Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $195.49 USD
Change Today -3.56 / -1.79%
Volume 2.1M
As of 8:04 PM 07/6/15 All times are local (Market data is delayed by at least 15 minutes).

precision castparts corp (PCP) Snapshot

Open
$197.18
Previous Close
$199.05
Day High
$197.18
Day Low
$194.12
52 Week High
07/15/14 - $261.49
52 Week Low
01/16/15 - $186.17
Market Cap
26.9B
Average Volume 10 Days
1.3M
EPS TTM
$12.13
Shares Outstanding
137.7M
EX-Date
06/3/15
P/E TM
16.1x
Dividend
$0.12
Dividend Yield
0.06%
Current Stock Chart for PRECISION CASTPARTS CORP (PCP)

precision castparts corp (PCP) Related Businessweek News

View More BusinessWeek News

precision castparts corp (PCP) Details

Precision Castparts Corp. manufactures and sells metal components and products to the aerospace, power, and general industrial and other markets worldwide. The company operates through three segments: Investment Cast Products, Forged Products, and Airframe Products. The Investment Cast Products segment manufactures investment castings for aircraft engines, industrial gas turbine (IGT) engines, airframes, medical implants, armament, unmanned aerial vehicles, and other industrial applications. This segment offers aerospace structural castings; aerospace airfoil castings, including stationary vanes and rotating blades used in the turbine section of jet aircraft engines; and IGT castings, and structural and airfoil castings for aero derivative gas turbine engines, power generation, and other commercial and military land- and marine-based applications. It also provides artificial hips and knees, landing gear struts and engine inlets for unmanned aerial vehicles, and impellers for pumps and compressors, as well as titanium components for armament systems. The Forged Products segment manufactures fan discs, compressor discs, turbine discs, seals, spacers, shafts, hubs, and cases; landing gear beams, bulkheads, wing structures, engine mounts, struts and tail flaps, and housings; mechanical and structural tubular products; nickel-alloy casing and tubular products; titanium melted and mill products; and revert management solutions. The Airframe Products segment develops and manufactures engineered fasteners, fastener systems, aero structures, and precision components. This segment provides bolts, sleeved fastening systems, nuts, nut plates, latches, expandable diameter fasteners, quick release pins, hydraulic fittings, bushings, inserts, collars, and other precision components. The company sells its products through direct sales, sales representatives, distributors, and marketing staff. Precision Castparts Corp. was founded in 1949 and is headquartered in Portland, Oregon.

29,900 Employees
Last Reported Date: 05/28/15
Founded in 1949

precision castparts corp (PCP) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: $1.6M
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $772.5K
Executive Vice President and President of For...
Total Annual Compensation: $966.7K
Executive Vice President and President of Wym...
Total Annual Compensation: $632.5K
Executive Vice President
Total Annual Compensation: $793.8K
Compensation as of Fiscal Year 2015.

precision castparts corp (PCP) Key Developments

Precision Castparts Corp. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended March 29, 2015

Precision Castparts Corp. reported unaudited consolidated earnings results for the fourth quarter and full year ended March 29, 2015. For the quarter, the company reported net sales of $2,504 million against $2,519 million a year ago. Net income was $137 million against $486 million a year ago. Net income attributable to company from continuing operations was $149 million against $478 million a year ago. Net income per share diluted from continuing operations was $1.06 against $3.27 a year ago. Net income per share diluted was $0.96 against $3.31 per share a year ago. For the year, the company reported net income of $1,533 million against $1,784 million a year ago. Total comprehensive income attributable to company was $1,014 million against $1,906 million a year ago. Net cash provided by operating activities was $1,702 million against $1,882 million a year ago. Capital expenditures was $455 million against $351 million a year ago.

Precision Castparts Corp. Declare a Quarterly Cash Dividend, Payable on June 29, 2015

The board of directors of Precision Castparts Corp. has declared a quarterly cash dividend of $0.03 per share on the company's common stock payable on June 29, 2015, to shareholders of record at the close of business on June 5, 2015.

Precision Castparts Corp. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended March 29, 2015; Provides Earnings Guidance for the Fiscal Year 2016

Precision Castparts Corp. reported unaudited consolidated earnings results for the fourth quarter and full year ended March 29, 2015. For the quarter, the company has posted net sales of $2,504 million against $2,519 million a year ago. Income before income tax expense and equity in earnings of unconsolidated affiliates was $473 million against $703 million a year ago. Net income from continuing operations was $151 million or $1.06 diluted per share against $480 million or $3.27 diluted per share a year ago. Net income attributable to company was $135 million or $0.96 diluted per share against $484 million or $3.31 diluted per share a year ago. Capital expenditures were $170 million against $92 million a year ago. Adjusted earnings per share from continuing operations (diluted) were $2.94 against $3.27 a year ago. For the year, the company has posted net sales of $10,005 million against $9,533 million a year ago. Income before income tax expense and equity in earnings of unconsolidated affiliates was $2,539 million against $2,588 million a year ago. Net income from continuing operations was $1,548 million or $10.77 diluted per share against $1,759 million or $11.95 diluted per share a year ago. Net income attributable to company was $1,530 million or $10.66 diluted per share against $1,777 million $12.12 diluted per share a year ago. For the fiscal year 2016, the company is establishing guidance for EPS from continuing operations of $12.50 to $13.40 with sales in the range of $10.0 billion to $10.4 billion. This assumes a tax rate of 32.5%. The company expects $70 million of net interest expense and little incremental impact from pension, reflecting strong asset returns offset by a lower discount rate for the year. Finally, free cash flow is expected to be $1.4 billion to $1.5 billion in 2016, with capital expenditure investments of approximately $550 million for several significant capacity expansion projects as well as cost and productivity improvements throughout the organization.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
PCP:US $195.49 USD -3.56

PCP Competitors

Market data is delayed at least 15 minutes.

Company Last Change
SKF AB kr187.60 SEK -0.30
Dover Corp $69.45 USD -0.54
Northrop Grumman Corp $159.25 USD -0.25
Raytheon Co $96.75 USD +1.18
Sandvik AB kr90.65 SEK -0.20
View Industry Companies
 

Industry Analysis

PCP

Industry Average

Valuation PCP Industry Range
Price/Earnings 18.5x
Price/Sales 2.8x
Price/Book 2.5x
Price/Cash Flow 18.0x
TEV/Sales 2.2x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact PRECISION CASTPARTS CORP, please visit www.precast.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.