CIRCOR International, Inc. (NYSE:CIR)’s share price hit a new 52-week low during mid-day trading on Friday . The company traded as low as $27.75 and last traded at $27.70, with a volume of 2538 shares. The stock had previously closed at $28.39.

A number of equities analysts have recently issued reports on CIR shares. Zacks Investment Research upgraded shares of CIRCOR International from a “sell” rating to a “hold” rating in a research report on Monday, December 10th. Citigroup set a $39.00 target price on shares of CIRCOR International and gave the stock a “hold” rating in a research report on Wednesday, November 7th. KeyCorp reduced their target price on shares of CIRCOR International from $53.00 to $48.00 and set an “overweight” rating on the stock in a research report on Tuesday, November 6th. Finally, ValuEngine lowered shares of CIRCOR International from a “sell” rating to a “strong sell” rating in a research report on Friday, October 19th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company. CIRCOR International has a consensus rating of “Hold” and a consensus price target of $48.80.

The company has a debt-to-equity ratio of 1.40, a quick ratio of 1.39 and a current ratio of 2.30. The company has a market capitalization of $541.15 million, a price-to-earnings ratio of 15.95 and a beta of 2.13.

CIRCOR International (NYSE:CIR) last posted its quarterly earnings results on Monday, November 5th. The industrial products company reported $0.52 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.53 by ($0.01). The business had revenue of $297.50 million for the quarter, compared to the consensus estimate of $296.49 million. CIRCOR International had a positive return on equity of 6.78% and a negative net margin of 2.22%. The company’s quarterly revenue was up 86.3% on a year-over-year basis. During the same period last year, the firm earned $0.43 earnings per share. Equities analysts anticipate that CIRCOR International, Inc. will post 2.1 EPS for the current fiscal year.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Gabelli Funds LLC raised its stake in shares of CIRCOR International by 4.5% during the second quarter. Gabelli Funds LLC now owns 1,014,552 shares of the industrial products company’s stock worth $37,498,000 after buying an additional 44,052 shares during the last quarter. Arizona State Retirement System raised its stake in shares of CIRCOR International by 11.3% during the second quarter. Arizona State Retirement System now owns 28,870 shares of the industrial products company’s stock worth $1,067,000 after buying an additional 2,938 shares during the last quarter. United Services Automobile Association raised its stake in shares of CIRCOR International by 17.3% during the second quarter. United Services Automobile Association now owns 170,173 shares of the industrial products company’s stock worth $6,290,000 after buying an additional 25,130 shares during the last quarter. Gamco Investors INC. ET AL raised its stake in shares of CIRCOR International by 20.5% during the second quarter. Gamco Investors INC. ET AL now owns 1,765,280 shares of the industrial products company’s stock worth $65,245,000 after buying an additional 300,570 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its stake in shares of CIRCOR International by 12.6% during the second quarter. Bank of New York Mellon Corp now owns 210,219 shares of the industrial products company’s stock worth $7,769,000 after buying an additional 23,529 shares during the last quarter. 90.13% of the stock is owned by institutional investors and hedge funds.

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About CIRCOR International (NYSE:CIR)

CIRCOR International, Inc designs, manufactures, and markets engineered products and sub-systems worldwide. It operates through three segments: Energy, Advanced Flow Solutions, and Fluid Handling. The Energy segment offers a range of flow control solutions and services, including valves, such as engineered trunion and floating ball valves; gate, globe, and check valves; and butterfly valves, as well as delayed coking unheading devices, and fluid catalytic converter and isolation valves.

See Also: Earnings Per Share

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