Crane NXT (NYSE:CXT) Issues FY 2026 Earnings Guidance

Crane NXT (NYSE:CXT) issued an update on its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 4.220-4.420 for the period, compared to the consensus EPS estimate of 4.230. The company issued revenue guidance of $1.9 billion-$1.9 billion, compared to the consensus revenue estimate of $1.9 billion.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on CXT. Weiss Ratings reissued a “hold (c-)” rating on shares of Crane NXT in a research report on Friday, July 31st. Robert W. Baird set a $67.00 price objective on Crane NXT in a research note on Friday, May 8th. Zacks Research upgraded shares of Crane NXT from a “strong sell” rating to a “hold” rating in a research note on Tuesday, May 12th. Northland Securities raised Crane NXT from a “market perform” rating to an “outperform” rating and set a $52.00 price target on the stock in a report on Friday, May 15th. Finally, Oppenheimer dropped their target price on shares of Crane NXT from $80.00 to $65.00 and set an “outperform” rating on the stock in a report on Wednesday, April 15th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $65.40.

Crane NXT Price Performance

CXT stock traded down $2.50 during trading on Wednesday, hitting $52.18. 828,370 shares of the company’s stock traded hands, compared to its average volume of 588,649. The business has a fifty day simple moving average of $47.32 and a 200 day simple moving average of $46.50. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.99 and a current ratio of 1.33. The stock has a market capitalization of $3.00 billion, a price-to-earnings ratio of 23.30 and a beta of 1.09. Crane NXT has a 52 week low of $35.71 and a 52 week high of $69.00.

Crane NXT (NYSE:CXT) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $1.10 EPS for the quarter, beating the consensus estimate of $1.04 by $0.06. 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 for the quarter, compared to the consensus estimate of $475.62 million. During the same period in the prior year, the firm posted $0.97 EPS. The firm’s revenue was up 22.1% compared to the same quarter last year. Crane NXT has set its FY 2026 guidance at 4.220-4.420 EPS. As a group, research analysts expect that Crane NXT will post 4.23 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the business. Principal Securities Inc. raised its stake in shares of Crane NXT by 10.2% during the 4th quarter. Principal Securities Inc. now owns 8,583 shares of the company’s stock worth $404,000 after buying an additional 793 shares during the period. Oxford Asset Management LLP purchased a new stake in shares of Crane NXT in the second quarter valued at about $313,000. Aristeia Capital L.L.C. acquired a new stake in shares of Crane NXT during the 4th quarter worth approximately $283,000. Kestra Advisory Services LLC raised its position in Crane NXT by 7.7% in the fourth quarter. Kestra Advisory Services LLC now owns 5,407 shares of the company’s stock valued at $254,000 after purchasing an additional 386 shares during the period. Finally, Captrust Financial Advisors lifted its position in Crane NXT by 14.1% in the fourth quarter. Captrust Financial Advisors now owns 4,995 shares of the company’s stock valued at $235,000 after buying an additional 616 shares during the last quarter. Hedge funds and other institutional investors own 77.49% of the company’s stock.

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.