CIRCOR International’s (CIR) “Buy” Rating Reiterated at Stifel Nicolaus

Stifel Nicolaus reaffirmed their buy rating on shares of CIRCOR International (NYSE:CIRGet Rating) in a research note released on Wednesday. Stifel Nicolaus currently has a $30.00 price target on the industrial products company’s stock, up from their previous price target of $25.00.

Other research analysts have also recently issued research reports about the company. StockNews.com cut CIRCOR International from a buy rating to a hold rating in a research note on Saturday, November 12th. Citigroup boosted their price target on CIRCOR International from $19.00 to $21.00 and gave the stock a neutral rating in a research report on Thursday, August 18th. Finally, KeyCorp increased their price objective on shares of CIRCOR International from $27.00 to $29.00 and gave the company an overweight rating in a research report on Tuesday, November 15th. One investment analyst has rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of Moderate Buy and an average target price of $28.33.

CIRCOR International Stock Performance

Shares of CIR stock opened at $25.18 on Wednesday. The company has a current ratio of 2.29, a quick ratio of 1.41 and a debt-to-equity ratio of 4.11. The company has a market cap of $512.66 million, a PE ratio of -34.49 and a beta of 2.13. The company’s fifty day simple moving average is $18.69 and its 200-day simple moving average is $17.87. CIRCOR International has a 52 week low of $13.26 and a 52 week high of $34.11.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. US Bancorp DE lifted its position in shares of CIRCOR International by 453.7% during the third quarter. US Bancorp DE now owns 2,752 shares of the industrial products company’s stock worth $45,000 after purchasing an additional 2,255 shares in the last quarter. Mutual of America Capital Management LLC lifted its position in shares of CIRCOR International by 19.1% during the third quarter. Mutual of America Capital Management LLC now owns 4,051 shares of the industrial products company’s stock worth $67,000 after purchasing an additional 649 shares in the last quarter. Quantbot Technologies LP lifted its position in shares of CIRCOR International by 145.6% during the third quarter. Quantbot Technologies LP now owns 5,373 shares of the industrial products company’s stock worth $88,000 after purchasing an additional 3,185 shares in the last quarter. BNP Paribas Arbitrage SNC lifted its position in shares of CIRCOR International by 52.4% during the third quarter. BNP Paribas Arbitrage SNC now owns 8,910 shares of the industrial products company’s stock worth $147,000 after purchasing an additional 3,062 shares in the last quarter. Finally, State of Tennessee Treasury Department lifted its position in shares of CIRCOR International by 17.9% during the first quarter. State of Tennessee Treasury Department now owns 7,594 shares of the industrial products company’s stock worth $202,000 after purchasing an additional 1,151 shares in the last quarter. 94.50% of the stock is owned by institutional investors and hedge funds.

About CIRCOR International

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CIRCOR International, Inc designs, manufactures, and distributes flow and motion control products in Europe, the Middle East, Africa, North America, and internationally. The company has a product portfolio of brands serving its customers' demanding applications. It operates through two segments, Aerospace & Defense and Industrial.

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