Crane NXT (NYSE:CXT – Get Free Report) posted its earnings results on Wednesday. The company reported $1.10 EPS for the quarter, beating analysts’ consensus estimates of $1.04 by $0.06, FiscalAI reports. Crane NXT had a net margin of 7.57% and a return on equity of 19.59%. The company had revenue of $493.20 million during the quarter, compared to analysts’ expectations of $475.62 million. During the same quarter in the prior year, the company posted $0.97 earnings per share. Crane NXT’s revenue for the quarter was up 22.1% compared to the same quarter last year. Crane NXT updated its FY 2026 guidance to 4.220-4.420 EPS.
Crane NXT Price Performance
Shares of NYSE:CXT traded up $1.71 during trading on Thursday, reaching $54.08. The stock had a trading volume of 754,672 shares, compared to its average volume of 817,006. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.99 and a current ratio of 1.33. Crane NXT has a 1-year low of $35.71 and a 1-year high of $69.00. The stock has a market cap of $3.11 billion, a PE ratio of 24.14 and a beta of 1.09. The business has a fifty day moving average price of $47.32 and a 200-day moving average price of $46.50.
Crane NXT Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 9th. Stockholders of record on Monday, August 31st will be paid a $0.18 dividend. The ex-dividend date of this dividend is Monday, August 31st. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.3%. Crane NXT’s payout ratio is currently 32.14%.
Institutional Investors Weigh In On Crane NXT
Key Headlines Impacting Crane NXT
Here are the key news stories impacting Crane NXT this week:
- Positive Sentiment: Second-quarter earnings and revenue exceeded expectations. Crane NXT reported adjusted earnings of $1.10 per share, above the $1.04 consensus estimate and up from $0.97 a year earlier. Revenue rose 22.1% year over year to $493.2 million, surpassing estimates of $475.6 million. Crane NXT Q2 Earnings and Revenues Beat Estimates
- Positive Sentiment: Crane NXT declared a quarterly dividend of $0.18 per share. Investors of record on August 31 will receive the payment on September 9. The annualized dividend is $0.72 per share, representing an indicated yield of approximately 1.3%. Crane NXT Stock Information
- Neutral Sentiment: Full-year 2026 guidance was largely maintained. The company forecast EPS of $4.22 to $4.42 and revenue of approximately $1.9 billion. The midpoint of the EPS range is close to the $4.23 analyst consensus, suggesting limited near-term guidance upside but no clear deterioration in expectations. Crane NXT Reports Second Quarter 2026 Results
- Negative Sentiment: An investment manager exited its position amid concerns about integration challenges. Conestoga Capital Advisors cited rising integration difficulties, which could weigh on investor confidence if they signal execution problems or pressure future profitability. Conestoga Capital Advisors Exited Crane NXT
Wall Street Analyst Weigh In
A number of research analysts have issued reports on the stock. Robert W. Baird set a $67.00 price target on shares of Crane NXT in a research note on Friday, May 8th. Oppenheimer decreased their price objective on shares of Crane NXT from $80.00 to $65.00 and set an “outperform” rating for the company in a research report on Wednesday, April 15th. Weiss Ratings reissued a “hold (c-)” rating on shares of Crane NXT in a research note on Friday, July 31st. Northland Securities upgraded Crane NXT from a “market perform” rating to an “outperform” rating and set a $52.00 target price on the stock in a research report on Friday, May 15th. Finally, Zacks Research upgraded Crane NXT from a “strong sell” rating to a “hold” rating in a research note on Tuesday, May 12th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $65.40.
Check Out Our Latest Stock Analysis on CXT
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. The Crane Currency segment provides advanced security solutions based on proprietary technology for securing physical products, including banknotes, consumer goods, and industrial products.
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