Earnings results for Curtiss-Wright (NYSE:CW)
Curtiss-Wright Corporation is expected* to report earnings on 02/24/2021 after market close. The report will be for the fiscal Quarter ending Dec 2020. According to Zacks Investment Research, based on 4 analysts’ forecasts, the consensus EPS forecast for the quarter is $2.34. The reported EPS for the same quarter last year was $2.12.
Analyst Opinion on Curtiss-Wright (NYSE:CW)
4 Wall Street analysts have issued ratings and price targets for Curtiss-Wright in the last 12 months. Their average twelve-month price target is $125.75, predicting that the stock has a possible upside of 7.30%. The high price target for CW is $139.00 and the low price target for CW is $115.00. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus rating of “Buy.”
Curtiss-Wright has received a consensus rating of Buy. The company’s average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings. According to analysts’ consensus price target of $125.75, Curtiss-Wright has a forecasted upside of 7.3% from its current price of $117.19. Curtiss-Wright has only been the subject of 1 research reports in the past 90 days.
Dividend Strength: Curtiss-Wright (NYSE:CW)
Curtiss-Wright has a dividend yield of 0.58%, which is in the bottom 25% of all stocks that pay dividends. Curtiss-Wright does not have a long track record of dividend growth. The dividend payout ratio of Curtiss-Wright is 9.35%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Curtiss-Wright will have a dividend payout ratio of 9.30% next year. This indicates that Curtiss-Wright will be able to sustain or increase its dividend.
Insiders buying/selling: Curtiss-Wright (NYSE:CW)
In the past three months, Curtiss-Wright insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,016,676.00 in company stock. Only 0.73% of the stock of Curtiss-Wright is held by insiders. 78.67% of the stock of Curtiss-Wright is held by institutions. High institutional ownership can be a signal of strong market trust in this company.
Earnings and Valuation of Curtiss-Wright (NYSE:CW
Earnings for Curtiss-Wright are expected to grow by 6.87% in the coming year, from $6.84 to $7.31 per share. The P/E ratio of Curtiss-Wright is 21.00, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 33.34. The P/E ratio of Curtiss-Wright is 21.00, which means that it is trading at a less expensive P/E ratio than the Aerospace sector average P/E ratio of about 76.50. Curtiss-Wright has a P/B Ratio of 2.82. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.
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