CIRCOR International, Inc. (NYSE:CIR) has been assigned a consensus rating of “Hold” from the seven research firms that are presently covering the company, Marketbeat.com reports. Five equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $38.67.
A number of analysts recently issued reports on CIR shares. Zacks Investment Research downgraded CIRCOR International from a “hold” rating to a “sell” rating in a research report on Wednesday, February 27th. ValuEngine upgraded CIRCOR International from a “strong sell” rating to a “sell” rating in a research report on Monday, April 1st. Sidoti downgraded CIRCOR International from a “buy” rating to a “neutral” rating in a research report on Tuesday, May 21st. Finally, TheStreet upgraded CIRCOR International from a “d+” rating to a “c-” rating in a research report on Friday, May 31st.
A number of institutional investors and hedge funds have recently modified their holdings of CIR. Arizona State Retirement System increased its holdings in CIRCOR International by 6.2% during the fourth quarter. Arizona State Retirement System now owns 30,560 shares of the industrial products company’s stock worth $651,000 after buying an additional 1,784 shares during the last quarter. Rhumbline Advisers increased its holdings in CIRCOR International by 18.5% during the fourth quarter. Rhumbline Advisers now owns 54,522 shares of the industrial products company’s stock worth $1,161,000 after buying an additional 8,495 shares during the last quarter. Oregon Public Employees Retirement Fund purchased a new stake in CIRCOR International during the fourth quarter worth about $161,000. United Services Automobile Association increased its holdings in CIRCOR International by 1.0% during the fourth quarter. United Services Automobile Association now owns 171,943 shares of the industrial products company’s stock worth $3,662,000 after buying an additional 1,770 shares during the last quarter. Finally, Geode Capital Management LLC increased its holdings in CIRCOR International by 4.7% during the fourth quarter. Geode Capital Management LLC now owns 195,136 shares of the industrial products company’s stock worth $4,156,000 after buying an additional 8,705 shares during the last quarter.
Shares of NYSE CIR traded down $0.15 during midday trading on Tuesday, reaching $45.84. 246,534 shares of the stock traded hands, compared to its average volume of 161,901. The company has a debt-to-equity ratio of 1.42, a quick ratio of 1.43 and a current ratio of 2.31. The company has a market capitalization of $912.12 million, a P/E ratio of 21.73 and a beta of 2.14. CIRCOR International has a one year low of $19.73 and a one year high of $48.70.
CIRCOR International (NYSE:CIR) last posted its earnings results on Thursday, April 25th. The industrial products company reported $0.38 EPS for the quarter, meeting analysts’ consensus estimates of $0.38. The firm had revenue of $270.40 million during the quarter, compared to the consensus estimate of $257.09 million. CIRCOR International had a positive return on equity of 7.62% and a negative net margin of 2.59%. The company’s quarterly revenue was down 1.9% compared to the same quarter last year. During the same period in the prior year, the company earned $0.40 EPS. As a group, equities analysts predict that CIRCOR International will post 2.2 EPS for the current fiscal year.
CIRCOR International Company Profile
CIRCOR International, Inc designs, manufactures, and markets engineered products and sub-systems worldwide. It operates through three segments: Energy, Aerospace and Defense, and Industrial. 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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