Somewhat Positive Media Coverage Somewhat Unlikely to Impact CIRCOR International (CIR) Share Price
News coverage about CIRCOR International (NYSE:CIR) has trended somewhat positive recently, according to Accern Sentiment. The research firm identifies negative and positive media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. CIRCOR International earned a daily sentiment score of 0.09 on Accern’s scale. Accern also gave news headlines about the industrial products company an impact score of 45.8273326685568 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Several equities research analysts have recently weighed in on CIR shares. Stifel Nicolaus reissued a “buy” rating and issued a $61.00 price target on shares of CIRCOR International in a research note on Sunday, September 3rd. Zacks Investment Research raised CIRCOR International from a “sell” rating to a “hold” rating in a research note on Friday, September 29th. Finally, KeyCorp reissued a “hold” rating on shares of CIRCOR International in a research note on Tuesday, September 26th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $61.00.
Shares of CIRCOR International (NYSE:CIR) opened at $46.49 on Friday. CIRCOR International has a 52-week low of $42.25 and a 52-week high of $72.96. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.85 and a current ratio of 3.20. The company has a market capitalization of $769.26, a PE ratio of 28.78 and a beta of 1.59.
CIRCOR International (NYSE:CIR) last announced its earnings results on Friday, October 27th. The industrial products company reported $0.43 EPS for the quarter, beating the consensus estimate of $0.40 by $0.03. CIRCOR International had a return on equity of 6.30% and a net margin of 2.50%. The company had revenue of $159.70 million for the quarter, compared to analyst estimates of $154.65 million. During the same quarter in the prior year, the company earned $0.46 EPS. The firm’s revenue for the quarter was up 18.5% compared to the same quarter last year. research analysts forecast that CIRCOR International will post 1.61 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 12th. Investors of record on Tuesday, November 28th will be given a dividend of $0.0375 per share. The ex-dividend date of this dividend is Monday, November 27th. This represents a $0.15 annualized dividend and a dividend yield of 0.32%. CIRCOR International’s payout ratio is 16.13%.
CIRCOR International Company Profile
CIRCOR International, Inc (CIRCOR) designs, manufactures and markets engineered products and sub-systems for markets, including oil and gas, aerospace, power and process, and industrial solutions. The Company operates through two segments: CIRCOR Energy (Energy segment (Energy)) and CIRCOR Advanced Flow Solutions (Advanced Flow Solutions segment (AFS)).
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