CIRCOR International (NYSE:CIR) Shares Down 8.3%

CIRCOR International, Inc. (NYSE:CIR) shares traded down 8.3% on Thursday . The stock traded as low as $40.65 and last traded at $41.64, 598,637 shares traded hands during mid-day trading. An increase of 213% from the average session volume of 191,563 shares. The stock had previously closed at $45.41.

Several equities research analysts have weighed in on the stock. Zacks Investment Research upgraded shares of FirstService from a “strong sell” rating to a “hold” rating and set a $110.00 target price for the company in a research note on Tuesday, June 25th. Sidoti downgraded shares of CIRCOR International from a “buy” rating to a “neutral” rating in a research note on Tuesday, May 21st. Citigroup downgraded shares of Apergy from a “buy” rating to a “neutral” rating and lowered their target price for the company from $41.00 to $34.00 in a research note on Tuesday. ValuEngine upgraded shares of Westpac Banking from a “sell” rating to a “hold” rating in a research note on Wednesday, May 22nd. Finally, TheStreet downgraded shares of Weibo from a “b-” rating to a “c+” rating in a research note on Friday, May 31st. Four equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $45.00.

The stock’s 50 day moving average is $44.81. The company has a debt-to-equity ratio of 1.42, a current ratio of 2.31 and a quick ratio of 1.43. The stock has a market cap of $916.83 million, a P/E ratio of 19.73 and a beta of 2.11.



CIRCOR International (NYSE:CIR) last posted its quarterly earnings data on Thursday, April 25th. The industrial products company reported $0.38 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.38. CIRCOR International had a negative net margin of 2.59% and a positive return on equity of 7.62%. The business had revenue of $270.40 million during the quarter, compared to the consensus estimate of $257.09 million. During the same period in the previous year, the firm posted $0.40 earnings per share. The business’s revenue for the quarter was down 1.9% compared to the same quarter last year. Equities analysts predict that CIRCOR International, Inc. will post 2.27 EPS for the current fiscal year.

Large investors have recently bought and sold shares of the company. Rhumbline Advisers lifted its stake in shares of 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 period. United Services Automobile Association lifted its stake in shares of 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 period. Geode Capital Management LLC lifted its stake in shares of 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 period. Teton Advisors Inc. lifted its stake in shares of CIRCOR International by 7.4% during the first quarter. Teton Advisors Inc. now owns 266,986 shares of the industrial products company’s stock worth $8,704,000 after buying an additional 18,346 shares during the period. Finally, Oregon Public Employees Retirement Fund acquired a new stake in shares of CIRCOR International during the fourth quarter worth $161,000.

CIRCOR International Company Profile (NYSE:CIR)

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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