Curtiss-Wright Corporation (CW) Earning Somewhat Positive News Coverage, Report Finds
News stories about Curtiss-Wright Corporation (NYSE:CW) have been trending somewhat positive on Tuesday, AlphaOne Sentiment Analysis reports. The research group, a unit of Accern, identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real time. AlphaOne ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Curtiss-Wright Corporation earned a media sentiment score of 0.09 on AlphaOne’s scale. AlphaOne also gave media coverage about the aerospace company an impact score of 94 out of 100, meaning that recent media coverage is extremely likely to have an impact on the stock’s share price in the next several days.
Several equities analysts recently issued reports on the stock. Zacks Investment Research raised shares of Curtiss-Wright Corporation from a “sell” rating to a “hold” rating in a report on Friday, May 5th. SunTrust Banks, Inc. raised shares of Curtiss-Wright Corporation from a “hold” rating to a “buy” rating and lifted their price objective for the company from $103.00 to $112.00 in a report on Monday, June 5th. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Curtiss-Wright Corporation has an average rating of “Buy” and an average target price of $101.60.
Shares of Curtiss-Wright Corporation (NYSE:CW) traded down 0.86% during trading on Tuesday, reaching $92.24. 31,373 shares of the company traded hands. The company has a market capitalization of $4.08 billion, a price-to-earnings ratio of 22.19 and a beta of 1.23. The firm’s 50 day moving average price is $89.65 and its 200-day moving average price is $94.82. Curtiss-Wright Corporation has a 52 week low of $78.34 and a 52 week high of $107.61.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 6th. Shareholders of record on Thursday, June 22nd will be issued a dividend of $0.13 per share. The ex-dividend date of this dividend is Tuesday, June 20th. This represents a $0.52 dividend on an annualized basis and a yield of 0.56%. Curtiss-Wright Corporation’s dividend payout ratio (DPR) is presently 12.50%.
In other Curtiss-Wright Corporation news, Director S Marce Fuller sold 1,300 shares of the stock in a transaction that occurred on Wednesday, June 7th. The shares were sold at an average price of $90.65, for a total transaction of $117,845.00. Following the sale, the director now directly owns 16,260 shares in the company, valued at approximately $1,473,969. The transaction was disclosed in a document filed with the SEC, which is available through this link. 1.10% of the stock is owned by corporate insiders.
Curtiss-Wright Corporation Company Profile
Curtiss-Wright Corporation is a manufacturing and service company that designs, manufactures, and overhauls precision components and provides engineered products and services to the aerospace, defense, power generation and general industrial markets. The Company operates through three segments: Commercial/Industrial, Defense and Power.
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