Curtiss-Wright Corporation (NYSE:CW) – Equities research analysts at Seaport Global Securities boosted their Q3 2017 EPS estimates for Curtiss-Wright Corporation in a report issued on Friday. Seaport Global Securities analyst R. Cassil now forecasts that the aerospace company will post earnings of $1.16 per share for the quarter, up from their previous forecast of $1.14. Seaport Global Securities also issued estimates for Curtiss-Wright Corporation’s Q4 2017 earnings at $1.56 EPS, FY2017 earnings at $4.57 EPS, Q2 2018 earnings at $1.23 EPS, Q4 2018 earnings at $1.71 EPS and FY2018 earnings at $5.09 EPS.

Other research analysts have also issued research reports about the company. SunTrust Banks, Inc. raised Curtiss-Wright Corporation from a “hold” rating to a “buy” rating and increased their price objective for the company from $103.00 to $112.00 in a report on Monday, June 5th. Zacks Investment Research lowered Curtiss-Wright Corporation from a “hold” rating to a “sell” rating in a report on Tuesday, April 25th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $104.00.

TRADEMARK VIOLATION WARNING: “Seaport Global Securities Research Analysts Raise Earnings Estimates for Curtiss-Wright Corporation (NYSE:CW)” was first published by Daily Political and is owned by of Daily Political. If you are reading this article on another domain, it was copied illegally and reposted in violation of United States and international trademark and copyright legislation. The legal version of this article can be read at

Curtiss-Wright Corporation (NYSE CW) opened at 97.88 on Monday. Curtiss-Wright Corporation has a 12-month low of $82.77 and a 12-month high of $107.61. The stock has a market cap of $4.32 billion, a PE ratio of 22.21 and a beta of 1.25. The firm has a 50-day moving average price of $93.26 and a 200-day moving average price of $93.21.

Curtiss-Wright Corporation (NYSE:CW) last released its quarterly earnings results on Wednesday, July 26th. The aerospace company reported $1.13 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.97 by $0.16. The firm had revenue of $567.70 million during the quarter, compared to analysts’ expectations of $546.73 million. Curtiss-Wright Corporation had a return on equity of 14.79% and a net margin of 9.14%. Curtiss-Wright Corporation’s quarterly revenue was up 6.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.88 EPS.

A number of hedge funds have recently added to or reduced their stakes in CW. BlackRock Inc. increased its stake in shares of Curtiss-Wright Corporation by 25,824.5% in the first quarter. BlackRock Inc. now owns 5,099,604 shares of the aerospace company’s stock worth $465,389,000 after buying an additional 5,079,933 shares in the last quarter. Vanguard Group Inc. increased its position in Curtiss-Wright Corporation by 10.2% in the first quarter. Vanguard Group Inc. now owns 3,583,354 shares of the aerospace company’s stock valued at $327,018,000 after buying an additional 331,982 shares during the period. Marshall Wace North America L.P. bought a new position in Curtiss-Wright Corporation during the second quarter valued at approximately $27,768,000. AQR Capital Management LLC increased its position in Curtiss-Wright Corporation by 38.5% in the first quarter. AQR Capital Management LLC now owns 1,024,532 shares of the aerospace company’s stock valued at $93,499,000 after buying an additional 285,005 shares during the period. Finally, Prudential Financial Inc. increased its position in Curtiss-Wright Corporation by 251.5% in the second quarter. Prudential Financial Inc. now owns 327,613 shares of the aerospace company’s stock valued at $30,068,000 after buying an additional 234,409 shares during the period. 77.03% of the stock is currently owned by hedge funds and other institutional investors.

In other Curtiss-Wright Corporation news, Director S Marce Fuller sold 1,300 shares of the firm’s stock in a transaction that occurred on Tuesday, August 1st. The stock was sold at an average price of $96.16, for a total value of $125,008.00. Following the sale, the director now owns 14,960 shares of the company’s stock, valued at approximately $1,438,553.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.10% of the company’s stock.

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.

Earnings History and Estimates for Curtiss-Wright Corporation (NYSE:CW)

Receive News & Ratings for Curtiss-Wright Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Curtiss-Wright Corporation and related companies with's FREE daily email newsletter.