Crane NXT, Co. (CXT)
| Market Cap | 3.40B |
| Revenue (ttm) | 1.38B |
| Net Income (ttm) | 182.40M |
| Shares Out | 57.13M |
| EPS (ttm) | 3.17 |
| PE Ratio | 18.76 |
| Forward PE | 13.59 |
| Dividend | $0.64 (1.08%) |
| Ex-Dividend Date | May 31, 2024 |
| Volume | 386,217 |
| Open | 59.44 |
| Previous Close | 59.61 |
| Day's Range | 59.25 - 59.99 |
| 52-Week Range | 48.42 - 64.80 |
| Beta | n/a |
| Analysts | Buy |
| Price Target | 85.33 (+43.46%) |
| Earnings Date | Aug 5, 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]
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 StatementsAnalyst Forecast
According to 3 analysts, the average rating for CXT stock is "Buy." The 12-month stock price forecast is $85.33, which is an increase of 43.46% from the latest price.
News
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 ...
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...
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...
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...
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 ...
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...
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...
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...
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 ...
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...
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...
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...
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...
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...
Crane NXT, Co. Announces Appointment of David D. Petratis to Board of Directors
WALTHAM, Mass.--(BUSINESS WIRE)--Crane NXT, Co. (NYSE: CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, announced that its Board of Directors has appointed David D. Petrat...
Crane NXT, Co. Announces Date for Second Quarter 2023 Earnings Release and Teleconference
WALTHAM, Mass.--(BUSINESS WIRE)--Crane NXT, Co. (NYSE: CXT) announces the following schedule and teleconference information for its second quarter 2023 earnings release: Earnings Release: August 7, 20...
Spinoffs Roundup: These Companies Could Unlock Value in 2023
Spinoffs are known for being a mixed bag from an investor's viewpoint. Some of them can unlock the true value of businesses by allowing the spinoff and the parent company to focus on their niches rath...
Crane NXT: Unknown and Undervalued
Contrary to popular belief, the amount of paper currency in circulation has been increasing in certain years. Global banknotes in circulation have increased from almost $200 billion in 2013 to $321 bi...
Crane NXT, Co. Reports Strong First Quarter 2023 Results and Raises Full-Year Outlook
WALTHAM, Mass.--(BUSINESS WIRE)--Crane NXT, Co. (NYSE: CXT) ("Crane NXT" or the "Company"), a premier industrial technology company today announced its stand-alone financial results for the first quar...
Crane NXT, Co. Announces Date for First Quarter 2023 Earnings Release and Teleconference
STAMFORD, Conn.--(BUSINESS WIRE)--Crane NXT, Co. (NYSE: CXT) announces the following schedule and teleconference information for its first quarter 2023 earnings release: Earnings Release: May 10, 2023...
Crane NXT, Co. Completes Separation from Crane Company
WALTHAM, Mass.--(BUSINESS WIRE)--Crane NXT, Co. (“Crane NXT,” NYSE: CXT), a premier industrial technology company, today announced the completion of its separation from Crane Company, and its launch a...