Wall Street analysts expect CIRCOR International, Inc. (NYSE:CIR) to report $168.90 million in sales for the current fiscal quarter, Zacks Investment Research reports. Three analysts have made estimates for CIRCOR International’s earnings, with estimates ranging from $164.40 million to $172.50 million. CIRCOR International posted sales of $158.24 million during the same quarter last year, which would indicate a positive year-over-year growth rate of 6.7%. The firm is scheduled to report its next quarterly earnings results on Thursday, February 15th.

On average, analysts expect that CIRCOR International will report full-year sales of $168.90 million for the current fiscal year, with estimates ranging from $620.50 million to $628.70 million. For the next year, analysts expect that the company will report sales of $699.55 million per share, with estimates ranging from $672.70 million to $726.40 million. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side research analysts that follow CIRCOR International.

CIRCOR International (NYSE:CIR) last issued its quarterly earnings results on Friday, October 27th. The industrial products company reported $0.43 EPS for the quarter, topping the Zacks’ consensus estimate of $0.40 by $0.03. CIRCOR International had a return on equity of 6.30% and a net margin of 2.50%. The company had revenue of $159.70 million during the quarter, compared to analysts’ expectations of $154.65 million. During the same quarter in the previous year, the firm posted $0.46 EPS. The firm’s revenue was up 18.5% compared to the same quarter last year.

A number of brokerages have commented on CIR. BidaskClub cut CIRCOR International from a “sell” rating to a “strong sell” rating in a research report on Friday, August 4th. KeyCorp reaffirmed a “hold” rating on shares of CIRCOR International in a research report on Sunday, October 29th. Stifel Nicolaus reaffirmed a “buy” rating and set a $66.00 price target on shares of CIRCOR International in a research report on Tuesday, October 17th. Finally, Zacks Investment Research raised CIRCOR International from a “sell” rating to a “hold” rating in a report on Tuesday, October 31st. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the company’s stock. CIRCOR International has a consensus rating of “Hold” and a consensus price target of $61.00.

Hedge funds have recently modified their holdings of the company. Aperio Group LLC lifted its holdings in shares of CIRCOR International by 9.2% in the 2nd quarter. Aperio Group LLC now owns 6,891 shares of the industrial products company’s stock valued at $409,000 after buying an additional 579 shares during the period. Thrivent Financial For Lutherans lifted its holdings in shares of CIRCOR International by 2.5% in the 2nd quarter. Thrivent Financial For Lutherans now owns 101,256 shares of the industrial products company’s stock valued at $6,012,000 after buying an additional 2,480 shares during the period. Gamco Investors INC. ET AL lifted its holdings in shares of CIRCOR International by 0.8% in the 2nd quarter. Gamco Investors INC. ET AL now owns 1,498,058 shares of the industrial products company’s stock valued at $88,955,000 after buying an additional 11,444 shares during the period. Teachers Advisors LLC increased its stake in shares of CIRCOR International by 4.2% in the 1st quarter. Teachers Advisors LLC now owns 28,910 shares of the industrial products company’s stock valued at $1,718,000 after purchasing an additional 1,167 shares in the last quarter. Finally, TIAA CREF Investment Management LLC increased its stake in shares of CIRCOR International by 1.8% in the 2nd quarter. TIAA CREF Investment Management LLC now owns 44,522 shares of the industrial products company’s stock valued at $2,644,000 after purchasing an additional 783 shares in the last quarter.

Shares of CIRCOR International (NYSE:CIR) traded down $0.33 on Friday, reaching $48.11. The company’s stock had a trading volume of 82,950 shares, compared to its average volume of 89,609. CIRCOR International has a 12 month low of $42.25 and a 12 month high of $72.96. The company has a current ratio of 3.20, a quick ratio of 1.85 and a debt-to-equity ratio of 0.58. The firm has a market cap of $799.29, a PE ratio of 29.90 and a beta of 1.59.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 12th. Stockholders of record on Tuesday, November 28th will be issued a $0.0375 dividend. The ex-dividend date is Monday, November 27th. This represents a $0.15 annualized dividend and a dividend yield of 0.31%. CIRCOR International’s dividend payout ratio (DPR) is presently 16.13%.

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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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Earnings History and Estimates for CIRCOR International (NYSE:CIR)

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