Precision Castparts Corp. (PCP) Set to Announce Earnings on Thursday
Precision Castparts Corp. (NYSE:PCP) is scheduled to release its Q414 earnings data on Thursday, May 8th. Analysts expect Precision Castparts Corp. to post earnings of $3.20 per share and revenue of $2.52 billion for the quarter.
Precision Castparts Corp. (NYSE:PCP) traded up 0.68% during mid-day trading on Wednesday, hitting $256.68. 179,388 shares of the company’s stock traded hands. Precision Castparts Corp. has a 52 week low of $191.39 and a 52 week high of $274.96. The stock has a 50-day moving average of $252.6 and a 200-day moving average of $256.. The company has a market cap of $37.277 billion and a price-to-earnings ratio of 21.93.
PCP has been the subject of a number of recent research reports. Analysts at Goldman Sachs cut their price target on shares of Precision Castparts Corp. from $331.00 to $317.00 in a research note on Friday, March 21st. Analysts at Zacks reiterated a “neutral” rating on shares of Precision Castparts Corp. in a research note on Friday, February 28th. They now have a $271.00 price target on the stock. Three research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the company. Precision Castparts Corp. presently has an average rating of “Buy” and a consensus price target of $279.32.
Precision Castparts Corp. (NYSE:PCP) is a manufacturer of metal components and products, provides investment castings, forgings and fasteners/fastener systems for critical aerospace and industrial gas turbine (IGT) applications.
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