Curtiss-Wright FY2024 EPS Estimate Lifted by Zacks Research

Curtiss-Wright Co. (NYSE:CW) – Analysts at Zacks Research increased their FY2024 earnings per share estimates for Curtiss-Wright in a research note issued to investors on Wednesday, November 20th. Zacks Research analyst R. Department now anticipates that the aerospace company will post earnings of $10.67 per share for the year, up from their previous estimate of $10.55. The consensus estimate for Curtiss-Wright’s current full-year earnings is $10.69 per share. Zacks Research also issued estimates for Curtiss-Wright’s Q1 2025 earnings at $2.38 EPS, Q2 2025 earnings at $2.68 EPS, FY2025 earnings at $11.42 EPS, Q1 2026 earnings at $2.77 EPS, Q2 2026 earnings at $2.87 EPS and FY2026 earnings at $12.55 EPS.

CW has been the topic of several other reports. Alembic Global Advisors assumed coverage on Curtiss-Wright in a research report on Tuesday, October 29th. They set an “overweight” rating and a $412.00 price objective on the stock. Truist Financial increased their price objective on Curtiss-Wright from $304.00 to $333.00 and gave the company a “hold” rating in a research report on Friday, November 1st. Stifel Nicolaus downgraded Curtiss-Wright from a “buy” rating to a “hold” rating and set a $370.00 target price on the stock. in a report on Monday, November 18th. StockNews.com downgraded Curtiss-Wright from a “strong-buy” rating to a “buy” rating in a report on Monday, September 23rd. Finally, Robert W. Baird increased their target price on Curtiss-Wright from $300.00 to $312.00 and gave the company an “outperform” rating in a report on Friday, August 9th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $364.40.

Curtiss-Wright Price Performance

Shares of CW stock opened at $370.76 on Friday. The stock has a market cap of $14.07 billion, a price-to-earnings ratio of 35.08 and a beta of 1.17. The business’s fifty day moving average is $348.89 and its 200 day moving average is $306.83. Curtiss-Wright has a twelve month low of $209.01 and a twelve month high of $393.40. The company has a quick ratio of 1.39, a current ratio of 1.98 and a debt-to-equity ratio of 0.39.

Curtiss-Wright Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 3rd. Investors of record on Friday, November 22nd will be paid a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.23%. The ex-dividend date is Friday, November 22nd. Curtiss-Wright’s dividend payout ratio is currently 7.95%.

Insider Buying and Selling

In other Curtiss-Wright news, VP John C. Watts sold 412 shares of Curtiss-Wright stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of $359.55, for a total transaction of $148,134.60. Following the completion of the sale, the vice president now directly owns 4,183 shares of the company’s stock, valued at $1,503,997.65. The trade was a 8.97 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.67% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Curtiss-Wright

Institutional investors and hedge funds have recently bought and sold shares of the company. Signaturefd LLC raised its position in shares of Curtiss-Wright by 7.8% in the 3rd quarter. Signaturefd LLC now owns 401 shares of the aerospace company’s stock worth $132,000 after acquiring an additional 29 shares in the last quarter. CIBC Asset Management Inc raised its position in shares of Curtiss-Wright by 3.5% in the 3rd quarter. CIBC Asset Management Inc now owns 1,103 shares of the aerospace company’s stock worth $363,000 after acquiring an additional 37 shares in the last quarter. OneDigital Investment Advisors LLC raised its position in shares of Curtiss-Wright by 3.3% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 1,162 shares of the aerospace company’s stock worth $382,000 after acquiring an additional 37 shares in the last quarter. Pathstone Holdings LLC raised its position in shares of Curtiss-Wright by 1.0% in the 3rd quarter. Pathstone Holdings LLC now owns 4,388 shares of the aerospace company’s stock worth $1,442,000 after acquiring an additional 45 shares in the last quarter. Finally, Dorsey Wright & Associates raised its position in shares of Curtiss-Wright by 0.4% in the 2nd quarter. Dorsey Wright & Associates now owns 13,002 shares of the aerospace company’s stock worth $3,523,000 after acquiring an additional 47 shares in the last quarter. 82.71% of the stock is owned by institutional investors.

About Curtiss-Wright

Curtiss-Wright Corporation, together with its subsidiaries, provides engineered products, solutions, and services mainly to aerospace and defense, commercial power, process, and industrial markets worldwide. It operates through three segments: Aerospace & Industrial, Defense Electronics, and Naval & Power.