Stifel Nicolaus Boosts Curtiss-Wright Price Target to $200.00

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CURTISS-WRIGHT ($NYSE:CW): Curtiss-Wright Corporation is a diversified industrial manufacturing company with a strong presence in the defense sector. Recently, Stifel Nicolaus has set a price target of $200.00 for Curtiss-Wright in the Defense World, demonstrating their confidence in the stock’s performance. The company has seen strong growth over the past few years due to increased demand for its products and services. In addition to its traditional lines of business, the company has also recently ventured into the burgeoning unmanned systems sector, which is anticipated to generate significant revenue for the company in the coming years.

Furthermore, Curtiss-Wright has also invested heavily in research and development, which is expected to bring even more innovative solutions to their customers in the near future. Curtiss-Wright’s stock has also seen impressive gains in recent months as investors recognize the company’s growth potential and strong presence in the defense sector. With the new price target set by Stifel Nicolaus at $200.00, investors should be optimistic that the stock will continue to perform well in the near future.

Market Price

On Wednesday, CURTISS-WRIGHT CORPORATION stock opened at $178.6 and closed at $174.9, down by 2.0% from its previous closing price of 178.4. Despite this, Stifel Nicolaus analyst Kelsey Tamarkino has upgraded her price target for the company to $200.00. The analyst believes that the company is well-positioned to benefit from an increase in defense spending, as well as strong demand in its commercial businesses, and that these factors should lead to improved financial performance in the coming years. This new price target suggests that there could be further upside potential for CURTISS-WRIGHT CORPORATION in the near future. Live Quote…

About the Company

Income Snapshot

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Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Curtiss-wright Corporation. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Curtiss-wright Corporation. More…

Key Ratios Snapshot

Some of the financial key ratios for Curtiss-wright Corporation are shown below. More…

Analysis

At GoodWhale, we specialize in analyzing the financials of companies in order to provide investors and financial advisors with the information they need to make informed decisions. We recently conducted an analysis of CURTISS-WRIGHT CORPORATION, a high risk investment according to our Risk Rating. The Risk Rating system takes into account all aspects of financial and business risk, including income sheet, balance sheet, and non-financial risk. Based on our analysis, GoodWhale has detected 3 risk warnings which may be indicative of potential financial issues. To learn more about these warnings and how they can impact your investment decisions, register with us to access our full report. With detailed insight into the financials of CURTISS-WRIGHT CORPORATION, you can rest assured that you are making a well-informed investment decision. More…

Peers

Its competitors include Circor International Inc, Altra Industrial Motion Corp, Parker Hannifin Corp.

– Circor International Inc ($NYSE:CIR)

Circor International, Inc. is a global supplier of fluid handling products and services for the oil, gas, power generation, and other industries. The company’s products include valves, pumps, and related products and services. Circor International, Inc. was founded in 1987 and is headquartered in Burlington, Massachusetts.

– Altra Industrial Motion Corp ($NASDAQ:AIMC)

Altria Industrial Motion Corp is a publicly traded company that manufactures and sells a variety of industrial products. The company has a market capitalization of 3.77 billion as of 2022 and a return on equity of 3.22%. Altria Industrial Motion Corp is a diversified company that operates in a variety of industries, including automotive, aerospace, and industrial products. The company’s products are used in a variety of applications, including transportation, manufacturing, and construction.

– Parker Hannifin Corp ($NYSE:PH)

Parker Hannifin is a diversified industrial manufacturer that specializes in motion and control technologies. The company’s products include hydraulic and pneumatic components, sealants, and fluid connectors, as well as a variety of industrial and mobile automation technologies. Parker Hannifin serves a variety of markets, including aerospace, climate control, electromechanical, filtration, and general industrial.

With a market cap of nearly $40 billion, Parker Hannifin is one of the largest diversified industrial manufacturers in the world. The company’s strong financial performance is reflected in its return on equity, which has averaged more than 13% over the past five years. Parker Hannifin’s diversified product portfolio and global reach have positioned it well to continue delivering strong results for shareholders in the years to come.

Summary

Curtiss-Wright Corporation, a diversified industrial firm, has recently been given a new price target of $200.00 by Stifel Nicolaus. Analysts at Stifel Nicolaus noted that Curtiss-Wright’s strong balance sheet and the rising demand for its products in defense and aerospace industries make it a good investment opportunity. The analysts also highlighted that the company’s cost savings initiatives and initiatives to expand in new markets are likely to add further to its bottom line. Furthermore, the company’s increased focus on operational efficiency and its successful track record in research and development are expected to continue to support long-term growth.