News headlines about CIRCOR International (NYSE:CIR) have trended somewhat positive recently, according to Alpha One. Alpha One, a service of Accern, rates the sentiment of press coverage by analyzing more than twenty million blog and news sources. Alpha One ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. CIRCOR International earned a daily sentiment score of 0.03 on Alpha One’s scale. Alpha One also assigned media stories about the industrial products company an impact score of 94 out of 100, indicating that recent press coverage is extremely likely to have an effect on the company’s share price in the near future.
CIRCOR International (NYSE CIR) traded down 0.21% during trading on Friday, hitting $65.78. 113,519 shares of the company’s stock traded hands. CIRCOR International has a 12-month low of $48.11 and a 12-month high of $72.96. The firm’s 50-day moving average price is $64.69 and its 200 day moving average price is $62.86. The stock has a market cap of $1.08 billion, a P/E ratio of 98.33 and a beta of 1.68.
CIRCOR International (NYSE:CIR) last announced its quarterly earnings data on Friday, April 28th. The industrial products company reported $0.32 EPS for the quarter, missing the Zacks’ consensus estimate of $0.35 by $0.03. CIRCOR International had a net margin of 1.88% and a return on equity of 7.21%. The company had revenue of $145.20 million for the quarter, compared to analysts’ expectations of $146.29 million. During the same period in the previous year, the firm posted $0.52 earnings per share. The business’s revenue for the quarter was down 3.7% on a year-over-year basis. Analysts anticipate that CIRCOR International will post $2.09 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Thursday, June 8th. Shareholders of record on Thursday, May 25th were paid a $0.038 dividend. This represents a $0.15 dividend on an annualized basis and a yield of 0.23%. The ex-dividend date was Tuesday, May 23rd. CIRCOR International’s dividend payout ratio (DPR) is presently 22.39%.
Several analysts have recently commented on CIR shares. Zacks Investment Research raised shares of CIRCOR International from a “sell” rating to a “hold” rating in a research report on Monday, February 27th. ValuEngine raised CIRCOR International from a “sell” rating to a “hold” rating in a research report on Friday, June 2nd. Finally, Stifel Nicolaus lowered CIRCOR International from a “buy” rating to a “hold” rating and boosted their target price for the company from $69.00 to $74.00 in a research report on Friday, February 17th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $64.25.
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About CIRCOR International
CIRCOR International, Inc (CIRCOR) designs, manufactures and markets engineered products and sub-systems for markets, including oil and gas, aerospace, power and process, and industrial solutions. The Company operates through two segments: CIRCOR Energy (Energy segment (Energy)) and CIRCOR Advanced Flow Solutions (Advanced Flow Solutions segment (AFS)).
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