News stories about CIRCOR International (NYSE:CIR) have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. CIRCOR International earned a news sentiment score of 0.09 on Accern’s scale. Accern also assigned media coverage about the industrial products company an impact score of 45.2054928684673 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Here are some of the headlines that may have impacted Accern Sentiment Analysis’s analysis:
- Instrumentation Fittings Market to be Worth US$2,417.2 Mn by 2025: New Report by TMR (itbusinessnet.com)
- CIRCOR International, Inc. (CIR) Given Consensus Rating of “Hold” by Analysts (americanbankingnews.com)
- CIRCOR International (CIR) Scheduled to Post Earnings on Thursday (americanbankingnews.com)
- BRIEF-Circor International – Entered Interest Rate Swap Pursuant To International Swaps And Derivatives Association Master Agreement (uk.reuters.com)
- Circor International Inc.: CIRCOR Announces Dates for First-Quarter 2018 Earnings Release and Conference Call (twst.com)
CIR has been the topic of several research analyst reports. ValuEngine downgraded CIRCOR International from a “hold” rating to a “sell” rating in a research note on Saturday, February 17th. Zacks Investment Research downgraded CIRCOR International from a “buy” rating to a “hold” rating in a research note on Friday, March 2nd. Stifel Nicolaus raised their price objective on CIRCOR International from $52.00 to $61.00 and gave the stock a “buy” rating in a research note on Tuesday, January 16th. Finally, SunTrust Banks reaffirmed a “buy” rating and set a $56.00 price objective on shares of CIRCOR International in a research note on Friday, March 2nd. Four research analysts have rated the stock with a sell rating and four have issued a buy rating to the stock. CIRCOR International presently has an average rating of “Hold” and a consensus price target of $59.50.
CIR opened at $45.15 on Friday. CIRCOR International has a 1 year low of $40.58 and a 1 year high of $68.76. The stock has a market capitalization of $893.65, a price-to-earnings ratio of 26.40 and a beta of 1.71. The company has a debt-to-equity ratio of 1.31, a quick ratio of 1.22 and a current ratio of 1.98.
CIRCOR International (NYSE:CIR) last released its quarterly earnings results on Wednesday, February 28th. The industrial products company reported $0.57 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.48 by $0.09. CIRCOR International had a return on equity of 6.06% and a net margin of 1.78%. The firm had revenue of $205.58 million for the quarter, compared to the consensus estimate of $170.60 million. During the same quarter last year, the business posted $0.48 EPS. The company’s revenue for the quarter was up 29.9% on a year-over-year basis. analysts expect that CIRCOR International will post 2.21 EPS for the current fiscal year.
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CIRCOR International Company Profile
CIRCOR International, Inc designs, manufactures, and markets engineered products and sub-systems worldwide. It operates through three segments: Energy, Advanced Flow Solutions, and Fluid Handling. The Energy segment offers a range of flow control solutions and services, including valves, such as engineered trunion and floating ball valves; gate, globe, and check valves; and butterfly valves, as well as delayed coking unheading devices, and fluid catalytic converter and isolation valves.
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