Critical Insights From Crane NXT Analyst Ratings: What You Need To Know
Providing a diverse range of perspectives from bullish to bearish, 4 analysts have published ratings on Crane NXT (NYSE:CXT) in the last three months.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 4 | 0 | 0 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 2 | 0 | 0 | 0 | 0 |
| 2M Ago | 1 | 0 | 0 | 0 | 0 |
| 3M Ago | 0 | 0 | 0 | 0 | 0 |
Analysts have recently evaluated Crane NXT and provided 12-month price targets. The average target is $85.0, accompanied by a high estimate of $100.00 and a low estimate of $80.00. This current average reflects an increase of 8.52% from the previous average price target of $78.33.
Decoding Analyst Ratings: A Detailed Look
A clear picture of Crane NXT's perception among financial experts is painted 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 |
|---|---|---|---|---|---|
| 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: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Crane NXT. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Crane NXT compared to the broader market.
- Price Targets: Delving into movements, analysts provide estimates for the future value of Crane NXT's stock. This analysis reveals shifts in analysts' expectations over time.
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Crane NXT's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
Stay up to date on Crane NXT analyst ratings.
About Crane NXT
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.
Crane NXT: A Financial Overview
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Growth: Over the 3 months period, Crane NXT showcased positive performance, achieving a revenue growth rate of 5.53% as of 31 December, 2023. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Information Technology sector.
Net Margin: Crane NXT's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 13.87% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Crane NXT's ROE stands out, surpassing industry averages. With an impressive ROE of 5.39%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Crane NXT's 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 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.
Analyst Ratings: What Are They?
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
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.