News articles about Curtiss-Wright (NYSE:CW) have been trending somewhat positive this week, Accern reports. The research group identifies negative and positive press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Curtiss-Wright earned a news sentiment score of 0.15 on Accern’s scale. Accern also assigned media stories about the aerospace company an impact score of 45.9005637606083 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Curtiss-Wright (CW) traded up $1.80 during trading hours on Friday, hitting $137.26. The stock had a trading volume of 416,754 shares, compared to its average volume of 233,463. The firm has a market capitalization of $5,986.93, a price-to-earnings ratio of 28.54, a P/E/G ratio of 1.89 and a beta of 1.17. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.73 and a current ratio of 2.37. Curtiss-Wright has a 1-year low of $82.77 and a 1-year high of $140.07.
Curtiss-Wright (NYSE:CW) last released its earnings results on Wednesday, February 21st. The aerospace company reported $1.75 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.46 by $0.29. The business had revenue of $611.88 million for the quarter, compared to analyst estimates of $589.22 million. Curtiss-Wright had a return on equity of 15.46% and a net margin of 9.46%. analysts expect that Curtiss-Wright will post 5.8 earnings per share for the current fiscal year.
Several research analysts have commented on the company. Zacks Investment Research raised Curtiss-Wright from a “hold” rating to a “buy” rating and set a $154.00 price target on the stock in a research report on Tuesday, February 27th. Seaport Global Securities reaffirmed a “buy” rating and set a $150.00 price target on shares of Curtiss-Wright in a research report on Monday, February 26th. William Blair reaffirmed a “market perform” rating on shares of Curtiss-Wright in a research report on Thursday, February 22nd. Stifel Nicolaus lifted their price target on Curtiss-Wright from $126.00 to $139.00 and gave the stock a “hold” rating in a research report on Tuesday, January 16th. Finally, Wells Fargo raised Curtiss-Wright from a “market perform” rating to an “outperform” rating and set a $120.00 price target on the stock in a research report on Tuesday, January 16th. Three analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $137.63.
In other news, VP Tom P. Quinly sold 14,500 shares of the business’s stock in a transaction that occurred on Monday, February 26th. The stock was sold at an average price of $137.26, for a total value of $1,990,270.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director S Marce Fuller sold 1,300 shares of the business’s stock in a transaction that occurred on Thursday, February 1st. The shares were sold at an average price of $130.66, for a total value of $169,858.00. Following the completion of the transaction, the director now directly owns 14,234 shares in the company, valued at approximately $1,859,814.44. The disclosure for this sale can be found here. In the last three months, insiders sold 53,854 shares of company stock worth $7,000,065. Corporate insiders own 1.10% of the company’s stock.
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Curtiss-Wright Corporation is a manufacturing and service company that designs, manufactures, and overhauls precision components and provides engineered products and services to the aerospace, defense, power generation and general industrial markets. The Company operates through three segments: Commercial/Industrial, Defense and Power.
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