Shares of CIRCOR International, Inc. (NYSE:CIR) have been assigned an average rating of “Hold” from the eight research firms that are currently covering the company, Marketbeat Ratings reports. Three investment analysts have rated the stock with a sell recommendation, one has assigned a hold recommendation and four have given a buy recommendation to the company. The average 1 year price objective among analysts that have covered the stock in the last year is $65.00.

A number of brokerages have issued reports on CIR. Sidoti raised shares of CIRCOR International from a “neutral” rating to a “buy” rating and set a $75.00 target price for the company in a research note on Thursday, June 22nd. They noted that the move was a valuation call. Zacks Investment Research lowered shares of CIRCOR International from a “hold” rating to a “strong sell” rating in a research note on Wednesday, August 2nd. ValuEngine raised shares of CIRCOR International from a “sell” rating to a “hold” rating in a research note on Friday, June 2nd. SunTrust Banks, Inc. raised shares of CIRCOR International from a “hold” rating to a “buy” rating and decreased their target price for the company from $65.00 to $60.00 in a research note on Tuesday, August 1st. Finally, BidaskClub lowered shares of CIRCOR International from a “hold” rating to a “sell” rating in a research note on Thursday, July 27th.

Several large investors have recently added to or reduced their stakes in CIR. Arizona State Retirement System raised its stake in CIRCOR International by 1.2% in the first quarter. Arizona State Retirement System now owns 8,538 shares of the industrial products company’s stock valued at $507,000 after buying an additional 100 shares during the last quarter. Russell Investments Group Ltd. raised its stake in CIRCOR International by 0.4% in the first quarter. Russell Investments Group Ltd. now owns 59,177 shares of the industrial products company’s stock valued at $3,517,000 after buying an additional 236 shares during the last quarter. California Public Employees Retirement System raised its stake in CIRCOR International by 2.3% in 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 buying an additional 300 shares during the last quarter. Comerica Bank raised its stake in CIRCOR International by 1.8% in the first 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 during the last quarter. Finally, Thrivent Financial For Lutherans raised its stake in CIRCOR International by 0.5% in the first quarter. Thrivent Financial For Lutherans now owns 98,776 shares of the industrial products company’s stock valued at $5,871,000 after buying an additional 470 shares during the last quarter.

CIRCOR International (CIR) opened at 48.27 on Friday. The firm’s 50 day moving average price is $55.60 and its 200-day moving average price is $60.56. The stock has a market cap of $796.41 million, a price-to-earnings ratio of 49.56 and a beta of 1.66. CIRCOR International has a 52 week low of $47.46 and a 52 week high of $72.96.

CIRCOR International (NYSE:CIR) last issued its earnings results on Friday, July 28th. The industrial products company reported $0.39 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.46 by $0.07. The company had revenue of $151.20 million for the quarter, compared to analyst estimates of $158.09 million. CIRCOR International had a net margin of 2.74% and a return on equity of 6.55%. The company’s quarterly revenue was up 3.1% on a year-over-year basis. During the same period last year, the business earned $0.53 EPS. Analysts expect that CIRCOR International will post $1.72 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, August 30th. Shareholders of record on Wednesday, August 16th will be paid a dividend of $0.0375 per share. This represents a $0.15 dividend on an annualized basis and a dividend yield of 0.31%. The ex-dividend date of this dividend is Monday, August 14th. CIRCOR International’s dividend payout ratio (DPR) is currently 15.31%.

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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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