Crane NXT
CXT

$58

0.53%

Market Cap: $3.31B

About: Crane NXT Co is a industrial technology company that provides proprietary and trusted technology solutions to secure, detect, and authenticate what matters to its customers. It is a pioneer in proprietary micro-optics technology for securing physical products, and its sophisticated electronic equipment and associated software leverages proprietary core capabilities with detection and sensing technologies. The company operates in two segments which are Crane Payment Innovations (CPI) and Crane Currency.

Employees: 4,000

Consumer Discretionary Miscellaneous Fabricated Metal Products

0

Funds holding %

of 6,710 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

2,138% more call options, than puts

Call options by funds: $3.72M | Put options by funds: $166K

100% more funds holding in top 10

Funds holding in top 10: 1 [Q1] → 2 (+1) [Q2]

3.02% more ownership

Funds ownership: 81.22% [Q1] → 84.24% (+3.02%) [Q2]

3% more capital invested

Capital invested by funds: $2.88B [Q1] → $2.96B (+$79.9M) [Q2]

3% less repeat investments, than reductions

Existing positions increased: 115 | Existing positions reduced: 119

3% less funds holding

Funds holding: 356 [Q1] → 345 (-11) [Q2]

24% less first-time investments, than exits

New positions opened: 35 | Existing positions closed: 46

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Research analyst outlook

We haven’t received any recent analyst ratings for CXT.

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Financial journalist opinion

Crane NXT, Co. (CXT) Q2 2024 Earnings Call Transcript

Crane NXT, Co. (NYSE:CXT ) Q2 2024 Earnings Conference Call August 8, 2024 10:00 AM ET Company Participants Christina Cristiano - Chief Financial Officer Aaron Saak - President & Chief Executive Officer Conference Call Participants Matt Summerville - D.A. Davidson Bob Labick - CJS Securities Damian Karas - UBS Bobby Brooks - Northland Capital Markets Isaac Sellhausen - Oppenheimer Operator Good day, and thank you for standing by.

Crane NXT, Co. (CXT) Q2 2024 Earnings Call Transcript

Zacks Investment Research

Crane NXT (CXT) Upgraded to Buy: What Does It Mean for the Stock?

Crane NXT (CXT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Crane NXT (CXT) Upgraded to Buy: What Does It Mean for the Stock?

Zacks Investment Research

Crane NXT (CXT) Matches Q2 Earnings Estimates

Crane NXT (CXT) came out with quarterly earnings of $1.06 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $1.12 per share a year ago.

Crane NXT (CXT) Matches Q2 Earnings Estimates

Crane NXT: A Great Play On An Ambitious Growth Plan

Crane NXT is a fascinating company in the payments industry, with a long history and a great growth plan for the future. Recent financial performance has been disappointing, but management expects this picture to change moving forward. While shares aren't the cheapest, they are attractively priced when thinking about the future.

Crane NXT: A Great Play On An Ambitious Growth Plan

3 Record-Breaking Stocks With More Room to Run

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3 Record-Breaking Stocks With More Room to Run

Crane NXT, Co. Announces Appointment of Michael Mahan as President of Crane Payment Innovations

WALTHAM, Mass., June 20, 2024 (GLOBE NEWSWIRE) -- Crane NXT, Co. (NYSE: CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, today announced it has appointed Michael Mahan as President of its Crane Payment Innovations (CPI) business, effective July 8, 2024.

Crane NXT, Co. Announces Appointment of Michael Mahan as President of Crane Payment Innovations

Zacks Investment Research

Wall Street Analysts Believe Crane NXT (CXT) Could Rally 37.61%: Here's is How to Trade

The mean of analysts' price targets for Crane NXT (CXT) points to a 37.6% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Wall Street Analysts Believe Crane NXT (CXT) Could Rally 37.61%: Here's is How to Trade

Zacks Investment Research

Does Crane NXT (CXT) Have the Potential to Rally 41.42% as Wall Street Analysts Expect?

The mean of analysts' price targets for Crane NXT (CXT) points to a 41.4% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Does Crane NXT (CXT) Have the Potential to Rally 41.42% as Wall Street Analysts Expect?

Crane NXT, Co. (CXT) Q1 2024 Earnings Call Transcript

Crane NXT, Co. (NYSE:CXT ) Q1 2024 Earnings Conference Call May 9, 2024 10:00 AM ET Company Participants Rima Hyder – Vice President-Investor Relations Aaron Saak – President and Chief Executive Officer Christina Cristiano – Senior Vice President and Chief Financial Officer Conference Call Participants Matt Summerville – D.A. Davidson Bob Labick – CJS Securities Damian Karas – UBS Bobby Brooks – Northland Capital Markets Isaac Sellhausen – Oppenheimer Operator Good day, and thank you for standing by.

Crane NXT, Co. (CXT) Q1 2024 Earnings Call Transcript

Crane NXT, Co. Reports First Quarter Results

Completes Acquisition of OpSec Security, a Global Leader in Brand Protection and Authentication Solutions Increases Sales Growth Guidance to 5% to 8% for Full Year 2024 WALTHAM, Mass., May 08, 2024 (GLOBE NEWSWIRE) -- Crane NXT, Co. (NYSE: CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, today announced its financial results for the first quarter ended March 31, 2024.

Crane NXT, Co. Reports First Quarter Results

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