CIRCOR International, Inc. (NYSE:CIR) posted its quarterly earnings data on Friday. The industrial products company reported $0.43 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.40 by $0.03, Bloomberg Earnings reports. The business had revenue of $159.70 million during the quarter, compared to the consensus estimate of $154.65 million. CIRCOR International had a net margin of 2.74% and a return on equity of 6.55%. CIRCOR International’s quarterly revenue was up 18.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.46 EPS.

Shares of CIRCOR International (CIR) traded down 8.12% during mid-day trading on Friday, reaching $49.90. 368,385 shares of the company’s stock were exchanged. CIRCOR International has a 52-week low of $45.29 and a 52-week high of $72.96. The stock’s 50-day moving average is $52.87 and its 200-day moving average is $57.01. The stock has a market cap of $823.30 million, a price-to-earnings ratio of 51.23 and a beta of 1.64.

CIR has been the subject of several recent analyst reports. Zacks Investment Research downgraded shares of CIRCOR International from a “hold” rating to a “sell” rating in a report on Monday, July 10th. Stifel Nicolaus reaffirmed a “buy” rating and set a $72.00 price objective on shares of CIRCOR International in a report on Friday, July 14th. BidaskClub downgraded shares of CIRCOR International from a “hold” rating to a “sell” rating in a report on Thursday, July 27th. SunTrust Banks, Inc. raised shares of CIRCOR International from a “hold” rating to a “buy” rating and decreased their price objective for the stock from $65.00 to $60.00 in a report on Tuesday, August 1st. Finally, KeyCorp reissued a “hold” rating on shares of CIRCOR International in a report on Tuesday, September 26th. Three analysts have rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $65.25.

Hedge funds have recently added to or reduced their stakes in the business. Aperio Group LLC boosted its position in CIRCOR International by 9.2% during the second quarter. Aperio Group LLC now owns 6,891 shares of the industrial products company’s stock worth $409,000 after purchasing an additional 579 shares during the period. Thrivent Financial For Lutherans boosted its position in CIRCOR International by 2.5% during the second quarter. Thrivent Financial For Lutherans now owns 101,256 shares of the industrial products company’s stock worth $6,012,000 after purchasing an additional 2,480 shares during the period. OppenheimerFunds Inc. boosted its position in CIRCOR International by 32.5% during the first quarter. OppenheimerFunds Inc. now owns 7,797 shares of the industrial products company’s stock worth $463,000 after purchasing an additional 1,912 shares during the period. Gamco Investors INC. ET AL boosted its position in CIRCOR International by 0.8% during the second quarter. Gamco Investors INC. ET AL now owns 1,498,058 shares of the industrial products company’s stock worth $88,955,000 after purchasing an additional 11,444 shares during the period. Finally, Teachers Advisors LLC boosted its position in CIRCOR International by 4.2% during the first quarter. Teachers Advisors LLC now owns 28,910 shares of the industrial products company’s stock worth $1,718,000 after purchasing an additional 1,167 shares during the period.

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About CIRCOR International

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)).

Earnings History for CIRCOR International (NYSE:CIR)

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