In Friday’s Wall Street session, CIRCOR International Inc. (NYSE:CIR) shares traded at $21.68, up 0.88% from the previous session.
As of this writing, 3 analysts cover CIRCOR International Inc. (NYSE:CIR). The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $27.00 and a low of $21.00, we find $25.00. Given the previous closing price of $21.49, this indicates a potential upside of 16.33 percent. CIR stock price is now 22.69% away from the 50-day moving average and 6.85% away from the 200-day moving average. The market capitalization of the company currently stands at $437.50M.
There are 1 analysts who have given it a hold rating, whereas 2 have given it a buy rating. Brokers who have rated the stock have averaged $24.33 as their price target over the next twelve months.
With the price target enhanced from $17 to $32, Stifel maintained Buy rating for CIRCOR International Inc. (NYSE: CIR). On September 17, 2019, KeyBanc Capital Markets Upgraded its previous ‘Sector Weight’ rating to ‘Overweight’ on the stock keeping its target price maintained at $50, while ‘Stifel’ rates the stock as ‘Buy’.
Insiders disposed of 9,401 shares of company stock worth roughly $0.2 million over the past 1 year. A total of 2.08% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in CIR stock. A new stake in CIRCOR International Inc. shares was purchased by INVENOMIC CAPITAL MANAGEMENT LP during the first quarter worth $3,016,000. FOUNDRY PARTNERS, LLC invested $2,411,000 in shares of CIR during the first quarter. In the first quarter, ROUBAIX CAPITAL, LLC acquired a new stake in CIRCOR International Inc. valued at approximately $2,287,000. ENGINEERS GATE MANAGER LP acquired a new stake in CIR for approximately $992,000. AQR CAPITAL MANAGEMENT LLC purchased a new stake in CIR valued at around $883,000 in the second quarter. In total, there are 190 active investors with 99.70% ownership of the company’s stock.
Friday morning saw CIRCOR International Inc. (NYSE: CIR) opened at $21.34. During the past 12 months, CIRCOR International Inc. has had a low of $13.26 and a high of $36.48. As of last week, the company has a debt-to-equity ratio of 5.02, a current ratio of 2.10, and a quick ratio of 1.40. The fifty day moving average price for CIR is $17.79 and a two-hundred day moving average price translates $20.27 for the stock.
The latest earnings results from CIRCOR International Inc. (NYSE: CIR) was released for Jul, 2022. According to the Specialty Industrial Machinery Company, earnings per share came in at $0.32, beating analysts’ expectations of $0.31 by 0.01. This compares to -$0.04 EPS in the same period last year. The net profit margin was -7.40% and return on equity was -42.40% for CIR. The company reported revenue of $191.38 million for the quarter, compared to $187.59 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 2.02 percent. For the current quarter, analysts expect CIR to generate $190.05M in revenue.
Moreover, the firm recently paid out its quarterly dividend on 12/12/2017. Investors who held shares on 11/28/2017 were paid a $0.0375 dividend.
CIRCOR International Inc.(CIR) Company Profile
CIRCOR International, Inc. designs, manufactures, and distributes flow and motion control products in Europe, the Middle East, Africa, North America, and internationally. The company has a product portfolio of brands serving its customers’ demanding applications. It operates through two segments, Aerospace & Defense and Industrial. The Aerospace & Defense segment manufactures and markets control valves, pumps, regulators, fluid controls, actuation systems, pneumatic valves and controls, electro-mechanical controls, motors, and other flow control products and systems; propeller pumps; MIL-spec butterfly valves and actuators; brushless dc motors; switches; and actuation components and sub-systems. Its products and services are used in the military and defense, commercial aerospace, business and general aviation, and general industrial markets, as well as serves aircraft manufacturers and tier 1 suppliers. This segment offers its products under the CIRCOR Aerospace, Aerodyne Controls, CIRCOR Bodet, CIRCOR Industria, CIRCOR Motors, Hale Hamilton, Leslie Controls, Portland Valve, and Warren Pumps brands. The Industrial segment provides 3 and 2 screw pumps, progressing cavity pumps, specialty centrifugal pumps, and gear metering pumps; automatic recirculation valves; engineered valves; positive displacement pumps; general service control valves; and actuation and unheading devices for the end-users and original equipment manufacturers, as well as engineering, procurement, and construction companies. This segment offers its products under the Allweiler, DeltaValve, Houttuin, IMO Pump, IMO AB, Leslie Controls, RG Lawrence, RTK, Schroedahl, TapcoEnpro, Tushaco, and Zenith brands. The company markets its solutions directly and through various sales partners to approximately 14,000 customers in approximately 130 countries. CIRCOR International, Inc. was incorporated in 1999 and is headquartered in Burlington, Massachusetts.