Curtiss-Wright Q1 EPS Estimate Increased by Zacks Research

Curtiss-Wright Corporation (NYSE:CW) – Investment analysts at Zacks Research upped their Q1 2027 earnings per share estimates for shares of Curtiss-Wright in a report issued on Tuesday, June 24th. Zacks Research analyst R. Department now forecasts that the aerospace company will post earnings per share of $3.00 for the quarter, up from their previous estimate of $2.99. The consensus estimate for Curtiss-Wright’s current full-year earnings is $12.32 per share.

Other analysts have also recently issued research reports about the company. Wall Street Zen cut Curtiss-Wright from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 24th. Stifel Nicolaus lowered their price objective on Curtiss-Wright from $331.00 to $309.00 and set a “hold” rating for the company in a research report on Monday, April 14th. Robert W. Baird raised their price objective on Curtiss-Wright from $432.00 to $500.00 and gave the stock an “outperform” rating in a research report on Thursday, May 22nd. Citigroup raised their target price on Curtiss-Wright from $444.00 to $520.00 and gave the stock a “buy” rating in a research note on Monday, June 9th. Finally, Truist Financial reduced their target price on Curtiss-Wright from $357.00 to $338.00 and set a “hold” rating for the company in a research note on Thursday, April 17th. Two equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat, Curtiss-Wright presently has an average rating of “Moderate Buy” and an average target price of $418.00.

Curtiss-Wright Stock Up 1.0%

Curtiss-Wright stock opened at $487.73 on Friday. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.89 and a quick ratio of 1.28. The stock has a market capitalization of $18.37 billion, a price-to-earnings ratio of 43.39, a PEG ratio of 3.20 and a beta of 1.14. Curtiss-Wright has a 1-year low of $258.85 and a 1-year high of $487.70. The business has a fifty day moving average price of $416.70 and a 200-day moving average price of $364.57.

Curtiss-Wright (NYSE:CW) last announced its earnings results on Wednesday, May 7th. The aerospace company reported $2.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.39 by $0.43. The business had revenue of $805.65 million for the quarter, compared to analysts’ expectations of $767.32 million. Curtiss-Wright had a return on equity of 18.02% and a net margin of 13.38%. The business’s revenue for the quarter was up 13.0% on a year-over-year basis. During the same quarter last year, the firm earned $1.99 EPS.

Curtiss-Wright Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, July 7th. Shareholders of record on Monday, June 16th will be paid a dividend of $0.24 per share. The ex-dividend date is Monday, June 16th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 0.20%. This is a positive change from Curtiss-Wright’s previous quarterly dividend of $0.21. Curtiss-Wright’s dividend payout ratio (DPR) is presently 8.54%.

Insider Buying and Selling at Curtiss-Wright

In related news, CFO K Christopher Farkas sold 4,780 shares of Curtiss-Wright stock in a transaction dated Thursday, May 1st. The stock was sold at an average price of $350.00, for a total value of $1,673,000.00. Following the sale, the chief financial officer now directly owns 9,253 shares in the company, valued at approximately $3,238,550. The trade was a 34.06% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, VP John C. Watts sold 450 shares of Curtiss-Wright stock in a transaction dated Thursday, May 29th. The stock was sold at an average price of $449.36, for a total value of $202,212.00. Following the completion of the sale, the vice president now owns 4,959 shares in the company, valued at approximately $2,228,376.24. The trade was a 8.32% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 7,130 shares of company stock worth $2,726,412. Insiders own 0.55% of the company’s stock.

Institutional Investors Weigh In On Curtiss-Wright

Institutional investors have recently bought and sold shares of the company. Sowell Financial Services LLC acquired a new position in shares of Curtiss-Wright during the 1st quarter worth approximately $240,000. Mission Wealth Management LP acquired a new position in shares of Curtiss-Wright during the 1st quarter worth approximately $206,000. Athena Investment Management acquired a new position in shares of Curtiss-Wright during the 4th quarter worth approximately $302,000. Daiwa Securities Group Inc. boosted its holdings in shares of Curtiss-Wright by 1,694.7% during the 4th quarter. Daiwa Securities Group Inc. now owns 11,863 shares of the aerospace company’s stock worth $4,210,000 after purchasing an additional 11,202 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in shares of Curtiss-Wright by 28.9% during the 4th quarter. JPMorgan Chase & Co. now owns 153,631 shares of the aerospace company’s stock worth $54,519,000 after purchasing an additional 34,489 shares during the last quarter. 82.71% of the stock is currently owned by institutional investors and hedge funds.

Curtiss-Wright Company Profile

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.