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

Posted by Tech Dows on Feb 13th, 2025

Crane NXT (NYSE:CXT – Get Free Report) posted its quarterly earnings results on Wednesday. The company reported $1.20 EPS for the quarter, beating the consensus estimate 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 Price Performance

Crane NXT stock opened at $58.59 on Thursday. The stock has a market capitalization of $3.35 billion, a P/E ratio of 19.21 and a beta of 1.36. The company’s fifty day moving average price is $61.21 and its 200 day moving average price is $58.65. 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 has a 1 year low of $52.89 and a 1 year high of $67.00.

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 given a $0.17 dividend. This is a boost 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 payout ratio is 20.98%.

Analyst Ratings Changes

Several analysts recently commented on CXT shares. Baird R W raised Crane NXT to a “strong-buy” rating in a report on Thursday, October 17th. Robert W. Baird raised their price objective on shares of Crane NXT from $77.00 to $78.00 and gave the stock an “outperform” rating in a research note on Friday, November 8th.

Check Out Our Latest Stock Analysis on Crane NXT

Crane NXT Company Profile

(Get Free Report)

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.