|Bid||37.00 x 800|
|Ask||37.08 x 900|
|Day's Range||36.66 - 37.50|
|52 Week Range||19.73 - 47.80|
|Beta (3Y Monthly)||2.39|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 4, 2019 - Nov 8, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||47.00|
CIRCOR International, Inc. (CIR) today announced its intent to sell its Distributed Valves business, consistent with its strategic shift away from upstream oil & gas. “This is an important step in CIRCOR’s transformation as we continue to diversify away from upstream oil & gas and focus on more attractive end markets with enhanced growth and earnings potential,” said Scott Buckhout, President and Chief Executive Officer of CIRCOR. “The management team is successfully executing the Company’s strategic plan and will continue to take the necessary actions that will best position CIRCOR to deliver enhanced value for shareholders,” concluded Buckhout.
Equity investors seeking to profit from rising oil prices amid escalating violence in the Middle East should focus on eight energy stocks and suppliers that are uniquely positioned to outperform. Stocks that could see the biggest sustained gains include energy producers Brigham Minerals Inc. (MNRL), Murphy Oil Corp. (MUR), Pioneer Natural Resources Co. (PXD), and EOG Resources Inc. (EOG). Also poised to benefit are energy industry suppliers such as valve and seal maker Flowserve Corp. (FLS), compressor maker Gardner Denver Holdings Inc. (GDI), valve maker Circor International Inc. (CIR), and General Electric Co. (GE), which owns 40% stake in Baker Hughes (BHGE).
Emerson's (EMR) latest buyout will enable it to help customers in optimizing their operational performance and boost energy efficiencies.
Circor (CIR) delivered earnings and revenue surprises of -2.17% and -2.41%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
The Zacks Analyst Blog Highlights: AZZ, CIRCOR International, Intevac, Cisco Systems and Stratasys
The significant increase in June's orders is primarily due to a 75% jump in aircraft orders, which fell 50% in May and nearly 40% in April.
Circor (CIR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Eaton (ETN) is expected to gain from organic and inorganic assets when it reports Q2 earnings on Jul 30, 2019. However, negative foreign currency translation is expected to offset the positives.
This rating actions concludes the review for downgrade initiated on May 22nd, 2019 after Crane announced its unsolicited offer to acquire CIRCOR International, Inc. (B2, Stable) ("CIRCOR") in a transaction that would have been valued at more than $1.7 billion. The confirmation of the rating takes into consideration Moody's expectation that Crane will remain acquisitive and factors in the uncertainties that a potential acquisition could represent in terms of size, financing, strategic fit, and proforma key credit metrics. Although, all these uncertainties create some overhang, Moody's remains confident that Crane's management team is committed to an investment grade credit rating (with or without a transaction).
United Technologies' (UTX) second-quarter earnings are likely to benefit from strong prospects of its aerospace and commercial businesses. However, rising costs pose a concern.
Carlisle's (CSL) strength in Construction Materials and Interconnect Technologies segments, as well as accretive buyouts will aid second-quarter 2019 results. High operating costs pose a concern.
Circor (CIR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Honeywell's (HON) strength in commercial aerospace, automation and process solutions businesses as well as buoyancy in demand for the commercial fire and security products will aid Q2 results.
Milacron's (MCRN) latest agreement with Hillenbrand poised to bank on emerging trends across the plastic-value chain, with a broader global scale, product diversification and a solid global presence.