Woodward (NASDAQ:WWD) Issues FY25 Earnings Guidance

Woodward (NASDAQ:WWD) issued an update on its FY25 earnings guidance on Monday morning. The company provided EPS guidance of $5.75-$6.25 for the period, compared to the consensus EPS estimate of $5.85. The company issued revenue guidance of $3.30-$3.50 billion, compared to the consensus revenue estimate of $3.38 billion.

Woodward Stock Up 1.8 %

Shares of NASDAQ:WWD traded up $3.24 during mid-day trading on Monday, reaching $179.29. 1,016,683 shares of the stock were exchanged, compared to its average volume of 424,958. The company has a quick ratio of 1.29, a current ratio of 1.96 and a debt-to-equity ratio of 0.26. Woodward has a one year low of $129.46 and a one year high of $188.35. The company has a market cap of $10.70 billion, a P/E ratio of 29.44, a P/E/G ratio of 1.87 and a beta of 1.38. The stock’s 50 day simple moving average is $167.82 and its 200-day simple moving average is $170.87.

Woodward Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 5th. Shareholders of record on Thursday, November 21st will be given a $0.25 dividend. The ex-dividend date is Thursday, November 21st. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.56%. Woodward’s dividend payout ratio (DPR) is presently 16.72%.

Analyst Ratings Changes

WWD has been the topic of several research reports. Jefferies Financial Group raised shares of Woodward from a “hold” rating to a “buy” rating and boosted their price target for the company from $170.00 to $190.00 in a research report on Wednesday, July 31st. StockNews.com cut Woodward from a “buy” rating to a “hold” rating in a research report on Friday. The Goldman Sachs Group cut their price objective on shares of Woodward from $228.00 to $201.00 and set a “buy” rating on the stock in a report on Wednesday, July 31st. TD Cowen restated a “hold” rating and set a $160.00 price target (down previously from $186.00) on shares of Woodward in a research note on Friday, October 4th. Finally, Deutsche Bank Aktiengesellschaft upped their target price on Woodward from $158.00 to $162.00 and gave the company a “hold” rating in a research report on Thursday, October 3rd. Six research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, Woodward has a consensus rating of “Hold” and a consensus price target of $174.67.

Insiders Place Their Bets

In related news, COO Thomas G. Cromwell sold 10,000 shares of the company’s stock in a transaction dated 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 sale, the chief operating officer now owns 11,511 shares in the company, valued at approximately $2,044,929.15. This represents a 46.49 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Over the last quarter, insiders have sold 27,913 shares of company stock valued at $4,907,304. 1.12% of the stock is currently owned by corporate insiders.

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.