Curtiss-Wright Corporation (CW) Analysis & Opinions from Experts

Curtiss-Wright Corporation (NYSE: CW) is -41.10% lower on its value in year-to-date trading and has touched a low of $70.56 and a high of $149.90 in the current 52-week trading range. The CW stock was last observed hovering at around $82.98 in the last trading session, with the day’s gains setting it 1.37% off its average median price target of $130.00 for the next 12 months. It is also 39.32% off the consensus price target high of $139.00 offered by 5 analysts, but current levels are 26.65% higher than the price target low of $115.00 for the same period.


The 2021 Backdoor Crypto Portfolio (free)

Even if you’re not actively in crypto, you deserve to know what’s actually going on...

Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.

Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free.

Sponsored


Currently trading at $84.35, the stock is -14.53% and -12.50% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.56 million and changing 1.65% at the moment leaves the stock -30.39% off its SMA200. CW registered -30.72% loss for a year compared to 6-month loss of -42.11%. The firm has a 50-day simple moving average (SMA 50) of $96.22 and a 200-day simple moving average (SMA200) of $115.88.

The stock witnessed a -15.46% gain in the last 1 month and extending the period to 3 months gives it a -6.23%, and is -11.53% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.45% over the week and 4.27% over the month.

Curtiss-Wright Corporation (CW) has around 9100 employees, a market worth around $3.58B and $2.51B in sales. Current P/E ratio is 11.74 and Fwd P/E is 11.73. Profit margin for the company is 12.10%. Distance from 52-week low is 19.54% and -43.73% from its 52-week high. The company has generated returns on investments over the last 12 months (12.40%).

Curtiss-Wright Corporation (CW) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for Curtiss-Wright Corporation (CW) is a “Buy”. 5 analysts offering their recommendations for the stock have an average rating of 1.40, where 0 rate it as a Hold and 1 think it is a “Overweight”. 4 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.

Curtiss-Wright Corporation is expected to release its quarterly report on 07/22/2020 and quarterly earnings per share for the current quarter are estimated at $1.3 with sales reaching $544.72M over the same period.The EPS is expected to grow by 11.20% this year, but quarterly earnings will post -5.30% year-over-year. Quarterly sales are estimated to shrink -14.90% in year-over-year returns.

Curtiss-Wright Corporation (CW) Top Institutional Holders

439 institutions hold shares in Curtiss-Wright Corporation (CW), with 305.72k shares held by insiders accounting for 0.73% while institutional investors hold 80.46% of the company’s shares. The shares outstanding are 42.46M, and float is at 41.34M with Short Float at 1.42%. Institutions hold 79.87% of the Float.

The top institutional shareholder in the company is Blackrock Inc. with over 4.57 million shares valued at $422.31 million. The investor’s holdings represent 10.97% of the CW Shares outstanding. As of Mar 30, 2020, the second largest holder is Vanguard Group, Inc. (The) with 3.99 million shares valued at $368.38 million to account for 9.57% of the shares outstanding. The other top investors are Primecap Management Company which holds 1.67 million shares representing 4.00% and valued at over $154.08 million, while State Street Corporation holds 3.74% of the shares totaling 1.56 million with a market value of $143.79 million.

Curtiss-Wright Corporation (CW) Insider Activity

A total of 25 insider transactions have happened at Curtiss-Wright Corporation (CW) in the last six months, with sales accounting for 7 and purchases happening 18 times. The most recent transaction is an insider purchase by MINOR GLENDA J, the company’s Director. SEC filings show that MINOR GLENDA J bought 500 shares of the company’s common stock on Mar 11 at a price of $108.86 per share for a total of $54430.0. Following the purchase, the insider now owns 808.0 shares.

Curtiss-Wright Corporation disclosed in a document filed with the SEC on Feb 06 that Ferdenzi Paul J (Vice President) sold a total of 1,368 shares of the company’s common stock. The trade occurred on Feb 06 and was made at $147.85 per share for $0.2 million. Following the transaction, the insider now directly holds 22697.0 shares of the CW stock.

Still, SEC filings show that on Feb 06, TYNAN GLENN E (Vice President and CFO) disposed off 2,528 shares at an average price of $147.80 for $0.37 million. The insider now directly holds 36,856 shares of Curtiss-Wright Corporation (CW).

Curtiss-Wright Corporation (CW): Who are the competitors?

The company’s main competitors (and peers) include Lockheed Martin Corporation (LMT) that is trading -0.21% down over the past 12 months. Teledyne Technologies Incorporated (TDY) is 15.67% up on the 1-year trading charts. Short interest in the company’s stock has fallen -18.79% from the last report on Apr 29, 2020 to stand at a total of 0.7 million short shares sold with a short interest ratio of 2.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free