DA Davidson Weighs in on Crane NXT’s Q1 Earnings (NYSE:CXT)

Crane NXT, Co. (NYSE:CXT) – Analysts at DA Davidson issued their Q1 2025 earnings estimates for shares of Crane NXT in a note issued to investors on Tuesday, February 18th. DA Davidson analyst M. Summerville forecasts that the company will post earnings of $0.52 per share for the quarter. The consensus estimate for Crane NXT’s current full-year earnings is $4.18 per share. DA Davidson also issued estimates for Crane NXT’s FY2025 earnings at $4.17 EPS.

Crane NXT (NYSE:CXT) last issued its earnings results on Wednesday, February 12th. The company reported $1.20 EPS for the quarter, beating 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%.

CXT has been the subject of several other research reports. Northland Securities lowered shares of Crane NXT from an “outperform” rating to a “market perform” rating and set a $72.00 price target for the company. in a report on Tuesday. Northland Capmk lowered shares of Crane NXT from a “strong-buy” rating to a “hold” rating in a report on Tuesday. Finally, Robert W. Baird boosted their price target on shares of Crane NXT from $77.00 to $78.00 and gave the company an “outperform” rating in a report on Friday, November 8th. Two research analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Crane NXT currently has a consensus rating of “Moderate Buy” and an average price target of $83.33.

Crane NXT Stock Performance

Shares of Crane NXT stock opened at $59.15 on Thursday. The firm has a fifty day moving average of $61.01 and a two-hundred day moving average of $58.57. The stock has a market capitalization of $3.38 billion, a price-to-earnings ratio of 18.54 and a beta of 1.36. Crane NXT has a 52 week low of $52.89 and a 52 week 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.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Wilmington Savings Fund Society FSB bought a new position in Crane NXT in the 3rd quarter valued at about $32,000. Fifth Third Bancorp raised its holdings in Crane NXT by 98.6% in the 4th quarter. Fifth Third Bancorp now owns 556 shares of the company’s stock valued at $32,000 after acquiring an additional 276 shares during the period. Quarry LP bought a new position in Crane NXT in the 4th quarter valued at about $42,000. Covestor Ltd raised 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 period. Finally, nVerses Capital LLC bought a new position in Crane NXT in the 3rd quarter valued at about $45,000. 77.49% of the stock is owned by institutional investors.

Crane NXT Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 12th. Stockholders of record on Friday, February 28th will be issued a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.15%. This is a boost from Crane NXT’s previous quarterly dividend of $0.16. The ex-dividend date is Friday, February 28th. Crane NXT’s dividend payout ratio is presently 20.06%.

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.