Curtiss-Wright (NYSE:CW) Issues FY 2025 Earnings Guidance

Curtiss-Wright (NYSE:CW) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 12.950-13.200 for the period, compared to the consensus earnings per share estimate of 12.970. The company issued revenue guidance of $3.4 billion-$3.5 billion, compared to the consensus revenue estimate of $3.4 billion.

Curtiss-Wright Stock Down 0.2%

Shares of NYSE:CW traded down $1.09 during midday trading on Friday, hitting $574.86. 126,057 shares of the company’s stock traded hands, compared to its average volume of 300,805. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.35 and a current ratio of 1.95. Curtiss-Wright has a twelve month low of $266.88 and a twelve month high of $612.28. The company has a market cap of $21.66 billion, a PE ratio of 48.51, a P/E/G ratio of 3.41 and a beta of 1.12. The firm’s fifty day moving average price is $535.97 and its two-hundred day moving average price is $479.58.

Curtiss-Wright (NYSE:CW) last posted its quarterly earnings data on Wednesday, November 5th. The aerospace company reported $3.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.28 by $0.12. The company had revenue of $869.00 million for the quarter, compared to the consensus estimate of $869.03 million. Curtiss-Wright had a return on equity of 18.34% and a net margin of 13.66%.Curtiss-Wright’s revenue for the quarter was up 8.8% compared to the same quarter last year. During the same period in the previous year, the business earned $2.89 EPS. Curtiss-Wright has set its FY 2025 guidance at 12.950-13.200 EPS. On average, equities research analysts anticipate that Curtiss-Wright will post 12.32 EPS for the current fiscal year.

Curtiss-Wright Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 10th. Investors of record on Friday, September 26th were given a dividend of $0.24 per share. The ex-dividend date of this dividend was Friday, September 26th. This represents a $0.96 dividend on an annualized basis and a yield of 0.2%. Curtiss-Wright’s dividend payout ratio (DPR) is presently 8.10%.

Wall Street Analysts Forecast Growth

CW has been the topic of several research reports. Weiss Ratings reiterated a “buy (b)” rating on shares of Curtiss-Wright in a research report on Wednesday, October 8th. Morgan Stanley upped their target price on Curtiss-Wright from $405.00 to $550.00 and gave the company an “overweight” rating in a research report on Thursday, July 17th. Citigroup boosted their price target on Curtiss-Wright from $525.00 to $568.00 and gave the company a “buy” rating in a research note on Monday, July 14th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $625.00 price objective on shares of Curtiss-Wright in a research note on Wednesday, October 8th. Finally, Truist Financial increased their target price on shares of Curtiss-Wright from $525.00 to $537.00 and gave the stock a “hold” rating in a report on Friday. Five equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $547.00.

Insider Transactions at Curtiss-Wright

In other news, VP John C. Watts sold 1,110 shares of the stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $480.50, for a total value of $533,355.00. Following the transaction, the vice president owned 3,863 shares of the company’s stock, valued at $1,856,171.50. This represents a 22.32% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.55% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Curtiss-Wright

Institutional investors have recently made changes to their positions in the business. Sivia Capital Partners LLC bought a new stake in Curtiss-Wright in the second quarter worth $235,000. Goldman Sachs Group Inc. grew its position in shares of Curtiss-Wright by 10.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 213,101 shares of the aerospace company’s stock worth $67,611,000 after buying an additional 20,379 shares during the last quarter. Treasurer of the State of North Carolina raised its holdings in Curtiss-Wright by 0.6% in the 2nd quarter. Treasurer of the State of North Carolina now owns 17,555 shares of the aerospace company’s stock worth $8,576,000 after purchasing an additional 103 shares in the last quarter. Glenview Trust co bought a new position in Curtiss-Wright in the second quarter worth about $270,000. Finally, Squarepoint Ops LLC grew its holdings in shares of Curtiss-Wright by 801.8% during the 2nd quarter. Squarepoint Ops LLC now owns 10,055 shares of the aerospace company’s stock worth $4,912,000 after acquiring an additional 8,940 shares during the period. Hedge funds and other institutional investors own 82.71% of the company’s stock.

Curtiss-Wright Company Profile

Curtiss-Wright Corporation, together with its subsidiaries, provides engineered products, solutions, and services mainly to aerospace and defense, commercial power, process, and industrial markets worldwide. It operates through three segments: Aerospace & Industrial, Defense Electronics, and Naval & Power.