Curtiss-Wright Corporation, together with its subsidiaries, provides engineered products, solutions, and services to the aerospace, defense, general industrial, and power generation markets worldwide. worldwide. It operates through three segments: Aerospace & Industrial, Defense Electronics, and Naval & Power. The Aerospace & Industrial segment offers industrial vehicle products, such as electronic throttle control devices, joysticks, and transmission shifters; sensors, controls and electro-mechanical actuation components used in commercial and military aircraft; and surface technology services, including shot peening, laser peening, and coatings. The Defense Electronics segment provides commercial off-the-shelf embedded computing board-level modules, data acquisition and flight test instrumentation equipment, integrated subsystems, instrumentation and control systems, turret aiming and stabilization products, and weapons handling systems; avionics and electronics; flight test equipment; and aircraft data management solutions. The Naval & Power segment offers hardware, pumps, pump seals, control rod drive mechanisms, valves, fastening systems, specialized containment doors, airlock hatches, spent fuel management products, and fluid sealing products for nuclear power plants and nuclear equipment manufacturers; and naval propulsion and auxiliary equipment, including coolant pumps, power-dense compact motors, generators, steam turbines, valves, and secondary propulsion systems, as well as ship repair and maintenance services primarily to the U.S. navy. Curtiss-Wright Corporation was founded in 1929 and is headquartered in Davidson, North Carolina.
Analyst Ratings Changes
Several equities analysts have recently weighed in on CW shares. Stifel Nicolaus lowered their price objective on shares of Curtiss-Wright from $168.00 to $155.00 in a research note on Monday, July 18th. StockNews.com cut shares of Curtiss-Wright from a "strong-buy" rating to a "buy" rating in a research note on Friday, May 13th. Finally, Truist Financial lowered their price objective on shares of Curtiss-Wright from $167.00 to $166.00 and set a "buy" rating on the stock in a research note on Tuesday, July 19th. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, Curtiss-Wright currently has an average rating of "Buy" and an average price target of $167.40.
Curtiss-Wright Price Performance
NYSE:CW opened at $144.50 on Monday. The company has a current ratio of 1.36, a quick ratio of 1.08 and a debt-to-equity ratio of 0.54. Curtiss-Wright has a 12 month low of $113.04 and a 12 month high of $162.98. The company's 50 day moving average is $135.61 and its two-hundred day moving average is $141.27. The stock has a market cap of $5.56 billion, a price-to-earnings ratio of 22.16 and a beta of 1.32.
Curtiss-Wright Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, July 1st. Shareholders of record on Friday, June 17th were issued a dividend of $0.19 per share. This is a positive change from Curtiss-Wright's previous quarterly dividend of $0.18. This represents a $0.76 dividend on an annualized basis and a yield of 0.53%. The ex-dividend date of this dividend was Thursday, June 16th. Curtiss-Wright's dividend payout ratio (DPR) is 11.66%.