CW

Curtiss-Wright (CW) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

In the current market session, Curtiss-Wright Inc. (NYSE: CW) is trading at $97.28, after a 1.06% increase. However, over the past month, the stock fell by 1.44%, and in the past year, by 22.64%. Shareholders might be interested in knowing whether the stock is undervalued, even if the company is performing up to par in the current session.The stock is currently higher from its 52 week low by 37.86%. Assuming that all other factors are held constant, this could present itself as an opportunity for investors trying to diversify their portfolio with Aerospace & Defense stocks, and capitalize on the lower share price observed over the year.The P/E ratio is used by long-term shareholders to assess the company's market performance against aggregate market data, historical earnings, and the industry at large. A lower P/E indicates that shareholders do not expect the stock to perform better in the future, and that the company is probably undervalued. It shows that shareholders are less than willing to pay a high share price, because they do not expect the company to exhibit growth, in terms of future earnings.View more earnings on CWMost often, an industry will prevail in a particular phase of a business cycle, than other industries.Compared to the aggregate P/E ratio of the 36.47 in the Aerospace & Defense industry, Curtiss-Wright Inc. has a lower P/E ratio of 16.19. Shareholders might be inclined to think that they might perform worse than its industry peers. It's also possible that the stock is undervalued.There are many limitations to price to earnings ratio. It is sometimes difficult to determine the nature of the earnings makeup of a company. Shareholders might not get what they're looking for, from trailing earnings.See more from Benzinga * Options Trades For This Crazy Market: Get Benzinga Options to Follow High-Conviction Trade Ideas * Stocks That Hit 52-Week Lows On Friday * A Look Into Edwards Lifesciences Price Over Earnings(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Heading into Q3 earnings season for aerospace and defense (coming next week, while airlines get an earlier start this week), the stocks logged a difficult quarter, UBS notes. Aerospace names

William Blair looked for industrial stocks with above average growth and “exception capital redeployment.”

Lockheed's (LMT) Aeronautics segment wins a $710 million deal to support low-rate initial production of F-35 aircraft. Curtiss-Wright (CW) agrees to buy Pacific Star Communications for $400 million.

Curtiss-Wright Corporation (NYSE: CW) expects to release its third quarter 2020 financial results after the close of trading on Wednesday, October 28, 2020. A webcast conference call will be held on Thursday, October 29, 2020 at 10:00 am ET for management to discuss the Company’s third quarter 2020 performance

Curtiss-Wright is making the largest acquisition to date in this uncertain environment.The deal looks nice, yet leverage ratios are increasing quite a bit to still acceptable levels.Low expectations and strong long-term value creation is what makes me compelled to the shares here.

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