Robert W. Baird initiated coverage on Crane NXT with a new price target
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Robert W. Baird initiated coverage of Crane NXT with a rating of Outperform and set a new price target of $77.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/17/2024 | $77.00 | Outperform | Robert W. Baird |
| 4/8/2024 | $91.00 | Outperform | Northland Capital |
| 8/29/2023 | $65.00 | Neutral | UBS |
| 6/13/2023 | $70.00 | Outperform | Oppenheimer |
WALTHAM, Mass., Oct. 14, 2024 (GLOBE NEWSWIRE) -- Crane NXT, Co. (NYSE:CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, today announced it has appointed Dr. Aleta Richards as President of its Crane Currency business, effective October 14, 2024. In this role, Dr. Richards will partner with the Crane Currency leadership team to execute the growth strategy, accelerate innovation, and leverage the Crane Business System to drive continuous improvement as a leading integrated supplier of secure, well-designed banknotes, counterfeit resistant security technology and durable banknote paper. Dr. Richards will report directly to Sam Keayes, Senior Vice President, Securit
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. In this role, Mr. Mahan will be responsible for driving the CPI growth strategy, accelerating innovation, and leveraging the Crane Business System to drive continuous improvement and operational excellence to deliver solutions that meet customers' needs now and into the future. Mr. Mahan will report directly to Aaron W. Saak, President and CEO, Crane NXT. Mr. Saak stated, "Michael brings a wealth of experience
WALTHAM, Mass., April 02, 2024 (GLOBE NEWSWIRE) -- Crane NXT, Co. (NYSE:CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, today announced that its Board of Directors has appointed Sandra Joyce as a Director of Crane NXT. Ms. Joyce brings over two decades of experience in cybersecurity and national security working with both government entities and in the private sector to advise leaders and boards on global business threats. She is currently Vice President at Google Cloud and Head of Mandiant Intelligence at Google, where she leads Mandiant's Global Threat Intelligence Business. She joined Google with its acquisition of Mandiant (formerly FireEye, Inc.) in 2022
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SC 13G - Crane NXT, Co. (0000025445) (Subject)
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8-K - Crane NXT, Co. (0000025445) (Filer)
10-Q - Crane NXT, Co. (0000025445) (Filer)
8-K - Crane NXT, Co. (0000025445) (Filer)
Robert W. Baird initiated coverage of Crane NXT with a rating of Outperform and set a new price target of $77.00
Northland Capital initiated coverage of Crane NXT with a rating of Outperform and set a new price target of $91.00
UBS initiated coverage of Crane NXT with a rating of Neutral and set a new price target of $65.00
Delivers sales growth of 14%; core sales growth increases 5% Narrows full year Adjusted EPS guidance to $4.22 to $4.30 WALTHAM, Mass., Nov. 06, 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 third quarter ended September 30, 2024. Third Quarter 2024 Highlights Signed agreement to acquire De La Rue Authentication Solutions, with anticipated closing in the first half of 2025.Acquired the Smart Packaging assets of Tru Tag Technologies.GAAP earnings per diluted share (EPS) of $0.81, and Adjusted EPS of $1.16.Sales of $403 million, up 14.3% year-over-year, with 4.7% cor
WALTHAM, Mass., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Crane NXT, Co. (NYSE:CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, today announced that it has completed the acquisition of the Smart Packaging assets of TruTag Technologies. TruTag provides secure digitization of physical products through proprietary secure marking and smartphone authentication. "The addition of this technology to Crane NXT's product portfolio is an exciting expansion of our capabilities and further enhances our ability to provide differentiated and innovative technology solutions to our customers," Aaron W. Saak, Crane NXT's President and Chief Executive Officer, said. "TruTag's Smart Pack
WALTHAM, Mass., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Crane NXT, Co. (NYSE:CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, today announced it has signed a definitive agreement with De La Rue plc to acquire its authentication business for 300 million British pounds in cash, subject to customary adjustments. De La Rue Authentication Solutions is a global leader in security and authentication technologies. The acquisition complements the authentication and online brand protection solutions of OpSec and expands Crane NXT's portfolio to include security technologies for the identification documents and credentials market. Aaron W. Saak, Crane NXT's President
4 - Crane NXT, Co. (0000025445) (Issuer)
4 - Crane NXT, Co. (0000025445) (Issuer)
4 - Crane NXT, Co. (0000025445) (Issuer)
WALTHAM, Mass., Jan. 15, 2025 (GLOBE NEWSWIRE) -- Crane NXT, Co. (NYSE:CXT), a premier industrial technology company, today announced its schedule for the company's fourth quarter and full year 2024 results. Earnings Release: Wednesday, February 12, 2025, after close of market by public distribution. To access the earnings release, please visit the Investors section of Crane NXT's website at www.cranenxt.com. Earnings Call: Thursday, February 13, 2025, at 10:00 a.m. Eastern Time. To access the webcast, please visit the Investors section of Crane NXT's website at www.cranenxt.com. The archived webcast will be available on the company's website. About Crane NXT, Co. Crane NXT is a premi
WALTHAM, Mass., Jan. 07, 2025 (GLOBE NEWSWIRE) -- Crane NXT, Co. (NYSE:CXT), a premier industrial technology company, announced that Aaron Saak, President and Chief Executive Officer, and Christina Cristiano, Senior Vice President and Chief Financial Officer, will participate in a fireside chat at the CJS Securities 25th Annual New Ideas for the New Year Conference on Tuesday, January 14, 2025 at 8:00 a.m. ET. The event is being held virtually and a live webcast of the fireside chat will be available on Crane NXT's investor relations website. A replay of the webcast will be available for 1 year following the conference. About Crane NXT, Co. Crane NXT is a premier industrial technology c
Delivers sales growth of 14%; core sales growth increases 5% Narrows full year Adjusted EPS guidance to $4.22 to $4.30 WALTHAM, Mass., Nov. 06, 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 third quarter ended September 30, 2024. Third Quarter 2024 Highlights Signed agreement to acquire De La Rue Authentication Solutions, with anticipated closing in the first half of 2025.Acquired the Smart Packaging assets of Tru Tag Technologies.GAAP earnings per diluted share (EPS) of $0.81, and Adjusted EPS of $1.16.Sales of $403 million, up 14.3% year-over-year, with 4.7% cor