Curtiss-Wright Corporation (CW – Q4FY19 & FY19) – Solid Sales, profits & margins in FY19; Restructured Business to drive earnings in future.

Curtiss-Wright Corporation announced that it has entered into an agreement to acquire the stock of Dyna-Flo Control Valve Services Ltd. (Dyna-Flo) for CAD$81 million (US$62 million) in cash. Dyna-Flo is a leading designer and manufacturer of linear and rotary control valves, isolation valves, actuators, and level and pressure control systems for the chemical, petrochemical, and oil and gas markets.

Executive Summary

Financial Statements

– Income Statement and Forecast
– Balance Sheet
– Cash Flow
– Results Overview
– Sales by markets
– Company Overview
– Segment Performance
– Acquisitions, Divestitures & Restructuring
– Orders & Backlog
– U.S. Defense Budget
– FY20 Outlook
– Conclusion
– GAAP to Non-GAAP Reconciliation

Historical Performance

– Key Ratios
– Profitability Ratios, Asset Turnover Ratio, Growth Ratio
– P/E Band
– Per Share Data

Product Performance and Key Developments

– Ownership
– Competitors
– Key Developments

Valuation and Consensus Performance

– Consensus view and analyst trend on stock
– Analyst Recommendations

 Market Price Performance