KeyCorp restated their hold rating on shares of CIRCOR International, Inc. (NYSE:CIR) in a research report report published on Tuesday morning.

Other analysts have also issued research reports about the company. BidaskClub lowered CIRCOR International from a sell rating to a strong sell rating in a research note on Friday, August 4th. SunTrust Banks, Inc. upgraded CIRCOR International from a hold rating to a buy rating and reduced their target price for the stock from $65.00 to $60.00 in a research note on Tuesday, August 1st. Zacks Investment Research lowered CIRCOR International from a hold rating to a strong sell rating in a research note on Wednesday, August 2nd. Stifel Nicolaus reiterated a buy rating and issued a $61.00 target price on shares of CIRCOR International in a research note on Sunday, September 3rd. Finally, ValuEngine upgraded CIRCOR International from a sell rating to a hold rating in a research note on Friday, June 2nd. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company. CIRCOR International currently has a consensus rating of Hold and an average price target of $64.00.

CIRCOR International (NYSE:CIR) opened at 54.43 on Tuesday. CIRCOR International has a one year low of $46.97 and a one year high of $72.96. The company has a market cap of $898.04 million, a PE ratio of 55.88 and a beta of 1.67. The stock has a 50 day moving average of $48.95 and a 200 day moving average of $57.80.

CIRCOR International (NYSE:CIR) last released its quarterly earnings results on Friday, July 28th. The industrial products company reported $0.39 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.46 by ($0.07). CIRCOR International had a net margin of 2.74% and a return on equity of 6.55%. The company had revenue of $151.20 million for the quarter, compared to analysts’ expectations of $158.09 million. During the same quarter in the previous year, the company posted $0.53 EPS. The business’s quarterly revenue was up 3.1% on a year-over-year basis. On average, analysts anticipate that CIRCOR International will post $1.72 earnings per share for the current fiscal year.

ILLEGAL ACTIVITY NOTICE: This piece was originally posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this piece on another publication, it was copied illegally and republished in violation of US & international copyright and trademark laws. The legal version of this piece can be read at https://www.thecerbatgem.com/2017/09/30/circor-international-inc-cir-rating-reiterated-by-keycorp.html.

A number of hedge funds have recently added to or reduced their stakes in the business. Piedmont Investment Advisors LLC purchased a new stake in CIRCOR International in the second quarter worth $212,000. Quantbot Technologies LP grew its position in shares of CIRCOR International by 454.0% during the 2nd quarter. Quantbot Technologies LP now owns 3,014 shares of the industrial products company’s stock worth $178,000 after buying an additional 2,470 shares in the last quarter. California Public Employees Retirement System grew its position in shares of CIRCOR International by 2.3% during the 2nd quarter. California Public Employees Retirement System now owns 13,600 shares of the industrial products company’s stock worth $808,000 after buying an additional 300 shares in the last quarter. Thrivent Financial For Lutherans grew its position in shares of CIRCOR International by 2.5% during the 2nd quarter. Thrivent Financial For Lutherans now owns 101,256 shares of the industrial products company’s stock worth $6,012,000 after buying an additional 2,480 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its position in shares of CIRCOR International by 0.8% during the 2nd quarter. Ameriprise Financial Inc. now owns 86,598 shares of the industrial products company’s stock worth $5,142,000 after buying an additional 648 shares in the last quarter.

About CIRCOR International

CIRCOR International, Inc (CIRCOR) designs, manufactures and markets engineered products and sub-systems for markets, including oil and gas, aerospace, power and process, and industrial solutions. The Company operates through two segments: CIRCOR Energy (Energy segment (Energy)) and CIRCOR Advanced Flow Solutions (Advanced Flow Solutions segment (AFS)).

Analyst Recommendations for CIRCOR International (NYSE:CIR)

Receive News & Stock Ratings for CIRCOR International Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CIRCOR International Inc. and related stocks with our FREE daily email newsletter.