2 weeks Ago By ABMN Staff
Curtiss-Wright Co. ( NYSE:CW – Free Report ) – Stock analysts at Zacks Research reduced their Q3 2024 earnings per share estimates for shares of Curtiss-Wright in a report issued on Wednesday, August 28th. Zacks Research analyst R.
Department now anticipates that the aerospace company will post earnings of $2.68 per share for the quarter, down from their previous estimate of $2.71.
The consensus estimate for Curtiss-Wright’s current full-year earnings is $10.25 per share. Zacks Research also issued estimates for Curtiss-Wright’s Q4 2024 earnings at $3.
14 EPS, FY2024 earnings at $10.49 EPS, Q1 2025 earnings at $2.33 EPS, Q2 2025 earnings at $2.
60 EPS, Q3 2025 earnings at $2.82 EPS, FY2025 earnings at $11.22 EPS, Q2 2026 earnings at $2.
82 EPS and FY2026 earnings at $12.28 EPS. Several other research firms have also recently issued reports on CW.
Robert W. Baird boosted their target price on Curtiss-Wright from $300.00 to $312.
00 and gave the stock an “outperform” rating in a research report on Friday, August 9th. StockNews.com cut Curtiss-Wright from a “strong-buy” rating to a “buy” rating in a research report on Sunday, August 25th.
Morgan Stanley boosted their price target on Curtiss-Wright from $284.00 to $330.00 and gave the stock an “overweight” rating in a research note on Thursday, May 23rd.
Stifel Nicolaus boosted their price target on Curtiss-Wright from $310.00 to $318.00 and gave the stock a “buy” rating in a research note on Thursday, July 18th.
Finally, Truist Financial boosted their price target on Curtiss-Wright from $252.00 to $270.00 and gave the stock a “hold” rating in a research note on Wednesday, May 22nd.
One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, Curtiss-Wright currently has a consensus rating of “Moderate Buy” and an average price target of $307.50.
Curtiss-Wright Stock Performance Shares of CW stock opened at $314.26 on Friday. The company has a quick ratio of 1.
38, a current ratio of 2.02 and a debt-to-equity ratio of 0.40.
The stock’s 50-day moving average price is $285.49 and its 200 day moving average price is $267.14.
Curtiss-Wright has a 52-week low of $190.64 and a 52-week high of $318.20.
The stock has a market capitalization of $12.04 billion, a PE ratio of 32.36 and a beta of 1.
18. Curtiss-Wright ( NYSE:CW – Get Free Report ) last issued its quarterly earnings results on Wednesday, August 7th. The aerospace company reported $2.
67 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.24 by $0.43.
The firm had revenue of $785.00 million for the quarter, compared to analysts’ expectations of $735.82 million.
Curtiss-Wright had a return on equity of 16.79% and a net margin of 12.78%.
The firm’s revenue for the quarter was up 11.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.
15 EPS. Institutional Trading of Curtiss-Wright Large investors have recently added to or reduced their stakes in the stock. Versant Capital Management Inc increased its holdings in Curtiss-Wright by 5,050.
0% in the 2nd 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. GPS Wealth Strategies Group LLC acquired a new stake in shares of Curtiss-Wright during the second quarter valued at about $30,000.
EverSource Wealth Advisors LLC grew its stake in shares of Curtiss-Wright by 1,933.3% during the first quarter. EverSource Wealth Advisors LLC now owns 122 shares of the aerospace company’s stock valued at $31,000 after acquiring an additional 116 shares in the last quarter.
Creekmur Asset Management LLC bought a new position in shares of Curtiss-Wright during the fourth quarter worth about $32,000. Finally, Sachetta LLC bought a new position in shares of Curtiss-Wright during the fourth quarter worth about $45,000. 82.
71% of the stock is currently owned by institutional investors and hedge funds. Insiders Place Their Bets In other Curtiss-Wright news, COO Kevin Rayment sold 8,415 shares of the stock in a transaction on Monday, June 3rd. The stock was sold at an average price of $281.
67, for a total transaction of $2,370,253.05. Following the transaction, the chief operating officer now owns 19,914 shares of the company’s stock, valued at approximately $5,609,176.
38. The sale was disclosed in a filing with the SEC, which is available at the SEC website . In other news, Director Glenda J.
Minor sold 500 shares of the company’s stock in a transaction on Friday, August 16th. The stock was sold at an average price of $302.80, for a total transaction of $151,400.
00. Following the completion of the sale, the director now directly owns 1,382 shares in the company, valued at approximately $418,469.60.
The transaction was disclosed in a legal filing with the SEC, which is available at this link . Also, COO Kevin Rayment sold 8,415 shares of the company’s stock in a transaction on Monday, June 3rd. The stock was sold at an average price of $281.
67, for a total value of $2,370,253.05. Following the sale, the chief operating officer now owns 19,914 shares of the company’s stock, valued at $5,609,176.
38. The disclosure for this sale can be found here . Insiders have acquired a total of 120 shares of company stock valued at $27,914 in the last quarter.
0.67% of the stock is currently owned by company insiders. 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. Recommended Stories Receive News & Ratings for Curtiss-Wright Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Curtiss-Wright and related companies with MarketBeat.com's FREE daily email newsletter .
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