CPI Aerostructures, Inc. (CVU)

NYSEAMERICAN: CVU · IEX Real-Time Price · USD
3.55
+0.29 (8.90%)
Dec 1, 2022 4:00 PM EST - Market closed
8.9%
Market Cap 40.37M
Revenue (ttm) 85.61M
Net Income (ttm) 1.88M
Shares Out 12.30M
EPS (ttm) 0.15
PE Ratio 23.67
Forward PE 6.54
Dividend n/a
Ex-Dividend Date n/a
Volume 109,667
Open 3.4
Previous Close 3.26
Day's Range 3.27 - 3.59
52-Week Range 0.86 - 3.59
Beta 1.65
Analysts Sell
Price Target 4.08 (+14.9%)
Earnings Date n/a

About CVU

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 also offers aerosystems, such as reconnaissance pod structures and fuel panel systems; and supplies parts for maintenance, repair, and overhaul (MRO), as well as kitting contracts. In addition, it operates as a subcontractor for defense contractors and commercial contractors, as well as a contractor for the United States Department of Defense. Further, the company off... [Read more]

Industry Aerospace & Defense
Founded 1980
CEO Douglas McCrosson
Employees 249
Stock Exchange NYSEAMERICAN
Ticker Symbol CVU
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for CVU stock is "Sell." The 12-month stock price forecast is 4.08, which is an increase of 14.93% from the latest price.

Price Target
$4.08
(14.93% upside)
Analyst Consensus: Sell
Stock Forecasts

News

CPI Aero Receives New Multi-Year Agreement and $7.5 Million Firm Order for Airborne Reconnaissance Pods From Collins ...

The Company Estimates Agreement Has 3-year Potential Value of Approximately $20 Million The Company Estimates Agreement Has 3-year Potential Value of Approximately $20 Million

1 day ago - GlobeNewsWire

CPI Aerostructures Reports Third Quarter and Nine Month 2022 Results

Third Quarter 2022 vs. Third Quarter 2021

1 week ago - GlobeNewsWire

Sikorsky Awards Five-Year Contract to CPI Aerostructures

Company to Manufacture Gunner Window Assemblies for the UH-60M Black Hawk® Company to Manufacture Gunner Window Assemblies for the UH-60M Black Hawk®

2 weeks ago - GlobeNewsWire

CPI Aerostructures Receives $4.4M Order From Embraer for Engine Inlet Assemblies

EDGEWOOD, N.Y., Oct. 26, 2022 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero” or the “Company”) (NYSE American: CVU) announced that Embraer S.A. of Brazil (NYSE: ERJ) has placed several orders ...

1 month ago - GlobeNewsWire

CPI Aerostructures Receives $2.7M Order From Lockheed Martin for F-16V Structural Assemblies

EDGEWOOD, N.Y., July 07, 2022 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero®”) (OTC Pink: CVUA) today announced that Lockheed Martin (NYSE: LMT) has placed an order against a previously announ...

4 months ago - GlobeNewsWire

CPI Aero Receives NYSE American Delisting Determination Notification

Company Remains Focused on Operational Success

6 months ago - GlobeNewsWire

CPI Aerostructures Reports Third Quarter and Nine Month 2021 Results

Third Quarter 2021 vs. Third Quarter 2020 (Re-stated)

6 months ago - GlobeNewsWire

CPI Aerostructures Reports Second Quarter And Six Month 2021 Results

Second Quarter 2021 vs. Second Quarter 2020 (Re-stated)

7 months ago - GlobeNewsWire

CPI Aerostructures, Inc. Announces NYSE American Grants Additional Extension of Cure Period for Timely Filing Criteri...

EDGEWOOD, N.Y., April 11, 2022 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero” or “Company”) (NYSE American: CVU) announced that it received notice from the NYSE American LLC (“Exchange”) infor...

7 months ago - GlobeNewsWire

9 Aircraft Industry Stocks Other Than Boeing

A Boeing Co (NYSE: BA) 737-800 carrying 132 passengers operated by China Eastern Airlines went down while flying over the Guangxi region in China Monday morning. This comes at a crucial time for Boeing,...

8 months ago - Benzinga

CPI Aerostructures Appoints Dorith Hakim as Chief Executive Officer, President and Director

Former Group Vice President of Parker Hannifin Aerospace to Lead the Company Former Group Vice President of Parker Hannifin Aerospace to Lead the Company

8 months ago - GlobeNewsWire

CPI Aerostructures Receives $4M Contract From Collins Aerospace for Airborne Pod System

EDGEWOOD, N.Y., March 03, 2022 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) announced that Collins Aerospace, a unit of Raytheon Technologies Corp. (NYSE: RTX), has aw...

8 months ago - GlobeNewsWire

CPI Aerostructures Receives $1.9 Million Order for Welded Assemblies

EDGEWOOD, N.Y., Feb. 03, 2022 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) announced that it has received a purchase order for welded structural assemblies from a curr...

9 months ago - GlobeNewsWire

CPI Aerostructures CEO Appointed to Aerospace Industries Association's Board of Governors

EDGEWOOD, N.Y., Jan. 12, 2022 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero”) (NYSE American: CVU) announced today that President and Chief Executive Officer Douglas McCrosson has been appoint...

10 months ago - GlobeNewsWire

CPI Aerostructures Clocks 83% Revenue Growth In Q1

CPI Aerostructures, Inc. (NYSE: CVU) reported financial results for the three months ended March 31, 2021, and has filed a Form 10-Q today for the Q1 period. It had recently completed the restatement of...

11 months ago - Benzinga

CPI Aerostructures Reports First Quarter 2021 Results

First Quarter 2021 vs. First Quarter 2020 (Re-stated)

11 months ago - GlobeNewsWire

CPI Aerostructures to Report 2021 First Quarter Financial Results

EDGEWOOD, N.Y., Dec. 23, 2021 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero”) (NYSE American: CVU) announced today that it will issue its financial results for its fiscal first quarter ended M...

11 months ago - GlobeNewsWire

CPI Aerostructures Reports Estimated Results for the First Six Months of 2021

First Half 2021 (Estimated) vs. First Half 2020 (Restated)

1 year ago - GlobeNewsWire

CPI Aerostructures Completes Restatement of 2020 and 2019 Results

EDGEWOOD, N.Y., Nov. 24, 2021 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) today announced that it filed a Comprehensive Form 10-K/A for the twelve-month periods ended...

1 year ago - GlobeNewsWire

CPI Aerostructures, Inc. Announces NYSE American Acceptance of Timely Filing Criteria Plan of Compliance

EDGEWOOD, N.Y., Nov. 24, 2021 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero” or “Company”) (NYSE American: CVU) announced that on November 23, 2021, it received a notice from the NYSE American...

1 year ago - GlobeNewsWire

CPI Aerostructures, Inc. Announces NYSE American Acceptance of Compliance Plan

EDGEWOOD, N.Y., Nov. 22, 2021 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero®” or “Company”) (NYSE American: CVU) announced that on November 19, 2021 the Company received notice from NYSE Ameri...

1 year ago - GlobeNewsWire

CPI Aerostructures Provides Update to Restatement of Results

- Plans to File Comprehensive Form 10-K/A That Includes Restated Results for 2020 and 2019 -

1 year ago - GlobeNewsWire

CPI Awarded $1M Order for Welded Fluid Tank Assemblies

EDGEWOOD, N.Y., Nov. 01, 2021 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) announced today that an undisclosed aerospace OEM has awarded CPI Aero a $1 million contract...

1 year ago - GlobeNewsWire

Raytheon Intelligence & Space Awards Multi-Million Dollar Contract Modification to CPI Aerostructures to Produce Pod ...

EDGEWOOD, N.Y., Oct. 27, 2021 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) announced today that Raytheon Intelligence & Space, a Raytheon Technologies business, has in...

1 year ago - GlobeNewsWire

CPI Aerostructures, Inc. Announces Date For Annual Meeting of Shareholders

EDGEWOOD, N.Y., Oct. 25, 2021 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero” or the “Company”) (NYSE American: CVU) announced today that its 2021 Annual Meeting of Shareholders will be held on...

1 year ago - GlobeNewsWire