Curtiss-Wright (NYSE:CW) had its price target raised by Stifel Nicolaus from $126.00 to $139.00 in a research report released on Tuesday, Marketbeat reports. They currently have a hold rating on the aerospace company’s stock.

CW has been the subject of a number of other reports. Zacks Investment Research lowered shares of Curtiss-Wright from a hold rating to a sell rating in a report on Monday, October 2nd. Robert W. Baird began coverage on shares of Curtiss-Wright in a report 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 report on Friday, October 6th. Seaport Global Securities restated a buy rating on shares of Curtiss-Wright in a report on Friday, October 27th. Finally, SunTrust Banks restated a buy rating and issued a $128.00 price objective on shares of Curtiss-Wright in a report on Friday, October 20th. Three research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The stock presently has a consensus rating of Buy and a consensus target price of $132.00.

Shares of Curtiss-Wright (NYSE:CW) traded up $1.25 during midday trading on Tuesday, reaching $132.35. 151,390 shares of the company were exchanged, compared to its average volume of 217,455. Curtiss-Wright has a 52 week low of $82.77 and a 52 week high of $134.44. The stock has a market cap of $5,790.00, a price-to-earnings ratio of 27.23, a P/E/G ratio of 2.01 and a beta of 1.26. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.48 and a current ratio of 2.08.

Curtiss-Wright (NYSE:CW) last announced its quarterly earnings data on Wednesday, October 25th. The aerospace company reported $1.43 earnings per share for the quarter, topping analysts’ consensus estimates of $1.22 by $0.21. Curtiss-Wright had a net margin of 9.70% and a return on equity of 15.60%. The company had revenue of $567.90 million during the quarter, compared to analyst estimates of $539.28 million. During the same period in the previous year, the business earned $1.02 EPS. The firm’s revenue for the quarter was up 12.0% on a year-over-year basis. equities research analysts predict that Curtiss-Wright will post 4.75 earnings per share for the current year.

In other Curtiss-Wright news, Director Albert E. Smith sold 1,700 shares of Curtiss-Wright stock in a transaction that occurred on Tuesday, January 2nd. The shares were sold at an average price of $122.35, for a total value of $207,995.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Glenn E. Tynan sold 2,082 shares of Curtiss-Wright stock in a transaction that occurred on Thursday, November 16th. The stock was sold at an average price of $120.00, for a total transaction of $249,840.00. The disclosure for this sale can be found here. In the last ninety days, insiders sold 50,290 shares of company stock valued at $5,969,585. 1.10% of the stock is currently owned by insiders.

Several hedge funds have recently modified their holdings of the company. BlackRock Inc. grew its position in shares of Curtiss-Wright by 0.6% during the 2nd quarter. BlackRock Inc. now owns 5,130,026 shares of the aerospace company’s stock valued at $470,833,000 after acquiring an additional 30,422 shares during the period. State Street Corp grew its position in shares of Curtiss-Wright by 5.8% during the 2nd quarter. State Street Corp now owns 1,776,207 shares of the aerospace company’s stock valued at $163,017,000 after acquiring an additional 97,137 shares during the period. Boston Partners grew its position in shares of Curtiss-Wright by 44.8% during the 3rd quarter. Boston Partners now owns 1,361,557 shares of the aerospace company’s stock valued at $142,337,000 after acquiring an additional 421,332 shares during the period. Northern Trust Corp grew its position in shares of Curtiss-Wright by 1.5% during the 2nd quarter. Northern Trust Corp now owns 1,241,364 shares of the aerospace company’s stock valued at $113,933,000 after acquiring an additional 17,769 shares during the period. Finally, Bank of New York Mellon Corp grew its position in shares of Curtiss-Wright by 0.4% during the 3rd quarter. Bank of New York Mellon Corp now owns 943,289 shares of the aerospace company’s stock valued at $98,612,000 after acquiring an additional 4,064 shares during the period. 76.17% of the stock is owned by hedge funds and other institutional investors.

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Curtiss-Wright Company Profile

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.

Analyst Recommendations for Curtiss-Wright (NYSE:CW)

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