Crane NXT (NYSE:CXT) Updates FY 2026 Earnings Guidance

Crane NXT (NYSE:CXT) updated its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 4.220-4.420 for the period, compared to the consensus EPS estimate of 4.230. The company issued revenue guidance of $1.9 billion-$1.9 billion, compared to the consensus revenue estimate of $1.9 billion.

Crane NXT Price Performance

Shares of CXT traded down $0.98 during mid-day trading on Friday, hitting $53.37. 693,764 shares of the stock were exchanged, compared to its average volume of 815,650. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.99 and a current ratio of 1.33. The company has a market cap of $3.07 billion, a PE ratio of 22.05 and a beta of 1.09. Crane NXT has a 52-week low of $35.71 and a 52-week high of $69.00. The firm has a 50-day moving average of $47.60 and a two-hundred day moving average of $46.51.

Crane NXT (NYSE:CXT) last released its quarterly earnings results on Wednesday, August 5th. The company reported $1.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.04 by $0.06. Crane NXT had a net margin of 7.78% and a return on equity of 20.00%. The company had revenue of $493.20 million for the quarter, compared to the consensus estimate of $475.62 million. During the same quarter in the prior year, the firm earned $0.97 earnings per share. Crane NXT’s revenue was up 22.1% on a year-over-year basis. Crane NXT has set its FY 2026 guidance at 4.220-4.420 EPS. On average, equities analysts predict that Crane NXT will post 4.23 earnings per share for the current year.

Crane NXT Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 9th. Investors of record on Monday, August 31st will be given a $0.18 dividend. The ex-dividend date is Monday, August 31st. This represents a $0.72 annualized dividend and a yield of 1.3%. Crane NXT’s dividend payout ratio (DPR) is currently 32.14%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. Zacks Research upgraded Crane NXT from a “strong sell” rating to a “hold” rating in a research report on Tuesday, May 12th. Weiss Ratings reissued a “hold (c-)” rating on shares of Crane NXT in a research report on Friday, July 31st. Oppenheimer decreased their price target on Crane NXT from $80.00 to $65.00 and set an “outperform” rating on the stock in a report on Wednesday, April 15th. Northland Securities upgraded Crane NXT from a “market perform” rating to an “outperform” rating and set a $52.00 price target for the company in a research report on Friday, May 15th. Finally, Robert W. Baird set a $68.00 price objective on shares of Crane NXT in a research note on Friday. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $65.60.

Hedge Funds Weigh In On Crane NXT

A number of institutional investors have recently modified their holdings of the stock. Measured Wealth Private Client Group LLC bought a new position in Crane NXT in the third quarter worth approximately $31,000. EverSource Wealth Advisors LLC raised its holdings in shares of Crane NXT by 4,080.0% in the second quarter. EverSource Wealth Advisors LLC now owns 627 shares of the company’s stock valued at $34,000 after acquiring an additional 612 shares in the last quarter. Jones Financial Companies Lllp lifted its stake in Crane NXT by 120.3% in the first quarter. Jones Financial Companies Lllp now owns 716 shares of the company’s stock worth $37,000 after acquiring an additional 391 shares during the period. Towarzystwo Funduszy Inwestycyjnych PZU SA bought a new position in Crane NXT during the 4th quarter worth about $42,000. Finally, Atlas Capital Advisors Inc. bought a new stake in shares of Crane NXT in the 4th quarter valued at about $52,000. 77.49% of the stock is owned by hedge funds and other institutional investors.

Crane NXT Company Profile

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 on proprietary technology for securing physical products, including banknotes, consumer goods, and industrial products.