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

Curtiss-Wright (NYSE:CW - Get Free Report) issued its quarterly earnings data on Wednesday. The aerospace company reported $3.27 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.12 by $0.15, Zacks reports. Curtiss-Wright had a return on equity of 17.21% and a net margin of 13.20%. Curtiss-Wright updated its FY 2025 guidance to 12.100-12.400 EPS.

Curtiss-Wright Trading Down 4.3 %

Shares of CW stock traded down $14.50 during trading hours on Friday, reaching $323.45. The company had a trading volume of 553,652 shares, compared to its average volume of 254,030. Curtiss-Wright has a 1-year low of $230.00 and a 1-year high of $393.40. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.98 and a quick ratio of 1.39. The firm has a market cap of $12.28 billion, a price-to-earnings ratio of 30.60, a P/E/G ratio of 2.50 and a beta of 1.19. The company has a 50 day moving average of $356.53 and a 200 day moving average of $342.02.

Curtiss-Wright Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 14th. Shareholders of record on Thursday, March 27th will be issued a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 0.26%. The ex-dividend date is Thursday, March 27th. Curtiss-Wright's dividend payout ratio is presently 7.95%.

Analysts Set New Price Targets

CW has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Curtiss-Wright in a report on Thursday, December 5th. They set a "buy" rating and a $452.00 price target for the company. Alembic Global Advisors began coverage on Curtiss-Wright in a report on Tuesday, October 29th. They issued an "overweight" rating and a $412.00 target price on the stock. Morgan Stanley raised their price target on Curtiss-Wright from $334.00 to $395.00 and gave the company an "overweight" rating in a report on Tuesday, November 5th. Citigroup started coverage on Curtiss-Wright in a research report on Tuesday, January 21st. They issued a "buy" rating and a $410.00 price objective for the company. Finally, Truist Financial increased their target price on Curtiss-Wright from $333.00 to $357.00 and gave the stock a "hold" rating in a report on Tuesday, January 14th. Two investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, Curtiss-Wright has a consensus rating of "Moderate Buy" and a consensus price target of $386.86.

Insider Buying and Selling

In other Curtiss-Wright news, CEO Lynn M. Bamford sold 8,289 shares of the 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 sale, the chief executive officer now directly owns 38,905 shares in the company, valued at approximately $13,494,977.35. This trade represents a 17.56 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, VP John C. Watts sold 622 shares of Curtiss-Wright stock in a transaction on Wednesday, February 5th. The stock was sold at an average price of $347.05, for a total transaction of $215,865.10. Following the transaction, the vice president now directly owns 5,072 shares in the company, valued at approximately $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. Over the last three months, insiders purchased 116 shares of company stock valued at $35,278 and sold 23,064 shares valued at $8,157,322. 0.67% of the stock is owned by 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.