CXT
Crane NXT, Co.

Crane NXT, Co.CXT

Industrials · Business Equipment & Supplies
57.57USD
-2.90%
Nov 08, 2026
CXT overview ready
Provider of secure authentication and payment automation technologies
Enabler of physical-product authentication, secure currency technology, inspection, detection, serialization, and track-and-trace systems; it is not a pure-play on one end-market because its portfolio also includes payment automation.
Primary theme is improving
Diversified Industrials is improving (+8.5pp vs SPY over 21 sessions; 16 of 24 members ahead of SPY).
Constructive pullback in an uptrend
Longer-term context reads early trend, with a near-term setup of constructive pullback.
Fair valuation
The price broadly reflects how much growth and cash flow it delivers per turn of revenue multiple, with upside and risk reasonably balanced.
Solid fundamentals
Free cash flow yield is strong.
Primary risk
Dependence on regulatory environment for product traceability demand.
Market Nov 6Filing Sep 30Price action Nov 7Research Oct 17

Conviction Level

PriceAction9.1BusinessPerformance4.0BusinessQuality7.4Valuation5.9ThemeMomentum7.0Decelerating — Revenue is still growing (+12% YoY), but growth has slowed, down from +22%. Diluted EPS fell 24% year over year to $0.66. — From filed financial statements. Describes the recent trajectory of the business, not the stock. 20 of the 100 Conviction points.

Conviction uses Price Action, Business Performance, Business Quality, Valuation. Theme Momentum is research context, not an input.

Theme momentumPrimary theme · group context, not entry timing
vs SPY
+8.5pp
Theme return
+3.5%
Beating SPY
16 of 24
21 sessions to Nov 6, 2026 · Theme Leadership V2
Price
Loading price history…

Price Action

Constructive pullback in an uptrend
Longer-term context reads early trend, with a near-term setup of constructive pullback.
EntryBreakout + retest

Price broke through the weekly SMA200, then retested it constructively and recovered — a fresh structural entry rather than a chase.

Key Financials

Market Cap
$3.3B
Avg Volume (60D)
650.5K
60 sessions
Revenue Growth YoY
+11.4%
FY2025 vs FY2024
Gross Margin
+41.2%
Operating Margin
+12.7%
Trailing twelve months
Free Cash Flow Yield
+7.8%
Distance from 200DMA
+20.4%
P/E
25.9x
EV / EBITDA
11.3x
EV / Sales
2.3x
Market metrics as of Nov 6, 2026
Financial results for the period ended Sep 30, 2026
Filed balance-sheet data as of Sep 30, 2026

Business Performance

Decelerating

Revenue is still growing (+12% YoY), but growth has slowed, down from +22%. Diluted EPS fell 24% year over year to $0.66.

Latest reported: Q3 FY2026, ended Sep 30
Revenue growthSlowing
+12%
$497M in Q3 FY2026 · YoY
YoY growth, last 4 quarters
  1. +20%
  2. +17%
  3. +22%
  4. +12%
Earnings growthDeclining
-24%
Diluted EPS $0.66 vs $0.87 a year earlier · GAAP
Diluted EPS YoY (GAAP), last 4 quarters
  1. -17%
  2. -71%
  3. +42%
  4. -24%
Operating marginContracting
13.2%
-5.2 pp YoY

Business Quality

7.4 / 10

How well the business earns on its assets, converts earnings to cash and funds itself — read from its SEC filings.

Fundamentals & Valuation

Two of the three valuation perspectives say fair; intrinsic is the dissenting view.
Crane NXT, Co. has a Fair valuation stance because the price broadly reflects how much growth and cash flow it delivers per turn of revenue multiple, with upside and risk reasonably balanced.

Company Research

Thesis
Enabler of physical-product authentication, secure currency technology, inspection, detection, serialization, and track-and-trace systems; it is not a pure-play on one end-market because its portfolio also includes payment automation. The story is still emerging, so the exposure is real but early.
Opportunity
Moderate opportunity
Investment in inspection, serialization, track-and-trace, authentication, and anti-counterfeit systems used to verify product identity, quality, provenance, and compliance across regulated and high-value supply chains.
Key risk
Dependence on regulatory environment for product traceability demand.

Economic classification

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Business & Markets

Industrials · Business Equipment & Supplies
What they do

Crane NXT, Co. operates as an industrial technology company providing technology solutions to secure, detect, and authenticate important assets through its two segments: Crane Payment Innovations and Security and Authentication Technologies.

How it earns

The company generates revenue primarily through the sale of electronic equipment, software, and automation solutions, including field services and remote diagnostics.

Products & services
Electronic payment equipment and software
Advanced automation and processing systems
Security and authentication technologies
Inspection, serialization, and track-and-trace systems
Customers & end markets
Regulated and high-value supply chains
Businesses requiring secure currency and product authentication
Market position

Niche industrial technology provider with diversified product offerings across payment automation and security authentication.

Demand drivers
Medium cyclicality

Exposure to industrial and regulated markets subjects it to moderate economic cycles and regulatory-driven demand.