Curtiss-Wright (NYSE:CW) Posts Earnings Results, Beats Estimates By $0.15 EPS

Curtiss-Wright (NYSE:CW) posted its earnings results on Wednesday. The aerospace company reported $3.27 EPS for the quarter, topping analysts’ consensus estimates of $3.12 by $0.15, Zacks reports. Curtiss-Wright had a net margin of 13.20% and a return on equity of 17.21%. Curtiss-Wright updated its FY 2025 guidance to 12.100-12.400 EPS.

Curtiss-Wright Price Performance

Shares of NYSE:CW traded down $8.76 during trading hours on Wednesday, hitting $341.92. 299,888 shares of the company’s stock traded hands, compared to its average volume of 282,439. Curtiss-Wright has a 52 week low of $225.33 and a 52 week high of $393.40. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.39 and a current ratio of 1.98. The company’s fifty day simple moving average is $359.19 and its two-hundred day simple moving average is $341.02. The company has a market cap of $12.98 billion, a price-to-earnings ratio of 32.35, a price-to-earnings-growth ratio of 2.50 and a beta of 1.19.

Curtiss-Wright Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 14th. Stockholders of record on Thursday, March 27th will be given a dividend of $0.21 per share. The ex-dividend date is Thursday, March 27th. This represents a $0.84 annualized dividend and a dividend yield of 0.25%. Curtiss-Wright’s dividend payout ratio (DPR) is 7.95%.

Insider Activity

In other Curtiss-Wright news, insider Paul J. Ferdenzi sold 1,907 shares of the company’s stock in a transaction dated Wednesday, February 5th. The shares were sold at an average price of $346.98, for a total transaction of $661,690.86. Following the completion of the sale, the insider now directly owns 18,405 shares of the company’s stock, valued at approximately $6,386,166.90. This represents a 9.39 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP John C. Watts sold 622 shares of the company’s stock in a transaction dated Wednesday, February 5th. The shares were sold at an average price of $347.05, for a total transaction of $215,865.10. Following the sale, the vice president now directly owns 5,072 shares of the company’s stock, valued at $1,760,237.60. This represents a 10.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders acquired 116 shares of company stock worth $35,278 and sold 23,064 shares worth $8,157,322. Insiders own 0.67% of the company’s stock.

Analysts Set New Price Targets

CW has been the topic of several recent analyst reports. Alembic Global Advisors initiated coverage on shares of Curtiss-Wright in a report on Tuesday, October 29th. They issued an “overweight” rating and a $412.00 price target on the stock. Morgan Stanley upped their price target on shares of Curtiss-Wright from $334.00 to $395.00 and gave the company an “overweight” rating in a report on Tuesday, November 5th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Curtiss-Wright in a report on Thursday, December 5th. They issued a “buy” rating and a $452.00 price target on the stock. Truist Financial upped their price target on shares of Curtiss-Wright from $333.00 to $357.00 and gave the company a “hold” rating in a report on Tuesday, January 14th. Finally, Stifel Nicolaus cut shares of Curtiss-Wright from a “buy” rating to a “hold” rating and set a $370.00 price target on the stock. in a report on Monday, November 18th. Two research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $386.86.

Curtiss-Wright Company Profile

Curtiss-Wright Corporation, together with its subsidiaries, provides engineered products, solutions, and services mainly to aerospace and defense, commercial power, process, and industrial markets worldwide. It operates through three segments: Aerospace & Industrial, Defense Electronics, and Naval & Power.