CW Stock Summary and Trading Ideas (Curtiss-Wright | NYSE:CW)

Curtiss-Wright Corporation delivers engineered products and services to commercial, defence, power generation, and other industrial markets. It offers industrial vehicle components, control systems and weapons handling systems, pumps, valves, and other solutions. The diversified global company attempts to deliver products on high-performance platforms that require technical sophistication. It has three operating segments based on the markets serviced: Naval & Power which provides coolant pumps, power-dense compact motors, generators, secondary propulsion systems, pumps, pump seals, valves, control rod drive mechanisms, and fastening systems also generate the majority of revenue for the company; Its others segments are Aerospace & Industrial and Defense Electronics.

Curtiss-Wright trades on the NYSE stock market under the symbol CW.

As of April 18, 2024, CW stock price declined to $248.53 with 111,178 million shares trading.

CW has a beta of 0.79, meaning it tends to be less sensitive to market movements. CW has a correlation of 0.26 to the broad based SPY ETF.

CW has a market cap of $9.51 billion. This is considered a Mid Cap stock.

Last quarter Curtiss-Wright reported $786 million in Revenue and $3.16 earnings per share. This beat revenue expectation by $42 million and exceeded earnings estimates by $.24.

In the last 3 years, CW stock traded as high as $261.46 and as low as $111.26.

The top ETF exchange traded funds that CW belongs to (by Net Assets): VTI, IJH, VB, VXF, ITA.

CW has outperformed the market in the last year with a price return of +40.5% while the SPY ETF gained +22.3%. CW has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +12.8% and -3.4%, respectively, while the SPY returned +6.1% and -3.8%, respectively.

CW support price is $246.70 and resistance is $252.64 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CW stock will trade within this expected range on the day.