Curtiss-Wright (NYSE:CW) Updates FY 2025 Earnings Guidance

Curtiss-Wright (NYSE:CW) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 12.950-13.200 for the period, compared to the consensus estimate of 12.970. The company issued revenue guidance of $3.4 billion-$3.5 billion, compared to the consensus revenue estimate of $3.4 billion.

Curtiss-Wright Stock Performance

CW traded down $0.73 during trading hours on Thursday, reaching $584.40. The company’s stock had a trading volume of 51,298 shares, compared to its average volume of 299,934. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.35 and a current ratio of 1.95. The firm has a market cap of $22.02 billion, a PE ratio of 49.30, a price-to-earnings-growth ratio of 3.41 and a beta of 1.12. The company’s 50-day moving average is $534.18 and its 200-day moving average is $478.91. Curtiss-Wright has a 52 week low of $266.88 and a 52 week high of $612.28.

Curtiss-Wright (NYSE:CW) last released its earnings results on Wednesday, November 5th. The aerospace company reported $3.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.28 by $0.12. The company had revenue of $869.17 million for the quarter, compared to analyst estimates of $869.03 million. Curtiss-Wright had a return on equity of 18.34% and a net margin of 13.66%.Curtiss-Wright’s quarterly revenue was up 8.8% on a year-over-year basis. During the same period in the prior year, the firm posted $2.89 EPS. Curtiss-Wright has set its FY 2025 guidance at 12.950-13.200 EPS. On average, equities analysts forecast that Curtiss-Wright will post 12.32 EPS for the current year.

Curtiss-Wright Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 10th. Investors of record on Friday, September 26th were paid a $0.24 dividend. The ex-dividend date of this dividend was Friday, September 26th. This represents a $0.96 annualized dividend and a yield of 0.2%. Curtiss-Wright’s dividend payout ratio (DPR) is 8.10%.

Wall Street Analyst Weigh In

A number of analysts have recently commented on CW shares. Morgan Stanley lifted their price target on Curtiss-Wright from $405.00 to $550.00 and gave the company an “overweight” rating in a research note on Thursday, July 17th. Stifel Nicolaus lifted their price target on shares of Curtiss-Wright from $457.00 to $502.00 and gave the company a “hold” rating in a research note on Monday, October 20th. Wall Street Zen downgraded Curtiss-Wright from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 2nd. Weiss Ratings restated a “buy (b)” rating on shares of Curtiss-Wright in a report on Wednesday, October 8th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $625.00 price objective on shares of Curtiss-Wright in a report on Wednesday, October 8th. Five analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $545.00.

Insiders Place Their Bets

In other Curtiss-Wright news, VP John C. Watts sold 1,110 shares of the firm’s stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $480.50, for a total value of $533,355.00. Following the transaction, the vice president directly owned 3,863 shares of the company’s stock, valued at $1,856,171.50. This trade represents a 22.32% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 0.55% of the company’s stock.

Hedge Funds Weigh In On Curtiss-Wright

Several hedge funds and other institutional investors have recently added to or reduced their stakes in CW. Northwestern Mutual Wealth Management Co. increased its stake in shares of Curtiss-Wright by 53.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 100 shares of the aerospace company’s stock worth $49,000 after acquiring an additional 35 shares during the period. Sivia Capital Partners LLC acquired a new position in shares of Curtiss-Wright during the second quarter worth about $235,000. Glenview Trust co acquired a new position in shares of Curtiss-Wright during the second quarter worth about $270,000. Two Sigma Securities LLC increased its stake in shares of Curtiss-Wright by 9.3% during the second quarter. Two Sigma Securities LLC now owns 1,117 shares of the aerospace company’s stock worth $546,000 after acquiring an additional 95 shares during the period. Finally, Boothbay Fund Management LLC increased its stake in shares of Curtiss-Wright by 94.9% during the second quarter. Boothbay Fund Management LLC now owns 1,259 shares of the aerospace company’s stock worth $615,000 after acquiring an additional 613 shares during the period. Hedge funds and other institutional investors own 82.71% of the company’s stock.

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.