FY2025 Earnings Estimate for Crane NXT Issued By DA Davidson

Crane NXT, Co. (NYSE:CXT) – Research analysts at DA Davidson reduced their FY2025 earnings per share estimates for Crane NXT in a report released on Friday, May 9th. DA Davidson analyst M. Summerville now anticipates that the company will post earnings of $4.10 per share for the year, down from their prior forecast of $4.17. DA Davidson has a “Buy” rating and a $85.00 price objective on the stock. The consensus estimate for Crane NXT’s current full-year earnings is $4.16 per share. DA Davidson also issued estimates for Crane NXT’s FY2026 earnings at $4.85 EPS.

A number of other research firms have also recently weighed in on CXT. UBS Group lowered their price objective on shares of Crane NXT from $62.00 to $60.00 and set a “neutral” rating for the company in a research report on Tuesday. Northland Securities cut Crane NXT from an “outperform” rating to a “market perform” rating and set a $72.00 price target on the stock. in a research note on Tuesday, February 18th. Finally, Northland Capmk lowered Crane NXT from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 18th. Three investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Crane NXT currently has an average rating of “Moderate Buy” and a consensus target price of $73.75.

Crane NXT Price Performance

Shares of CXT opened at $55.25 on Monday. The firm has a 50-day simple moving average of $49.22 and a two-hundred day simple moving average of $55.95. The stock has a market cap of $3.17 billion, a PE ratio of 17.32 and a beta of 1.27. Crane NXT has a 1-year low of $41.54 and a 1-year high of $67.01. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.14 and a quick ratio of 0.88.

Crane NXT (NYSE:CXT) last issued its quarterly earnings data on Wednesday, May 7th. The company reported $0.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.51 by $0.03. Crane NXT had a net margin of 12.38% and a return on equity of 24.08%. The firm had revenue of $330.30 million for the quarter, compared to analyst estimates of $318.46 million. During the same period in the previous year, the firm earned $0.85 EPS. Crane NXT’s revenue was up 5.3% on a year-over-year basis.

Hedge Funds Weigh In On Crane NXT

Institutional investors have recently modified their holdings of the business. Park Square Financial Group LLC purchased a new position in Crane NXT in the fourth quarter valued at $26,000. Fifth Third Bancorp increased its holdings in Crane NXT by 98.6% during the 4th quarter. Fifth Third Bancorp now owns 556 shares of the company’s stock worth $32,000 after purchasing an additional 276 shares during the period. Wilmington Savings Fund Society FSB acquired a new stake in Crane NXT in the 3rd quarter valued at about $32,000. UMB Bank n.a. raised its position in Crane NXT by 87.2% in the 1st quarter. UMB Bank n.a. now owns 702 shares of the company’s stock valued at $36,000 after purchasing an additional 327 shares in the last quarter. Finally, Quarry LP purchased a new position in shares of Crane NXT in the 4th quarter valued at about $42,000. Institutional investors and hedge funds own 77.49% of the company’s stock.

Crane NXT Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 11th. Shareholders of record on Friday, May 30th will be given a $0.17 dividend. The ex-dividend date is Friday, May 30th. This represents a $0.68 annualized dividend and a yield of 1.23%. Crane NXT’s dividend payout ratio is presently 23.37%.

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.