Stifel Nicolaus restated their buy rating on shares of CIRCOR International, Inc.
CIR has been the topic of several research reports. Bank of New York Mellon Corp now owns 220,207 shares of the industrial products company's stock valued at $13,089,000 after buying an additional 8,173 shares during the period.
Other firms have also shifted positions in (CIR). Stifel Nicolaus upgraded 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 report on Monday, April 17th. They noted that the move was a valuation call. BidaskClub lowered shares of CIRCOR International from a "sell" rating to a "strong sell" rating in a research report on Friday, August 4th.
On June 21 the stock rating was downgraded to "Sell" from "Accumulate" by analysts at Seaport Global. The company presently has a consensus rating of "Hold" and a consensus target price of $65.83. The company had a trading volume of 70,525 shares. CIRCOR International, Inc. has a 52-week low of $47.46 and a 52-week high of $72.96.
Company shares last traded at $48.27 which is much lower than $55.88, the 50 day moving average and impressively lower than the 200 day moving average of $60.65.
CIRCOR International, Inc.'s P/E ratio is 49.56 and market capitalization is 796.41M.
The value of the total investment in CIRCOR International, Inc. increased from $1,718,000 to $1,769,000 a change of 3.0% since the last quarter. The industrial products company reported $0.39 EPS for the quarter, missing the Zacks' consensus estimate of $0.46 by $0.07. The company had revenue of $151.20 million for the quarter, compared to the consensus estimate of $158.09 million. The value of the company's investment in CIRCOR International, Inc. went from $1,517,000 to $1,420,000 a change of 6.4% quarter over quarter. The firm's quarterly revenue was up 3.1% compared to the same quarter previous year. Next quarter's EPS is forecasted at $0.58 with next year's EPS projected to be $2.44. Equities research analysts predict that CIRCOR International will post $1.72 earnings per share for the current year.
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The company is so far trading unchanged by 0.00 percent from yesterday's close. The company also recently declared a dividend for shareholders which was paid on Thursday June 8th, 2017. The ex-dividend date is Monday, August 14th. The dividend payment was $0.038 per share for the quarter which comes to $0.15 on an annualized basis.
A number of large investors have recently bought and sold shares of the stock. Russell Investments Group Ltd. acquired a new position in CIRCOR International during the fourth quarter valued at approximately $3,841,000. Primecap Management Co/ca/ reduced its position by shedding 4,500 shares a decrease of 1.2% as of 06/30/2017. Cortina Asset Management, LLC now owns 101,886 shares valued at $6,050,000. Comerica Bank now owns 17,988 shares of the industrial products company's stock valued at $1,124,000 after buying an additional 1,000 shares during the last quarter. CIRCOR International earned a media sentiment score of 0.07 on Accern's scale. The value of the investment in CIR decreased from $6,135,000 to $6,050,000 decreasing 1.4% for the reporting period. Finally, ValuEngine raised shares of CIRCOR International from a "sell" rating to a "hold" rating in a research report on Friday, June 2nd. Elk Creek Partners, LLC expanded its holdings by buying 8,694 shares an increase of 3.2% in the quarter.