Crane NXT, Co. (CXT)

NYSE: CXT · IEX Real-Time Price · USD
62.87
-0.37 (-0.59%)
Apr 24, 2024, 4:00 PM EDT - Market closed
-0.59%
Market Cap 3.58B
Revenue (ttm) 1.39B
Net Income (ttm) 188.30M
Shares Out 56.94M
EPS (ttm) 3.28
PE Ratio 19.13
Forward PE 14.58
Dividend $0.64 (1.02%)
Ex-Dividend Date Feb 28, 2024
Volume 175,533
Open 62.96
Previous Close 63.24
Day's Range 62.26 - 63.57
52-Week Range 46.14 - 63.89
Beta n/a
Analysts Buy
Price Target 81.50 (+29.63%)
Earnings Date May 8, 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 4 analysts, the average rating for CXT stock is "Buy." The 12-month stock price forecast is $81.5, which is an increase of 29.63% from the latest price.

Price Target
$81.5
(29.63% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

22 days 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 ...

6 weeks 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...

2 months ago - Business Wire

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...

2 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...

3 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 ...

3 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...

6 months 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...

6 months 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...

8 months ago - Business Wire

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...

8 months ago - Business Wire

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...

9 months ago - Business Wire

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...

9 months ago - Business Wire

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...

10 months ago - Business Wire

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...

Other symbols: GEHCKNFVTS
10 months ago - GuruFocus

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...

Other symbols: CR
11 months ago - GuruFocus

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

Other symbols: CR
1 year ago - Business Wire