Crane NXT Q3 EPS Estimate Reduced by Northland Securities

Crane NXT, Co. (NYSE:CXT) – Northland Securities dropped their Q3 2026 earnings estimates for shares of Crane NXT in a report released on Monday, August 10th. Northland Securities analyst B. Brooks now expects that the company will post earnings per share of $1.14 for the quarter, down from their prior estimate of $1.23. The consensus estimate for Crane NXT’s current full-year earnings is $4.27 per share. Northland Securities also issued estimates for Crane NXT’s Q2 2027 earnings at $1.13 EPS, Q3 2027 earnings at $1.10 EPS, Q4 2027 earnings at $1.50 EPS and FY2027 earnings at $4.31 EPS.

Crane NXT (NYSE:CXT) last announced its earnings results on Wednesday, August 5th. The company reported $1.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.04 by $0.06. The company had revenue of $493.20 million for the quarter, compared to the consensus estimate of $475.62 million. Crane NXT had a net margin of 7.78% and a return on equity of 19.87%. The company’s revenue was up 22.1% on a year-over-year basis. During the same period in the previous year, the business earned $0.97 EPS. Crane NXT has set its FY 2026 guidance at 4.220-4.420 EPS.

A number of other research firms have also issued reports on CXT. Zacks Research raised shares of Crane NXT from a “strong sell” rating to a “hold” rating in a research report on Tuesday, May 12th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Crane NXT in a research note on Friday, July 31st. Robert W. Baird set a $68.00 target price on shares of Crane NXT in a research report on Friday. Finally, Oppenheimer decreased their target price on shares of Crane NXT from $80.00 to $65.00 and set an “outperform” rating for the company in a research note on Wednesday, April 15th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, Crane NXT currently has a consensus rating of “Moderate Buy” and an average price target of $68.20.

Crane NXT Trading Down 3.3%

Shares of NYSE CXT opened at $51.57 on Tuesday. The company has a current ratio of 1.42, a quick ratio of 1.07 and a debt-to-equity ratio of 1.00. Crane NXT has a one year low of $35.71 and a one year high of $69.00. The business has a 50-day moving average price of $48.19 and a two-hundred day moving average price of $46.52. The firm has a market capitalization of $2.97 billion, a PE ratio of 21.31 and a beta of 1.09.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Camelot Portfolios LLC acquired a new stake in shares of Crane NXT in the 4th quarter valued at $25,000. Caitong International Asset Management Co. Ltd increased its position in Crane NXT by 4,458.3% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 547 shares of the company’s stock worth $26,000 after buying an additional 535 shares during the last quarter. Measured Wealth Private Client Group LLC acquired a new position in Crane NXT during the third quarter worth $31,000. EverSource Wealth Advisors LLC raised its holdings in Crane NXT by 4,080.0% during the second quarter. EverSource Wealth Advisors LLC now owns 627 shares of the company’s stock valued at $34,000 after buying an additional 612 shares in the last quarter. Finally, Jones Financial Companies Lllp raised its holdings in Crane NXT by 120.3% during the first quarter. Jones Financial Companies Lllp now owns 716 shares of the company’s stock valued at $37,000 after buying an additional 391 shares in the last quarter. Institutional investors and hedge funds own 77.49% of the company’s stock.

Crane NXT Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 9th. Shareholders of record on Monday, August 31st will be given a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Monday, August 31st. Crane NXT’s payout ratio is currently 29.75%.

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.