News stories about CIRCOR International (NYSE:CIR) have been trending somewhat positive this week, according to Alpha One. Alpha One, a subsidiary of Accern, rates the sentiment of media coverage by monitoring more than twenty million news and blog sources in real time. Alpha One ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. CIRCOR International earned a news impact score of 0.07 on Alpha One’s scale. Alpha One also gave media coverage about the industrial products company an impact score of 95 out of 100, indicating that recent media coverage is extremely likely to have an impact on the company’s share price in the near term.
Here are some of the headlines that may have effected AlphaOne Sentiment’s analysis:
CIR has been the topic of a number of research reports. Zacks Investment Research raised shares of CIRCOR International from a “hold” rating to a “buy” rating and set a $68.00 price objective on the stock in a research note on Tuesday, January 10th. Stifel Nicolaus raised shares of CIRCOR International from a “hold” rating to a “buy” rating and decreased their price target for the stock from $74.00 to $68.00 in a research note on Monday, April 17th.
CIRCOR International (NYSE:CIR) traded up 1.33% during midday trading on Friday, hitting $65.00. 49,929 shares of the company’s stock traded hands. The company has a 50 day moving average of $60.30 and a 200-day moving average of $61.30. CIRCOR International has a 52 week low of $48.11 and a 52 week high of $72.96. The company has a market capitalization of $1.06 billion, a PE ratio of 106.56 and a beta of 1.40.
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 net margin of 3.23% and a return on equity of 8.67%. The business had revenue of $145.20 million for the quarter, compared to analysts’ expectations of $146.29 million. During the same period last year, the firm earned $0.52 EPS. The company’s revenue was down 3.7% compared to the same quarter last year. Equities research analysts predict that CIRCOR International will post $2.05 earnings per share for the current year.
In other CIRCOR International news, SVP Arjun Sharma sold 2,930 shares of CIRCOR International 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 owns 12,939 shares of the company’s stock, valued at approximately $784,750.35. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 2.20% of the company’s stock.
About CIRCOR International
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)).