Curtiss-Wright Corporation (NYSE:CW) – Research analysts at Seaport Global Securities increased their Q3 2017 earnings estimates for shares of Curtiss-Wright Corporation in a note issued to investors on Friday. Seaport Global Securities analyst R. Cassil now expects that the aerospace company will earn $1.16 per share for the quarter, up from their prior estimate of $1.14. Seaport Global Securities also issued estimates for Curtiss-Wright Corporation’s Q4 2017 earnings at $1.56 EPS, FY2017 earnings at $4.57 EPS, Q2 2018 earnings at $1.23 EPS, Q4 2018 earnings at $1.71 EPS and FY2018 earnings at $5.09 EPS.

CW has been the topic of a number of other research reports. Zacks Investment Research raised shares of Curtiss-Wright Corporation from a “sell” rating to a “hold” rating in a research report on Friday, May 5th. BidaskClub raised shares of Curtiss-Wright Corporation from a “sell” rating to a “hold” rating in a research report on Tuesday. Finally, SunTrust Banks, Inc. raised shares of Curtiss-Wright Corporation from a “hold” rating to a “buy” rating and upped their price target for the company from $103.00 to $112.00 in a research report on Monday, June 5th. Four research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $104.00.

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Shares of Curtiss-Wright Corporation (CW) opened at 96.66 on Monday. The firm has a market cap of $4.27 billion, a P/E ratio of 21.93 and a beta of 1.25. The company’s 50-day moving average price is $93.64 and its 200 day moving average price is $93.28. Curtiss-Wright Corporation has a 52 week low of $82.77 and a 52 week high of $107.61.

Curtiss-Wright Corporation (NYSE:CW) last issued its quarterly earnings data on Wednesday, July 26th. The aerospace company reported $1.13 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.97 by $0.16. The business had revenue of $567.70 million for the quarter, compared to the consensus estimate of $546.73 million. Curtiss-Wright Corporation had a return on equity of 14.79% and a net margin of 9.14%. The firm’s revenue was up 6.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.88 EPS.

In other Curtiss-Wright Corporation news, Director S Marce Fuller sold 1,300 shares of the company’s stock in a transaction on Tuesday, August 1st. The shares were sold at an average price of $96.16, for a total transaction of $125,008.00. Following the sale, the director now owns 14,960 shares of the company’s stock, valued at $1,438,553.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 1.10% of the company’s stock.

Several institutional investors have recently made changes to their positions in the stock. TrimTabs Asset Management LLC raised its position in shares of Curtiss-Wright Corporation by 88.6% in the first quarter. TrimTabs Asset Management LLC now owns 1,175 shares of the aerospace company’s stock valued at $107,000 after buying an additional 552 shares in the last quarter. Meadow Creek Investment Management LLC raised its position in shares of Curtiss-Wright Corporation by 7.3% in the first quarter. Meadow Creek Investment Management LLC now owns 1,408 shares of the aerospace company’s stock valued at $129,000 after buying an additional 96 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of Curtiss-Wright Corporation by 9.5% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,656 shares of the aerospace company’s stock valued at $152,000 after buying an additional 143 shares in the last quarter. Neuburgh Advisers LLC raised its position in shares of Curtiss-Wright Corporation by 7.3% in the first quarter. Neuburgh Advisers LLC now owns 1,936 shares of the aerospace company’s stock valued at $177,000 after buying an additional 132 shares in the last quarter. Finally, Harbour Capital Advisors LLC raised its position in shares of Curtiss-Wright Corporation by 93.2% in the second quarter. Harbour Capital Advisors LLC now owns 16,520 shares of the aerospace company’s stock valued at $180,000 after buying an additional 7,970 shares in the last quarter. Hedge funds and other institutional investors own 77.03% of the company’s stock.

Curtiss-Wright Corporation 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.

Earnings History and Estimates for Curtiss-Wright Corporation (NYSE:CW)

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