Somewhat Favorable News Coverage Somewhat Unlikely to Impact Curtiss-Wright (CW) Stock Price

News headlines about Curtiss-Wright (NYSE:CW) have been trending somewhat positive on Saturday, Accern Sentiment reports. Accern ranks the sentiment of media coverage by reviewing more than 20 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 media sentiment score of 0.08 on Accern’s scale. Accern also gave press coverage about the aerospace company an impact score of 45.7283910229085 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

Curtiss-Wright (NYSE:CW) traded down $1.23 during trading hours on Friday, hitting $121.85. 123,213 shares of the stock were exchanged, compared to its average volume of 208,041. Curtiss-Wright has a twelve month low of $82.77 and a twelve month high of $125.00. The company has a market cap of $5,431.44, a PE ratio of 25.28, a P/E/G ratio of 2.10 and a beta of 1.26. The company has a quick ratio of 1.48, a current ratio of 2.08 and a debt-to-equity ratio of 0.55.

Curtiss-Wright (NYSE:CW) last released its quarterly earnings results on Wednesday, October 25th. The aerospace company reported $1.43 earnings per share for the quarter, beating analysts’ consensus estimates of $1.22 by $0.21. Curtiss-Wright had a net margin of 9.70% and a return on equity of 15.60%. The business had revenue of $567.90 million for the quarter, compared to analysts’ expectations of $539.28 million. During the same period last year, the business earned $1.02 EPS. The company’s revenue was up 12.0% compared to the same quarter last year. equities analysts expect that Curtiss-Wright will post 4.75 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Friday, December 8th. Stockholders of record on Wednesday, November 29th were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.49%. The ex-dividend date was Tuesday, November 28th. Curtiss-Wright’s dividend payout ratio is currently 12.45%.

Several brokerages have issued reports on CW. Robert W. Baird began coverage on shares of Curtiss-Wright in a report on Tuesday, December 5th. They set an “outperform” rating and a $149.00 target price on the stock. Seaport Global Securities reiterated a “buy” rating on shares of Curtiss-Wright in a report on Friday, October 27th. Bank of America upgraded shares of Curtiss-Wright from a “neutral” rating to a “buy” rating and set a $136.00 target price on the stock in a report on Monday, October 30th. Wells Fargo & Co increased their target price on shares of 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 shares of Curtiss-Wright from $117.00 to $124.00 and gave the company a “hold” rating in a report on Friday, October 27th. Four research analysts have rated the stock with a hold rating and six have given a buy rating to the company. Curtiss-Wright currently has a consensus rating of “Buy” and a consensus target price of $129.86.

In related news, CEO David Charles Adams sold 17,000 shares of the stock in a transaction that occurred on Thursday, November 2nd. The shares were sold at an average price of $119.04, for a total value of $2,023,680.00. Following the completion of the transaction, the chief executive officer now directly owns 70,570 shares of the company’s stock, valued at approximately $8,400,652.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director S Marce Fuller sold 1,300 shares of the stock in a transaction that occurred on Wednesday, November 1st. The shares were sold at an average price of $117.95, for a total transaction of $153,335.00. Following the completion of the transaction, the director now directly owns 13,660 shares of the company’s stock, valued at $1,611,197. The disclosure for this sale can be found here. Insiders sold a total of 53,581 shares of company stock worth $6,308,571 over the last 90 days. Company insiders own 1.10% of the company’s stock.

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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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