Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Curtiss-Wright Corp (NYSE: CW) weakened recently. CW's current Value Trend Rating is C and the prior Rating was B. Details supporting this lower rating are included in our next report.
Recent Price Action
On 3/18/24, Curtiss-Wright Corp (NYSE: CW) stock rose modestly by 0.8%, closing at $244.73. This advance was accompanied by normal trading volume. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 1.2% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, CW is expected to continue to be an important Value Builder.
Curtiss-Wright has a current Value Trend Rating of C (High Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock's attractiveness. Curtiss-Wright has a slightly negative Appreciation Score of 33 but a very high Power Rating of 92, with the High Neutral Value Trend Rating the result.