CIRCOR International (NYSE:CIR) had its target price upped by equities researchers at Stifel Nicolaus from $52.00 to $61.00 in a report issued on Tuesday. The firm currently has a “buy” rating on the industrial products company’s stock. Stifel Nicolaus’ target price suggests a potential upside of 16.35% from the stock’s previous close.

CIR has been the subject of several other reports. Zacks Investment Research cut shares of CIRCOR International from a “buy” rating to a “hold” rating in a report on Friday. KeyCorp upgraded shares of CIRCOR International from a “sector weight” rating to an “overweight” rating and set a $53.00 price objective for the company in a report on Monday, November 6th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $60.67.

CIRCOR International (NYSE CIR) opened at $52.43 on Tuesday. The company has a quick ratio of 1.85, a current ratio of 3.20 and a debt-to-equity ratio of 0.58. The stock has a market cap of $865.12, a P/E ratio of 56.38 and a beta of 1.60. CIRCOR International has a 1-year low of $42.25 and a 1-year high of $72.96.

CIRCOR International (NYSE:CIR) last posted its quarterly earnings data on Friday, October 27th. The industrial products company reported $0.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.03. The business had revenue of $159.70 million during the quarter, compared to analysts’ expectations of $154.65 million. CIRCOR International had a net margin of 2.50% and a return on equity of 6.30%. The business’s revenue was up 18.5% on a year-over-year basis. During the same period last year, the firm posted $0.46 earnings per share. analysts anticipate that CIRCOR International will post 1.62 EPS for the current fiscal year.

Large investors have recently modified their holdings of the stock. SG Americas Securities LLC bought a new stake in CIRCOR International during the third quarter worth approximately $121,000. Quantbot Technologies LP boosted its holdings in CIRCOR International by 454.0% during the second quarter. Quantbot Technologies LP now owns 3,014 shares of the industrial products company’s stock worth $178,000 after buying an additional 2,470 shares in the last quarter. Piedmont Investment Advisors LLC bought a new stake in CIRCOR International during the second quarter worth approximately $212,000. Municipal Employees Retirement System of Michigan boosted its holdings in CIRCOR International by 59.9% during the third quarter. Municipal Employees Retirement System of Michigan now owns 6,190 shares of the industrial products company’s stock worth $337,000 after buying an additional 2,320 shares in the last quarter. Finally, California Public Employees Retirement System boosted its holdings in CIRCOR International by 2.3% during the second quarter. California Public Employees Retirement System now owns 13,600 shares of the industrial products company’s stock worth $808,000 after buying an additional 300 shares in the last quarter.

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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)).

Analyst Recommendations for CIRCOR International (NYSE:CIR)

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