Crane NXT (NYSE:CXT) Releases 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 (EPS) guidance of 4.000-4.300 for the period, compared to the consensus estimate of 4.390. The company issued revenue guidance of -, compared to the consensus revenue estimate of $1.5 billion.

Crane NXT Stock Up 1.7 %

NYSE:CXT traded up $1.00 during mid-day trading on Friday, hitting $58.80. 265,519 shares of the company’s stock traded hands, compared to its average volume of 413,732. The company has a fifty day moving average of $61.15 and a 200 day moving average of $58.65. Crane NXT has a twelve month low of $52.89 and a twelve month high of $67.00. The company has a market capitalization of $3.36 billion, a P/E ratio of 19.28 and a beta of 1.36. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.01 and a current ratio of 1.38.

Crane NXT (NYSE:CXT) last announced its earnings results on Wednesday, February 12th. The company reported $1.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.19 by $0.01. Crane NXT had a return on equity of 23.46% and a net margin of 12.18%. On average, analysts forecast that Crane NXT will post 4.26 EPS for the current year.

Crane NXT Increases Dividend

The company also recently disclosed 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. The ex-dividend date is Friday, February 28th. This is a positive change from Crane NXT’s previous quarterly dividend of $0.16. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.16%. Crane NXT’s dividend payout ratio is currently 20.98%.

Wall Street Analysts Forecast Growth

CXT has been the topic of a number of research reports. Robert W. Baird increased their price objective on Crane NXT from $77.00 to $78.00 and gave the company 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 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.