Curtiss-Wright Corp. Hits New 52-Week High at $64.83 (CW)
Shares of Curtiss-Wright Corp. (NYSE:CW) hit a new 52-week high during trading hours on Monday, Stock Ratings Network.com reports. The company traded as high as $64.83 and last traded at $64.29, with a volume of 140,402 shares trading hands. The stock had previously closed at $64.27.
Several analysts have recently commented on the stock. Analysts at Bank of America Corp. upgraded shares of Curtiss-Wright Corp. from a “neutral” rating to a “buy” rating in a research note to investors on Tuesday, January 7th. They now have a $54.00 price target on the stock, down previously from $71.00. Separately, analysts at Deutsche Bank upgraded shares of Curtiss-Wright Corp. from a “hold” rating to a “buy” rating in a research note to investors on Tuesday, December 17th. They now have a $50.00 price target on the stock, down previously from $65.00. Finally, analysts at Ascendiant Capital Markets downgraded shares of Curtiss-Wright Corp. from a “buy” rating to a “neutral” rating in a research note to investors on Thursday, October 31st. They now have a $50.00 price target on the stock. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $47.67.
In other Curtiss-Wright Corp. news, Director William Dr Sihler unloaded 2,142 shares of the company’s stock on the open market in a transaction dated Monday, January 6th. The stock was sold at an average price of $62.19, for a total value of $133,210.98. Following the completion of the transaction, the director now directly owns 6,724 shares in the company, valued at approximately $418,166. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Curtiss-Wright Corp. has a 1-year low of $30.64 and a 1-year high of $64.43. The stock has a 50-day moving average of $57.22 and a 200-day moving average of $47.69. The company has a market cap of $3.043 billion and a price-to-earnings ratio of 23.65.
Curtiss-Wright Corp. (NYSE:CW) last issued its quarterly earnings data on Wednesday, October 30th. The company reported $0.76 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.77 by $0.01. The company had revenue of $600.70 million for the quarter, compared to the consensus estimate of $606.11 million. During the same quarter in the previous year, the company posted $0.24 earnings per share. The company’s revenue for the quarter was up 25.4% on a year-over-year basis. On average, analysts predict that Curtiss-Wright Corp. will post $2.86 earnings per share for the current fiscal year.
Curtiss-Wright Corporation is a diversified, multinational provider of engineered, technologically advanced products and services.
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