Crane NXT, Co. Common Stock (CXT)

Looking back on specialized technology stocks’ Q4 earnings, we examine this quarter’s best and worst performers, including Crane NXT (NYSE:CXT) and its peers.

The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how PAR Technology (NYSE:PAR) and the rest of the specialized technology stocks fared in Q4.

Value investing has created more billionaires than any other strategy, like Warren Buffett, who built his fortune by purchasing wonderful businesses at reasonable prices. But these hidden gems are few and far between - many stocks that appear cheap often stay that way because they face structural issues.

Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Cognex (NASDAQ:CGNX) and the best and worst performers in the specialized technology industry.

As the Q4 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the specialized technology industry, including OSI Systems (NASDAQ:OSIS) and its peers.

Delivers full year Sales growth of 7%, GAAP EPS of $3.19 and Adjusted EPS of $4.26

Crane Company stock is flying high but can continue to increase because of growth, improving earnings quality, and analysts' sentiment trends.

WALTHAM, Mass., Jan. 15, 2025 (GLOBE NEWSWIRE) -- Crane NXT, Co. (NYSE: CXT), a premier industrial technology company, today announced its schedule for the company’s fourth quarter and full year 2024 results.

WALTHAM, Mass., Jan. 07, 2025 (GLOBE NEWSWIRE) -- Crane NXT, Co. (NYSE: CXT), a premier industrial technology company, announced that Aaron Saak, President and Chief Executive Officer, and Christina Cristiano, Senior Vice President and Chief Financial Officer, will participate in a fireside chat at the CJS Securities 25th Annual New Ideas for the New Year Conference on Tuesday, January 14, 2025 at 8:00 a.m. ET.

We are looking for value in Information Technology companies because we are still in a strong bull market.

Delivers sales growth of 14%; core sales growth increases 5%

WALTHAM, Mass., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Crane NXT, Co. (NYSE: CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, today announced that it has completed the acquisition of the Smart Packaging assets of TruTag Technologies. TruTag provides secure digitization of physical products through proprietary secure marking and smartphone authentication.

WALTHAM, Mass., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Crane NXT, Co. (NYSE: CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, today announced it has signed a definitive agreement with De La Rue plc to acquire its authentication business for 300 million British pounds in cash, subject to customary adjustments.

WALTHAM, Mass., Oct. 14, 2024 (GLOBE NEWSWIRE) -- Crane NXT, Co. (NYSE: CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, today announced it has appointed Dr. Aleta Richards as President of its Crane Currency business, effective October 14, 2024. In this role, Dr. Richards will partner with the Crane Currency leadership team to execute the growth strategy, accelerate innovation, and leverage the Crane Business System to drive continuous improvement as a leading integrated supplier of secure, well-designed banknotes, counterfeit resistant security technology and durable banknote paper. Dr. Richards will report directly to Sam Keayes, Senior Vice President, Security and Authentication Technologies, Crane NXT. 

WALTHAM, Mass., Oct. 10, 2024 (GLOBE NEWSWIRE) -- Crane NXT, Co. (NYSE: CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, announced today its schedule for the Company’s third quarter 2024 results.

CXT stock results show that Crane NXT beat analyst estimates for earnings per share and beat on revenue for the second quarter of 2024.

Delivers sales growth of 5%; OpSec integration on track

WALTHAM, Mass., July 11, 2024 (GLOBE NEWSWIRE) -- Crane NXT, Co. (NYSE: CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, announces its schedule for second quarter 2024 results.

These three top record-breaking stocks have more upside ahead, driven by analysts' Strong Buy recommendations.

WALTHAM, Mass., June 20, 2024 (GLOBE NEWSWIRE) -- Crane NXT, Co. (NYSE: CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, today announced it has appointed Michael Mahan as President of its Crane Payment Innovations (CPI) business, effective July 8, 2024. In this role, Mr. Mahan will be responsible for driving the CPI growth strategy, accelerating innovation, and leveraging the Crane Business System to drive continuous improvement and operational excellence to deliver solutions that meet customers' needs now and into the future. Mr. Mahan will report directly to Aaron W. Saak, President and CEO, Crane NXT.

CXT stock results show that Crane NXT beat analyst estimates for earnings per share and beat on revenue for the first quarter of 2024.

Completes Acquisition of OpSec Security, a Global Leader in Brand Protection and Authentication Solutions

Creates New Security and Authentication Technologies Segment, Consisting of Crane Currency and OpSec Security