Is Curtiss riskier than Barnes Group (NYSE:B)?

Barnes would recover faster from the current slip as its shares price went up 0.62% to Curtiss Wright's 0.97%As many millenniums are getting more into industrials space, we are going to focus on Curtiss Wright and Barnes as potential short-term trade. We are going to recap some of the competitive aspects of both Curtiss and Barnes.
Published over a year ago
View all stories for Curtiss Wright | View All Stories
Macroaxis uses a strict editorial review process to publish stories and blog posts. Our publishers support our company and may receive a small commission when the partner links or references are utilized. Commissions do not affect the opinions or evaluations of our editorial team. The information our editors and media partners deliver is confidential and licensed for your sole use as a Macroaxis user. We reserve all rights to the content of this article, and therefore copying or distributing this story in whole or in part is strictly prohibited.

Reviewed by Rifka Kats

By analyzing existing forward indicators between Curtiss Wright and Barnes, you can compare the effects of market volatilities on both companies' prices and check if they can diversify away market risk if combined in one of your portfolios. You can also utilize pair trading strategies for matching a long position in Barnes with a short position in Curtiss Wright. Check out our pair correlation module for more information.

Let's begin by analyzing the assets. The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Curtiss Wright has an asset utilization ratio of 83.96 percent. This indicates that the company is making $0.84 for each dollar of assets. An increasing asset utilization means that Curtiss Wright is more efficient with each dollar of assets it utilizes for everyday operations.
Out of tens of thousands of stocks, funds, and ETFs that trade on global exchanges each represent an individual company which you can analyze using comparative analysis. To determine which one of the two entities, such as Curtiss or Hexcel is a better fit for your portfolio, analyzing a few basic fundamental indicators is a good first step.

understanding Curtiss Wright dividends

A dividend is the distribution of a portion of Curtiss Wright earnings, decided and managed by the company's board of directors and paid to a class of its shareholders. Note, announcements of dividend payouts are generally accompanied by a proportional increase or decrease in a company's stock price. Curtiss Wright dividend payments follow a chronological order of events, and the associated dates are important to determine the shareholders who qualify for receiving the dividend payment. Curtiss one year expected dividend income is about USD0.52 per share.
Dividends Paid is likely to drop to about 20.4 M in 2024. Dividend Yield is likely to drop to 0 in 2024.
Last ReportedProjected for Next Year
Dividends Paid30.2 M20.4 M
Dividend Yield 0  0 
Dividend Payout Ratio 0.09  0.08 
Dividend Paid And Capex Coverage Ratio(31.08)(29.53)
Investing in dividend-paying stocks, such as Curtiss Wright is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in Curtiss Wright must own a stock before its ex-dividend date to receive its next dividend.
This type of analysis is very useful when you want to generate a past dividend schedule and payout information for Curtiss Wright. Then that information in the form of graph and calendar can be used to fully explain how Du Pont dividends can provide a real clue to its valuation.

How important is Curtiss Wright's Liquidity

Curtiss Wright financial leverage refers to using borrowed capital as a funding source to finance Curtiss Wright ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Curtiss Wright financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to Curtiss Wright's owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Curtiss Wright's financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the breakdown between Curtiss Wright's total debt and its cash.

Correlation Between Curtiss and Hexcel

In general, Stock analysis is a method for investors and traders to make individual buying and selling decisions. Stock correlation analysis is also essential because it can help investors realize that they may not be as diversified as they think. Risk management strategies are usually required to make sure all portfolios are properly aligned against their risk tolerance level. You can consider holding Curtiss Wright together with similar or unrelated positions with a negative correlation. For example, you can also add Hexcel to your portfolio. If Hexcel is not perfectly correlated to Curtiss Wright it will diversify some of the market risks out of the positively correlated stocks in your portfolio. However, the disadvantage of this sort of hedging is that it can potentially affect your investment returns throughout market cycles. When Curtiss Wright, for example, performs excellent and delivers stable returns, the negatively correlated position you locked in as a hedge may drag your returns down.
Are you currently holding both Curtiss Wright and Hexcel in your portfolio? Please note if you are using this as a pair-trade strategy between Curtiss Wright and Hexcel, watch out for correlation discrepancy over time. Relying on the historical price correlations and assuming that it will not change may lead to short-term losses. Please check pair correlation details between CW and HXL for more information.

Another Outlook On Curtiss Wright

Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include product or services discounts, promotions, as well as early payments on invoices or services rendered in advance.

Revenue Breakdown

Now, let's check Curtiss Wright revenue. Based on the latest financial disclosure, Curtiss Wright reported 2.51 B of revenue. This is 28.26% lower than that of the Industrials sector and significantly higher than that of the Specialty Industrial Machinery industry. The revenue for all United States stocks is 73.4% higher than that of the firm. As for Barnes we see revenue of 1.31 B, which is much higher than that of the Specialty Industrial Machinery
Curtiss2.51 Billion
Sector0.0
Barnes1.31 Billion
2.5 B
Curtiss
Sector
1.3 B
Barnes

Curtiss Wright has 62% chance to stay above $91 in the coming weeks

Coefficient Of Variation just dropped to -1846.06, may cause upcoming price decline. Curtiss Wright exhibits very low volatility with skewness of 0.35 and kurtosis of 0.6. However, we advise investors to further study Curtiss Wright technical indicators to make sure all market info is available and is reliable.

Our Conclusion on Curtiss Wright

While some other companies in the specialty industrial machinery industry are either recovering or due for a correction, Curtiss may not be as strong as the others in terms of longer-term growth potentials. In closing, as of the 2nd of August 2020, our analysis shows that Curtiss Wright barely shadows the market. The venture is undervalued and projects below average odds of financial turmoil for the next 2 years. However, our final 30 days advice on the venture is Strong Sell.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

Editorial Staff

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Gabriel Shpitalnik do not own shares of Curtiss Wright. Please refer to our Terms of Use for any information regarding our disclosure principles.

Would you like to provide feedback on the content of this article?

You can get in touch with us directly or send us a quick note via email to editors@macroaxis.com