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 (EPS) estimates for shares of Crane NXT in a report released on Friday, May 9th. DA Davidson analyst M. Summerville now forecasts that the company will post earnings per share of $4.10 for the year, down from their prior estimate of $4.17. DA Davidson currently has a “Buy” rating and a $85.00 target price 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.

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

Crane NXT Stock Performance

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

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

Crane NXT Announces Dividend

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

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in CXT. Deutsche Bank AG grew its position in shares of Crane NXT by 3.0% in the fourth quarter. Deutsche Bank AG now owns 5,831 shares of the company’s stock valued at $339,000 after purchasing an additional 168 shares during the period. Covestor Ltd increased its stake in Crane NXT by 38.6% during the 4th quarter. Covestor Ltd now owns 739 shares of the company’s stock worth $43,000 after buying an additional 206 shares in the last quarter. FourThought Financial Partners LLC increased its stake in Crane NXT by 4.6% during the 1st quarter. FourThought Financial Partners LLC now owns 4,909 shares of the company’s stock worth $252,000 after buying an additional 216 shares in the last quarter. Amalgamated Bank raised its holdings in shares of Crane NXT by 1.0% during the fourth quarter. Amalgamated Bank now owns 22,950 shares of the company’s stock valued at $1,336,000 after acquiring an additional 233 shares during the last quarter. Finally, Corient Private Wealth LLC lifted its position in shares of Crane NXT by 1.2% in the fourth quarter. Corient Private Wealth LLC now owns 21,139 shares of the company’s stock valued at $1,231,000 after acquiring an additional 254 shares in the last quarter. 77.49% of the stock is owned by institutional investors and hedge funds.

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.