	2.64

Crane NXT’s competitors have higher revenue and earnings than Crane NXT. Crane NXT is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

Volatility & Risk

Crane NXT has a beta of 1.03, meaning that its share price is 3% more volatile than the S&P 500. Comparatively, Crane NXT’s competitors have a beta of -0.29, meaning that their average share price is 129% less volatile than the S&P 500.

Dividends

Crane NXT pays an annual dividend of $0.72 per share and has a dividend yield of 1.2%. Crane NXT pays out 32.6% of its earnings in the form of a dividend. As a group, “Electronic Equipment, Instruments & Components” companies pay a dividend yield of 2.0% and pay out 69.9% of their earnings in the form of a dividend. Crane NXT has increased its dividend for 2 consecutive years.

Profitability

This table compares Crane NXT and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Crane NXT	6.91%	19.72%	7.15%
Crane NXT Competitors	-160.23%	-30.21%	-6.88%

Analyst Recommendations

This is a breakdown of recent recommendations and price targets for Crane NXT and its competitors, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Crane NXT	0	2	5	1	2.88
Crane NXT Competitors	2049	7611	10442	662	2.47

Crane NXT currently has a consensus price target of $66.83, indicating a potential upside of 15.15%. As a group, “Electronic Equipment, Instruments & Components” companies have a potential upside of 41.14%. Given Crane NXT’s competitors higher probable upside, analysts clearly believe Crane NXT has less favorable growth aspects than its competitors.

Insider & Institutional Ownership

77.5% of Crane NXT shares are owned by institutional investors. Comparatively, 43.3% of shares of all “Electronic Equipment, Instruments & Components” companies are owned by institutional investors. 0.8% of Crane NXT shares are owned by company insiders. Comparatively, 16.4% of shares of all “Electronic Equipment, Instruments & Components” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Summary

Crane NXT beats its competitors on 10 of the 15 factors compared.

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. 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.