News stories about Curtiss-Wright (NYSE:CW) have trended somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies positive and negative news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Curtiss-Wright earned a daily sentiment score of 0.16 on Accern’s scale. Accern also gave news headlines about the aerospace company an impact score of 45.9633946017521 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the headlines that may have effected Accern Sentiment Analysis’s scoring:
- Boeing (BA) Wins $115M Deal to Support P-8A Aircraft Program (finance.yahoo.com)
- Curtiss-Wright to Announce Fourth Quarter and Full-Year 2017 Financial Results and 2018 Expectations (finance.yahoo.com)
- Curtiss-Wright Corporation (CW) Director Buys $22,697.65 in Stock (americanbankingnews.com)
- Curtiss-Wright Awarded $86 Million Contract to Provide Aerospace Instrumentation System Technology (finance.yahoo.com)
Shares of Curtiss-Wright (NYSE CW) traded up $1.10 during trading on Friday, hitting $128.74. 264,745 shares of the company were exchanged, compared to its average volume of 171,807. The firm has a market cap of $5,681.17, a PE ratio of 26.93, a P/E/G ratio of 2.01 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 has a 1-year low of $82.77 and a 1-year high of $129.39.
Curtiss-Wright (NYSE:CW) last announced its earnings results on Wednesday, October 25th. The aerospace company reported $1.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.22 by $0.21. The business had revenue of $567.90 million during the quarter, compared to analysts’ expectations of $539.28 million. Curtiss-Wright had a net margin of 9.70% and a return on equity of 15.60%. The firm’s revenue for the quarter was up 12.0% on a year-over-year basis. During the same quarter last year, the company posted $1.02 EPS. equities analysts predict that Curtiss-Wright will post 4.75 EPS for the current year.
A number of brokerages have recently issued reports on CW. Zacks Investment Research cut shares of Curtiss-Wright from a “hold” rating to a “sell” rating in a research note on Monday, October 2nd. Stifel Nicolaus began coverage on shares of Curtiss-Wright in a research note on Monday, September 18th. They issued a “hold” rating and a $100.00 price objective for the company. Robert W. Baird began coverage on shares of Curtiss-Wright in a research note on Tuesday, December 5th. They issued an “outperform” rating and a $149.00 price objective for the company. Deutsche Bank restated a “buy” rating and issued a $125.00 price objective on shares of Curtiss-Wright in a research note on Friday, October 6th. Finally, Seaport Global Securities restated a “buy” rating on shares of Curtiss-Wright in a research note on Friday, October 27th. Four equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $129.86.
In other Curtiss-Wright news, VP Paul J. Ferdenzi sold 2,651 shares of the firm’s stock in a transaction dated Thursday, October 26th. The shares were sold at an average price of $115.00, for a total value of $304,865.00. Following the completion of the sale, the vice president now owns 19,835 shares in the company, valued at approximately $2,281,025. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director S Marce Fuller sold 1,300 shares of the firm’s stock in a transaction dated 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 sale, the director now owns 13,660 shares of the company’s stock, valued at approximately $1,611,197. The disclosure for this sale can be found here. Insiders have sold a total of 50,290 shares of company stock valued at $5,969,585 in the last quarter. 1.10% of the stock is currently owned by corporate insiders.
COPYRIGHT VIOLATION NOTICE: “Curtiss-Wright (NYSE:CW) Receives Daily Coverage Optimism Score of 0.16” was originally reported by The Lincolnian Online and is the sole property of of The Lincolnian Online. If you are reading this report on another site, it was illegally copied and republished in violation of US & international copyright legislation. The correct version of this report can be viewed at https://www.thelincolnianonline.com/2018/01/14/somewhat-positive-news-coverage-somewhat-unlikely-to-affect-curtiss-wright-cw-share-price-updated-updated.html.
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.
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