Shares of CIRCOR International, Inc. (NYSE:CIR) have been given an average recommendation of “Hold” by the eight ratings firms that are currently covering the company, Marketbeat reports. Two research analysts have rated the stock with a sell recommendation, one has given a hold recommendation and five have assigned a buy recommendation to the company. The average 1 year target price among analysts that have covered the stock in the last year is $61.33.
A number of equities research analysts have recently commented on the company. Zacks Investment Research cut CIRCOR International from a “buy” rating to a “hold” rating in a research note on Friday, January 12th. KeyCorp upgraded CIRCOR International from a “sector weight” rating to an “overweight” rating and set a $53.00 target price on the stock in a research note on Monday, November 6th. Finally, Stifel Nicolaus reiterated a “buy” rating and set a $66.00 target price on shares of CIRCOR International in a research note on Tuesday, October 17th.
Institutional investors have recently made changes to their positions in the stock. SG Americas Securities LLC bought a new stake in CIRCOR International in the 3rd quarter valued at about $121,000. Quantbot Technologies LP raised its stake in CIRCOR International by 454.0% in the 2nd quarter. Quantbot Technologies LP now owns 3,014 shares of the industrial products company’s stock valued at $178,000 after acquiring an additional 2,470 shares during the period. Piedmont Investment Advisors LLC bought a new stake in CIRCOR International in the 2nd quarter valued at about $212,000. Municipal Employees Retirement System of Michigan raised its stake in CIRCOR International by 59.9% in the 3rd quarter. Municipal Employees Retirement System of Michigan now owns 6,190 shares of the industrial products company’s stock valued at $337,000 after acquiring an additional 2,320 shares during the period. Finally, California Public Employees Retirement System raised its stake in CIRCOR International by 2.3% in the 2nd quarter. California Public Employees Retirement System now owns 13,600 shares of the industrial products company’s stock valued at $808,000 after acquiring an additional 300 shares during the period.
CIRCOR International (NYSE:CIR) traded down $0.47 during midday trading on Friday, hitting $47.95. The stock had a trading volume of 147,254 shares, compared to its average volume of 97,546. The company has a market cap of $848.79, a PE ratio of 51.09 and a beta of 1.62. CIRCOR International has a 12 month low of $42.25 and a 12 month 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.
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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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