Want to see CXT full AI Analyst Report?
Top Page
Crane NXT
(NYSE:CXT)
Select Model
Select Model
Rating:68Neutral
Price Target:
$57.00
â–²(7.83% Upside)
Action:Reiterated
Date:08/06/26
CXT scores 68 primarily due to solid but uneven financial performance (positive, consistent free cash flow and steady revenue growth offset by a TTM margin reset and rising leverage). Technicals are supportive with price above key moving averages and positive MACD, while valuation is a modest headwind given a ~23 P/E and ~1.35% yield. The latest earnings call improves the outlook via raised EPS guidance, strong backlog visibility, and strong cash conversion, tempered by CPI softness, integration/margin ramp at Antares, and near-term elevated leverage.
Positive Factors
Consistent Free Cash Flow
Crane NXT generates consistently positive free cash flow (~$200M TTM) with strong conversion (Q2 conversion ~124% and management targets 90–110%). Durable FCF underpins debt reduction, disciplined capital allocation, and reinvestment in product and service programs over the next 2–6 months.
Negative Factors
Elevated Leverage
Debt increased materially versus 2023–2025, with TTM debt near $1.47B and net leverage ~2.7x. Higher leverage reduces financial flexibility, raises interest and refinancing risk, and makes deleveraging dependent on sustained high free cash flow execution to hit the company's targeted ~2.3x year‑end leverage.
Read all positive and negative factors
Positive Factors
Negative Factors
Consistent Free Cash Flow
Crane NXT generates consistently positive free cash flow (~$200M TTM) with strong conversion (Q2 conversion ~124% and management targets 90–110%). Durable FCF underpins debt reduction, disciplined capital allocation, and reinvestment in product and service programs over the next 2–6 months.
Read all positive factors
Crane NXT Key Performance Indicators (KPIs)
Any
Operating Income by Segment
Shows profit generated by each business unit after operating costs, revealing which parts of Crane NXT are most profitable and where margins are under pressure. Useful for spotting which segments drive cash flow, where management should focus investment or cuts, and how changes in demand or cost structure could affect overall profitability.
Shows profit generated by each business unit after operating costs, revealing which parts of Crane NXT are most profitable and where margins are under pressure. Useful for spotting which segments drive cash flow, where management should focus investment or cuts, and how changes in demand or cost structure could affect overall profitability.
Data provided by:
The Fly
The FlyCrane NXT (CXT) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$2.96B
Dividend Yield1.37%
Average Volume (3M)1.03M
Price to Earnings (P/E)21.0
Beta (1Y)1.07
Revenue Growth17.28%
EPS Growth-7.56%
CountryUS
Employees4,800
SectorIndustrials
Sector Strength72
IndustryIndustrial - Machinery
Share Statistics
EPS (TTM)2.44
Shares Outstanding57,561,302
10 Day Avg. Volume567,405
30 Day Avg. Volume1,033,751
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 Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$63.50Price Target Upside20.13% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
EPS Forecast (FY)4.29
Revenue Forecast (FY)$1.92B
Crane NXT Business Overview & Revenue Model
Company Description
Crane NXT, Co. focuses its efforts on developing technologies for payment processing and merchandising. The company supplies integrated electronic hardware and accompanying software solutions. These offerings are underpinned by its deep and propri...
How the Company Makes Money
Crane NXT primarily makes money by selling specialized hardware, embedded technology, and related services used in high-security payment and authentication applications. A major revenue stream comes from currency-related technologies—such as bankn...
Crane NXT Earnings Call Summary
Earnings Call Date:Aug 05, 2026
(Q2-2026)
| % Change Since: |
Next Earnings Date:Nov 11, 2026
Earnings Call Sentiment Positive
The call emphasized strong operational execution, robust top-line growth (22% YoY), meaningful margin expansion, high free cash flow conversion (124%), successful early integration of Antares Vision and record SAT backlog, and an upward revision to full-year EPS guidance. Near-term challenges center on CPI hardware softness, Q3 comparability headwinds in SAT, transitional Antares margins, and a temporarily elevated net leverage of ~2.7x. Overall, positive momentum and visibility from backlog, margin actions, and cash generation outweighed the cyclical and integration-related headwinds.Positive Updates
Strong Top-Line Growth
Second quarter sales of $493 million, an increase of ~22% year over year; organic sales grew ~3% driven by SAT strength and Antares Vision contribution.
Negative Updates
CPI Hardware and Vending Softness
Legacy CPI hardware demand showed softness (notably retail/custom projects taking longer), contributing to CPI headwinds; company expects CPI full-year sales to be slightly down with a mid-single-digit decline in hardware and low single-digit declines expected in near-term periods.
Read all updates
Q2-2026 Updates
Positive
Negative
Strong Top-Line Growth
Second quarter sales of $493 million, an increase of ~22% year over year; organic sales grew ~3% driven by SAT strength and Antares Vision contribution.
Read all positive updates
Company Guidance
Management raised 2026 guidance, increasing full‑year adjusted EPS to $4.22–$4.42 and maintaining total sales growth guidance of 15–17% with an annual adjusted EBITDA margin of ~24%; they now expect SAT sales to grow high‑single‑digit to low‑double‑digit (SAT backlog ≈ $500M), DTT to grow in the low‑20s with Antares Vision contributing ≈ $200–$210M for the year (Antares backlog $125M; DTT backlog $257M) and DTT ending the year at ~27% adjusted EBITDA margin, while CPI is expected to be slightly down for the year (services mid‑single‑digit growth, vending low‑single‑digit growth, hardware mid‑single‑digit decline; CPI backlog ≈ $132M, book‑to‑bill ≈ 1.1x); they lowered forecasted non‑operating expense to ≈ $80M (from $85M), expect Q3 sales to be low‑double‑digit with SAT flat to slightly down and DTT mid‑20s (Antares ≈ $55–$60M in Q3), target full‑year free cash flow conversion of 90–110% (Q2 FCF $79M, conversion ~124%), and plan to reduce net leverage from ~2.7x at quarter end to ~2.3x by year‑end.Crane NXT Financial Statement Overview
Summary
Income Statement
62
Positive
Balance Sheet
58
Neutral
Cash Flow
65
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.80B | 1.66B | 1.49B | 1.39B | 1.34B | 1.35B |
| Gross Profit | 759.30M | 703.80M | 665.10M | 654.10M | 626.20M | 598.90M |
| EBITDA | 291.30M | 347.90M | 361.00M | 368.00M | 383.30M | 365.80M |
| Net Income | 140.30M | 145.10M | 184.10M | 188.30M | 204.90M | 178.00M |
Balance Sheet | ||||||
| Total Assets | 3.60B | 3.12B | 2.39B | 2.13B | 2.13B | 4.49B |
| Cash, Cash Equivalents and Short-Term Investments | 231.40M | 233.80M | 165.80M | 227.20M | 230.70M | 478.60M |
| Total Debt | 1.47B | 1.14B | 813.90M | 694.70M | 881.20M | 944.50M |
| Total Liabilities | 2.31B | 1.86B | 1.32B | 1.17B | 1.35B | 2.65B |
| Stockholders Equity | 1.27B | 1.26B | 1.06B | 964.00M | 783.80M | 1.83B |
Cash Flow | ||||||
| Free Cash Flow | 199.90M | 198.30M | 168.70M | 245.20M | 284.70M | 444.60M |
| Operating Cash Flow | 256.50M | 241.50M | 214.10M | 276.30M | 306.00M | 498.50M |
| Investing Cash Flow | -611.70M | -549.00M | -318.00M | -31.10M | -21.30M | -300.00K |
| Financing Cash Flow | 428.90M | 363.60M | 62.10M | -252.50M | -135.00M | -557.90M |
Crane NXT Technical Analysis
Neutral
52.86
Price Trends
47.92
Positive
45.17
Positive
48.84
Positive
Market Momentum
1.04
Positive
49.39
Neutral
19.07
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CXT, the sentiment is Neutral. The current price of 52.86 is above the 20-day moving average (MA) of 52.45, above the 50-day MA of 47.92, and above the 200-day MA of 48.84, indicating a neutral trend. The MACD of 1.04 indicates Positive momentum. The RSI at 49.39 is Neutral, neither overbought nor oversold. The STOCH value of 19.07 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral 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 |
|---|---|---|---|---|---|---|---|
77 Outperform | $4.07B | 18.34 | 21.21% | 1.10% | 5.88% | 49.15% | |
75 Outperform | $4.75B | 30.80 | 11.59% | 1.03% | 7.38% | -10.43% | |
71 Outperform | $3.94B | 36.38 | 11.44% | 0.45% | 12.50% | 3.37% | |
69 Neutral | $3.98B | 37.73 | 14.35% | 0.43% | 12.85% | 85.73% | |
68 Neutral | $2.96B | 20.98 | 11.28% | 1.32% | 17.28% | -7.56% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
63 Neutral | $5.67B | 47.79 | 11.19% | 0.38% | 27.71% | -12.90% |
* Industrials Sector Average
CXT
Crane NXT
51.18
-8.21
-13.83%
FELE
Franklin Electric Co
107.81
12.49
13.11%
KAI
Kadant
338.33
-0.82
-0.24%
MWA
Mueller Water Products
26.22
-0.42
-1.56%
SXI
Standex International
327.53
131.78
67.32%
CSW
CSW Industrials
351.29
76.17
27.68%
Crane NXT Corporate Events
Executive/Board ChangesShareholder Meetings
Crane NXT Shareholders Back Board, Pay and Auditor
Positive
May 28, 2026
At its 2026 Annual Meeting of Stockholders held on May 21, 2026, Crane NXT shareholders elected nine directors, including Jeff Benck and CEO Aaron W. Saak, to serve on the board until the 2027 annual meeting, signaling continuity in the company...
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.