Curtiss-Wright (CW) to Release Earnings on Wednesday

Curtiss-Wright (NYSE:CW - Get Free Report) is projected to issue its Q1 2025 quarterly earnings data after the market closes on Wednesday, May 7th. Analysts expect the company to announce earnings of $2.40 per share and revenue of $767.32 million for the quarter. Curtiss-Wright has set its FY 2025 guidance at 12.100-12.400 EPS.

Curtiss-Wright (NYSE:CW - Get Free Report) last released its quarterly earnings results on Wednesday, February 12th. The aerospace company reported $3.27 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.12 by $0.15. Curtiss-Wright had a return on equity of 17.11% and a net margin of 12.98%. On average, analysts expect Curtiss-Wright to post $12 EPS for the current fiscal year and $13 EPS for the next fiscal year.

Curtiss-Wright Price Performance

CW traded up $7.20 during midday trading on Friday, hitting $357.48. The company had a trading volume of 191,610 shares, compared to its average volume of 265,345. Curtiss-Wright has a twelve month low of $258.85 and a twelve month high of $393.40. The company has a market capitalization of $13.46 billion, a PE ratio of 33.88, a P/E/G ratio of 2.48 and a beta of 1.03. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.19 and a current ratio of 1.69. The firm's 50-day simple moving average is $321.17 and its 200-day simple moving average is $344.97.

Curtiss-Wright Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, April 14th. Investors of record on Thursday, March 27th were issued a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.23%. The ex-dividend date of this dividend was Thursday, March 27th. Curtiss-Wright's dividend payout ratio is currently 7.96%.

Analyst Upgrades and Downgrades

Several research firms have issued reports on CW. Stifel Nicolaus reduced their price objective on Curtiss-Wright from $331.00 to $309.00 and set a "hold" rating on the stock in a report on Monday, April 14th. Truist Financial decreased their price target on Curtiss-Wright from $357.00 to $338.00 and set a "hold" rating on the stock in a report on Thursday, April 17th. Finally, Citigroup lowered their price objective on Curtiss-Wright from $450.00 to $424.00 and set a "buy" rating for the company in a research report on Thursday, April 10th. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat, Curtiss-Wright currently has an average rating of "Moderate Buy" and an average price target of $377.43.

Insider Buying and Selling at Curtiss-Wright

In related news, CEO Lynn M. Bamford sold 8,289 shares of the company's stock in a transaction on Wednesday, February 5th. The shares were sold at an average price of $346.87, for a total value of $2,875,205.43. Following the completion of the sale, the chief executive officer now owns 38,905 shares in the company, valued at $13,494,977.35. This represents a 17.56 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO K Christopher Farkas sold 4,780 shares of the firm's stock in a transaction on Thursday, May 1st. The stock was sold at an average price of $350.00, for a total value of $1,673,000.00. Following the sale, the chief financial officer now directly owns 9,253 shares in the company, valued at $3,238,550. The trade was a 34.06 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 26,577 shares of company stock valued at $9,109,255. 0.55% of the stock is currently owned by company insiders.

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.