Woodward (WWD) to Release Earnings on Monday

Woodward (NASDAQ:WWD) will likely be posting its quarterly earnings results after the market closes on Monday, February 3rd. Analysts expect Woodward to post earnings of $1.14 per share and revenue of $772.26 million for the quarter. Woodward has set its FY25 guidance at $5.75-$6.25 EPS and its FY 2025 guidance at 5.750-6.250 EPS.Investors interested in registering for the company’s conference call can do so using this link.

Woodward (NASDAQ:WWD) last announced its earnings results on Monday, November 25th. The technology company reported $1.41 earnings per share for the quarter, beating the consensus estimate of $1.22 by $0.19. Woodward had a return on equity of 17.13% and a net margin of 11.22%. The firm had revenue of $855.00 million during the quarter, compared to the consensus estimate of $810.39 million. During the same quarter in the prior year, the company earned $1.33 EPS. The firm’s revenue for the quarter was up 10.0% compared to the same quarter last year. On average, analysts expect Woodward to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Woodward Trading Down 0.3 %

Shares of WWD stock opened at $185.25 on Friday. The firm’s fifty day simple moving average is $178.99 and its 200 day simple moving average is $170.48. Woodward has a 1 year low of $133.56 and a 1 year high of $201.64. The company has a current ratio of 1.89, a quick ratio of 1.23 and a debt-to-equity ratio of 0.26. The firm has a market capitalization of $10.95 billion, a P/E ratio of 30.82, a price-to-earnings-growth ratio of 2.34 and a beta of 1.39.

Woodward Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, December 5th. Investors of record on Thursday, November 21st were paid a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 0.54%. The ex-dividend date was Thursday, November 21st. Woodward’s dividend payout ratio is 16.64%.

Insider Activity at Woodward

In related news, COO Thomas G. Cromwell sold 10,000 shares of the company’s stock in a transaction dated Thursday, November 7th. The shares were sold at an average price of $174.50, for a total transaction of $1,745,000.00. Following the completion of the sale, the chief operating officer now owns 11,511 shares of the company’s stock, valued at $2,008,669.50. This represents a 46.49 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director John D. Cohn sold 2,400 shares of the stock in a transaction that occurred on Tuesday, December 3rd. The stock was sold at an average price of $179.57, for a total transaction of $430,968.00. Following the sale, the director now owns 20,963 shares in the company, valued at $3,764,325.91. This represents a 10.27 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 60,313 shares of company stock worth $10,752,072. Insiders own 0.82% of the company’s stock.

Analyst Ratings Changes

WWD has been the subject of a number of research analyst reports. Barclays lifted their target price on shares of Woodward from $175.00 to $200.00 and gave the company an “equal weight” rating in a research note on Tuesday, December 3rd. Truist Financial increased their price target on shares of Woodward from $226.00 to $229.00 and gave the company a “buy” rating in a research report on Tuesday, January 14th. UBS Group lifted their target price on Woodward from $209.00 to $228.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. Wells Fargo & Company reduced their price target on shares of Woodward from $197.00 to $193.00 and set an “equal weight” rating for the company in a report on Wednesday, January 8th. Finally, StockNews.com upgraded Woodward from a “hold” rating to a “buy” rating in a report on Monday, December 2nd. Four investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Woodward has a consensus rating of “Moderate Buy” and a consensus price target of $195.38.

Woodward Company Profile

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.