Streetbeat News

CXT

Crane NXT, Co.

https://www.cranenxt.com

Industry

Industrial - Machinery

Crane NXT, Co. focuses on payment and merchandising technologies. It indents to offer electronic equipment and associated software leveraging extensive, and proprietary core capabilities, including payment verification and authentication, as well as automation solutions, field service solutions, remote diagnostics, and productivity enhancing software solutions. The company is based in Stamford, Connecticut.

Open

64.45

Mkt cap

3.7B

Volume

853K

High

64.75

P/E Ratio

20.97

52-wk high

67.01

Low

63.24

Div yield

0.01

52-wk low

52.89

Crane NXT, Co. (CXT) held its Q3 2024 earnings conference call on November 7, 2024. Key participants included Christina Cristiano, CFO, and Aaron Saak, CEO, along with several analysts from major financial firms.

Portfolio Pulse from

November 09, 2024 | 2:45 pm

Crane NXT (CXT) has released its Q3 earnings report, providing insights into its performance for the quarter ended September 2024. The report includes key metrics that can be compared to Wall Street estimates and year-ago values.

Portfolio Pulse from

November 07, 2024 | 12:45 am

Crane NXT (CXT) reported Q3 earnings of $1.16 per share, surpassing the Zacks Consensus Estimate of $1.13 and last year's earnings of $1.09 per share.

Portfolio Pulse from

November 07, 2024 | 12:00 am

Baird analyst Michael Halloran has initiated coverage on Crane NXT (NYSE:CXT) with an Outperform rating and set a price target of $77.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 9:04 am

Crane NXT is set to acquire De La Rue Authentication Solutions for £300 million, aiming to enhance its security and authentication capabilities.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 6:28 am

Northland Capital Markets has maintained an 'Outperform' rating on Crane NXT (NYSE:CXT) but has lowered the price target from $96 to $85.

Portfolio Pulse from Benzinga Newsdesk

October 07, 2024 | 3:47 pm

Crane NXT has narrowed its FY24 adjusted EPS guidance to a range of $4.20-$4.35 from the previous range of $4.10-$4.35, compared to the $4.28 estimate.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 8:42 pm

Crane NXT (NYSE:CXT) reported Q2 2024 adjusted EPS of $1.06, beating the estimate of $1.04. Sales were $370.6M, surpassing the $367.16M estimate and showing a 5.16% increase from last year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 8:41 pm

Crane NXT updates its FY24 guidance, raising sales growth forecasts to 5%-8% from the previous -1% to 3%, following the acquisition of OpSec Security. The EPS guidance remains unchanged at $4.10-$4.35. Adjusted segment operating margin is slightly revised to 26%-28% from the initial 27%-29%. Other financial metrics including corporate expense, non-operating expense, adjusted tax rate, and free cash flow conversion remain consistent with prior forecasts.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 8:36 pm

Crane NXT (NYSE:CXT) reported Q1 adjusted earnings of $0.85 per share, surpassing the consensus estimate of $0.84, and sales of $313.60M, also beating the estimate of $311.72M. However, this represents a decrease from the previous year's earnings and sales.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 8:12 pm

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