Crane NXT (CXT)
NYSE:CXT
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Crane NXT
(NYSE:CXT)
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Rating:56Neutral
Price Target:
$46.00
â–²(14.46% Upside)
Action:ReiteratedDate:03/13/26
The score is held back primarily by weakening profitability/cash flow and rising leverage, plus a strongly bearish technical setup with the stock well below key moving averages. Offsetting factors include generally constructive 2026 guidance and backlog commentary, and a mid-range valuation with a modest dividend.
Positive Factors
Backlog & product wins
Material new denomination wins and a substantially larger SAT and organic backlog provide multi‑period revenue visibility and scale for micro‑optics production. Durable backlog supports aftermarket/service revenues, ramps manufacturing utilization, and underpins medium‑term growth and margin recovery.
Negative Factors
Rising leverage
Debt increases from acquisitions and term loan draws materially raise financial leverage and interest exposure. Higher leverage reduces flexibility to absorb cash‑flow volatility, constrains strategic optionality, and makes the company more sensitive to slower cash generation until leverage is meaningfully reduced.
Read all positive and negative factors
Positive Factors
Negative Factors
Backlog & product wins
Material new denomination wins and a substantially larger SAT and organic backlog provide multi‑period revenue visibility and scale for micro‑optics production. Durable backlog supports aftermarket/service revenues, ramps manufacturing utilization, and underpins medium‑term growth and margin recovery.
Read all positive factors
Crane NXT (CXT) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$2.31B
Dividend Yield1.42%
Average Volume (3M)494.30K
Price to Earnings (P/E)18.6
Beta (1Y)0.89
Revenue Growth9.30%
EPS Growth-12.55%
CountryUS
Employees4,500
SectorIndustrials
Sector Strength72
IndustryIndustrial - Machinery
Share Statistics
EPS (TTM)1.27
Shares Outstanding57,443,573
10 Day Avg. Volume587,344
30 Day Avg. Volume494,302
Financial Highlights & Ratios
PEG Ratio-0.87
Price to Book (P/B)2.15
Price to Sales (P/S)1.63
P/FCF Ratio13.62
Enterprise Value/Market Cap1.39
Enterprise Value/Revenue1.94
Enterprise Value/Gross Profit4.57
Enterprise Value/Ebitda9.49
Forecast
1Y Price Target
$68.25Price Target Upside69.82% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
EPS Forecast (FY)4.27
Revenue Forecast (FY)$1.73B
Crane NXT Business Overview & Revenue Model
Company Description
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 ...
How the Company Makes Money
Crane NXT makes money primarily by selling products and services across payment and security-related markets. A major revenue stream comes from the design, manufacture, and sale of cash-handling and payment-related hardware (e.g., equipment used t...
Crane NXT Key Performance Indicators (KPIs)
Crane NXT Earnings Call Summary
Earnings Call Date:Feb 11, 2026
(Q4-2025)
| % Change Since: |
Next Earnings Date:May 13, 2026
Earnings Call Sentiment Positive
The call presents a generally positive outlook: the company delivered strong top-line growth, excellent cash conversion, exceeded currency win targets, expanded backlog, and set mid-2026 milestones for the Antares Vision acquisition. Management is investing to capture sustained international currency demand and expects margin recovery and synergy realization in 2026. Offsetting these positives are notable near-term margin pressures in SAT, incremental costs and FX headwinds tied to rapid ramping of international currency capacity, CPI softness (particularly vending due to tariffs), and acquisition-related expenses and financing draws that create near-term earnings/interest effects. Overall, leadership frames these headwinds as manageable and temporary given backlog strength and planned productivity improvements.Positive Updates
Strong Top-Line Growth
Q4 sales of $477M, up ~20% year-over-year (driven by acquisitions and Crane Currency); full-year sales of approximately $1.7B, up ~11% year-over-year; Q4 core sales up ~5% and full-year core sales growth ~1%.
Negative Updates
Margin Pressure in SAT and FY Operating Margins
Adjusted segment operating margin declined ~120 bps in Q4 and ~260 bps for the full year; SAT saw a significant margin decline (approximately 420 bps in Q4 and ~380 bps for the full year) driven by mix, acquisitions, and incremental costs.
Read all updates
Q4-2025 Updates
Positive
Negative
Strong Top-Line Growth
Q4 sales of $477M, up ~20% year-over-year (driven by acquisitions and Crane Currency); full-year sales of approximately $1.7B, up ~11% year-over-year; Q4 core sales up ~5% and full-year core sales growth ~1%.
Read all positive updates
Company Guidance
Crane NXT’s 2026 guidance calls for full‑year sales growth of 4%–6% (described as mid‑single digits elsewhere), with SAT up high single‑digits (U.S. currency high single‑digit, international low single‑digit), Crane Authentication mid‑single‑digit core growth, and CPI flat (service +mid‑single‑digits, hardware flat, vending down low‑single‑digits). The company will report adjusted EBITDA (segment EBITDA margin ~28%, roughly flat YoY) and expects full‑year company adjusted EBITDA ≈25% (CPI ≈30%, SAT ≈25%, SAT margin +120 bps YoY); corporate expenses ≈$58M; non‑operating expenses ≈$60M; tax rate ≈21.5%; adjusted EPS $4.10–$4.40; adjusted free cash flow conversion 90%–110%; year‑end net leverage ≈2.3x; total CapEx 3%–5% of sales (currency CapEx ≈7% of currency revenue); ~$4M incremental SAT cost and ~$4M additional OpEx for micro‑optics. Guidance includes interest only on the initial ~32% Antares Vision stake (consolidation after >50% ownership), and Q1 is expected to see mid‑teens revenue growth (SAT +45%–50% in Q1), CPI down mid‑single‑digits, and Q1 adjusted EBITDA margin ≈19%.Crane NXT Financial Statement Overview
Summary
Income Statement
68
Positive
Balance Sheet
62
Positive
Cash Flow
55
Neutral
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 1.66B | 1.49B | 1.39B | 1.34B | 1.35B |
| Gross Profit | 703.80M | 665.10M | 654.10M | 626.20M | 598.90M |
| EBITDA | 347.90M | 361.00M | 368.00M | 383.30M | 365.80M |
| Net Income | 145.10M | 184.10M | 188.30M | 204.90M | 178.00M |
Balance Sheet | |||||
| Total Assets | 3.12B | 2.39B | 2.13B | 2.13B | 4.49B |
| Cash, Cash Equivalents and Short-Term Investments | 233.80M | 165.80M | 227.20M | 230.70M | 478.60M |
| Total Debt | 1.14B | 813.90M | 694.70M | 881.20M | 944.50M |
| Total Liabilities | 1.86B | 1.32B | 1.17B | 1.35B | 2.65B |
| Stockholders Equity | 1.26B | 1.06B | 964.00M | 783.80M | 1.83B |
Cash Flow | |||||
| Free Cash Flow | 198.30M | 168.70M | 245.20M | 284.70M | 444.60M |
| Operating Cash Flow | 241.50M | 214.10M | 276.30M | 306.00M | 498.50M |
| Investing Cash Flow | -549.00M | -318.00M | -31.10M | -21.30M | -300.00K |
| Financing Cash Flow | 363.60M | 62.10M | -252.50M | -135.00M | -557.90M |
Crane NXT Technical Analysis
Negative
40.19
Price Trends
47.68
Negative
50.28
Negative
55.31
Negative
Market Momentum
-2.03
Negative
35.08
Neutral
36.20
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CXT, the sentiment is Negative. The current price of 40.19 is below the 20-day moving average (MA) of 42.37, below the 50-day MA of 47.68, and below the 200-day MA of 55.31, indicating a bearish trend. The MACD of -2.03 indicates Negative momentum. The RSI at 35.08 is Neutral, neither overbought nor oversold. The STOCH value of 36.20 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for CXT.
Crane NXT Risk Analysis
Crane NXT disclosed 17 risk factors in its most recent earnings report. Crane NXT reported the most risks in the "Legal & Regulatory" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Crane NXT Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | $4.32B | 21.55 | 21.00% | 1.09% | 8.75% | 64.82% | |
70 Outperform | $4.12B | 29.38 | 11.30% | 1.06% | 5.06% | -22.73% | |
69 Neutral | $3.38B | 33.07 | 11.32% | 0.46% | -0.96% | -11.55% | |
68 Neutral | $3.12B | 308.57 | 7.68% | 0.57% | 18.51% | -28.69% | |
66 Neutral | $4.34B | 118.57 | 11.59% | 0.26% | 14.87% | 15.63% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
56 Neutral | $2.31B | 18.62 | 12.21% | 1.42% | 9.30% | -12.55% |
* Industrials Sector Average
CXT
Crane NXT
40.19
-3.38
-7.75%
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SXI
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257.70
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CSW
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263.21
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0.06%
Crane NXT Corporate Events
Executive/Board Changes
Crane NXT Adds Veteran Technology Leader to Board
Positive
Mar 12, 2026
On March 9, 2026, Crane NXT’s Board of Directors appointed veteran technology executive Jeffrey Benck as a director, effective immediately, with his term running until the next Annual Meeting, where he has been nominated for election. Benck,...
Business Operations and StrategyFinancial Disclosures
Crane NXT Hosts Investor Day, Updates Strategic Outlook
Positive
Feb 25, 2026
On February 25, 2026, Crane NXT, Co. held an Investor Day featuring formal presentations from its management team, starting at 8:30 a.m. Eastern Time and webcast until approximately noon, with a replay available for one year. In conjunction with t...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.