Crane NXT (CXT) to Release Earnings on Wednesday

Crane NXT (NYSE:CXT) is expected to be posting its quarterly earnings results after the market closes on Wednesday, February 12th. Analysts expect Crane NXT to post earnings of $1.19 per share and revenue of $405.46 million for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Crane NXT Stock Down 0.4 %

Shares of NYSE CXT opened at $61.68 on Tuesday. The firm has a market cap of $3.53 billion, a price-to-earnings ratio of 20.22 and a beta of 1.36. The company’s 50-day simple moving average is $61.35 and its 200-day simple moving average is $58.68. The company has a quick ratio of 1.01, a current ratio of 1.38 and a debt-to-equity ratio of 0.60. Crane NXT has a 52-week low of $52.89 and a 52-week high of $67.00.

Analysts Set New Price Targets

CXT has been the topic of several research analyst reports. Baird R W upgraded Crane NXT to a “strong-buy” rating in a report on Thursday, October 17th. Robert W. Baird lifted their price target on Crane NXT from $77.00 to $78.00 and gave the stock an “outperform” rating in a research note on Friday, November 8th.

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.