CIRCOR International (NYSE:CIR) had its price objective upped by Stifel Nicolaus from $52.00 to $61.00 in a research note published on Tuesday morning. Stifel Nicolaus currently has a buy rating on the industrial products company’s stock.

CIR has been the topic of a number of other research reports. Zacks Investment Research lowered shares of CIRCOR International from a buy rating to a hold rating in a research note on Friday, January 12th. KeyCorp upgraded shares of CIRCOR International from a sector weight rating to an overweight rating and set a $53.00 target price for the company in a report on Monday, November 6th. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating and five have assigned a buy rating to the company. The company currently has an average rating of Hold and an average price target of $61.33.

CIRCOR International (NYSE CIR) traded up $1.30 during midday trading on Tuesday, hitting $53.53. 63,809 shares of the company were exchanged, compared to its average volume of 69,103. CIRCOR International has a fifty-two week low of $42.25 and a fifty-two week high of $72.96. The company has a quick ratio of 1.85, a current ratio of 3.20 and a debt-to-equity ratio of 0.58. The firm has a market capitalization of $862.65, a price-to-earnings ratio of 32.27 and a beta of 1.60.

CIRCOR International (NYSE:CIR) last posted its quarterly earnings data on Friday, October 27th. The industrial products company reported $0.43 EPS for the quarter, beating the Zacks’ consensus estimate of $0.40 by $0.03. CIRCOR International had a net margin of 2.50% and a return on equity of 6.30%. The business had revenue of $159.70 million for the quarter, compared to analyst estimates of $154.65 million. During the same quarter last year, the business earned $0.46 earnings per share. The business’s revenue for the quarter was up 18.5% on a year-over-year basis. analysts forecast that CIRCOR International will post 1.62 EPS for the current year.

A number of large investors have recently modified their holdings of the stock. SG Americas Securities LLC bought a new stake in CIRCOR International during the third quarter worth approximately $121,000. Municipal Employees Retirement System of Michigan boosted its holdings in CIRCOR International by 59.9% during the third quarter. Municipal Employees Retirement System of Michigan now owns 6,190 shares of the industrial products company’s stock worth $337,000 after buying an additional 2,320 shares in the last quarter. Piedmont Investment Advisors LLC bought a new stake in CIRCOR International during the second quarter worth approximately $212,000. Quantbot Technologies LP boosted its holdings in CIRCOR International by 454.0% during the second quarter. Quantbot Technologies LP now owns 3,014 shares of the industrial products company’s stock worth $178,000 after buying an additional 2,470 shares in the last quarter. Finally, California Public Employees Retirement System boosted its holdings in CIRCOR International by 2.3% during the second quarter. California Public Employees Retirement System now owns 13,600 shares of the industrial products company’s stock worth $808,000 after buying an additional 300 shares in the last quarter.

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CIRCOR International Company Profile

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)).

Analyst Recommendations for CIRCOR International (NYSE:CIR)

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