Somewhat Favorable Press Coverage Somewhat Unlikely to Affect CIRCOR International (CIR) Share Price
Media headlines about CIRCOR International (NYSE:CIR) have been trending somewhat positive recently, according to Accern Sentiment. The research group identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. CIRCOR International earned a media sentiment score of 0.16 on Accern’s scale. Accern also gave news headlines about the industrial products company an impact score of 46.1587271701326 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Several equities research analysts have commented on CIR shares. Zacks Investment Research lowered shares of CIRCOR International from a “hold” rating to a “strong sell” rating in a research note on Tuesday, October 17th. Stifel Nicolaus reiterated a “buy” rating and issued a $61.00 price objective on shares of CIRCOR International in a research note on Sunday, September 3rd. KeyCorp upgraded shares of CIRCOR International from a “sector weight” rating to an “overweight” rating and set a $53.00 price objective for the company in a research note on Monday, November 6th. Finally, BidaskClub lowered shares of CIRCOR International from a “hold” rating to a “sell” rating in a research note on Thursday, July 27th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $61.00.
CIRCOR International (NYSE CIR) traded up $0.20 during trading on Friday, hitting $44.80. 67,571 shares of the stock were exchanged, compared to its average volume of 106,355. CIRCOR International has a 1 year low of $42.25 and a 1 year high of $72.96. The company has a market cap of $742.54, a P/E ratio of 27.74 and a beta of 1.55. The company has a quick ratio of 1.85, a current ratio of 3.20 and a debt-to-equity ratio of 0.58.
CIRCOR International (NYSE:CIR) last released its earnings results on Friday, October 27th. The industrial products company reported $0.43 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.40 by $0.03. CIRCOR International had a net margin of 2.50% and a return on equity of 6.30%. The firm had revenue of $159.70 million during the quarter, compared to the consensus estimate of $154.65 million. During the same period in the prior year, the firm earned $0.46 EPS. The company’s revenue was up 18.5% compared to the same quarter last year. research analysts expect that CIRCOR International will post 1.61 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 12th. Stockholders of record on Tuesday, November 28th will be given a dividend of $0.0375 per share. This represents a $0.15 dividend on an annualized basis and a dividend yield of 0.33%. The ex-dividend date is Monday, November 27th. CIRCOR International’s dividend payout ratio is currently 16.30%.
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)).
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