Circor International Inc. (CIR) Stock Price Down 1.8%
Circor International Inc. (NYSE:CIR)’s share price traded down 1.8% during mid-day trading on Monday . The stock traded as low as $60.06 and last traded at $60.24, with a volume of 72,056 shares trading hands. The stock had previously closed at $61.36.
Several equities analysts have recently issued reports on the stock. Stifel Nicolaus raised shares of Circor International from a “hold” rating to a “buy” rating and set a $68.00 price target for the company in a report on Monday, May 2nd. Zacks Investment Research raised shares of Circor International from a “sell” rating to a “hold” rating in a report on Tuesday, May 3rd. Sidoti lowered shares of Circor International from a “buy” rating to a “neutral” rating in a research note on Tuesday, May 3rd. Finally, SunTrust Banks Inc. lowered shares of Circor International from a “neutral” rating to a “reduce” rating and set a $36.00 target price for the company. in a research note on Thursday, April 14th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $51.25.
The firm has a 50-day moving average price of $58.10 and a 200 day moving average price of $47.58. The company has a market capitalization of $994.78 million and a PE ratio of 211.82.
Circor International (NYSE:CIR) last released its quarterly earnings results on Friday, April 29th. The company reported $0.52 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.41 by $0.11. The business had revenue of $150.80 million for the quarter, compared to the consensus estimate of $139.22 million. During the same period in the previous year, the business posted $0.60 EPS. Circor International’s revenue was down 9.1% on a year-over-year basis. On average, equities research analysts predict that Circor International Inc. will post $2.17 earnings per share for the current year.
In other news, Director Douglas M. Hayes sold 10,000 shares of the firm’s stock in a transaction on Wednesday, May 25th. The shares were sold at an average price of $57.43, for a total transaction of $574,300.00. Following the completion of the transaction, the director now owns 17,556 shares of the company’s stock, valued at $1,008,241.08. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.
An institutional investor recently raised its position in Circor International stock. Rhumbline Advisers raised its stake in shares of Circor International Inc. (NYSE:CIR) by 2.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 29,445 shares of the company’s stock after buying an additional 565 shares during the period. Rhumbline Advisers owned 0.18% of Circor International worth $1,241,000 as of its most recent SEC filing.
CIRCOR International, Inc (CIRCOR) designs, manufactures and markets engineered products and sub-systems, which are used in the oil and gas, power generation, aerospace, defense and other industrial markets. The Company operates through two segments: CIRCOR Energy (Energy), and CIRCOR Aerospace & Defense (Aerospace & Defense).
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.