News articles about Curtiss-Wright (NYSE:CW) have been trending somewhat positive recently, Accern Sentiment reports. Accern identifies negative and positive news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Curtiss-Wright earned a news impact score of 0.08 on Accern’s scale. Accern also assigned media headlines about the aerospace company an impact score of 45.4390094440041 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the news stories that may have impacted Accern Sentiment’s rankings:
- Boeing (BA) Wins $115M Deal to Support P-8A Aircraft Program (finance.yahoo.com)
- Curtiss-Wright to Announce Fourth Quarter and Full-Year 2017 Financial Results and 2018 Expectations (finance.yahoo.com)
- Curtiss-Wright Corporation (CW) Director Buys $22,697.65 in Stock (americanbankingnews.com)
- Curtiss-Wright Awarded $86 Million Contract to Provide Aerospace Instrumentation System Technology (finance.yahoo.com)
Curtiss-Wright (NYSE CW) traded up $1.10 during trading on Friday, hitting $128.74. The company had a trading volume of 264,745 shares, compared to its average volume of 218,344. The company has a debt-to-equity ratio of 0.55, a current ratio of 2.08 and a quick ratio of 1.48. Curtiss-Wright has a 12-month low of $82.77 and a 12-month high of $129.39. The firm has a market capitalization of $5,510.00, a P/E ratio of 26.49, a price-to-earnings-growth ratio of 1.92 and a beta of 1.26.
Curtiss-Wright (NYSE:CW) last released its earnings results on Wednesday, October 25th. The aerospace company reported $1.43 EPS for the quarter, topping the Zacks’ 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 during the quarter, compared to the consensus estimate of $539.28 million. During the same quarter in the previous year, the company posted $1.02 earnings per share. The company’s revenue was up 12.0% compared to the same quarter last year. analysts expect that Curtiss-Wright will post 4.75 EPS for the current fiscal year.
Several brokerages have weighed in on CW. Robert W. Baird began coverage on Curtiss-Wright in a report on Tuesday, December 5th. They issued an “outperform” rating and a $149.00 price target for the company. Seaport Global Securities reissued a “buy” rating on shares of Curtiss-Wright in a report on Friday, October 27th. Bank of America raised Curtiss-Wright from a “neutral” rating to a “buy” rating and set a $136.00 price target for the company in a report on Monday, October 30th. Wells Fargo & Co raised their price target on Curtiss-Wright from $100.00 to $120.00 and gave the stock a “market perform” rating in a report on Friday, October 27th. Finally, Stifel Nicolaus raised their price target on Curtiss-Wright from $117.00 to $124.00 and gave the stock a “hold” rating in a report on Friday, October 27th. Four investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $129.86.
In related news, Director Albert E. Smith sold 1,700 shares of Curtiss-Wright stock in a transaction that occurred on Tuesday, January 2nd. The stock was sold at an average price of $122.35, for a total transaction of $207,995.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Glenn E. Tynan sold 7,918 shares of Curtiss-Wright stock in a transaction that occurred on Tuesday, November 21st. The shares were sold at an average price of $120.00, for a total value of $950,160.00. Following the transaction, the chief financial officer now owns 47,925 shares of the company’s stock, valued at $5,751,000. The disclosure for this sale can be found here. Insiders have sold 50,290 shares of company stock valued at $5,969,585 in the last ninety days. Corporate insiders own 1.10% of the company’s stock.
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.
Receive News & Ratings for Curtiss-Wright Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Curtiss-Wright and related companies with MarketBeat.com's FREE daily email newsletter.