Crane NXT (CXT) Expected to Announce Quarterly Earnings on Wednesday

Crane NXT (NYSE:CXT) is projected to release its Q1 2025 earnings data after the market closes on Wednesday, May 7th. Analysts expect the company to announce earnings of $0.51 per share and revenue of $318.46 million for the quarter. Crane NXT has set its FY 2025 guidance at 4.000-4.300 EPS.

Crane NXT (NYSE:CXT) last released its quarterly earnings results on Wednesday, February 12th. The company reported $1.20 EPS for the quarter, topping the consensus estimate of $1.19 by $0.01. Crane NXT had a return on equity of 24.08% and a net margin of 12.38%. On average, analysts expect Crane NXT to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Crane NXT Stock Up 0.2 %

Shares of NYSE:CXT opened at $48.25 on Tuesday. Crane NXT has a 1 year low of $41.54 and a 1 year high of $67.01. The firm’s 50-day moving average is $49.56 and its two-hundred day moving average is $56.11. The firm has a market capitalization of $2.77 billion, a PE ratio of 15.13 and a beta of 1.27. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.14 and a quick ratio of 0.88.

Crane NXT Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 12th. Stockholders of record on Friday, February 28th were given a dividend of $0.17 per share. The ex-dividend date of this dividend was Friday, February 28th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.41%. This is a positive change from Crane NXT’s previous quarterly dividend of $0.16. Crane NXT’s dividend payout ratio is currently 21.32%.

Analysts Set New Price Targets

CXT has been the topic of several analyst reports. Northland Securities cut shares of Crane NXT from an “outperform” rating to a “market perform” rating and set a $72.00 target price on the stock. in a report on Tuesday, February 18th. Northland Capmk lowered Crane NXT from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 18th. Two analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $83.33.

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.