Crane NXT (NYSE:CXT) Issues Quarterly Earnings Results

Crane NXT (NYSE:CXT) posted its earnings results on Wednesday. The company reported $1.20 EPS for the quarter, topping the consensus estimate of $1.19 by $0.01, Zacks reports. Crane NXT had a net margin of 12.18% and a return on equity of 23.46%. Crane NXT updated its FY 2025 guidance to 4.000-4.300 EPS.

Crane NXT Stock Performance

Crane NXT stock traded down $1.03 during mid-day trading on Wednesday, reaching $58.59. The company had a trading volume of 594,523 shares, compared to its average volume of 404,022. The company has a quick ratio of 1.01, a current ratio of 1.38 and a debt-to-equity ratio of 0.60. Crane NXT has a 52 week low of $52.89 and a 52 week high of $67.00. The company has a 50 day moving average of $61.29 and a 200-day moving average of $58.65. The firm has a market cap of $3.35 billion, a price-to-earnings ratio of 19.21 and a beta of 1.36.

Wall Street Analyst Weigh In

Several research firms recently issued reports on CXT. Robert W. Baird upped their price objective on shares of Crane NXT from $77.00 to $78.00 and gave the stock an “outperform” rating in a report on Friday, November 8th. Baird R W raised shares of Crane NXT to a “strong-buy” rating in a report on Thursday, October 17th.

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.