Brokers Issue Forecasts for Curtiss-Wright FY2024 Earnings

Curtiss-Wright Co. (NYSE:CW – Free Report) – Investment analysts at Zacks Research upped their FY2024 earnings estimates for shares of Curtiss-Wright in a research note issued on Wednesday, November 20th. Zacks Research analyst R. Department now anticipates that the aerospace company will post earnings of $10.67 per share for the year, up from their prior [...]

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Curtiss-Wright Co. ( NYSE:CW – Free Report ) – Investment analysts at Zacks Research upped their FY2024 earnings estimates for shares of Curtiss-Wright in a research note issued on Wednesday, November 20th. Zacks Research analyst R.

Department now anticipates that the aerospace company will post earnings of $10.67 per share for the year, up from their prior estimate of $10.55.



The consensus estimate for Curtiss-Wright’s current full-year earnings is $10.71 per share. Zacks Research also issued estimates for Curtiss-Wright’s Q1 2025 earnings at $2.

38 EPS, Q2 2025 earnings at $2.68 EPS, FY2025 earnings at $11.42 EPS, Q1 2026 earnings at $2.

77 EPS, Q2 2026 earnings at $2.87 EPS and FY2026 earnings at $12.55 EPS.

A number of other equities research analysts have also issued reports on CW. Alembic Global Advisors initiated coverage on shares of Curtiss-Wright in a report on Tuesday, October 29th. They issued an “overweight” rating and a $412.

00 price target on the stock. StockNews.com cut Curtiss-Wright from a “strong-buy” rating to a “buy” rating in a research note on Monday, September 23rd.

Truist Financial upped their price target on Curtiss-Wright from $304.00 to $333.00 and gave the company a “hold” rating in a research report on Friday, November 1st.

Stifel Nicolaus lowered Curtiss-Wright from a “buy” rating to a “hold” rating and set a $370.00 price objective on the stock. in a research report on Monday, November 18th.

Finally, Morgan Stanley upped their target price on Curtiss-Wright from $334.00 to $395.00 and gave the company an “overweight” rating in a report on Tuesday, November 5th.

Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, Curtiss-Wright presently has a consensus rating of “Moderate Buy” and a consensus target price of $364.40.

Curtiss-Wright Stock Up 0.9 % Shares of NYSE:CW opened at $370.82 on Friday.

The stock has a market capitalization of $14.07 billion, a P/E ratio of 35.08 and a beta of 1.

17. The stock’s 50-day moving average price is $348.89 and its 200-day moving average price is $307.

05. The company has a current ratio of 1.98, a quick ratio of 1.

39 and a debt-to-equity ratio of 0.39. Curtiss-Wright has a 12-month low of $209.

01 and a 12-month high of $393.40. Curtiss-Wright Announces Dividend The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 3rd.

Stockholders of record on Friday, November 22nd will be issued a dividend of $0.21 per share. This represents a $0.

84 dividend on an annualized basis and a dividend yield of 0.23%. The ex-dividend date is Friday, November 22nd.

Curtiss-Wright’s payout ratio is presently 7.95%. Insider Activity In related news, VP John C.

Watts sold 412 shares of the company’s stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of $359.55, for a total transaction of $148,134.

60. Following the completion of the sale, the vice president now owns 4,183 shares in the company, valued at approximately $1,503,997.65.

This represents a 8.97 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website .

Insiders own 0.67% of the company’s stock. Institutional Inflows and Outflows Several institutional investors have recently added to or reduced their stakes in CW.

Tsfg LLC lifted its position in shares of Curtiss-Wright by 191.4% during the 3rd quarter. Tsfg LLC now owns 102 shares of the aerospace company’s stock valued at $34,000 after buying an additional 67 shares in the last quarter.

Versant Capital Management Inc lifted its holdings in Curtiss-Wright by 5,050.0% during the second quarter. Versant Capital Management Inc now owns 103 shares of the aerospace company’s stock valued at $28,000 after purchasing an additional 101 shares in the last quarter.

UMB Bank n.a. boosted its position in shares of Curtiss-Wright by 303.

8% in the third quarter. UMB Bank n.a.

now owns 105 shares of the aerospace company’s stock worth $35,000 after purchasing an additional 79 shares during the period. GPS Wealth Strategies Group LLC purchased a new stake in shares of Curtiss-Wright in the second quarter worth $30,000. Finally, EverSource Wealth Advisors LLC raised its position in shares of Curtiss-Wright by 1,933.

3% during the 1st quarter. EverSource Wealth Advisors LLC now owns 122 shares of the aerospace company’s stock valued at $31,000 after purchasing an additional 116 shares during the period. 82.

71% of the stock is currently owned by institutional investors. Curtiss-Wright Company Profile ( Get Free Report ) Curtiss-Wright Corporation, together with its subsidiaries, provides engineered products, solutions, and services mainly to aerospace and defense, commercial power, process, and industrial markets worldwide. It operates through three segments: Aerospace & Industrial, Defense Electronics, and Naval & Power.

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