Equities research analysts at BWS Financial started coverage on shares of Erickson (NYSE:EAC) in a research note issued to investors on Friday, TheFlyOnTheWall.com reports. The firm set a “buy” rating and a $33.00 price target on the stock. BWS Financial’s price objective would indicate a potential upside of 111.81% from the company’s current price Erickson Inc (NASDAQ:EAC) net profit margin is 0.90% and weekly performance is 1.35%. On last trading day company shares ended up $15.77. Analysts mean target price for the company is $25.00. Erickson Inc (NASDAQ:EAC) distance from 50-day simple moving average (SMA50) is -0.56%.
On June 2, 2014, Gencorp Inc (NYSE:GY) announced that it entered into an amended and restated $300 million credit facility. The new credit facility amends and restates the Company’s prior credit agreement and, (i) extends the maturity date to May 30, 2019 (which date may be accelerated in certain cases); and (ii) replaces the existing revolving credit facility and credit-linked facility with a revolving credit facility in an aggregate principal amount of up to $200.0 million and a term loan facility in an aggregate principal amount of up to $100.0 million, among other things. Gencorp Inc (NYSE:GY) shares advanced 0.47% in last trading session and ended the day on $19.09.GY Gross Margin is 11.60% and its return on assets is 9.80%. Gencorp Inc (NYSE:GY) quarterly performance is 4.09%.
On June 24, 2014, Micronet Enertec Technologies Inc (NASDAQ:MICT) announced that its subsidiary Micronet Inc. received a $2.7 million purchase order for its fully portable TREQ-VMx rugged mobile computing device from a U.S. based MRM service provider. Micronet Enertec Technologies Inc (NASDAQ:MICT) shares moved down -0.05% in last trading session and was closed at $4.06, while trading in range of $4.02 – $4.06. Micronet Enertec Technologies Inc (NASDAQ:MICT) year to date (YTD) performance is -20.47%.
The U.S. Department of Defense’s Defense Security Service (DSS) has presented its 2014 James S. Cogswell Outstanding Industrial Security Achievement Awards to Northrop Grumman Corporation (NYSE:NOC) facilities in Middletown, Rhode Island; McClellan Park, California; and Charlottesville. Northrop Grumman Corporation (NYSE:NOC) ended the last trading day at $120.67. Company weekly volatility is calculated as 1.04% and price to cash ratio as 6.62. Northrop Grumman Corporation (NYSE:NOC) showed a negative weekly performance of -2.25%.
On June 16, Textron Inc. (NYSE:TXT) will release its second quarter 2014 financial results on Wednesday morning, July 16, 2014. Textron will also host a conference call at 8:00 a.m. Textron Inc. (NYSE:TXT) shares moved up 2.00% in last trading session and was closed at $38.81, while trading in range of $37.89 – $38.85. Textron Inc. (NYSE:TXT) year to date (YTD) performance is 5.69%.