Curtiss-Wright (CW) Getting Somewhat Favorable News Coverage, Report Shows

Media stories about Curtiss-Wright (NYSE:CW) have trended somewhat positive on Wednesday, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Curtiss-Wright earned a news sentiment score of 0.12 on Accern’s scale. Accern also gave news stories about the aerospace company an impact score of 44.9648520715342 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

These are some of the news stories that may have effected Accern Sentiment’s scoring:

Shares of Curtiss-Wright (NYSE CW) traded down $0.07 during mid-day trading on Wednesday, reaching $122.47. The company had a trading volume of 164,000 shares, compared to its average volume of 245,000. Curtiss-Wright has a 1 year low of $82.77 and a 1 year high of $125.00. 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 stock has a market cap of $5,342.30, a P/E ratio of 25.33, a price-to-earnings-growth ratio of 2.06 and a beta of 1.26.

Curtiss-Wright (NYSE:CW) last announced its earnings results on Wednesday, October 25th. The aerospace company reported $1.43 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.22 by $0.21. Curtiss-Wright had a return on equity of 15.60% and a net margin of 9.70%. The firm had revenue of $567.90 million for the quarter, compared to the consensus estimate of $539.28 million. During the same period in the previous year, the business earned $1.02 EPS. The firm’s revenue for the quarter was up 12.0% on a year-over-year basis. sell-side analysts predict that Curtiss-Wright will post 4.75 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 8th. Investors of record on Wednesday, November 29th will be paid a dividend of $0.15 per share. The ex-dividend date of this dividend is Tuesday, November 28th. This represents a $0.60 annualized dividend and a yield of 0.49%. Curtiss-Wright’s dividend payout ratio (DPR) is 12.45%.

A number of research analysts have recently issued reports on the company. Zacks Investment Research downgraded Curtiss-Wright from a “buy” rating to a “hold” rating in a report on Tuesday, September 12th. BidaskClub upgraded Curtiss-Wright from a “sell” rating to a “hold” rating in a research note on Tuesday, August 8th. Stifel Nicolaus restated a “hold” rating and set a $117.00 target price on shares of Curtiss-Wright in a research note on Tuesday, October 17th. Robert W. Baird assumed coverage on Curtiss-Wright in a research note on Tuesday. They set an “outperform” rating and a $149.00 target price on the stock. Finally, SunTrust Banks restated a “buy” rating and set a $128.00 target price on shares of Curtiss-Wright in a research note on Friday, October 20th. Four analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Curtiss-Wright has an average rating of “Buy” and a consensus target price of $129.86.

In other Curtiss-Wright news, CEO David Charles Adams sold 17,000 shares of the business’s stock in a transaction dated Thursday, November 2nd. The stock was sold at an average price of $119.04, for a total transaction of $2,023,680.00. Following the sale, the chief executive officer now owns 70,570 shares in the company, valued at approximately $8,400,652.80. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, VP Paul J. Ferdenzi sold 6,907 shares of the business’s stock in a transaction dated Thursday, September 28th. The shares were sold at an average price of $106.18, for a total value of $733,385.26. Following the sale, the vice president now owns 19,467 shares in the company, valued at approximately $2,067,006.06. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 60,488 shares of company stock worth $7,041,956. 1.10% of the stock is owned by company insiders.

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Curtiss-Wright Company Profile

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.

Insider Buying and Selling by Quarter for Curtiss-Wright (NYSE:CW)

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