$0.48 EPS Expected for CIRCOR International, Inc. (CIR) This Quarter

Equities research analysts expect CIRCOR International, Inc. (NYSE:CIR) to report $0.48 earnings per share (EPS) for the current quarter, according to Zacks Investment Research. Three analysts have made estimates for CIRCOR International’s earnings. The lowest EPS estimate is $0.46 and the highest is $0.50. CIRCOR International also posted earnings of $0.48 per share during the same quarter last year. The firm is scheduled to report its next earnings report before the market opens on Wednesday, February 28th.

On average, analysts expect that CIRCOR International will report full-year earnings of $1.62 per share for the current financial year, with EPS estimates ranging from $1.60 to $1.63. For the next year, analysts expect that the business will report earnings of $2.42 per share, with EPS estimates ranging from $2.28 to $2.55. Zacks Investment Research’s EPS averages are an average based on a survey of research firms that that provide coverage for CIRCOR International.

Several research firms recently commented on CIR. Stifel Nicolaus restated a “buy” rating and set a $66.00 target price on shares of CIRCOR International in a research report on Tuesday, October 17th. Zacks Investment Research downgraded CIRCOR International from a “hold” rating to a “strong sell” rating in a research report on Tuesday, October 17th. Finally, KeyCorp restated a “hold” rating on shares of CIRCOR International in a research report on Sunday, October 29th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and five have assigned a buy rating to the company’s stock. CIRCOR International currently has a consensus rating of “Hold” and an average price target of $61.33.

A number of institutional investors and hedge funds have recently modified their holdings of the business. Arizona State Retirement System raised its position in CIRCOR International by 224.8% in the 4th quarter. Arizona State Retirement System now owns 27,732 shares of the industrial products company’s stock valued at $1,350,000 after purchasing an additional 19,194 shares during the last quarter. Pinebridge Investments L.P. raised its position in CIRCOR International by 22.0% in the 4th quarter. Pinebridge Investments L.P. now owns 23,696 shares of the industrial products company’s stock valued at $1,153,000 after purchasing an additional 4,281 shares during the last quarter. Teton Advisors Inc. raised its position in CIRCOR International by 1.1% in the 4th quarter. Teton Advisors Inc. now owns 183,600 shares of the industrial products company’s stock valued at $8,938,000 after purchasing an additional 2,000 shares during the last quarter. Gabelli Funds LLC raised its position in CIRCOR International by 1.5% in the 4th quarter. Gabelli Funds LLC now owns 964,730 shares of the industrial products company’s stock valued at $46,963,000 after purchasing an additional 14,230 shares during the last quarter. Finally, SG Americas Securities LLC bought a new position in CIRCOR International in the 3rd quarter valued at $121,000.

CIRCOR International (NYSE:CIR) traded up $0.14 during trading on Tuesday, hitting $46.72. The company had a trading volume of 2,897 shares, compared to its average volume of 93,172. The company has a debt-to-equity ratio of 0.58, a current ratio of 3.20 and a quick ratio of 1.85. The company has a market cap of $793.18, a P/E ratio of 50.09 and a beta of 1.62. CIRCOR International has a 1-year low of $42.25 and a 1-year high of $72.96.

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About CIRCOR International

CIRCOR International, Inc (CIRCOR) designs, manufactures and markets engineered products and sub-systems for markets, including oil and gas, aerospace, power and process, and industrial solutions. The Company operates through two segments: CIRCOR Energy (Energy segment (Energy)) and CIRCOR Advanced Flow Solutions (Advanced Flow Solutions segment (AFS)).

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Earnings History and Estimates for CIRCOR International (NYSE:CIR)

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