Circor International (CIR) Releases Quarterly Earnings, Beats Estimates By $0.05 EPS
Circor International (NYSE:CIR) released its earnings data on Tuesday. The company reported $0.75 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.70 by $0.05, Analyst Ratings Net reports. The company had revenue of $211.20 million for the quarter, compared to the consensus estimate of $208.56 million.
A number of research firms have recently commented on CIR. Analysts at Zacks downgraded shares of Circor International from a “buy” rating to a “hold” rating in a research note on Friday, March 14th. On the ratings front, analysts at KeyCorp upgraded shares of Circor International from a “hold” rating to a “buy” rating in a research note on Wednesday, March 5th. They now have a $85.00 price target on the stock. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Circor International currently has an average rating of “Buy” and an average price target of $69.25.
Shares of Circor International (NYSE:CIR) opened at 73.08 on Tuesday. Circor International has a 1-year low of $44.60 and a 1-year high of $83.37. The stock has a 50-day moving average of $73.18 and a 200-day moving average of $73.96. The company has a market cap of $1.287 billion and a P/E ratio of 26.99.
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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