Crane NXT Stock Price Expected to Rise, Robert W. Baird Analyst Says

CXT Stock   59.84  0.94  1.55%   
Slightly above 61% of Crane NXT's investor base is looking to short. The analysis of overall sentiment of trading Crane NXT Co stock suggests that many investors are alarmed 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 NXT had its price objective boosted by Robert W. Baird from 77.00 to 78.00 in a note issued to investors on Friday,Benzinga reports. The brokerage currently has an outperform rating on the stock. Robert W. Bairds price objective would indicate a potential upside of 37.03 percent from the companys previous

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Crane NXT Current Investor Sentiment

Panic Vs Confidence

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Panic
 
Confidence
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Crane NXT's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Crane NXT Co.

Crane NXT Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards Crane NXT can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

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.

Book Value Per Share

Book Value Per Share Comparative Analysis

Crane NXT is currently under evaluation in book value per share category among its peers. Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.

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

EPACEnerpac Tool   0.66   
0%
20.0%
TNCTennant   0.08   
2.0%
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THRThermon Group   0.09   
2.0%
0%
LXFRLuxfer Holdings   0.44   
13.0%
0%
DCIDonaldson   0.69   
21.0%
0%
CRCrane   0.70   
22.0%
0%
NPOEnpro Industries   0.76   
23.0%
0%
FELEFranklin Electric   0.77   
24.0%
0%
GGGGraco   0.81   
25.0%
0%
IEXIDEX   0.88   
27.0%
0%
ITTITT   0.97   
30.0%
0%
TAYDTaylor Devices   1.53   
48.0%
0%
GRCGorman Rupp   1.93   
60.0%
0%
KAIKadant   3.18   
100.0%
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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.