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Assessing Crane NXT: Insights From 5 Financial Analysts
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Assessing Crane NXT: Insights From 5 Financial Analysts
Apr 8, 2024 10:23 AM

Across the recent three months, 5 analysts have shared their insights on Crane NXT ( CXT ) , expressing a variety of opinions spanning from bullish to bearish.

The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 4 1 0 0 0
Last 30D 0 1 0 0 0
1M Ago 2 0 0 0 0
2M Ago 1 0 0 0 0
3M Ago 1 0 0 0 0

The 12-month price targets, analyzed by analysts, offer insights with an average target of $86.2, a high estimate of $100.00, and a low estimate of $80.00. Surpassing the previous average price target of $78.33, the current average has increased by 10.05%.

Decoding Analyst Ratings: A Detailed Look

The standing of Crane NXT ( CXT ) among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Bobby Brooks Northland Capital Markets Announces Outperform $91.00 -
Matt Summerville DA Davidson Raises Buy $100.00 $80.00
Matt Summerville DA Davidson Maintains Buy $80.00 $80.00
Matt Summerville DA Davidson Maintains Buy $80.00 -
Matt Summerville DA Davidson Raises Buy $80.00 $75.00

Key Insights:

Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Crane NXT ( CXT ). This information provides a snapshot of how analysts perceive the current state of the company.

Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Crane NXT ( CXT ) compared to the broader market.

Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Crane NXT's ( CXT ) stock. This examination reveals shifts in analysts' expectations over time.

Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Crane NXT's ( CXT ) market standing. Stay informed and make well-considered decisions with our Ratings Table.

Stay up to date on Crane NXT ( CXT ) analyst ratings.

Discovering Crane NXT ( CXT ): A Closer Look

Crane Co is a premier 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.

Key Indicators: Crane NXT's Financial Health

Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.

Revenue Growth: Crane NXT's ( CXT ) remarkable performance in 3 months is evident. As of 31 December, 2023, the company achieved an impressive revenue growth rate of 5.53%. This signifies a substantial increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Information Technology sector.

Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 13.87%, the company showcases strong profitability and effective cost control.

Return on Equity (ROE): Crane NXT's ( CXT ) ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 5.39% ROE, the company effectively utilizes shareholder equity capital.

Return on Assets (ROA): Crane NXT's ( CXT ) ROA stands out, surpassing industry averages. With an impressive ROA of 2.34%, the company demonstrates effective utilization of assets and strong financial performance.

Debt Management: Crane NXT's ( CXT ) debt-to-equity ratio surpasses industry norms, standing at 0.72. This suggests the company carries a substantial amount of debt, posing potential financial challenges.

The Core of Analyst Ratings: What Every Investor Should Know

Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.

Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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