Crane NXT Q2 Adjusted EPS beats estimates, raises outlook
CXT•Analyst coverage
The current average analyst rating on the shares is buy, with 6 strong buy or buy ratings, 1 hold, and no sell or strong sell ratings.
The median 12-month price target is $65.44, about 19.7% above the August 4 closing price of $54.68.
The stock recently traded at 12 times next-12-month earnings, versus a P/E of 10 three months ago.
Drivers of the quarter
The company said results were supported by continued strong demand in its Currency business, cost-saving actions in the Crane Authentication segment, and sales benefits from acquisitions, including the integration of Antares Vision.
Full-year outlook raised
Crane NXT raised its full-year 2026 adjusted EPS guidance to $4.22-$4.42 from $4.10-$4.40.
The company maintained its full-year sales growth guidance at and said it expects an adjusted EBITDA margin of about for full-year 2026.
