Crane NXT (NYSE:CXT) Issues FY 2025 Earnings Guidance

Crane NXT (NYSE:CXT - Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 4.000-4.300 for the period, compared to the consensus estimate of 4.390. The company issued revenue guidance of -, compared to the consensus revenue estimate of $1.5 billion.

Analyst Ratings Changes

Separately, Robert W. Baird lifted their price target on shares of Crane NXT from $77.00 to $78.00 and gave the stock an "outperform" rating in a research note on Friday, November 8th.

Crane NXT Stock Performance

Crane NXT stock traded up $1.98 during midday trading on Friday, reaching $59.78. 857,349 shares of the stock traded hands, compared to its average volume of 381,679. The company has a current ratio of 1.38, a quick ratio of 1.01 and a debt-to-equity ratio of 0.60. The firm has a fifty day moving average price of $61.13 and a two-hundred day moving average price of $58.57. The firm has a market cap of $3.42 billion, a price-to-earnings ratio of 19.60 and a beta of 1.36. Crane NXT has a fifty-two week low of $52.89 and a fifty-two week high of $67.00.

Crane NXT (NYSE:CXT - Get Free Report) last issued its quarterly earnings results on Wednesday, February 12th. The company reported $1.20 earnings per share for the quarter, topping analysts' consensus estimates of $1.19 by $0.01. Crane NXT had a net margin of 12.18% and a return on equity of 23.46%. On average, equities research analysts forecast that Crane NXT will post 4.26 earnings per share for the current year.

Crane NXT Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 12th. Stockholders of record on Friday, February 28th will be issued a dividend of $0.17 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.14%. This is a positive change from Crane NXT's previous quarterly dividend of $0.16. Crane NXT's payout ratio is currently 20.98%.

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.