Crane NXT (NYSE:CXT) Releases Earnings Results, Beats Estimates By $0.01 EPS

Crane NXT (NYSE:CXT) released its quarterly earnings results on Wednesday. The company reported $1.20 earnings per share for the quarter, beating analysts’ consensus estimates 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

NYSE CXT traded up $1.01 during midday trading on Friday, hitting $58.81. The company had a trading volume of 214,199 shares, compared to its average volume of 411,428. The stock has a market cap of $3.36 billion, a price-to-earnings ratio of 19.28 and a beta of 1.36. The firm has a fifty day simple moving average of $61.15 and a two-hundred day simple moving average of $58.65. Crane NXT has a fifty-two week low of $52.89 and a fifty-two week 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.

Crane NXT Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 12th. Shareholders of record on Friday, February 28th will be given a $0.17 dividend. This represents a $0.68 annualized dividend and a yield of 1.16%. This is a positive change from Crane NXT’s previous quarterly dividend of $0.16. The ex-dividend date is Friday, February 28th. Crane NXT’s dividend payout ratio (DPR) is currently 20.98%.

Analyst Ratings Changes

CXT has been the topic of a number of recent research reports. Baird R W upgraded shares of Crane NXT to a “strong-buy” rating in a report on Thursday, October 17th. Robert W. Baird raised their target price on shares of Crane NXT from $77.00 to $78.00 and gave the company an “outperform” rating in a research note on Friday, November 8th.

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.