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

Curtiss-Wright (NYSE:CW) announced its earnings results 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 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

NYSE CW traded down $8.18 during trading on Friday, hitting $329.77. 33,314 shares of the company’s stock were exchanged, compared to its average volume of 281,420. The stock’s 50 day moving average price is $357.59 and its two-hundred day moving average price is $341.00. Curtiss-Wright has a fifty-two week low of $230.00 and a fifty-two week high of $393.40. The company has a current ratio of 1.98, a quick ratio of 1.39 and a debt-to-equity ratio of 0.39. The company has a market cap of $12.51 billion, a PE ratio of 31.20, a P/E/G ratio of 2.50 and a beta of 1.19.

Curtiss-Wright Announces Dividend

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 paid a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a yield of 0.25%. The ex-dividend date of this dividend is Thursday, March 27th. Curtiss-Wright’s payout ratio is 7.95%.

Wall Street Analyst Weigh In

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

Insider Activity

In related news, VP John C. Watts sold 622 shares of the company’s stock in a transaction that occurred on Wednesday, February 5th. The stock was sold at an average price of $347.05, for a total value of $215,865.10. Following the sale, the vice president now directly owns 5,072 shares in the company, valued at $1,760,237.60. This represents a 10.92 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO K Christopher Farkas sold 2,453 shares of the stock in a transaction on Wednesday, February 5th. The stock was sold at an average price of $347.00, for a total value of $851,191.00. Following the completion of the transaction, the chief financial officer now owns 12,712 shares in the company, valued at approximately $4,411,064. This represents a 16.18 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders bought 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 currently owned by insiders.

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.