NYSE:CXT

Crane NXT (CXT) Stock Price, News & Analysis

$60.60
-1.38 (-2.23%)
(As of 05/9/2024 ET)
Today's Range
$59.03
$61.74
50-Day Range
$57.51
$63.24
52-Week Range
$48.19
$63.89
Volume
464,397 shs
Average Volume
332,244 shs
Market Capitalization
$3.46 billion
P/E Ratio
18.53
Dividend Yield
1.06%
Price Target
$81.50

Crane NXT MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
34.5% Upside
$81.50 Price Target
Short Interest
Bearish
8.92% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.31mentions of Crane NXT in the last 14 days
Based on 11 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
7.28%
From $4.26 to $4.57 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.14 out of 5 stars

Business Services Sector

114th out of 310 stocks

Miscellaneous Fabricated Metal Products Industry

5th out of 6 stocks

CXT stock logo

About Crane NXT Stock (NYSE:CXT)

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.

CXT Stock Price History

CXT Stock News Headlines

Crane NXT, Co. Reports First Quarter Results
Proof that the Musk/Bezos rivalry is about to hit a new level
Elon Musk Humiliated Since Jeff Bezos and Elon Musk first met in 2004 — they've been involved in a bitter feud… from rockets, to electric vehicles to who's the world richest person…for going on two decades these two have been at each others throats…
Crane NXT Completes Acquisition of OpSec Security
Proof that the Musk/Bezos rivalry is about to hit a new level
Elon Musk Humiliated Since Jeff Bezos and Elon Musk first met in 2004 — they've been involved in a bitter feud… from rockets, to electric vehicles to who's the world richest person…for going on two decades these two have been at each others throats…
The Returns At Crane NXT (NYSE:CXT) Aren't Growing
CXT Apr 2024 65.000 call
Crane NXT To Buy OpSec Security From Investcorp In $270 Mln Cash Deal
Ex-Dividend Reminder: Cognex, Crane and Crane
Crane NXT, Co. (NYSE:CXT) Q4 2023 Earnings Call Transcript
Crane NXT, Co. (CXT) stock forecast and price target
SPOT Dec 2023 210.000 call
See More Headlines
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Company Calendar

Ex-Dividend for 3/13 Dividend
2/28/2024
Dividend Payable
3/13/2024
Last Earnings
5/08/2024
Today
5/09/2024
Next Earnings (Estimated)
8/05/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Miscellaneous fabricated metal products
Sub-Industry
N/A
Employees
4,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$81.50
High Stock Price Target
$100.00
Low Stock Price Target
$65.00
Potential Upside/Downside
+34.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
$188.30 million
Pretax Margin
17.24%

Debt

Sales & Book Value

Annual Sales
$1.39 billion
Cash Flow
$5.49 per share
Book Value
$16.97 per share

Miscellaneous

Free Float
56,168,000
Market Cap
$3.46 billion
Optionable
Optionable
Beta
1.36
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Key Executives

  • Mr. Aaron W. Saak (Age 50)
    President, CEO & Director
    Comp: $2.22M
  • Ms. Christina Cristiano (Age 51)
    Senior VP & CFO
    Comp: $1.01M
  • Mr. Paul Gerard Igoe (Age 61)
    Senior VP, General Counsel & Secretary
    Comp: $1.45M
  • Ms. Jennifer Kartono (Age 54)
    Senior VP & Chief Human Resources Officer
    Comp: $925.7k
  • Mr. Kurt F. GalloMr. Kurt F. Gallo (Age 59)
    Senior Vice President
    Comp: $1.09M
  • Ms. Bianca B. Shardelow (Age 45)
    VP, Controller & Chief Accounting Officer
  • Mr. Jason D. Feldman
    Vice President of Investor Relations
  • Mr. Hans Lidforss
    Senior Vice President of Strategy

CXT Stock Analysis - Frequently Asked Questions

Should I buy or sell Crane NXT stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Crane NXT in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" CXT shares.
View CXT analyst ratings
or view top-rated stocks.

What is Crane NXT's stock price target for 2024?

4 brokerages have issued 12-month price objectives for Crane NXT's shares. Their CXT share price targets range from $65.00 to $100.00. On average, they predict the company's stock price to reach $81.50 in the next year. This suggests a possible upside of 34.5% from the stock's current price.
View analysts price targets for CXT
or view top-rated stocks among Wall Street analysts.

How have CXT shares performed in 2024?

Crane NXT's stock was trading at $56.87 on January 1st, 2024. Since then, CXT shares have increased by 6.6% and is now trading at $60.60.
View the best growth stocks for 2024 here
.

When is Crane NXT's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, August 5th 2024.
View our CXT earnings forecast
.

How were Crane NXT's earnings last quarter?

Crane NXT, Co. (NYSE:CXT) announced its quarterly earnings data on Wednesday, May, 8th. The company reported $0.85 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.86 by $0.01. The firm earned $313.60 million during the quarter, compared to analyst estimates of $311.72 million. Crane NXT had a trailing twelve-month return on equity of 20.33% and a net margin of 13.53%. Crane NXT's revenue for the quarter was down 4.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.96 EPS.

How often does Crane NXT pay dividends? What is the dividend yield for Crane NXT?

Crane NXT declared a quarterly dividend on Wednesday, February 14th. Investors of record on Thursday, February 29th will be given a dividend of $0.16 per share on Wednesday, March 13th. This represents a $0.64 annualized dividend and a yield of 1.06%. The ex-dividend date of this dividend is Wednesday, February 28th. This is an increase from the stock's previous quarterly dividend of $0.14.
Read our dividend analysis for CXT
.

Is Crane NXT a good dividend stock?

Crane NXT (NYSE:CXT) pays an annual dividend of $0.64 per share and currently has a dividend yield of 1.04%. The dividend payout ratio is 19.57%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CXT will have a dividend payout ratio of 14.00% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CXT.

What ETF holds Crane NXT's stock?

Simplify High Yield PLUS Credit Hedge ETF holds 5,235 shares of CXT stock, representing 0.30% of its portfolio.

What guidance has Crane NXT issued on next quarter's earnings?

Crane NXT updated its FY 2024 earnings guidance on Wednesday, May, 8th. The company provided earnings per share guidance of 4.100-4.350 for the period, compared to the consensus EPS estimate of 4.260. The company issued revenue guidance of $1.5 billion-$1.5 billion, compared to the consensus revenue estimate of $1.4 billion.

Who are Crane NXT's major shareholders?

Crane NXT's stock is owned by many different retail and institutional investors. Top institutional shareholders include Congress Asset Management Co. MA (1.05%), Minneapolis Portfolio Management Group LLC (0.89%), Principal Financial Group Inc. (0.68%), Lord Abbett & CO. LLC (0.62%), Mirae Asset Global Investments Co. Ltd. (0.44%) and LSV Asset Management (0.36%). Insiders that own company stock include Cristen L Kogl, Cristen L Kogl, Kurt F Gallo and Max H Mitchell.
View institutional ownership trends
.

How do I buy shares of Crane NXT?

Shares of CXT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:CXT) was last updated on 5/10/2024 by MarketBeat.com Staff

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