William Blair Predicts Stronger Earnings for Curtiss-Wright

Curtiss-Wright Corporation (NYSE:CW - Free Report) - William Blair lifted their FY2025 EPS estimates for Curtiss-Wright in a research report issued on Thursday, August 7th. William Blair analyst L. Dipalma now anticipates that the aerospace company will earn $12.82 per share for the year, up from their previous estimate of $12.66. The consensus estimate for Curtiss-Wright's current full-year earnings is $12.32 per share. William Blair also issued estimates for Curtiss-Wright's Q4 2025 earnings at $3.53 EPS, FY2026 earnings at $13.58 EPS and FY2027 earnings at $14.37 EPS.

Curtiss-Wright (NYSE:CW - Get Free Report) last posted its earnings results on Wednesday, August 6th. The aerospace company reported $3.23 earnings per share for the quarter, topping the consensus estimate of $3.13 by $0.10. The firm had revenue of $876.58 million during the quarter, compared to the consensus estimate of $855.10 million. Curtiss-Wright had a net margin of 13.66% and a return on equity of 18.34%. The company's revenue was up 11.7% on a year-over-year basis. During the same quarter last year, the company earned $2.67 earnings per share.

Several other brokerages have also recently commented on CW. Wall Street Zen cut shares of Curtiss-Wright from a "strong-buy" rating to a "buy" rating in a research note on Saturday, August 2nd. Stifel Nicolaus boosted their price objective on shares of Curtiss-Wright from $450.00 to $457.00 and gave the company a "hold" rating in a research note on Friday, August 8th. Truist Financial reduced their price objective on shares of Curtiss-Wright from $356.00 to $338.00 and set a "hold" rating for the company in a research note on Friday, July 11th. Robert W. Baird boosted their price objective on shares of Curtiss-Wright from $432.00 to $500.00 and gave the company an "outperform" rating in a research note on Thursday, May 22nd. Finally, Morgan Stanley boosted their price objective on shares of Curtiss-Wright from $405.00 to $550.00 and gave the company an "overweight" rating in a research note on Thursday, July 17th. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, Curtiss-Wright presently has a consensus rating of "Moderate Buy" and an average target price of $468.14.

Curtiss-Wright Price Performance

NYSE:CW traded down $2.90 during mid-day trading on Monday, hitting $493.89. 178,769 shares of the stock traded hands, compared to its average volume of 319,768. The business's 50-day moving average price is $481.08 and its 200 day moving average price is $393.28. The company has a market cap of $18.61 billion, a PE ratio of 41.67, a price-to-earnings-growth ratio of 3.07 and a beta of 1.18. Curtiss-Wright has a 12-month low of $266.88 and a 12-month high of $517.09. The company has a quick ratio of 1.35, a current ratio of 1.95 and a debt-to-equity ratio of 0.35.

Institutional Investors Weigh In On Curtiss-Wright

A number of hedge funds have recently made changes to their positions in the business. Globeflex Capital L P lifted its holdings in shares of Curtiss-Wright by 450.8% in the 2nd quarter. Globeflex Capital L P now owns 2,561 shares of the aerospace company's stock worth $1,251,000 after acquiring an additional 2,096 shares during the last quarter. Peapack Gladstone Financial Corp bought a new stake in shares of Curtiss-Wright in the 2nd quarter worth approximately $639,000. Ieq Capital LLC raised its holdings in Curtiss-Wright by 301.3% during the 2nd quarter. Ieq Capital LLC now owns 15,947 shares of the aerospace company's stock valued at $7,791,000 after buying an additional 11,973 shares during the last quarter. Treasurer of the State of North Carolina raised its holdings in Curtiss-Wright by 0.6% during the 2nd quarter. Treasurer of the State of North Carolina now owns 17,555 shares of the aerospace company's stock valued at $8,576,000 after buying an additional 103 shares during the last quarter. Finally, Glenview Trust co bought a new stake in Curtiss-Wright during the 2nd quarter valued at $270,000. 82.71% of the stock is currently owned by institutional investors.

Insider Activity at Curtiss-Wright

In other news, VP John C. Watts sold 450 shares of the business's stock in a transaction that occurred on Thursday, May 29th. The shares were sold at an average price of $449.36, for a total value of $202,212.00. Following the completion of the sale, the vice president directly owned 4,959 shares in the company, valued at approximately $2,228,376.24. The trade was a 8.32% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Bruce D. Hoechner sold 1,900 shares of the business's stock in a transaction that occurred on Thursday, June 5th. The stock was sold at an average price of $448.00, for a total transaction of $851,200.00. Following the completion of the sale, the director owned 4,523 shares of the company's stock, valued at approximately $2,026,304. The trade was a 29.58% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.55% of the company's stock.

About Curtiss-Wright

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.