Curtiss-Wright Reaches New 52-Week High (CW)

NEW YORK ( TheStreet) -- Curtiss-Wright Corporation (NYSE: CW) hit a new 52-week high Tuesday as it is currently trading at $41.57, above its previous 52-week high of $39.71 with 47,330 shares traded as of 9:45 a.m. ET. Average volume has been 237,900 shares over the past 30 days.

Curtiss-Wright has a market cap of $1.73 billion and is part of the industrial goods sector and aerospace/defense industry. Shares are up 11.8% year to date as of the close of trading on Monday.

Curtiss-Wright Corporation, together with its subsidiaries, designs, manufactures, and overhauls precision components and systems. It operates in three segments: Flow Control, Motion Control, and Metal Treatment. The company has a P/E ratio of 14.3, above the average aerospace/defense industry P/E ratio of 13.6 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Curtiss-Wright as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and attractive valuation levels. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full Curtiss-Wright Ratings Report.

See all 52-week high stocks or get investment ideas from our investment research center.

If you liked this article you might like

Market Recon: It's Obvious the U.S. Consumer Is Far From Being OK

Market Recon: Markets Are Pricing in a Growth-Inspired Goodness

Analysts' Actions -- Disney, Nvidia, Perrigo, Archer-Daniels and More

Here Is Why to Buy These 2 Top-Notch Defense Industry Stocks Now

New Lifetime High Today: Curtiss-Wright (CW)