Equities research analysts predict that CIRCOR International, Inc. (NYSE:CIR) will post sales of $169.13 million for the current fiscal quarter, Zacks Investment Research reports. Three analysts have made estimates for CIRCOR International’s earnings, with the lowest sales estimate coming in at $165.10 million and the highest estimate coming in at $172.50 million. CIRCOR International reported sales of $158.24 million in the same quarter last year, which indicates a positive year over year growth rate of 6.9%. The business is expected to announce its next earnings report on Thursday, February 15th.

On average, analysts expect that CIRCOR International will report full year sales of $169.13 million for the current year, with estimates ranging from $621.20 million to $628.70 million. For the next fiscal year, analysts anticipate that the business will post sales of $1.15 billion per share, with estimates ranging from $1.13 billion to $1.16 billion. Zacks Investment Research’s sales calculations are an average based on a survey of research firms that follow CIRCOR International.

CIRCOR International (NYSE:CIR) last announced its quarterly earnings data on Friday, October 27th. The industrial products company reported $0.43 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.40 by $0.03. The firm had revenue of $159.70 million during the quarter, compared to analyst estimates of $154.65 million. CIRCOR International had a return on equity of 6.30% and a net margin of 2.50%. CIRCOR International’s quarterly revenue was up 18.5% on a year-over-year basis. During the same period in the previous year, the company earned $0.46 earnings per share.

Several analysts recently weighed in on the company. Zacks Investment Research lowered CIRCOR International from a “buy” rating to a “hold” rating in a report on Friday, January 12th. KeyCorp raised CIRCOR International from a “sector weight” rating to an “overweight” rating and set a $53.00 price objective for the company in a report on Monday, November 6th. Finally, Stifel Nicolaus reissued a “buy” rating and issued a $66.00 price objective on shares of CIRCOR International in a report on Tuesday, October 17th. Two research 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 stock currently has a consensus rating of “Hold” and a consensus target price of $61.33.

Shares of CIRCOR International (NYSE CIR) opened at $53.53 on Monday. 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 $883.27, a PE ratio of 57.56 and a beta of 1.60. CIRCOR International has a fifty-two week low of $42.25 and a fifty-two week high of $72.96.

Large investors have recently bought and sold shares of the company. Thrivent Financial For Lutherans grew its holdings in shares of CIRCOR International by 2.5% during the second quarter. Thrivent Financial For Lutherans now owns 101,256 shares of the industrial products company’s stock valued at $6,012,000 after purchasing an additional 2,480 shares during the last quarter. Municipal Employees Retirement System of Michigan grew its holdings in shares of 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 valued at $337,000 after purchasing an additional 2,320 shares during the last quarter. California Public Employees Retirement System grew its holdings in shares of 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 valued at $808,000 after purchasing an additional 300 shares during the last quarter. TIAA CREF Investment Management LLC grew its holdings in shares of CIRCOR International by 1.8% during the second quarter. TIAA CREF Investment Management LLC now owns 44,522 shares of the industrial products company’s stock valued at $2,644,000 after purchasing an additional 783 shares during the last quarter. Finally, Piedmont Investment Advisors LLC bought a new position in shares of CIRCOR International during the second quarter valued at approximately $212,000.

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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)).

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Earnings History and Estimates for CIRCOR International (NYSE:CIR)

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