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

Crane NXT (NYSE:CXT) updated its FY 2025 earnings guidance on Wednesday. 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.

Crane NXT Trading Down 1.7 %

CXT traded down $1.03 on Wednesday, hitting $58.59. 594,523 shares of the company were exchanged, compared to its average volume of 404,022. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.01 and a current ratio of 1.38. The firm has a fifty day simple moving average of $61.29 and a two-hundred day simple moving average of $58.65. The stock has a market capitalization of $3.35 billion, a PE 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.

Crane NXT (NYSE:CXT) last posted its earnings results on Wednesday, February 12th. The company reported $1.20 earnings per share (EPS) for the quarter, topping 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%. Sell-side analysts expect that Crane NXT will post 4.26 earnings per share for the current year.

Crane NXT Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 12th. Investors of record on Friday, February 28th will be paid a $0.17 dividend. This is an increase from Crane NXT’s previous quarterly dividend of $0.16. This represents a $0.68 dividend on an annualized basis and a yield of 1.16%. Crane NXT’s dividend payout ratio is presently 20.98%.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on CXT shares. Robert W. Baird lifted their price target on Crane NXT from $77.00 to $78.00 and gave the company an “outperform” rating in a research report on Friday, November 8th. Baird R W upgraded 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.