Shares of CIRCOR International, Inc. (NYSE:CIR) have been given an average rating of “Hold” by the six analysts that are covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and three have given a buy recommendation to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $49.25.
Several analysts recently commented on CIR shares. KeyCorp reduced their target price on shares of CIRCOR International from $53.00 to $48.00 and set an “overweight” rating for the company in a report on Tuesday, November 6th. Zacks Investment Research downgraded shares of CIRCOR International from a “hold” rating to a “sell” rating in a report on Tuesday, October 9th. ValuEngine downgraded shares of CIRCOR International from a “sell” rating to a “strong sell” rating in a report on Friday, October 19th. Finally, Citigroup set a $39.00 target price on shares of CIRCOR International and gave the stock a “hold” rating in a report on Wednesday, November 7th.
Shares of CIR traded down $2.85 during midday trading on Friday, reaching $30.12. The stock had a trading volume of 79,743 shares, compared to its average volume of 128,448. CIRCOR International has a one year low of $30.06 and a one year high of $54.89. The company has a market cap of $656.82 million, a PE ratio of 17.61 and a beta of 2.13. The company has a debt-to-equity ratio of 1.40, a current ratio of 2.30 and a quick ratio of 1.39.
CIRCOR International (NYSE:CIR) last announced its quarterly earnings data on Monday, November 5th. The industrial products company reported $0.52 EPS for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.01). CIRCOR International had a negative net margin of 2.22% and a positive return on equity of 6.78%. The firm had revenue of $297.50 million during the quarter, compared to the consensus estimate of $296.49 million. During the same period last year, the business earned $0.43 EPS. The business’s revenue was up 86.3% on a year-over-year basis. Analysts expect that CIRCOR International will post 2.1 earnings per share for the current year.
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Gamco Investors INC. ET AL boosted its holdings in CIRCOR International by 20.5% in the 2nd quarter. Gamco Investors INC. ET AL now owns 1,765,280 shares of the industrial products company’s stock valued at $65,245,000 after purchasing an additional 300,570 shares during the period. Gabelli Funds LLC boosted its holdings in CIRCOR International by 4.5% in the 2nd quarter. Gabelli Funds LLC now owns 1,014,552 shares of the industrial products company’s stock valued at $37,498,000 after purchasing an additional 44,052 shares during the period. Bank of New York Mellon Corp boosted its holdings in CIRCOR International by 4.9% in the 3rd quarter. Bank of New York Mellon Corp now owns 220,571 shares of the industrial products company’s stock valued at $10,477,000 after purchasing an additional 10,352 shares during the period. Teton Advisors Inc. boosted its holdings in CIRCOR International by 0.9% in the 3rd quarter. Teton Advisors Inc. now owns 195,400 shares of the industrial products company’s stock valued at $9,282,000 after purchasing an additional 1,800 shares during the period. Finally, United Services Automobile Association boosted its holdings in CIRCOR International by 17.3% in the 2nd quarter. United Services Automobile Association now owns 170,173 shares of the industrial products company’s stock valued at $6,290,000 after purchasing an additional 25,130 shares during the period.
About CIRCOR International
CIRCOR International, Inc designs, manufactures, and markets engineered products and sub-systems worldwide. It operates through three segments: Energy, Advanced Flow Solutions, and Fluid Handling. The Energy segment offers a range of flow control solutions and services, including valves, such as engineered trunion and floating ball valves; gate, globe, and check valves; and butterfly valves, as well as delayed coking unheading devices, and fluid catalytic converter and isolation valves.
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