Whats in the Offing for Alcoa This Earnings Season?
| CXT Stock | 59.62 0.99 1.69% |
Slightly above 54% of Crane NXT's private investors are presently thinking to get in. The analysis of overall sentiment of trading Crane NXT Co stock suggests that some investors are interested at this time. Crane NXT's investing sentiment can be driven by a variety of factors including economic data, Crane NXT's earnings reports, geopolitical events, and overall market trends.
Crane |
Alcoas first-quarter 2024 results are expected to bear the brunt of decreasing value-add product sales due to overall lower market demand. However, lower raw material and production costs are expected to provide some relief.
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Crane NXT Fundamental Analysis
We analyze Crane NXT's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Crane NXT using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Crane NXT based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Profit Margin
Profit Margin Comparative Analysis
Crane NXT is currently under evaluation in profit margin category among its peers. Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
Crane NXT Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Crane NXT stock to make a market-neutral strategy. Peer analysis of Crane NXT could also be used in its relative valuation, which is a method of valuing Crane NXT by comparing valuation metrics with similar companies.
Peers
Crane NXT Related Equities
| THR | Thermon Group | 2.84 | ||||
| CR | Crane | 2.74 | ||||
| KAI | Kadant | 1.44 | ||||
| DCI | Donaldson | 1.44 | ||||
| EPAC | Enerpac Tool | 1.39 | ||||
| TNC | Tennant | 1.39 | ||||
| NPO | Enpro Industries | 1.02 | ||||
| ITT | ITT | 0.68 | ||||
| GGG | Graco | 0.68 | ||||
| LXFR | Luxfer Holdings | 0.61 | ||||
| FELE | Franklin Electric | 0.54 | ||||
| IEX | IDEX | 0.47 | ||||
| GRC | Gorman Rupp | 0.32 | ||||
| TAYD | Taylor Devices | 14.73 |
Additional Tools for Crane Stock Analysis
When running Crane NXT's price analysis, check to measure Crane NXT's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Crane NXT is operating at the current time. Most of Crane NXT's value examination focuses on studying past and present price action to predict the probability of Crane NXT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Crane NXT's price. Additionally, you may evaluate how the addition of Crane NXT to your portfolios can decrease your overall portfolio volatility.