Curtiss-Wright (NYSE:CW) Issues FY 2025 Earnings Guidance

Curtiss-Wright (NYSE:CW) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 12.100-12.400 for the period, compared to the consensus estimate of 11.940. The company issued revenue guidance of $3.3 billion-$3.4 billion, compared to the consensus revenue estimate of $3.3 billion.

Wall Street Analyst Weigh In

CW has been the topic of a number of recent analyst reports. Truist Financial upped their price objective on Curtiss-Wright from $333.00 to $357.00 and gave the company a “hold” rating in a report on Tuesday, January 14th. Alembic Global Advisors initiated coverage on Curtiss-Wright in a research note on Tuesday, October 29th. They issued an “overweight” rating and a $412.00 price target on the stock. Morgan Stanley raised their price objective on Curtiss-Wright from $334.00 to $395.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 5th. Citigroup assumed coverage on shares of Curtiss-Wright in a report on Tuesday, January 21st. They issued a “buy” rating and a $410.00 price objective on the stock. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on shares of Curtiss-Wright in a research note on Thursday, December 5th. They set a “buy” rating and a $452.00 target price for the company. Two analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat, Curtiss-Wright presently has a consensus rating of “Moderate Buy” and a consensus price target of $386.86.

Curtiss-Wright Trading Down 2.5 %

CW traded down $8.76 during mid-day trading on Wednesday, hitting $341.92. 299,834 shares of the stock were exchanged, compared to its average volume of 282,390. The company has a market cap of $12.98 billion, a PE ratio of 32.35, a PEG ratio of 2.50 and a beta of 1.19. The company has a current ratio of 1.98, a quick ratio of 1.39 and a debt-to-equity ratio of 0.39. The firm’s fifty day moving average is $359.19 and its two-hundred day moving average is $341.02. Curtiss-Wright has a 1-year low of $225.33 and a 1-year high of $393.40.

Curtiss-Wright (NYSE:CW) last issued its quarterly earnings results on Wednesday, February 12th. The aerospace company reported $3.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.12 by $0.15. Curtiss-Wright had a net margin of 13.20% and a return on equity of 17.21%. Equities analysts forecast that Curtiss-Wright will post 10.72 earnings per share for the current fiscal year.

Curtiss-Wright Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 14th. Stockholders of record on Thursday, March 27th will be given a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.25%. The ex-dividend date is Thursday, March 27th. Curtiss-Wright’s dividend payout ratio is currently 7.95%.

Insider Activity at Curtiss-Wright

In other Curtiss-Wright news, CEO Lynn M. Bamford sold 7,129 shares of the business’s stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of $368.80, for a total transaction of $2,629,175.20. Following the completion of the transaction, the chief executive officer now owns 28,688 shares in the company, valued at $10,580,134.40. The trade was a 19.90 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, VP John C. Watts sold 622 shares of the firm’s stock in a transaction on Wednesday, February 5th. The shares were sold at an average price of $347.05, for a total transaction of $215,865.10. Following the completion of the sale, the vice president now owns 5,072 shares in the company, valued at $1,760,237.60. The trade was a 10.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders purchased 116 shares of company stock worth $35,278 and sold 23,064 shares worth $8,157,322. 0.67% of the stock is currently owned by company insiders.

About Curtiss-Wright

Curtiss-Wright Corporation, together with its subsidiaries, provides engineered products, solutions, and services mainly to aerospace and defense, commercial power, process, and industrial markets worldwide. It operates through three segments: Aerospace & Industrial, Defense Electronics, and Naval & Power.