Woodward, Inc.Common Stock (NASDAQ:WWD)‘s stock had its “sell” rating restated by Wood & Company in a note issued to investors on Tuesday, February 5th.
WWD has been the topic of a number of other reports. SunTrust Banks raised shares of Woodward, Inc.Common Stock from a “hold” rating to a “buy” rating and lifted their target price for the company from $80.00 to $96.00 in a report on Tuesday, November 20th. Barrington Research reaffirmed a “hold” rating on shares of Woodward, Inc.Common Stock in a report on Tuesday, October 30th. Zacks Investment Research cut shares of Woodward, Inc.Common Stock from a “buy” rating to a “hold” rating in a report on Saturday, January 26th. Credit Suisse Group lifted their target price on shares of Woodward, Inc.Common Stock from $78.00 to $81.00 and gave the company a “neutral” rating in a report on Thursday, November 8th. Finally, BidaskClub cut shares of Woodward, Inc.Common Stock from a “buy” rating to a “hold” rating in a report on Saturday, December 8th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the company. Woodward, Inc.Common Stock currently has a consensus rating of “Hold” and an average target price of $89.57.
Woodward, Inc.Common Stock stock traded down $1.38 during trading on Tuesday, reaching $94.96. The stock had a trading volume of 651,623 shares, compared to its average volume of 461,873. Woodward, Inc.Common Stock has a 52-week low of $68.40 and a 52-week high of $97.39. The company has a quick ratio of 1.05, a current ratio of 1.96 and a debt-to-equity ratio of 0.63. The company has a market capitalization of $5.99 billion, a P/E ratio of 24.66, a P/E/G ratio of 1.62 and a beta of 1.43.
Woodward, Inc.Common Stock (NASDAQ:WWD) last issued its quarterly earnings results on Monday, January 28th. The technology company reported $0.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.74 by $0.22. The company had revenue of $652.80 million during the quarter, compared to the consensus estimate of $583.12 million. Woodward, Inc.Common Stock had a net margin of 8.42% and a return on equity of 18.03%. The firm’s quarterly revenue was up 38.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.53 earnings per share. As a group, research analysts anticipate that Woodward, Inc.Common Stock will post 4.62 earnings per share for the current fiscal year.
In other Woodward, Inc.Common Stock news, CEO Thomas A. Gendron sold 1,000 shares of the business’s stock in a transaction on Tuesday, January 29th. The shares were sold at an average price of $85.00, for a total transaction of $85,000.00. Following the sale, the chief executive officer now directly owns 227,390 shares in the company, valued at approximately $19,328,150. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Christopher Fawzy sold 3,000 shares of the business’s stock in a transaction on Monday, December 3rd. The stock was sold at an average price of $85.00, for a total transaction of $255,000.00. Following the sale, the vice president now owns 6,506 shares in the company, valued at $553,010. The disclosure for this sale can be found here. Insiders sold a total of 195,925 shares of company stock worth $18,015,101 over the last three months. 4.61% of the stock is currently owned by corporate insiders.
Institutional investors have recently added to or reduced their stakes in the stock. Private Capital Group LLC boosted its position in shares of Woodward, Inc.Common Stock by 437.6% in the 4th quarter. Private Capital Group LLC now owns 500 shares of the technology company’s stock worth $37,000 after buying an additional 407 shares in the last quarter. SeaBridge Investment Advisors LLC purchased a new stake in shares of Woodward, Inc.Common Stock in the 4th quarter worth about $59,000. Quantamental Technologies LLC purchased a new stake in shares of Woodward, Inc.Common Stock in the 4th quarter worth about $80,000. Advisory Services Network LLC boosted its position in shares of Woodward, Inc.Common Stock by 564.4% in the 4th quarter. Advisory Services Network LLC now owns 2,465 shares of the technology company’s stock worth $183,000 after buying an additional 2,094 shares in the last quarter. Finally, HighPoint Advisor Group LLC purchased a new stake in shares of Woodward, Inc.Common Stock in the 3rd quarter worth about $218,000. Institutional investors and hedge funds own 73.43% of the company’s stock.
About Woodward, Inc.Common Stock
Woodward, Inc designs, manufactures, and services control solutions for the aerospace and industrial markets worldwide. The company's Aerospace segment offers 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, servo controls, motors, and sensors for aircraft that are used on commercial and private aircraft and rotorcraft, as well as on military fixed-wing aircraft and rotorcraft, guided weapons, and other defense systems.
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