Woodward (NASDAQ:WWD) Posts Earnings Results, Beats Estimates By $0.25 EPS

Woodward (NASDAQ:WWD - Get Free Report) issued its earnings results on Monday. The technology company reported $1.69 EPS for the quarter, topping the consensus estimate of $1.44 by $0.25, Zacks reports. Woodward had a return on equity of 16.76% and a net margin of 11.18%. The business had revenue of $883.63 million during the quarter, compared to the consensus estimate of $838.61 million. During the same quarter last year, the company earned $1.62 EPS. The firm's revenue was up 5.9% compared to the same quarter last year. Woodward updated its FY 2025 guidance to 5.950-6.250 EPS.

Woodward Price Performance

NASDAQ WWD traded up $3.64 on Friday, reaching $194.13. 35,655 shares of the company's stock traded hands, compared to its average volume of 464,477. The stock has a market cap of $11.52 billion, a PE ratio of 32.67, a P/E/G ratio of 2.37 and a beta of 1.24. Woodward has a 12 month low of $145.98 and a 12 month high of $201.64. The stock has a 50-day simple moving average of $178.24 and a 200 day simple moving average of $177.82. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.89 and a quick ratio of 1.19.

Woodward Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 5th. Investors of record on Thursday, May 22nd will be given a $0.28 dividend. The ex-dividend date is Thursday, May 22nd. This represents a $1.12 dividend on an annualized basis and a yield of 0.58%. Woodward's payout ratio is 18.09%.

Insider Transactions at Woodward

In related news, COO Thomas G. Cromwell sold 10,000 shares of the company's stock in a transaction on Wednesday, March 19th. The shares were sold at an average price of $184.50, for a total transaction of $1,845,000.00. Following the completion of the sale, the chief operating officer now directly owns 15,477 shares in the company, valued at $2,855,506.50. This represents a 39.25 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director John D. Cohn sold 2,800 shares of the stock in a transaction on Thursday, May 1st. The shares were sold at an average price of $191.52, for a total transaction of $536,256.00. Following the sale, the director now directly owns 20,965 shares of the company's stock, valued at $4,015,216.80. The trade was a 11.78 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 30,700 shares of company stock worth $5,751,700. 0.82% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

WWD has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft set a $187.00 price objective on shares of Woodward and gave the company a "hold" rating in a research report on Monday, April 14th. UBS Group boosted their price target on shares of Woodward from $200.00 to $220.00 and gave the company a "buy" rating in a research report on Tuesday. StockNews.com upgraded Woodward from a "hold" rating to a "buy" rating in a research report on Tuesday. Truist Financial lifted their price target on Woodward from $205.00 to $209.00 and gave the company a "buy" rating in a research report on Tuesday. Finally, Wells Fargo & Company upped their price objective on shares of Woodward from $175.00 to $193.00 and gave the stock an "equal weight" rating in a research report on Wednesday. Four investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $195.00.

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.