Discover how Curtiss-Wright (NYSE:) Corporation's stock has surged to an all-time high of $334.26, marking a phenomenal 72.54% increase in value over the past year. This milestone reflects the company's strong market position and investor confidence, fueled by innovative strategies in aerospace, defense, and industrial sectors.
Recent collaborations with Westinghouse Electric Company for nuclear reactor projects and a $26 million contract to modernize the Belgian Air Force's aircraft arresting systems have bolstered Curtiss-Wright's global presence. Additionally, a 11% rise in sales, 16% increase in operating income, and a 24% growth in diluted earnings per share showcase the company's financial prowess.
Baird analysts have raised the price target for Curtiss-Wright shares to $312, maintaining an Outperform rating. With a $12.76 billion market capitalization, 68.55% total return over the past year, and 51 consecutive years of dividend payments, Curtiss-Wright remains a strong contender in the engineering sector.
InvestingPro Insights
InvestingPro data reinforces Curtiss-Wright's financial health, with a 10.45% revenue growth over the last twelve months and an 18.46% operating income margin. The company's consistent dividend payments and proximity to its 52-week high further indicate its stability and growth potential.
For in-depth analysis and 17 additional tips on Curtiss-Wright's investment opportunities, InvestingPro offers comprehensive insights tailored for savvy investors.
Unlock the potential of Curtiss-Wright Corporation's stellar performance and strategic partnerships with InvestingPro's unparalleled insights.