Crane NXT (NYSE:CXT) Updates 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 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 Stock Up 1.7 %

Shares of CXT stock traded up $1.00 during mid-day trading on Friday, hitting $58.80. The stock had a trading volume of 265,519 shares, compared to its average volume of 413,732. Crane NXT has a 12-month low of $52.89 and a 12-month high of $67.00. The firm has a market capitalization of $3.36 billion, a P/E ratio of 19.28 and a beta of 1.36. The firm’s 50-day moving average is $61.15 and its two-hundred day moving average is $58.65. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.38 and a quick ratio of 1.01.

Crane NXT (NYSE:CXT) last issued its earnings results on Wednesday, February 12th. The company reported $1.20 earnings per share 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%. On average, analysts predict that Crane NXT will post 4.26 earnings per share for the current fiscal year.

Crane NXT Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 12th. Investors of record on Friday, February 28th will be paid a dividend of $0.17 per share. 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%. The ex-dividend date is Friday, February 28th. Crane NXT’s dividend payout ratio is 20.98%.

Wall Street Analyst Weigh In

CXT has been the subject of a number of analyst reports. Baird R W upgraded Crane NXT to a “strong-buy” rating in a research note on Thursday, October 17th. Robert W. Baird upped their price objective on Crane NXT from $77.00 to $78.00 and gave the stock an “outperform” rating in a research note on Friday, November 8th.

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.