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

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

Analyst Ratings Changes

A number of equities analysts have recently commented on CXT shares. 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 report on Friday, November 8th. Baird R W raised Crane NXT to a “strong-buy” rating in a report on Thursday, October 17th.

Crane NXT Trading Down 1.7 %

Crane NXT stock traded down $1.03 during mid-day trading on Wednesday, hitting $58.59. 594,523 shares of the stock were exchanged, compared to its average volume of 404,022. The stock has a market capitalization of $3.35 billion, a price-to-earnings ratio of 19.21 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 quick ratio of 1.01, a current ratio of 1.38 and a debt-to-equity ratio of 0.60. The firm’s fifty day simple moving average is $61.29 and its two-hundred day simple moving average is $58.65.

Crane NXT (NYSE:CXT) last announced its 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%. Analysts forecast that Crane NXT will post 4.26 EPS for the current year.

Crane NXT Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 12th. Stockholders 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 dividend yield of 1.16%. This is an increase 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.