Curtiss-Wright (CW) to Release Earnings on Wednesday

Curtiss-Wright (NYSE:CW) is scheduled to be posting its quarterly earnings results after the market closes on Wednesday, February 21st. Analysts expect Curtiss-Wright to post earnings of $1.46 per share for the quarter.

Curtiss-Wright (CW) opened at $119.32 on Wednesday. The company has a current ratio of 2.08, a quick ratio of 1.48 and a debt-to-equity ratio of 0.55. The firm has a market cap of $5,220.06, a PE ratio of 24.76, a price-to-earnings-growth ratio of 1.78 and a beta of 1.24. Curtiss-Wright has a 1 year low of $82.77 and a 1 year high of $134.44.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 12th. Shareholders of record on Thursday, March 29th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Wednesday, March 28th. This represents a $0.60 dividend on an annualized basis and a yield of 0.50%. Curtiss-Wright’s dividend payout ratio is presently 12.45%.

A number of equities research analysts have recently issued reports on CW shares. Zacks Investment Research downgraded shares of Curtiss-Wright from a “buy” rating to a “hold” rating in a report on Thursday, February 1st. Stifel Nicolaus increased their price target on shares of Curtiss-Wright from $126.00 to $139.00 and gave the stock a “hold” rating in a report on Tuesday, January 16th. Wells Fargo & Co raised shares of Curtiss-Wright from a “market perform” rating to an “outperform” rating and set a $120.00 price target on the stock in a report on Tuesday, January 16th. Robert W. Baird started coverage on shares of Curtiss-Wright in a report on Tuesday, December 5th. They issued an “outperform” rating and a $149.00 price target on the stock. Finally, Seaport Global Securities reissued a “buy” rating on shares of Curtiss-Wright in a report on Friday, October 27th. Three equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $133.29.

In related news, VP Glenn E. Tynan sold 2,082 shares of the firm’s stock in a transaction that occurred on Thursday, November 16th. The shares were sold at an average price of $120.00, for a total value of $249,840.00. The sale was disclosed in a filing with the SEC, which is available through this link. Also, VP K Christopher Farkas sold 700 shares of the firm’s stock in a transaction that occurred on Thursday, February 8th. The shares were sold at an average price of $120.25, for a total transaction of $84,175.00. Following the completion of the sale, the vice president now directly owns 2,152 shares in the company, valued at $258,778. The disclosure for this sale can be found here. Insiders sold 31,940 shares of company stock worth $3,858,905 over the last ninety days. 1.10% of the stock is currently owned by insiders.

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About Curtiss-Wright

Curtiss-Wright Corporation is a manufacturing and service company that designs, manufactures, and overhauls precision components and provides engineered products and services to the aerospace, defense, power generation and general industrial markets. The Company operates through three segments: Commercial/Industrial, Defense and Power.

Earnings History for Curtiss-Wright (NYSE:CW)

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