Curtiss-Wright Corporation designs, manufactures, and overhauls precision components, and engineered products and services primarily to the aerospace, defense, automotive, shipbuilding, processing, oil, petrochemical, agricultural equipment, railroad, power generation, security, and metalworking industries worldwide. The company was founded in 1929 and is based in Charlotte, North Carolina.
CW Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Curtiss Wright Corp. To summarize, we found that Curtiss Wright Corp ranked in the 45th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. In terms of the factors that were most noteworthy in this DCF analysis for CW, they are:
The company's debt burden, as measured by earnings divided by interest payments, is 11.46; that's higher than 76.17% of US stocks in the Industrials sector that have positive free cash flow.
Curtiss Wright Corp's weighted average cost of capital (WACC) is 7%; for context, that number is higher than only 22.48% of tickers in our DCF set.
CW's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than only 22.48% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Curtiss Wright Corp? See TT, USAK, WTS, LMT, and LUV.
Curtiss-Wright Corporation (NYSE: CW) today announced that it has been awarded contracts valued in excess of $220 million to provide propulsion valves, pumps and advanced instrumentation and control systems for the U.S. Navy’s Virginia-class nuclear powered attack submarine, Columbia-class submarine and Ford-class aircraft carrier programs. The awards were received from Bechtel Plant Machinery, Inc. (BPMI) and General Dynamics Electric Boat to support ship construction, spare parts and submarine back-fit procurements.
Curtiss-Wright Corporation (NYSE: CW) expects to release its second quarter 2020 financial results after the close of trading on Monday, August 3, 2020. A webcast conference call will be held on Tuesday, August 4, 2020 at 10:00 am ET for management to discuss the Company’s second quarter 2020 performance. David C. Adams, Chairman and Chief Executive Officer, and K. Christopher Farkas, Vice President and Chief Financial Officer, will host the call.