StockNews.com initiated coverage on shares of CPI Aerostructures (NYSEAMERICAN:CVU – Free Report) in a research note published on Saturday morning. The firm issued a buy rating on the aerospace company’s stock.
CPI Aerostructures Stock Up 0.8 %
Shares of CVU opened at $2.67 on Friday. The company has a market cap of $34.34 million, a PE ratio of 1.93 and a beta of 1.63. CPI Aerostructures has a 12 month low of $2.15 and a 12 month high of $4.34. The company has a current ratio of 1.49, a quick ratio of 1.44 and a debt-to-equity ratio of 0.80.
CPI Aerostructures (NYSEAMERICAN:CVU – Get Free Report) last issued its earnings results on Friday, April 5th. The aerospace company reported $0.08 EPS for the quarter. CPI Aerostructures had a net margin of 19.89% and a return on equity of 32.45%. The company had revenue of $23.50 million during the quarter.
About CPI Aerostructures
CPI Aerostructures, Inc engages in the contract production of structural aircraft parts for fixed wing aircraft and helicopters in the commercial and defense markets. The company offers aerostructure and aerosystem assemblies, including new production and repair/overhaul of fielded wing structures and other control surfaces, rudder island, engine inlets/nacelles, engine exhaust manifolds, aircraft doors and windows, aircraft steps and racks, other aircraft secondary structures, airborne pod structures and integration of internal systems, radar housing structures, panel assemblies, and mechanical door locking and canopy lifting systems.
Recommended Stories
- Five stocks we like better than CPI Aerostructures
- Insider Buying Explained: What Investors Need to Know
- Garmin Navigates to New Highs Driven By Wearables Trend
- Natural Gas Prices Continue To Rally, These Stocks Should Benefit
- Pinterest Prospers From AI Boosting Shop-Ability and Relevance
- Best ESG Stocks: 11 Best Stocks for ESG Investing
- AbbVie Tracking for New Highs in 2024
Receive News & Ratings for CPI Aerostructures Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CPI Aerostructures and related companies with MarketBeat.com's FREE daily email newsletter.