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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
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Sign InAmid a robust rally in the aerospace and defense sector, Curtiss-Wright stock reached a new all-time high of $808.16, marking a 64.74% increase over the past year. This surge follows the company's announcement of an $80 million investment to expand its Cheswick facility and an increase in its revolving credit facility to $1 billion. However, InvestingPro analysis suggests the stock may now be overvalued, citing a high P/E ratio of 57.89.
The performance of CW reflects a significant premium compared to defense industry peers, as its P/E ratio of 57.89 stands well above the sector average for companies like Lockheed Martin and Raytheon, which typically trade between 18x and 25x according to market data. Investor optimism has been further bolstered by strong Q1 2026 earnings results, which highlighted sustained growth in order backlogs, providing some fundamental support for the current valuation levels.
CW shares closed at $792.77 (close of July 6, 2026), having traded between a day low of $764.38 and a high of $793.88 per market data. Traders are currently watching support levels near $764 to maintain the bullish momentum. While no immediate corporate events are scheduled in the upcoming calendar, the recent US ISM Manufacturing PMI reading of 53.3 suggests a supportive macro environment for heavy industrial manufacturing.