Curtiss-Wright (CW) Projected to Post Quarterly Earnings on Wednesday

Curtiss-Wright (NYSE:CW) is expected to announce its earnings results after the market closes on Wednesday, February 12th. Analysts expect the company to announce earnings of $3.12 per share and revenue of $787.02 million for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

Curtiss-Wright Stock Up 0.2 %

NYSE CW opened at $345.63 on Wednesday. Curtiss-Wright has a fifty-two week low of $220.90 and a fifty-two week high of $393.40. The business has a fifty day moving average price of $361.10 and a two-hundred day moving average price of $338.51. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.98 and a quick ratio of 1.39. The stock has a market capitalization of $13.12 billion, a PE ratio of 32.70, a PEG ratio of 2.47 and a beta of 1.19.

Curtiss-Wright Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 3rd. Stockholders of record on Friday, November 22nd were issued a $0.21 dividend. The ex-dividend date of this dividend was Friday, November 22nd. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.24%. Curtiss-Wright’s dividend payout ratio (DPR) is currently 7.95%.

Analyst Upgrades and Downgrades

CW has been the subject of a number of recent research reports. Alembic Global Advisors assumed coverage on Curtiss-Wright in a report on Tuesday, October 29th. They issued an “overweight” rating and a $412.00 target price for the company. Morgan Stanley raised their price objective on shares of Curtiss-Wright from $334.00 to $395.00 and gave the company an “overweight” rating in a report on Tuesday, November 5th. Deutsche Bank Aktiengesellschaft began coverage on shares of Curtiss-Wright in a report on Thursday, December 5th. They set a “buy” rating and a $452.00 target price on the stock. Truist Financial lifted their price target on shares of Curtiss-Wright from $333.00 to $357.00 and gave the stock a “hold” rating in a report on Tuesday, January 14th. Finally, Citigroup began coverage on Curtiss-Wright in a report on Tuesday, January 21st. They issued a “buy” rating and a $410.00 price objective for the company. Two research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat, Curtiss-Wright has an average rating of “Moderate Buy” and an average target price of $386.86.

Insider Buying and Selling at Curtiss-Wright

In related news, CEO Lynn M. Bamford sold 7,129 shares of the business’s stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $368.80, for a total transaction of $2,629,175.20. Following the transaction, the chief executive officer now owns 28,688 shares in the company, valued at $10,580,134.40. The trade was a 19.90 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Over the last quarter, insiders have bought 116 shares of company stock valued at $35,278. 0.55% of the stock is currently owned by insiders.

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.