Curtiss-Wright (NYSE:CW) Receiving Favorable News Coverage, Study Finds

News coverage about Curtiss-Wright (NYSE:CW) has been trending positive this week, Accern reports. The research firm identifies negative and positive press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Curtiss-Wright earned a media sentiment score of 0.28 on Accern’s scale. Accern also assigned news articles about the aerospace company an impact score of 46.1041928599144 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

Here are some of the media stories that may have impacted Accern Sentiment’s analysis:

Curtiss-Wright (CW) traded down $1.52 on Wednesday, reaching $135.12. 32,070 shares of the company’s stock traded hands, compared to its average volume of 224,368. The company has a current ratio of 2.37, a quick ratio of 1.73 and a debt-to-equity ratio of 0.53. Curtiss-Wright has a 12 month low of $82.77 and a 12 month high of $140.07. The stock has a market capitalization of $6,071.27, a P/E ratio of 28.41, a P/E/G ratio of 1.92 and a beta of 1.17.

Curtiss-Wright (NYSE:CW) last released its quarterly earnings data on Wednesday, February 21st. The aerospace company reported $1.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.46 by $0.29. Curtiss-Wright had a net margin of 9.46% and a return on equity of 15.46%. The company had revenue of $611.88 million during the quarter, compared to the consensus estimate of $589.22 million. equities research analysts anticipate that Curtiss-Wright will post 5.8 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 12th. Shareholders of record on Thursday, March 29th will be paid a dividend of $0.15 per share. The ex-dividend date of this dividend is Wednesday, March 28th. This represents a $0.60 annualized dividend and a yield of 0.44%. Curtiss-Wright’s dividend payout ratio is currently 12.47%.

Several equities analysts recently commented on CW shares. Zacks Investment Research raised shares of Curtiss-Wright from a “hold” rating to a “buy” rating and set a $154.00 price target for the company in a research report on Tuesday, February 27th. Seaport Global Securities reaffirmed a “buy” rating and set a $150.00 price target on shares of Curtiss-Wright in a research report on Monday, February 26th. Stifel Nicolaus upped their price target on shares of Curtiss-Wright from $126.00 to $139.00 and gave the stock a “hold” rating in a research report on Tuesday, January 16th. William Blair reaffirmed a “market perform” rating on shares of Curtiss-Wright in a research report on Thursday, February 22nd. Finally, Wells Fargo & Co raised shares of Curtiss-Wright from a “market perform” rating to an “outperform” rating and set a $120.00 price target for the company in a research report on Tuesday, January 16th. Three analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $137.63.

In other news, Director Albert E. Smith sold 1,700 shares of the company’s stock in a transaction on Tuesday, January 2nd. The shares were sold at an average price of $122.35, for a total value of $207,995.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO David Charles Adams sold 17,414 shares of the company’s stock in a transaction on Wednesday, March 7th. The shares were sold at an average price of $135.00, for a total transaction of $2,350,890.00. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 53,854 shares of company stock valued at $7,000,065. 1.10% of the stock is owned by insiders.

COPYRIGHT VIOLATION NOTICE: “Curtiss-Wright (NYSE:CW) Receiving Favorable News Coverage, Study Finds” was first published by Equities Focus and is the property of of Equities Focus. If you are accessing this story on another site, it was stolen and reposted in violation of US & international trademark and copyright law. The original version of this story can be read at https://www.equitiesfocus.com/2018/03/14/favorable-press-coverage-somewhat-unlikely-to-impact-curtiss-wright-cw-share-price.html.

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.

Insider Buying and Selling by Quarter for Curtiss-Wright (NYSE:CW)

Receive News & Ratings for Curtiss-Wright Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Curtiss-Wright and related companies with MarketBeat.com's FREE daily email newsletter.



Leave a Reply