Crane NXT, Co. (NYSE:CXT - Free Report) - Equities research analysts at DA Davidson issued their FY2026 earnings estimates for Crane NXT in a research note issued on Tuesday, February 18th. DA Davidson analyst M. Summerville forecasts that the company will post earnings per share of $4.90 for the year. The consensus estimate for Crane NXT's current full-year earnings is $4.16 per share.
Several other equities research analysts have also recently weighed in on CXT. Robert W. Baird increased their price objective on Crane NXT from $77.00 to $78.00 and gave the stock an "outperform" rating in a report on Friday, November 8th. Northland Securities lowered Crane NXT from an "outperform" rating to a "market perform" rating and set a $72.00 target price for the company. in a research report on Tuesday, February 18th. Finally, Northland Capmk downgraded Crane NXT from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, February 18th. Two research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $83.33.
Get Our Latest Analysis on CXT
Crane NXT Trading Up 0.4 %
CXT traded up $0.22 on Friday, hitting $57.67. 499,039 shares of the company were exchanged, compared to its average volume of 449,159. The stock has a market capitalization of $3.30 billion, a PE ratio of 18.08 and a beta of 1.36. Crane NXT has a 12 month low of $52.89 and a 12 month high of $67.00. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.88 and a current ratio of 1.14. The firm has a fifty day simple moving average of $60.89 and a two-hundred day simple moving average of $58.64.
Crane NXT (NYSE:CXT - Get Free Report) last posted its quarterly earnings results on Wednesday, February 12th. The company reported $1.20 earnings per share for the quarter, topping the consensus estimate of $1.19 by $0.01. Crane NXT had a net margin of 12.38% and a return on equity of 24.08%.
Crane NXT Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 12th. Shareholders of record on Friday, February 28th will be paid a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 1.18%. The ex-dividend date of this dividend is Friday, February 28th. This is a positive change from Crane NXT's previous quarterly dividend of $0.16. Crane NXT's dividend payout ratio is presently 21.32%.
Hedge Funds Weigh In On Crane NXT
Large investors have recently made changes to their positions in the business. Wilmington Savings Fund Society FSB purchased a new position in Crane NXT in the 3rd quarter worth approximately $32,000. Fifth Third Bancorp boosted its position in shares of Crane NXT by 98.6% during the fourth quarter. Fifth Third Bancorp now owns 556 shares of the company's stock worth $32,000 after acquiring an additional 276 shares during the last quarter. Quarry LP purchased a new position in Crane NXT during the fourth quarter valued at $42,000. Covestor Ltd increased its holdings in Crane NXT by 38.6% in the 4th quarter. Covestor Ltd now owns 739 shares of the company's stock valued at $43,000 after acquiring an additional 206 shares during the last quarter. Finally, Lazard Asset Management LLC purchased a new stake in Crane NXT in the 4th quarter worth $83,000. 77.49% of the stock is currently owned by hedge funds and other institutional investors.
About Crane NXT
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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.
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