Curtiss-Wright Corporation (CW) Hits Fresh High: Is There Still Room to Run?

Zacks08-26

Have you been paying attention to shares of Curtiss-Wright (CW)? Shares have been on the move with the stock up 10.6% over the past month. The stock hit a new 52-week high of $310.72 in the previous ...

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The stock hit a new 52-week high of $310.72 in the previous ...</p>\n\n<a href=\"https://finance.yahoo.com/news/curtiss-wright-corporation-cw-hits-131505576.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Curtiss-Wright Corporation (CW) Hits Fresh High: Is There Still Room to Run?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCurtiss-Wright Corporation (CW) Hits Fresh High: Is There Still Room to Run?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-08-26 21:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/curtiss-wright-corporation-cw-hits-131505576.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Have you been paying attention to shares of Curtiss-Wright (CW)? Shares have been on the move with the stock up 10.6% over the past month. The stock hit a new 52-week high of $310.72 in the previous ...</p>\n\n<a href=\"https://finance.yahoo.com/news/curtiss-wright-corporation-cw-hits-131505576.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4187","symbol_name":"航天航空与国防","start_time":0,"source_url":"https://finance.yahoo.com/news/curtiss-wright-corporation-cw-hits-131505576.html","article_id":"2462914800","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/w.ILboV799eZj6zbyZJ3SQ--~B/aD02MDE7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/5ecaf2a9bf082a5f3a554e6526b34be0"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2462914800","pubTimestamp":1724678105,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Have you been paying attention to shares of Curtiss-Wright ?Shares have been on the move with the stock up 10.6% over the past month. The stock hit a new 52-week high of $310.72 in the previous session. Curtiss-Wright has gained 39.1% since the start of the year compared to the 3.5% move for the Zacks Aerospace sector and the 22.2% return for the Zacks Aerospace - Defense Equipment industry.The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on August 7, 2024, Curtiss-Wright reported EPS of $2.67 versus consensus estimate of $2.24 while it beat the consensus revenue estimate by 6.6%.For the current fiscal year, Curtiss-Wright is expected to post earnings of $10.47 per share on $3.04 billion in revenues. This represents a 11.62% change in EPS on a 6.91% change in revenues. For the next fiscal year, the company is expected to earn $11.32 per share on $3.2 billion in ","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4187":"航天航空与国防","CW":"寇蒂斯莱特","BK4516":"特朗普概念","ESLT":"埃尔比特系统"},"translate_title":"柯蒂斯-赖特公司（CW）创下新高：还有运行空间吗？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CW":1,"ESLT":1},"content_text":"Have you been paying attention to shares of Curtiss-Wright (CW)? Shares have been on the move with the stock up 10.6% over the past month. The stock hit a new 52-week high of $310.72 in the previous session. Curtiss-Wright has gained 39.1% since the start of the year compared to the 3.5% move for the Zacks Aerospace sector and the 22.2% return for the Zacks Aerospace - Defense Equipment industry.\nWhat's Driving the Outperformance?\nThe stock has a great record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on August 7, 2024, Curtiss-Wright reported EPS of $2.67 versus consensus estimate of $2.24 while it beat the consensus revenue estimate by 6.6%.\nFor the current fiscal year, Curtiss-Wright is expected to post earnings of $10.47 per share on $3.04 billion in revenues. This represents a 11.62% change in EPS on a 6.91% change in revenues. For the next fiscal year, the company is expected to earn $11.32 per share on $3.2 billion in revenues. This represents a year-over-year change of 8.16% and 5.11%, respectively.\nValuation Metrics\nCurtiss-Wright may be at a 52-week high right now, but what might the future hold for the stock? A key aspect of this question is taking a look at valuation metrics in order to determine if the company is due for a pullback from this level.\nOn this front, we can look at the Zacks Style Scores, as these give investors a variety of ways to comb through stocks (beyond looking at the Zacks Rank of a security). These styles are represented by grades running from A to F in the categories of Value, Growth, and Momentum, while there is a combined VGM Score as well. Investors should consider the style scores a valuable tool that can help you to pick the most appropriate Zacks Rank stocks based on their individual investment style.\nCurtiss-Wright has a Value Score of D. The stock's Growth and Momentum Scores are B and C, respectively, giving the company a VGM Score of B.\nIn terms of its value breakdown, the stock currently trades at 29.6X current fiscal year EPS estimates, which is not in-line with the peer industry average of 30.1X. On a trailing cash flow basis, the stock currently trades at 24.8X versus its peer group's average of 21.5X. This isn't enough to put the company in the top echelon of all stocks we cover from a value perspective.\nZacks Rank\nWe also need to consider the stock's Zacks Rank, as this supersedes any trend on the style score front. Fortunately, Curtiss-Wright currently has a Zacks Rank of #2 (Buy) thanks to rising earnings estimates.\nSince we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if Curtiss-Wright passes the test. Thus, it seems as though Curtiss-Wright shares could still be poised for more gains ahead.\nHow Does CW Stack Up to the Competition?\nShares of CW have been soaring, and the company still appears to be a decent choice, but what about the rest of the industry? One industry peer that looks good is Elbit Systems Ltd. (ESLT). ESLT has a Zacks Rank of # 2 (Buy) and a Value Score of B, a Growth Score of C, and a Momentum Score of A.\nEarnings were strong last quarter. Elbit Systems Ltd. beat our consensus estimate by 17.51%, and for the current fiscal year, ESLT is expected to post earnings of $7.80 per share on revenue of $6.5 billion.\nShares of Elbit Systems Ltd. have gained 6.4% over the past month, and currently trade at a forward P/E of 25.51X and a P/CF of 18.98X.\nThe Aerospace - Defense Equipment industry is in the top 26% of all the industries we have in our universe, so it looks like there are some nice tailwinds for CW and ESLT, even beyond their own solid fundamental situation.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nCurtiss-Wright Corporation (CW) : Free Stock Analysis Report\nElbit Systems Ltd. (ESLT) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2462914800"}