Notable Reporting: Can CIRCOR International, Inc.’s Tomorrow be Different? The Stock Declines Again

Notable Reporting: Can CIRCOR International, Inc.'s Tomorrow be Different? The Stock Declines Again

The stock of CIRCOR International, Inc. (NYSE:CIR) is a huge mover today! About 154,616 shares traded hands or 124.94% up from the average. CIRCOR International, Inc. (NYSE:CIR) has risen 42.33% since March 3, 2016 and is uptrending. It has outperformed by 33.98% the S&P500.
The move comes after 5 months negative chart setup for the $901.00 million company. It was reported on Oct, 6 by Barchart.com. We have $49.60 PT which if reached, will make NYSE:CIR worth $81.09M less.

Analysts await CIRCOR International, Inc. (NYSE:CIR) to report earnings on November, 14. They expect $0.54 earnings per share, down 15.63% or $0.10 from last year’s $0.64 per share. CIR’s profit will be $8.93M for 25.24 P/E if the $0.54 EPS becomes a reality. After $0.53 actual earnings per share reported by CIRCOR International, Inc. for the previous quarter, Wall Street now forecasts 1.89% EPS growth.

CIRCOR International, Inc. (NYSE:CIR) Ratings Coverage

Out of 5 analysts covering CIRCOR International (NYSE:CIR), 2 rate it a “Buy”, 1 “Sell”, while 2 “Hold”. This means 40% are positive. CIRCOR International has been the topic of 7 analyst reports since November 3, 2015 according to StockzIntelligence Inc. Stifel Nicolaus upgraded it to “Buy” rating and $68 target price in Monday, May 2 report. The firm has “Accumulate” rating by Seaport Global given on Wednesday, March 9. The rating was downgraded by SunTrust to “Reduce” on Thursday, April 14. Suntrust Robinson initiated the stock with “Neutral” rating in Tuesday, November 3 report. The rating was initiated by SunTrust with “Neutral” on Tuesday, November 3. The stock of CIRCOR International, Inc. (NYSE:CIR) earned “Sector Weight” rating by KeyBanc Capital Markets on Tuesday, September 20.

According to Zacks Investment Research, “CIRCOR International, Inc. designs, manufactures and distributes valves and related products and services for use in a wide range of applications to optimize the efficiency or ensure the safety of fluid-control systems. The valves and related fluid-control products we manufacture are used in processing industries; oil and gas production, pipeline construction and maintenance; aerospace, military and commercial aircraft; pharmaceutical, medical and analytical equipment; and maritime manufacturing and maintenance.”

Insitutional Activity: The institutional sentiment decreased to 0.93 in Q2 2016. Its down 0.75, from 1.68 in 2016Q1. The ratio dropped, as 7 funds sold all CIRCOR International, Inc. shares owned while 47 reduced positions. 12 funds bought stakes while 38 increased positions. They now own 14.95 million shares or 8.83% less from 16.40 million shares in 2016Q1.
Pub Sector Pension Board last reported 11,377 shares in the company. Moreover, Bancorp Of America Corp De has 0% invested in CIRCOR International, Inc. (NYSE:CIR) for 3,636 shares. Texas Permanent School Fund holds 0.01% of its portfolio in CIRCOR International, Inc. (NYSE:CIR) for 12,556 shares. Teton Advisors accumulated 0.95% or 184,900 shares. Prospector Partners Limited Com has 1.3% invested in the company for 134,000 shares. Primecap Mngmt Com Ca reported 371,700 shares or 0.02% of all its holdings. Jennison Associates Ltd last reported 0% of its portfolio in the stock. Capstone Asset Mgmt reported 5,280 shares or 0.01% of all its holdings. Rice Hall James Associate Limited last reported 26,001 shares in the company. The California-based Blackrock Fund Advisors has invested 0.01% in CIRCOR International, Inc. (NYSE:CIR). Pnc Financial Gp last reported 0% of its portfolio in the stock. State Street Corp has 0% invested in the company for 325,361 shares. Teachers Retirement System Of The State Of Kentucky reported 6,000 shares or 0% of all its holdings. Voya Ltd Liability Corp has 426,810 shares for 0.06% of their US portfolio. National Bank Of Montreal Can last reported 0% of its portfolio in the stock.

Insider Transactions: Since May 25, 2016, the stock had 0 insider buys, and 2 sales for $757,810 net activity. Shares for $183,510 were sold by HAYES DOUGLAS M.

More recent CIRCOR International, Inc. (NYSE:CIR) news were published by: Marketwatch.com which released: “/quotes/zigman/3870025/realtime” on July 23, 2009. Also Quotes.Wsj.com published the news titled: “News Circor International Inc.CIR” on February 11, 2011. Businesswire.com‘s news article titled: “Robbins Arroyo LLP Is Investigating the Officers and Directors of CIRCOR …” with publication date: November 17, 2015 was also an interesting one.

CIR Company Profile

CIRCOR International, Inc. (CIRCOR), incorporated on July 1, 1999, designs, makes and markets engineered products and sub-systems, which are used in the gas and oil, power generation, aerospace, defense and other industrial markets. The Firm operates through two divisions: CIRCOR Energy (Energy), and CIRCOR Aerospace & Defense (Aerospace & Defense). The Firm manages a portfolio of flow control and actuation products, sub-systems and technologies. It operates approximately 20 manufacturing facilities that are located in the United States, Western Europe, Morocco, India and the People’s Republic of China. The Firm sells its products through approximately 700 distributors or representatives and directly to end use customers.

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