Crane NXT, Co. Reports Third Quarter 2024 Results
| CXT Stock | 63.72 0.29 0.46% |
Slightly above 55% of Crane NXT's investor base is interested to short. The analysis of overall sentiment of trading Crane NXT Co stock suggests that many investors are impartial 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 |
Delivers sales growth of 14 core sales growth increases 5 percent Narrows full year Adjusted EPS guidance to 4.22 to 4.30 WALTHAM, Mass., Nov. 06, 2024 -- Crane NXT, Co. , a premier industrial technology company, today announced its financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Highlights Signed agreement to acquire De La Rue Authentication Solutions, with anticipated closing in the first half of 2025.
Read at finance.yahoo.com
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Crane NXT Current Investor Sentiment
Panic Vs Confidence
45
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.
News SentimentBullish | Hype SentimentNeutral | Insider SentimentDisposing |
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 Historical Investor Sentiment
Investor biases related to Crane NXT's public news can be used to forecast risks associated with an investment in Crane. The trend in average sentiment can be used to explain how an investor holding Crane can time the market purely based on public headlines and social activities around Crane NXT Co. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Crane NXT's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Crane NXT and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Crane NXT news discussions. The higher the estimate score, the more favorable the investor's outlook on Crane NXT.
Crane NXT Maximum Pain Price Across March 21st 2025 Option Contracts
Crane NXT's options can also be used to analyze investors' bias and current market sentiment in the context of behavioral finance. For example, Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of Crane NXT close to the expiration of its current option contract to expire worthlessly. According to most research, about 35% of options are not executed, with roughly 50% traded out before expiration. So, Max pain occurs when market makers reach a net favorable position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthlessly. Please continue to view the detailed analysis of Crane NXT's options.
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.
Probability Of Bankruptcy
Probability Of Bankruptcy Comparative Analysis
Crane NXT is currently under evaluation in probability of bankruptcy category among its peers. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
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
| LXFR | Luxfer Holdings | 2.62 | ||||
| EPAC | Enerpac Tool | 1.91 | ||||
| TNC | Tennant | 0.77 | ||||
| FELE | Franklin Electric | 0.76 | ||||
| THR | Thermon Group | 0.58 | ||||
| GRC | Gorman Rupp | 0.56 | ||||
| GGG | Graco | 0.46 | ||||
| CR | Crane | 0.35 | ||||
| KAI | Kadant | 0.00 | ||||
| NPO | Enpro Industries | 0.00 | ||||
| DCI | Donaldson | 0.00 | ||||
| ITT | ITT | 0.00 | ||||
| IEX | IDEX | 0.41 | ||||
| TAYD | Taylor Devices | 1.31 |
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.