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Brief Commentary On Curtiss-Wright Corporation's (NYSE:CW) Fundamentals

Building up an investment case requires looking at a stock holistically. Today I've chosen to put the spotlight on Curtiss-Wright Corporation (NYSE:CW) due to its excellent fundamentals in more than one area. CW is a company with great financial health as well as a a strong history of performance. Below is a brief commentary on these key aspects. If you're interested in understanding beyond my broad commentary, read the full report on Curtiss-Wright here.

Solid track record with excellent balance sheet

Over the past year, CW has grown its earnings by 17%, with its most recent figure exceeding its annual average over the past five years. Not only did CW outperformed its past performance, its growth also surpassed the Aerospace & Defense industry expansion, which generated a 12% earnings growth. This is an optimistic signal for the future. CW is financially robust, with ample cash on hand and short-term investments to meet upcoming liabilities. This indicates that CW has sufficient cash flows and proper cash management in place, which is a crucial insight into the health of the company. CW seems to have put its debt to good use, generating operating cash levels of 0.46x total debt in the most recent year. This is also a good indication as to whether debt is properly covered by the company’s cash flows.

NYSE:CW Income Statement, October 9th 2019
NYSE:CW Income Statement, October 9th 2019

Next Steps:

For Curtiss-Wright, there are three key aspects you should look at:

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  1. Future Outlook: What are well-informed industry analysts predicting for CW’s future growth? Take a look at our free research report of analyst consensus for CW’s outlook.

  2. Valuation: What is CW worth today? Is the stock undervalued, even when its growth outlook is factored into its intrinsic value? The intrinsic value infographic in our free research report helps visualize whether CW is currently mispriced by the market.

  3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of CW? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.