Here's Why You Should Add Curtiss-Wright To Your Portfolio
Zacks Investment Research | Dec 26, 2019 07:49AM ET
Curtiss-Wright Corporation (NYSE:CW) expects to benefit from increasing trade activity and rising need for replacing aging fleet with new jets in the commercial aerospace market.
Let’s focus on the factors that make this Zacks Rank #2 (Buy) stock a solid pick at the moment.
Growth Projections
The Zacks Consensus Estimate for 2019 earnings per share is pegged at $7.19 on $2.52-billion revenues. The bottom and the top lines are expected to rise year over year, which indicates increase of 12.87% and 4.41%, respectively.
The consensus mark for 2020 earnings is pegged at $7.64 per share on revenues of $2.61 billion. While the bottom line suggests a 6.34% increase, the top line indicates 3.68% improvement on a year-over-year basis.
The company’s long-term (three to five years) earnings growth is pegged at 8.30%.
Price Movement & Surprise History
In the past six months, company’s shares have rallied 17% compared with the Zacks Investment Research
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