Institutional Investor's Pro-Curtiss Wright Corp (NYSE:CW) Sentiment In Q4 2017

(NYSE:CW) to report $550.17 million in sales for the current fiscal quarter, according to Zacks. Curtiss-Wright reported sales of $523.59 million during the same quarter last year, which indicates a positive year-over-year growth rate of 5.1%. A month ago, analyst EPS consensus estimated earnings of US$0.9 per share. For the next year, analysts forecast that the business will post sales of $2.50 billion per share, with estimates ranging from $2.46 billion to $2.60 billion. Chicago-based equity research firm Zacks Investment Research has assigned this stock ABR (Average Brokerage Recommendation) of 1.57, indicating analysts in general look favorably on the company's future prospects. Curtiss-Wright Corporation (NYSE:CW) is -1.79% from the 52 week high and 66.20% from the one year low. The aerospace company reported $1.75 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $1.46 by $0.29. Curtiss-Wright had a net margin of 9.46% and a return on equity of 15.46%. The company had revenue of $611.88 million during the quarter, compared to analysts' expectations of $589.22 million.

Other analysts have also issued research reports about the company.

The analysts offering 12 month price targets for Curtiss-Wright Corporation have a median target of $150, with a high estimate of $155 and a low estimate of $141. Finally, CL King lowered Curtiss-Wright Corporation from a buy rating to a neutral rating in a research note on Friday, November 11th. Zacks Investment Research downgraded shares of Curtiss-Wright from a "buy" rating to a "hold" rating in a report on Thursday, February 1st. Stifel Nicolaus boosted their price objective on shares of Curtiss-Wright from $126.00 to $139.00 and gave the company a "hold" rating in a report on Tuesday, January 16th. Research analysts often publish stock price targets along with buy-sell recommendations. The company now has a consensus rating of "Buy" and an average target price of $137.63. Considering that the stock recent volume of 174582 shares, this represents a noteworthy trading in volume size. The shares were sold at an average price of $137.26, for a total transaction of $1,990,270.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Moreover, Botty Investors Llc has 1.49% invested in the company for 39,239 shares. The disclosure for this sale can be found here. Insiders have sold a total of 52,154 shares of company stock valued at $6,792,070 in the last three months. Some investors may watch sell-side targets very closely and use the data to help with their own stock research. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of Curtiss-Wright by 49.3% during the 4th quarter. Institutional owners hold 79.30% stake while Insiders ownership held at 0.60% in the company. Prudential Financial Inc. raised its position in Curtiss-Wright by 51.0% in the third quarter. Geode Capital Management LLC now owns 447,170 shares of the aerospace company's stock worth $54,487,000 after purchasing an additional 10,305 shares in the last quarter. Schwab Charles Investment Management Inc. raised its position in Curtiss-Wright by 9.3% in the fourth quarter. Wells Fargo & Company MN now owns 290,269 shares of the aerospace company's stock worth $30,345,000 after acquiring an additional 53,908 shares during the period. Finally, Wells Fargo & Company MN raised its position in Curtiss-Wright by 22.1% in the fourth quarter. Vanguard Group Inc. now owns 3,013,252 shares of the company's stock worth $253,866,000 after buying an additional 125,895 shares during the last quarter. Mesirow Invest Management stated it has 1.42% of its portfolio in Curtiss-Wright Corporation (NYSE:CW). The shares were sold at an average price of $120.25, for a total value of $84,175.00. Its up 0.07, from 1.24 in 2017Q3. Investors may also be tracking the current stock price in relation to its 52-week high and low. The firm has a market cap of $6,026.23, a PE ratio of 27.35, a P/E/G ratio of 1.80 and a beta of 1.18.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 12th. Stockholders of record on Thursday, March 29th will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Wednesday, March 28th.

Curtiss-Wright Corp (CW) now has a 14-day Commodity Channel Index (CCI) of 94.31.

COPYRIGHT VIOLATION NOTICE: This report was first reported by Week Herald and is the property of of Week Herald.

The Company operates through three segments: Commercial/Industrial, which provides a diversified offering of engineered products and services supporting applications primarily across the commercial aerospace and general industrial markets; Defense, which consists of businesses that primarily provide products to the defense markets and to the commercial aerospace market, and Power, which consists of businesses that primarily provide products to the power generation markets and to the naval defense market.

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