Curtiss Wright C 17 Win Tests Valuation After Strong Share Run

• Curtiss-Wright (NYSE:CW) has been selected by Boeing to supply mission computer technology for the U.S. Air Force C-17 Globemaster III upgrade program.
• The contract, valued at over $400 million, supports modernization of a key airlift platform used by the U.S. and allied forces.
• This award expands Curtiss-Wright's role in military aerospace technology and deepens its relationship with Boeing.

Curtiss-Wright comes into this contract win with shares at $684.22, after a 1-year return of 112.1% and a multi-year gain that is roughly 7x over 5 years. The stock is also up 19.5% year to date, 5.4% over the past week, and 3.1% over the past month, which indicates that investors have already priced in substantial optimism around the company's direction.

For investors watching NYSE:CW, this C-17 award highlights how defense programs can influence the company's long-term opportunity set. The contract is within Curtiss-Wright's core defense segment, so it may be useful to track how the company executes on this program and whether similar modernization work appears with other platforms over time.

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📰 Beyond the headline: 1 risk and 2 things going right for Curtiss-Wright that every investor should see.

Quick Assessment

• ⚖️ Price vs Analyst Target: At US$684.22, Curtiss-Wright trades about 1.7% below the US$696 analyst consensus target, which keeps it roughly in line with expectations.
• ❌ Simply Wall St Valuation: Simply Wall St has Curtiss-Wright trading 52.2% above its estimated fair value, so the stock screens as overvalued on that model.
• ✅ Recent Momentum: A 30 day return of 3.1% suggests the trend has been positive into this contract announcement.

There is only one way to know the right time to buy, sell or hold Curtiss-Wright. Head to Simply Wall St's company report for the latest analysis of Curtiss-Wright's Fair Value.

Key Considerations

• 📊 This C-17 upgrade win reinforces Curtiss-Wright's role in aerospace and defense electronics, which may support the business case around its core segments.
• 📊 With a P/E of 52.1 versus the Aerospace & Defense industry average of 40.7, investors may want to watch how contract execution, revenue of US$3.5b and earnings of US$484.2m evolve from here.
• ⚠️ One flagged risk is significant insider selling over the past 3 months, which some investors monitor closely when a stock already screens as overvalued.

Dig Deeper

For the full picture including more risks and rewards, check out the complete Curtiss-Wright analysis. Alternatively, you can check out the community page for Curtiss-Wright to see how other investors believe this latest news will impact the company's narrative.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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