Circor International Inc. Sets New 1-Year High at $63.78 (CIR)
Circor International (NYSE:CIR) set a new 52-week high on Friday, American Banking and Market News reports. The company traded as high as $63.78 and last traded at $63.61, with a volume of 15,762 shares. The stock had previously closed at $62.45.
A number of research firms have recently commented on CIR. Analysts at Zacks downgraded shares of Circor International from an “outperform” rating to a “neutral” rating in a research note to investors on Tuesday. They now have a $65.30 price target on the stock. Separately, analysts at Stifel Nicolaus raised their price target on shares of Circor International from $65.00 to $75.00 in a research note to investors on Wednesday, September 18th. They now have a “buy” rating on the stock. Four analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $61.83.
Circor International has a 52 week low of $32.78 and a 52 week high of $63.78. The stock’s 50-day moving average is $60.99 and its 200-day moving average is $53.10. The company has a market cap of $1.115 billion and a P/E ratio of 34.66.
Circor International (NYSE:CIR) last issued its quarterly earnings data on Thursday, August 1st. The company reported $0.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.13. The company had revenue of $223.60 million for the quarter, compared to the consensus estimate of $218.42 million. During the same quarter last year, the company posted $0.64 earnings per share. Circor International’s revenue was up 1.7% compared to the same quarter last year. On average, analysts predict that Circor International will post $2.90 earnings per share for the current fiscal year.
CIRCOR International, Inc designs , manufactures and markets valves and other engineered products and sub-systems used in the energy, aerospace, power generation and other industrial markets.
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