Woodward (NASDAQ:WWD - Get Free Report) is set to post its quarterly earnings results after the market closes on Monday, November 25th. Analysts expect Woodward to post earnings of $1.22 per share for the quarter. Persons interested in participating in the company's earnings conference call can do so using this link.
Shares of NASDAQ WWD opened at $169.54 on Monday. Woodward has a 1 year low of $126.31 and a 1 year high of $188.35. The firm's 50-day moving average is $167.09 and its 200-day moving average is $170.89. The company has a current ratio of 1.96, a quick ratio of 1.29 and a debt-to-equity ratio of 0.26. The firm has a market capitalization of $10.11 billion, a PE ratio of 28.35, a price-to-earnings-growth ratio of 1.80 and a beta of 1.38.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 5th. Shareholders of record on Thursday, November 21st will be paid a $0.25 dividend. The ex-dividend date is Thursday, November 21st. This represents a $1.00 dividend on an annualized basis and a yield of 0.59%. Woodward's payout ratio is presently 16.72%.
In other Woodward news, COO Thomas G. Cromwell sold 10,000 shares of the company's stock in a transaction that occurred on Monday, November 11th. The stock was sold at an average price of $177.65, for a total transaction of $1,776,500.00. Following the completion of the transaction, the chief operating officer now owns 11,511 shares of the company's stock, valued at $2,044,929.15. This represents a 46.49 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In the last ninety days, insiders have sold 27,913 shares of company stock valued at $4,907,304. 1.12% of the stock is owned by corporate insiders.
Several analysts have commented on WWD shares. Deutsche Bank Aktiengesellschaft upped their target price on shares of Woodward from $158.00 to $162.00 and gave the company a "hold" rating in a research report on Thursday, October 3rd. TD Cowen restated a "hold" rating and set a $160.00 target price (down previously from $186.00) on shares of Woodward in a report on Friday, October 4th. The Goldman Sachs Group cut their price target on shares of Woodward from $228.00 to $201.00 and set a "buy" rating on the stock in a research report on Wednesday, July 31st. StockNews.com upgraded shares of Woodward from a "hold" rating to a "buy" rating in a report on Thursday. Finally, Jefferies Financial Group upgraded shares of Woodward from a "hold" rating to a "buy" rating and increased their target price for the stock from $170.00 to $190.00 in a report on Wednesday, July 31st. Five equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $174.67.
View Our Latest Stock Report on Woodward
Woodward, Inc designs, manufactures, and services control solutions for the aerospace and industrial markets worldwide. The company operates in two segments, Aerospace and Industrial. The Aerospace segment provides fuel pumps, metering units, actuators, air valves, specialty valves, fuel nozzles, and thrust reverser actuation systems for turbine engines and nacelles, and flight deck controls, actuators, servocontrols, motors, and sensors for aircraft.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Before you consider Woodward, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Woodward wasn't on the list.
While Woodward currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.