Crane NXT Co’s Market Journey: Closing Weak at 55.40, Down -7.11

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The closing price of Crane NXT Co (NYSE: CXT) was $55.40 for the day, down -7.11% from the previous closing price of $59.64. In other words, the price has decreased by -$7.11 from its previous closing price. On the day, 0.83 million shares were traded. CXT stock price reached its highest trading level at $59.61 during the session, while it also had its lowest trading level at $55.04.

Ratios:

Our analysis of CXT’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 17.89 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.16. For the most recent quarter (mrq), Quick Ratio is recorded 0.87 and its Current Ratio is at 1.20. In the meantime, Its Debt-to-Equity ratio is 0.88 whereas as Long-Term Debt/Eq ratio is at 0.65.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Northland Capital on April 08, 2024, initiated with a Outperform rating and assigned the stock a target price of $91.

On August 29, 2023, UBS started tracking the stock assigning a Neutral rating and target price of $65.

On June 13, 2023, Oppenheimer started tracking the stock assigning a Outperform rating and target price of $70.Oppenheimer initiated its Outperform rating on June 13, 2023, with a $70 target price.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Aug 23 ’24 when Gallo Kurt F. sold 30,299 shares for $58.21 per share. The transaction valued at 1,763,705 led to the insider holds 0 shares of the business.

Gallo Kurt F. sold 2,413 shares of CXT for $139,978 on Aug 22 ’24. The Senior Vice President now owns 0 shares after completing the transaction at $58.01 per share. On Aug 21 ’24, another insider, Gallo Kurt F., who serves as the Senior Vice President of the company, sold 207 shares for $58.00 each. As a result, the insider received 12,006 and left with 0 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CXT now has a Market Capitalization of 3165389824 and an Enterprise Value of 3856890112. As of this moment, Crane’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.66, and their Forward P/E ratio for the next fiscal year is 12.45. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.39. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.27 while its Price-to-Book (P/B) ratio in mrq is 3.20. Its current Enterprise Value per Revenue stands at 2.767 whereas that against EBITDA is 11.32.

Stock Price History:

Over the past 52 weeks, CXT has reached a high of $64.80, while it has fallen to a 52-week low of $48.42. The 50-Day Moving Average of the stock is -5.08%, while the 200-Day Moving Average is calculated to be -6.21%.

Shares Statistics:

CXT traded an average of 373.26K shares per day over the past three months and 593740 shares per day over the past ten days. A total of 56.90M shares are outstanding, with a floating share count of 48.84M. Insiders hold about 14.53% of the company’s shares, while institutions hold 85.11% stake in the company. Shares short for CXT as of 1724976000 were 4919776 with a Short Ratio of 11.81, compared to 1722384000 on 4208945. Therefore, it implies a Short% of Shares Outstanding of 4919776 and a Short% of Float of 12.060001.

Dividends & Splits

With its trailing 12-month dividend rate of 0.6, CXT has a forward annual dividend rate of 0.62. Against a Trailing Annual Dividend Yield of 0.0100603625

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