FY2026 Earnings Forecast for Crane NXT Issued By DA Davidson

Crane NXT, Co. (NYSE:CXTFree Report) – Equities researchers at DA Davidson issued their FY2026 earnings per share estimates for Crane NXT in a note issued to investors on Tuesday, February 18th. DA Davidson analyst M. Summerville expects that the company will earn $4.90 per share for the year. The consensus estimate for Crane NXT’s current full-year earnings is $4.16 per share.

Other equities analysts have also issued research reports about the company. Robert W. Baird increased their target price on Crane NXT from $77.00 to $78.00 and gave the stock an “outperform” rating in a research note on Friday, November 8th. Northland Capmk lowered Crane NXT from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 18th. Finally, Northland Securities lowered Crane NXT from an “outperform” rating to a “market perform” rating and set a $72.00 target price on the stock. in a research note on Tuesday, February 18th. Two investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $83.33.

Check Out Our Latest Stock Analysis on Crane NXT

Crane NXT Price Performance

Shares of NYSE CXT opened at $58.15 on Friday. The firm has a market cap of $3.33 billion, a P/E ratio of 18.23 and a beta of 1.36. The company has a current ratio of 1.14, a quick ratio of 0.88 and a debt-to-equity ratio of 0.51. Crane NXT has a 1-year low of $52.89 and a 1-year high of $67.00. The business’s 50 day moving average is $60.94 and its 200-day moving average is $58.61.

Crane NXT (NYSE:CXTGet Free Report) last released its quarterly earnings data on Wednesday, February 12th. The company reported $1.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.19 by $0.01. Crane NXT had a return on equity of 24.08% and a net margin of 12.38%.

Hedge Funds Weigh In On Crane NXT

Hedge funds have recently added to or reduced their stakes in the stock. Fifth Third Bancorp increased its stake in Crane NXT by 98.6% during the 4th quarter. Fifth Third Bancorp now owns 556 shares of the company’s stock worth $32,000 after acquiring an additional 276 shares during the period. Wilmington Savings Fund Society FSB bought a new position in Crane NXT during the 3rd quarter worth $32,000. Quarry LP bought a new position in Crane NXT during the 4th quarter worth $42,000. Covestor Ltd increased its stake in Crane NXT by 38.6% during the 4th quarter. Covestor Ltd now owns 739 shares of the company’s stock worth $43,000 after acquiring an additional 206 shares during the period. Finally, Lazard Asset Management LLC bought a new position in Crane NXT during the 4th quarter worth $83,000. Institutional investors own 77.49% of the company’s stock.

Crane NXT Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 12th. Shareholders of record on Friday, February 28th will be paid a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 1.17%. The ex-dividend date is Friday, February 28th. This is a positive change from Crane NXT’s previous quarterly dividend of $0.16. Crane NXT’s dividend payout ratio (DPR) is 20.06%.

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.

Further Reading

Earnings History and Estimates for Crane NXT (NYSE:CXT)

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