For its first fiscal quarter (ending March 31), Curtiss-Wright Corp (NYSE: CW) has reported a 35% increase in E.P.S. from $1.48 a year ago to $2.00 in the current quarter. E.P.S. were $9.78 for the latest four quarters through March 31 versus $8.09 for the same period a year ago — an increase of 21%.
Recent Price Action
On 5/1/24, Curtiss-Wright Corp (NYSE: CW) stock increased 1.4%, closing at $256.98. This advance was accompanied by normal trading volume. The stock has been strong relative to the market over the last nine months and has risen 1.4% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, CW is expected to continue to be an important Value Builder.
Curtiss-Wright has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Curtiss-Wright has a poor Appreciation Score of 21 but a very high Power Rating of 88, resulting in the Neutral Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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