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

Posted by Jon Anderson on Feb 13th, 2025

Crane NXT (NYSE:CXT – Get Free Report) released its earnings results on Wednesday. The company reported $1.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.19 by $0.01, Zacks reports. Crane NXT had a return on equity of 23.46% and a net margin of 12.18%. Crane NXT updated its FY 2025 guidance to 4.000-4.300 EPS.

Crane NXT Trading Down 1.7 %

NYSE CXT opened at $58.59 on Thursday. The company has a market cap of $3.35 billion, a PE ratio of 19.21 and a beta of 1.36. The company has a current ratio of 1.38, a quick ratio of 1.01 and a debt-to-equity ratio of 0.60. Crane NXT has a 12 month low of $52.89 and a 12 month high of $67.00. The stock has a 50 day moving average of $61.21 and a 200-day moving average of $58.65.

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 represents a $0.68 dividend on an annualized basis and a dividend yield of 1.16%. This is a positive change from Crane NXT’s previous quarterly dividend of $0.16. Crane NXT’s payout ratio is currently 20.98%.

Analyst Ratings Changes

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

View Our Latest Analysis on CXT

About Crane NXT

(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.