Woodward (WWD) to Release Quarterly Earnings on Monday

Woodward (NASDAQ:WWD) will likely be announcing its earnings results after the market closes on Monday, February 3rd. Analysts expect the company to announce 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.Parties interested in registering for the company’s conference call can do so using this link.

Woodward (NASDAQ:WWD) last released its quarterly earnings results on Monday, November 25th. The technology company reported $1.41 earnings per share for the quarter, beating analysts’ consensus estimates of $1.22 by $0.19. Woodward had a net margin of 11.22% and a return on equity of 17.13%. The business had revenue of $855.00 million for the quarter, compared to analysts’ expectations of $810.39 million. During the same period last year, the business earned $1.33 EPS. The company’s revenue 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 Stock Down 0.3 %

NASDAQ:WWD opened at $185.25 on Friday. Woodward has a fifty-two week low of $133.56 and a fifty-two week high of $201.64. The stock has a market capitalization of $10.95 billion, a P/E ratio of 30.82, a P/E/G ratio of 2.34 and a beta of 1.39. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.23 and a current ratio of 1.89. The company’s 50-day simple moving average is $178.99 and its 200-day simple moving average is $170.60.

Woodward Dividend Announcement

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

Wall Street Analysts Forecast Growth

WWD has been the topic of a number of recent analyst reports. StockNews.com upgraded shares of Woodward from a “hold” rating to a “buy” rating in a report on Monday, December 2nd. Truist Financial increased their price objective 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. Wells Fargo & Company decreased their price objective on shares of Woodward from $197.00 to $193.00 and set an “equal weight” rating for the company in a research report on Wednesday, January 8th. UBS Group increased their price objective on shares of Woodward from $209.00 to $228.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th. Finally, TD Cowen reaffirmed a “hold” rating and issued a $160.00 price objective (down from $186.00) on shares of Woodward in a research report on Friday, October 4th. Five equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $190.11.

Insiders Place Their Bets

In other news, COO Thomas G. Cromwell sold 10,000 shares of Woodward stock in a transaction that occurred on Thursday, December 5th. The shares were sold at an average price of $181.85, for a total transaction of $1,818,500.00. Following the completion of the transaction, the chief operating officer now directly owns 11,511 shares of the company’s stock, valued at $2,093,275.35. The trade was a 46.49 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director John D. Cohn sold 2,400 shares of Woodward stock in a transaction that occurred on Tuesday, December 3rd. The shares were sold at an average price of $179.57, for a total transaction of $430,968.00. Following the transaction, the director now directly owns 20,963 shares of the company’s stock, valued at approximately $3,764,325.91. This trade represents a 10.27 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 60,313 shares of company stock valued at $10,752,072. 0.82% of the stock is owned by insiders.

About 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.