CIRCOR International, Inc. (CIR) Scheduled to Post Earnings on Friday
CIRCOR International, Inc. (NYSE:CIR) is scheduled to be releasing its earnings data before the market opens on Friday, July 28th. Analysts expect CIRCOR International to post earnings of $0.46 per share for the quarter.
CIRCOR International (NYSE:CIR) last posted its earnings results on Friday, April 28th. The industrial products company reported $0.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.35 by $0.03. The business had revenue of $145.20 million for the quarter, compared to analyst estimates of $146.29 million. CIRCOR International had a return on equity of 7.21% and a net margin of 1.88%. CIRCOR International’s revenue was down 3.7% compared to the same quarter last year. During the same period last year, the business earned $0.52 EPS. On average, analysts expect CIRCOR International to post $2.02 EPS for the current fiscal year and $2.73 EPS for the next fiscal year.
Shares of CIRCOR International, Inc. (NYSE CIR) opened at 58.33 on Friday. The firm’s 50-day moving average price is $61.40 and its 200 day moving average price is $61.71. The firm has a market cap of $962.10 million, a PE ratio of 87.19 and a beta of 1.69. CIRCOR International, Inc. has a 1-year low of $48.11 and a 1-year high of $72.96.
Several analysts recently issued reports on CIR shares. Stifel Nicolaus reiterated a “buy” rating and issued a $72.00 price target on shares of CIRCOR International in a report on Friday, July 14th. Sidoti upgraded CIRCOR International from a “neutral” rating to a “buy” rating and set a $75.00 price target for the company in a report on Thursday, June 22nd. They noted that the move was a valuation call. Zacks Investment Research upgraded CIRCOR International from a “hold” rating to a “buy” rating and set a $70.00 price target for the company in a report on Wednesday, April 19th. ValuEngine upgraded CIRCOR International from a “sell” rating to a “hold” rating in a report on Friday, June 2nd. Finally, Seaport Global Securities downgraded CIRCOR International from a “neutral” rating to a “sell” rating and lowered their price target for the company from $70.00 to $60.00 in a report on Wednesday, June 21st. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company’s stock. CIRCOR International presently has a consensus rating of “Hold” and an average price target of $65.00.
CIRCOR International Company Profile
CIRCOR International, Inc (CIRCOR) designs, manufactures and markets engineered products and sub-systems for markets, including oil and gas, aerospace, power and process, and industrial solutions. The Company operates through two segments: CIRCOR Energy (Energy segment (Energy)) and CIRCOR Advanced Flow Solutions (Advanced Flow Solutions segment (AFS)).
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