Media stories about CIRCOR International (NYSE:CIR) have been trending somewhat positive this week, AlphaOne Sentiment reports. AlphaOne, a unit of Accern, identifies positive and negative news coverage by reviewing more than twenty million blog and news sources in real time. AlphaOne ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. CIRCOR International earned a daily sentiment score of 0.00 on AlphaOne’s scale. AlphaOne also gave news coverage about the industrial products company an impact score of 92 out of 100, indicating that recent news coverage is extremely likely to have an effect on the company’s share price in the near future.
CIR has been the topic of several research reports. Stifel Nicolaus upgraded shares of CIRCOR International from a “hold” rating to a “buy” rating and reduced their price target for the stock from $74.00 to $68.00 in a research report on Monday, April 17th. Zacks Investment Research upgraded shares of CIRCOR International from a “hold” rating to a “buy” rating and set a $70.00 price target on the stock in a research report on Wednesday, April 19th.
CIRCOR International (NYSE:CIR) opened at 63.04 on Friday. CIRCOR International has a 52-week low of $48.11 and a 52-week high of $72.96. The company has a market cap of $1.04 billion, a PE ratio of 94.23 and a beta of 1.40. The firm’s 50-day moving average is $61.96 and its 200-day moving average is $61.92.
CIRCOR International (NYSE:CIR) last released its earnings results on Friday, April 28th. The industrial products company reported $0.32 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.35 by $0.03. CIRCOR International had a return on equity of 8.67% and a net margin of 3.23%. The business had revenue of $145.20 million for the quarter, compared to analysts’ expectations of $146.29 million. During the same quarter last year, the company posted $0.52 earnings per share. The business’s quarterly revenue was down 3.7% compared to the same quarter last year. On average, equities research analysts anticipate that CIRCOR International will post $2.05 EPS for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 8th. Investors of record on Thursday, May 25th will be given a dividend of $0.038 per share. The ex-dividend date of this dividend is Tuesday, May 23rd. This represents a $0.15 annualized dividend and a yield of 0.24%. CIRCOR International’s dividend payout ratio (DPR) is presently 12.93%.
In related news, SVP Arjun Sharma sold 2,930 shares of the stock in a transaction dated Thursday, February 23rd. The stock was sold at an average price of $60.65, for a total transaction of $177,704.50. Following the transaction, the senior vice president now directly owns 12,939 shares in the company, valued at $784,750.35. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 2.20% of the company’s stock.
CIRCOR International Company Profile
CIRCOR International, Inc (CIRCOR) designs, manufactures and markets engineered products and sub-systems for markets, including oil and gas, aerospace, power and process, and industrial solutions. The Company operates through two segments: CIRCOR Energy (Energy segment (Energy)) and CIRCOR Advanced Flow Solutions (Advanced Flow Solutions segment (AFS)).
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