CIRCOR International posted sales of $134.83 million during the same quarter last year, which would indicate a positive year-over-year growth rate of 15.4%. The business is scheduled to announce its next quarterly earnings report on Friday, October 27th. CIRCOR International, Inc. has a one year low of $47.46 and a one year high of $72.96. For the next fiscal year, analysts anticipate that the company will report sales of $684.40 million per share, with estimates ranging from $640.10 million to $726.40 million. This is the average number based on the total brokerage firms taken into consideration by Beta Systems Research. The RSI for CIRCOR International, Inc.(NYSE:CIR) now stands at 27.98. The industrial products company reported $0.39 EPS for the quarter, missing the Zacks' consensus estimate of $0.46 by $0.07. 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 had revenue of $151.20 million for the quarter, compared to the consensus estimate of $158.09 million. During the same quarter in the prior year, the company earned $0.53 EPS. CIRCOR International's revenue was up 3.1% compared to the same quarter past year. Zacks Investment Research raised CIRCOR International from a "strong sell" rating to a "hold" rating in a report on Monday, July 17th. ValuEngine upgraded shares of CIRCOR International from a "sell" rating to a "hold" rating in a report on Friday, June 2nd. Finally, SunTrust Banks, Inc. upgraded shares of CIRCOR International from a "hold" rating to a "buy" rating and lowered their price objective for the stock from $65.00 to $60.00 in a research report on Tuesday, August 1st. Three analysts have rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the company's stock. The stock has an average rating of Hold and an average target price of $65.83.
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Shares of CIRCOR International (CIR) traded up 0.86% during trading on Friday, reaching $48.27.
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On June 21 the company was changed to a "Sell" according to a Seaport Global report down from the previous "Accumulate" rating. CIRCOR International, Inc. has recorded a 50-day average of $56.09 and a two hundred day average of $60.74.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 30th. This represents a $0.15 dividend on an annualized basis and a dividend yield of 0.31%. The ex-dividend date is Monday, August 14th.
Several hedge funds and other institutional investors have recently bought and sold shares of CIR. Arizona State Retirement System now owns 8,538 shares of the industrial products company's stock worth $507,000 after buying an additional 100 shares during the period. Quantbot Technologies LP raised its position in shares of CIRCOR International by 454.0% in the second quarter. Teachers Advisors LLC now owns 27,743 shares of the industrial products company's stock valued at $1,800,000 after buying an additional 1,757 shares during the last quarter. Ameriprise Financial Inc. raised its stake in shares of CIRCOR International by 0.8% in the second quarter. Comerica Bank now owns 18,305 shares of the industrial products company's stock valued at $1,190,000 after buying an additional 317 shares in the last quarter. As of the end of the quarter Tiaa Cref Investment Management LLC had acquired 783 shares growing its position 1.8%.