Should I buy or sell Crane NXT stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Crane NXT in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities 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 stock. Their CXT share price targets range from $65.00 to $100.00. On average, they expect the company's share price to reach $81.50 in the next twelve months. This suggests a possible upside of 33.5% 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 at the beginning of 2024. Since then, CXT stock has increased by 7.3% and is now trading at $61.0350. View the best growth stocks for 2024 here .

Are investors shorting Crane NXT?

Crane NXT saw a increase in short interest in the month of February. As of February 29th, there was short interest totaling 4,240,000 shares, an increase of 15.8% from the February 14th total of 3,660,000 shares. Based on an average daily trading volume, of 375,000 shares, the days-to-cover ratio is presently 11.3 days. Currently, 8.7% of the shares of the company are short sold. View Crane NXT's Short Interest .

When is Crane NXT's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024. View our CXT earnings forecast .

How were Crane NXT's earnings last quarter?

Crane NXT, Co. (NYSE:CXT) issued its earnings results on Thursday, February, 15th. The company reported $0.99 earnings per share for the quarter, topping analysts' consensus estimates of $0.92 by $0.07. The company had revenue of $356.90 million for the quarter, compared to analyst estimates of $340.89 million. Crane NXT had a net margin of 13.53% and a trailing twelve-month return on equity of 20.33%. The firm's quarterly revenue was up 5.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.13 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. Shareholders of record on Thursday, February 29th will be paid a dividend of $0.16 per share on Wednesday, March 13th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.05%. The ex-dividend date is Wednesday, February 28th. This is a boost 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 1.05%. The company does not yet have a strong track record of dividend growth. 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 ETFs hold Crane NXT's stock?

ETFs with the largest weight of Crane NXT (NYSE:CXT) stock in their portfolio include Gabelli Commercial Aerospace & Defense ETF (GCAD) , Adaptiv Select ETF (ADPV) , Pinnacle Focused Opportunities ETF (FCUS) , First Trust Dorsey Wright Momentum & Value ETF (DVLU) , Profound Medical (PRN) and First Trust Mid Cap Value AlphaDEX Fund (FNK) . First Trust Mid Cap Core AlphaDEX Fund (FNX) .

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

Crane NXT updated its FY 2024 earnings guidance on Wednesday, February, 14th. The company provided earnings per share guidance of 4.100-4.350 for the period, compared to the consensus estimate of 4.320. The company issued revenue guidance of -.

Who are Crane NXT's major shareholders?

Crane NXT's stock is owned by a number of institutional and retail investors. Top institutional investors include Congress Asset Management Co. MA (1.05%), Welch Group LLC (0.01%) and Atlas Capital Advisors LLC (0.00%). 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 .

NYSE:CXT

Crane NXT (CXT) Stock Price, News & Analysis

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Free CXT Stock Alerts

$61.04

+0.12 (+0.20%)

(As of 04/15/2024 ET)

Compare

Today's Range: $60.54
▼
$62.00
50-Day Range: $57.51
▼
$62.47
52-Week Range: $45.63
▼
$63.36

Volume: 425,448 shs
Average Volume: 352,320 shs
Market Capitalization: $3.49 billion

P/E Ratio: 18.67
Dividend Yield: 1.05%
Price Target: $81.50

Get Crane NXT alerts:

Crane NXT MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.75 Rating Score
Upside/Downside: 33.5% Upside
$81.50 Price Target
Short Interest: Bearish
8.74% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.96
Based on 8 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.

3.50 out of 5 stars

Business Services Sector

96th out of 311 stocks

Miscellaneous Fabricated Metal Products Industry

5th out of 6 stocks

3.4

Analyst's Opinion

Consensus Rating
Crane NXT has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
Crane NXT has only been the subject of 2 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
8.74% of the float of Crane NXT has been sold short.
Short Interest Ratio / Days to Cover
Crane NXT has a short interest ratio ("days to cover") of 12.3, which indicates bearish sentiment.
Change versus previous month
Short interest in Crane NXT has recently decreased by 2.97%, indicating that investor sentiment is improving.

2.5

Dividend Strength

Dividend Yield
Crane NXT pays a meaningful dividend of 1.05%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Crane NXT has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of Crane NXT is 19.57%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Crane NXT will have a dividend payout ratio of 14.00% next year. This indicates that Crane NXT will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CXT.

2.8

News and Social Media Coverage

News Sentiment
Crane NXT has a news sentiment score of 0.96. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.64 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 8 news articles for Crane NXT this week, compared to 2 articles on an average week.
Search Interest
Only 1 people have searched for CXT on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Crane NXT to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Crane NXT insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 2.00% of the stock of Crane NXT is held by insiders.
Percentage Held by Institutions
77.49% of the stock of Crane NXT is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Crane NXT are expected to grow by 7.28% in the coming year, from $4.26 to $4.57 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Crane NXT is 18.67, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.21.
Price to Earnings Ratio vs. Sector
The P/E ratio of Crane NXT is 18.67, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 19.95.
Price to Book Value per Share Ratio
Crane NXT has a P/B Ratio of 3.60. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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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

30 days | 90 days | 365 days | Advanced Chart

CXT Stock News Headlines

April 11, 2024 | americanbankingnews.com

Research Analysts Issue Forecasts for Crane NXT, Co.'s Q1 2024 Earnings (NYSE:CXT)

April 10, 2024 | uk.investing.com

Crane NXT shares get bump from Northland, eyes 'dominant position'

April 16, 2024 | TradeSmith (Ad)

A.I. Pioneer Issues Urgent Warning to Americans

With artificial intelligence creeping into every facet of our lives, what should you be doing to "A.I.-Proof" your future? It's the question on many of our minds.

April 9, 2024 | americanbankingnews.com

Crane NXT (NYSE:CXT) Receives New Coverage from Analysts at Northland Securities

April 4, 2024 | investing.com

Crane NXT appoints cybersecurity veteran to board

April 2, 2024 | globenewswire.com

Crane NXT Announces Appointment of Sandra Joyce to Board of Directors

March 28, 2024 | finance.yahoo.com

The Returns At Crane NXT (NYSE:CXT) Aren't Growing

March 16, 2024 | finance.yahoo.com

CXT Apr 2024 65.000 call

April 16, 2024 | TradeSmith (Ad)

A.I. Pioneer Issues Urgent Warning to Americans

With artificial intelligence creeping into every facet of our lives, what should you be doing to "A.I.-Proof" your future? It's the question on many of our minds.

March 12, 2024 | fortune.com

How Andreessen Horowitz’s secret crypto gamble on Kickstarter has played out

March 11, 2024 | msn.com

Crane NXT to buy OpSec Security in $270M deal

March 11, 2024 | markets.businessinsider.com

Crane NXT To Buy OpSec Security From Investcorp In $270 Mln Cash Deal

March 11, 2024 | finance.yahoo.com

Crane NXT to Acquire OpSec Security, a Global Leader in Brand Protection and Authentication Solutions

February 28, 2024 | nasdaq.com

Ex-Dividend Reminder: Cognex, Crane and Crane

February 28, 2024 | businesswire.com

Crane NXT, Co. Announces Appointment of Hans Lidforss as Senior Vice President of Strategy

February 16, 2024 | insidermonkey.com

Crane NXT, Co. (NYSE:CXT) Q4 2023 Earnings Call Transcript

February 15, 2024 | seekingalpha.com

Crane NXT, Co. 2023 Q4 - Results - Earnings Call Presentation

February 14, 2024 | finance.yahoo.com

Crane NXT, Co. Announces Strong Fourth Quarter and Full Year 2023 Results, Raises Annual Dividend by 14%

February 14, 2024 | businesswire.com

Crane NXT, Co. Announces Strong Fourth Quarter and Full Year 2023 Results, Raises Annual Dividend by 14%

January 19, 2024 | finance.yahoo.com

Crane NXT, Co. (CXT) stock forecast and price target

January 17, 2024 | finance.yahoo.com

Crane NXT, Co. Announces Dates For Fourth Quarter and Full Year 2023 Earnings Release and Earnings Call

December 20, 2023 | ca.finance.yahoo.com

SPOT Dec 2023 210.000 call

December 6, 2023 | finance.yahoo.com

Crane NXT, Co. (NYSE:CXT) is a favorite amongst institutional investors who own 89%

December 5, 2023 | benzinga.com

Engaging In Options Activity, Kurt Gallo Exercises Options Valued At $250K In Crane NXT

November 29, 2023 | msn.com

Crane NXT goes ex dividend today

November 12, 2023 | morningstar.com

Crane NXT Co CXT

November 8, 2023 | markets.businessinsider.com

Oppenheimer Keeps Their Buy Rating on Crane NXT (CXT)

See More Headlines

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Company Calendar

Last Earnings: 2/15/2024
Ex-Dividend for 3/13 Dividend: 2/28/2024
Dividend Payable: 3/13/2024
Today: 4/15/2024
Next Earnings (Estimated): 5/08/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Business Services
Industry: Miscellaneous fabricated metal products
Sub-Industry: N/A
Current Symbol: NYSE:CXT
CUSIP: N/A
CIK: 25445
Web: www.craneco.com
Phone: (203) 363-7300
Fax: 203-363-7295
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: +33.8%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.75
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): $3.27
Trailing P/E Ratio: 18.63
Forward P/E Ratio: 14.30
P/E Growth: N/A
Net Income: $188.30 million
Net Margins: 13.53%
Pretax Margin: 17.24%
Return on Equity: 20.33%
Return on Assets: 8.90%

Debt

Debt-to-Equity Ratio: 0.66
Current Ratio: 1.93
Quick Ratio: 1.46

Sales & Book Value

Annual Sales: $1.39 billion
Price / Sales: 2.50
Cash Flow: $5.58 per share
Price / Cash Flow: 10.92
Book Value: $16.97 per share
Price / Book: 3.59

Miscellaneous

Outstanding Shares: 57,120,000
Free Float: 55,974,000
Market Cap: $3.48 billion
Optionable: Optionable
Beta: 1.37

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Key Executives

Mr. Aaron W. Saak (Age 49)
President, CEO & Director
Ms. Christina Cristiano (Age 51)
Senior VP & CFO
Ms. Bianca B. Shardelow (Age 45)
VP, Controller & Chief Accounting Officer
Mr. Jason D. Feldman
Vice President of Investor Relations
Mr. Paul Gerard Igoe (Age 61)
Senior VP, General Counsel & Secretary
Ms. Jennifer Kartono (Age 54)
Senior VP & Chief Human Resources Officer
Mr. Kurt F. Gallo (Age 59)
Senior Vice President
Mr. Hans Lidforss
Senior Vice President of Strategy

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CXT Stock Analysis - Frequently Asked Questions

Should I buy or sell Crane NXT stock right now?: 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Crane NXT in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities 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 stock. Their CXT share price targets range from $65.00 to $100.00. On average, they expect the company's share price to reach $81.50 in the next twelve months. This suggests a possible upside of 33.5% 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 at the beginning of 2024. Since then, CXT stock has increased by 7.3% and is now trading at $61.0350.
View the best growth stocks for 2024 here.
Are investors shorting Crane NXT?: Crane NXT saw a increase in short interest in the month of February. As of February 29th, there was short interest totaling 4,240,000 shares, an increase of 15.8% from the February 14th total of 3,660,000 shares. Based on an average daily trading volume, of 375,000 shares, the days-to-cover ratio is presently 11.3 days. Currently, 8.7% of the shares of the company are short sold.
View Crane NXT's Short Interest.
When is Crane NXT's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our CXT earnings forecast.
How were Crane NXT's earnings last quarter?: Crane NXT, Co. (NYSE:CXT) issued its earnings results on Thursday, February, 15th. The company reported $0.99 earnings per share for the quarter, topping analysts' consensus estimates of $0.92 by $0.07. The company had revenue of $356.90 million for the quarter, compared to analyst estimates of $340.89 million. Crane NXT had a net margin of 13.53% and a trailing twelve-month return on equity of 20.33%. The firm's quarterly revenue was up 5.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.13 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. Shareholders of record on Thursday, February 29th will be paid a dividend of $0.16 per share on Wednesday, March 13th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.05%. The ex-dividend date is Wednesday, February 28th. This is a boost 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 1.05%. The company does not yet have a strong track record of dividend growth. 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 ETFs hold Crane NXT's stock?: ETFs with the largest weight of Crane NXT (NYSE:CXT) stock in their portfolio include Gabelli Commercial Aerospace & Defense ETF (GCAD), Adaptiv Select ETF (ADPV), Pinnacle Focused Opportunities ETF (FCUS), First Trust Dorsey Wright Momentum & Value ETF (DVLU), Profound Medical (PRN) and First Trust Mid Cap Value AlphaDEX Fund (FNK).First Trust Mid Cap Core AlphaDEX Fund (FNX).
What guidance has Crane NXT issued on next quarter's earnings?: Crane NXT updated its FY 2024 earnings guidance on Wednesday, February, 14th. The company provided earnings per share guidance of 4.100-4.350 for the period, compared to the consensus estimate of 4.320. The company issued revenue guidance of -.
Who are Crane NXT's major shareholders?: Crane NXT's stock is owned by a number of institutional and retail investors. Top institutional investors include Congress Asset Management Co. MA (1.05%), Welch Group LLC (0.01%) and Atlas Capital Advisors LLC (0.00%). 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 4/16/2024 by MarketBeat.com Staff

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Crane NXT (CXT) Stock Price, News & Analysis

Crane NXT MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Crane NXT Stock (NYSE:CXT)

CXT Stock Price History

CXT Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

CXT Stock Analysis - Frequently Asked Questions

Overall MarketRank^™