Crane NXT, Co. (CXT)

NYSE: CXT · Real-Time Price · USD
56.86
+0.41 (0.73%)
Nov 20, 2024, 4:00 PM EST - Market closed
0.73%
Market Cap 3.25B
Revenue (ttm) 1.44B
Net Income (ttm) 176.00M
Shares Out 57.18M
EPS (ttm) 3.05
PE Ratio 18.64
Forward PE 13.00
Dividend $0.64 (1.13%)
Ex-Dividend Date Aug 30, 2024
Volume 244,379
Open 56.55
Previous Close 56.45
Day's Range 56.00 - 56.92
52-Week Range 50.31 - 64.80
Beta n/a
Analysts Strong Buy
Price Target 87.67 (+54.19%)
Earnings Date Nov 6, 2024

About CXT

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 o... [Read more]

Sector Industrials
Founded 1855
Employees 4,000
Stock Exchange NYSE
Ticker Symbol CXT
Full Company Profile

Financial Performance

In 2023, Crane NXT, Co.'s revenue was $1.39 billion, an increase of 3.84% compared to the previous year's $1.34 billion. Earnings were $188.30 million, a decrease of -8.10%.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for CXT stock is "Strong Buy." The 12-month stock price forecast is $87.67, which is an increase of 54.19% from the latest price.

Price Target
$87.67
(54.19% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Crane NXT, Co. (CXT) Q3 2024 Earnings Call Transcript

Crane NXT, Co. (NYSE:CXT) Q3 2024 Earnings Conference Call November 7, 2024 10:00 AM ET Company Participants Christina Cristiano - Senior Vice President, Chief Financial Officer Aaron Saak - Presiden...

11 days ago - Seeking Alpha

Crane NXT, Co. Reports Third Quarter 2024 Results

Delivers sales growth of 14%; core sales growth increases 5% Narrows full year Adjusted EPS guidance to $4.22 to $4.30 WALTHAM, Mass., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Crane NXT, Co. (NYSE: CXT) ("Cr...

14 days ago - GlobeNewsWire

Crane NXT to Acquire De La Rue Authentication Solutions, a Global Leader in Security and Authentication Technologies

WALTHAM, Mass., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Crane NXT, Co. (NYSE: CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, today announced it has signed a definitive agreeme...

5 weeks ago - GlobeNewsWire

Crane NXT, Co. Announces Appointment of Dr. Aleta Richards as President of Crane Currency

WALTHAM, Mass., Oct. 14, 2024 (GLOBE NEWSWIRE) -- Crane NXT, Co. (NYSE: CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, today announced it has appointed Dr. Aleta Richard...

5 weeks ago - GlobeNewsWire

Crane NXT, Co. Announces Dates For Third Quarter 2024 Earnings Release and Earnings Call

WALTHAM, Mass., Oct. 10, 2024 (GLOBE NEWSWIRE) -- Crane NXT, Co. (NYSE: CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, announced today its schedule for the Company's thi...

5 weeks ago - GlobeNewsWire

Crane NXT, Co. (CXT) Q2 2024 Earnings Call Transcript

Crane NXT, Co. (NYSE:CXT) Q2 2024 Earnings Conference Call August 8, 2024 10:00 AM ET Company Participants Christina Cristiano - Chief Financial Officer Aaron Saak - President & Chief Executive Offic...

3 months ago - Seeking Alpha

Crane NXT: A Great Play On An Ambitious Growth Plan

Crane NXT is a fascinating company in the payments industry, with a long history and a great growth plan for the future. Recent financial performance has been disappointing, but management expects thi...

4 months ago - Seeking Alpha

Crane NXT, Co. Announces Appointment of Michael Mahan as President of Crane Payment Innovations

WALTHAM, Mass., June 20, 2024 (GLOBE NEWSWIRE) -- Crane NXT, Co. (NYSE: CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, today announced it has appointed Michael Mahan as ...

5 months ago - GlobeNewsWire

Crane NXT, Co. (CXT) Q1 2024 Earnings Call Transcript

Crane NXT, Co. (NYSE:CXT) Q1 2024 Earnings Conference Call May 9, 2024 10:00 AM ET Company Participants Rima Hyder – Vice President-Investor Relations Aaron Saak – President and Chief Executive Offic...

6 months ago - Seeking Alpha

Crane NXT, Co. Reports First Quarter Results

Completes Acquisition of OpSec Security, a Global Leader in Brand Protection and Authentication Solutions Increases Sales Growth Guidance to 5% to 8% for Full Year 2024 WALTHAM, Mass., May 08, 2024 (G...

7 months ago - GlobeNewsWire

Crane NXT Completes Acquisition of OpSec Security

Creates New Security and Authentication Technologies Segment, Consisting of Crane Currency and OpSec Security Sam Keayes Appointed Senior Vice President, Security and Authentication Technologies WALTH...

7 months ago - GlobeNewsWire

Crane NXT Announces Appointment of Sandra Joyce to Board of Directors

WALTHAM, Mass., April 02, 2024 (GLOBE NEWSWIRE) -- Crane NXT, Co. (NYSE: CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, today announced that its Board of Directors has a...

8 months ago - GlobeNewsWire

Crane NXT to Acquire OpSec Security, a Global Leader in Brand Protection and Authentication Solutions

WALTHAM, Mass. & LONDON--(BUSINESS WIRE)--Crane NXT, Co. (NYSE: CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, today announced it has signed a definitive agreement with ...

9 months ago - Business Wire

Crane NXT, Co. Announces Appointment of Hans Lidforss as Senior Vice President of Strategy

WALTHAM, Mass.--(BUSINESS WIRE)--Crane NXT, Co. (NYSE: CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, today announced it has appointed Hans Lidforss as Senior Vice Presi...

9 months ago - Business Wire

Crane NXT, Co. (CXT) Q4 2023 Earnings Call Transcript

Crane NXT, Co. (CXT) Q4 2023 Earnings Call Transcript

9 months ago - Seeking Alpha

Crane NXT, Co. Announces Strong Fourth Quarter and Full Year 2023 Results, Raises Annual Dividend by 14%

WALTHAM, Mass.--(BUSINESS WIRE)--Crane NXT, Co. (NYSE: CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, today announced its financial results for the fourth quarter and fu...

10 months ago - Business Wire

Crane NXT, Co. Announces Dates For Fourth Quarter and Full Year 2023 Earnings Release and Earnings Call

WALTHAM, Mass.--(BUSINESS WIRE)--Crane NXT, Co. (NYSE: CXT), ("Crane NXT" or the "Company"), a premier industrial technology company, announces its schedule for fourth quarter and full year 2023 resul...

11 months ago - Business Wire

Crane NXT, Co. Announces Participation in CJS Securities Conference

WALTHAM, Mass.--(BUSINESS WIRE)--Crane NXT, Co. (NYSE: CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, announced that it will participate virtually in the CJS Securities ...

11 months ago - Business Wire

Crane NXT, Co. Announces Strong Third Quarter Results; Narrows Full Year Guidance

WALTHAM, Mass.--(BUSINESS WIRE)--Crane NXT, Co. (NYSE: CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, today announced its financial results for the third quarter ended S...

1 year ago - Business Wire

Crane NXT, Co. Announces Participation in Baird Global Industrial Conference

WALTHAM, Mass.--(BUSINESS WIRE)--Crane NXT, Co. (NYSE: CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, announced that it will participate in Baird's Global Industrial Con...

1 year ago - Business Wire

Crane NXT, Co. Announces Participation in D.A. Davidson's 22nd Annual Diversified Industrials & Services Conference

WALTHAM, Mass.--(BUSINESS WIRE)--Crane NXT, Co. (NYSE: CXT), a premier industrial technology company, announced that it will participate in D.A. Davidson's 22nd Annual Diversified Industrials and Serv...

1 year ago - Business Wire

Crane NXT: Still A Bit More Upside In This Currency Play

Crane NXT is a company that focuses on technology solutions for payment transactions and the creation of banknotes. The company's revenue increased by 2.2% in the first half of the 2023 fiscal year, w...

1 year ago - Seeking Alpha

Crane NXT, Co. Announces Appointment of Rima Hyder as Head of Investor Relations

WALTHAM, Mass.--(BUSINESS WIRE)--Crane NXT, Co. (NYSE: CXT), ("Crane NXT" or the "Company"), a premier industrial technology company, announced that it has appointed Rima Hyder as Vice President, Inve...

1 year ago - Business Wire

Crane NXT, Co. (CXT) Q2 2023 Earnings Call Transcript

Crane NXT, Co. (NYSE:CXT) Q2 2023 Results Conference Call August 8, 2023 8:00 AM ET Company Participants Jason Feldman - Vice President, Investor Relations Aaron Saak - President and Chief Executive ...

1 year ago - Seeking Alpha

Crane NXT, Co. Announces Strong Second Quarter Results and Raises 2023 Guidance

WALTHAM, Mass.--(BUSINESS WIRE)--Crane NXT, Co. (NYSE: CXT), a premier industrial technology company, today announced its financial results for the second quarter of 2023. On April 3, 2023, Crane Hold...

1 year ago - Business Wire