Curtiss-Wright Rating Lowered to Hold at Capstone Investments (CW)
A number of other analysts have also recently weighed in on CW. Analysts at Capstone downgraded shares of Curtiss-Wright from a “buy” rating to a “hold” rating in a research note to investors on Thursday. Separately, analysts at Deutsche Bank (NYSE: DB) downgraded shares of Curtiss-Wright from a “buy” rating to a “hold” rating in a research note to investors on Wednesday, February 15th. They now have a $42.00 price target on the stock, up previously from $41.00. Finally, analysts at Wedbush upgraded shares of Curtiss-Wright from a “neutral” rating to an “outperform” rating in a research note to investors on Tuesday, February 14th. They now have a $48.00 price target on the stock, up previously from $36.00.
Curtiss-Wright traded down 1.18% on Thursday, hitting $33.53. Curtiss-Wright has a 52-week low of $25.67 and a 52-week high of $41.91. The company has a market cap of $1.565 billion and a price-to-earnings ratio of 10.88.
The company last announced its quarterly results on Tuesday, February 14th. It reported $0.84 earnings per share (EPS) for the previous quarter, meeting the Thomson Reuters consensus estimate of $0.84 EPS. The company’s quarterly revenue was up 7.2% on a year-over-year basis. Analysts expect that Curtiss-Wright will post $0.78 EPS next quarter.
Curtiss-Wright Corporation designs and manufactures highly engineered, advanced technologies that perform critical functions in the defense, energy, commercial aerospace and general industrial markets.