CPI Aerostructures (NYSEAMERICAN:CVU) will release its n/a earnings data before the market opens on Thursday, March 22nd. Analysts expect CPI Aerostructures to post earnings of $0.21 per share for the quarter.
CVU stock opened at $8.30 on Wednesday. CPI Aerostructures has a twelve month low of $5.55 and a twelve month high of $10.05. The company has a market capitalization of $76.67, a PE ratio of 12.58 and a beta of 0.31.
An institutional investor recently raised its position in CPI Aerostructures stock. Northern Trust Corp lifted its holdings in shares of CPI Aerostructures, Inc. (NYSEAMERICAN:CVU) by 3.0% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 21,897 shares of the aerospace company’s stock after acquiring an additional 634 shares during the period. Northern Trust Corp owned 0.25% of CPI Aerostructures worth $205,000 at the end of the most recent reporting period.
Separately, Zacks Investment Research lowered CPI Aerostructures from a “hold” rating to a “sell” rating in a research report on Tuesday, January 2nd. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $11.00.
CPI Aerostructures Company Profile
CPI Aerostructures, Inc (CPI Aero) is a supplier of aircraft parts for fixed wing aircraft and helicopters in both the commercial and defense markets in the United States. The Company is a manufacturer of structural aircraft parts and aerosystems. It is also a contractor to the United States Department of Defense, primarily the Air Force.
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