Woodward Company Profile (NASDAQ:WWD)

Woodward trades on the NASDAQ under the ticker symbol "WWD."

Woodward declared a quarterly dividend on Wednesday, September 20th. Investors of record on Monday, November 13th will be paid a dividend of $0.125 per share on Monday, November 27th. This represents a $0.50 dividend on an annualized basis and a yield of 0.62%. The ex-dividend date of this dividend is Friday, November 10th. View Woodward's Dividend History.

Woodward declared that its Board of Directors has initiated a stock buyback plan on Wednesday, April 12th 2017, which allows the company to buyback $500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase up to 11.6% of its shares through open market purchases. Shares buyback plans are often an indication that the company's management believes its shares are undervalued.

Woodward, Inc. (NASDAQ:WWD) released its earnings results on Monday, July, 24th. The company reported $0.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.76 by $0.09. The business earned $548.62 million during the quarter, compared to the consensus estimate of $530.89 million. Woodward had a return on equity of 16.12% and a net margin of 9.67%. The business's revenue for the quarter was up 8.1% on a year-over-year basis. During the same quarter last year, the company earned $0.81 earnings per share. View Woodward's Earnings History.

Woodward is scheduled to release their next quarterly earnings announcement on Monday, November, 13th 2017. View Earnings Estimates for Woodward.

Woodward updated its FY17 earnings guidance on Monday, July, 24th. The company provided EPS guidance of $3.05-3.15 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.13. The company issued revenue guidance of $2.1 billion, compared to the consensus revenue estimate of $2.09 billion.

8 brokers have issued 1-year target prices for Woodward's shares. Their forecasts range from $62.00 to $82.00. On average, they expect Woodward's stock price to reach $74.75 in the next twelve months. View Analyst Ratings for Woodward.

Here are some recent quotes from research analysts about Woodward stock:

• 1. According to Zacks Investment Research, "Woodward stands to benefit from increased global usage of natural gas as a source of electricity and transportation fuel, while strong backlog in the commercial aerospace space buoys optimism. Its investments in new technologies will ensure that it remains well positioned to achieve its goal of being a premier aerospace supplier. However, persistent weakness in large capital projects remains one of the major dampeners for Woodward's industrial segment. Also, the company’s dependence on government defense budgets, stiff competition it faces from a number of major players in the U.S. and abroad as well as sluggish growth in China are major concerns. Moreover, it underperformed the broader industry on a year-to-date basis." (9/26/2017)
• 2. Wood & Company analysts commented, "Aerospace galloped ahead of pace on broad strength, while mixed Industrial trends remained a net headwind, combining for overall net operating upside. The industrial outlook softened (more 4Q impact vs. 3Q). Aero performance in 3Q logged ahead of likely sustainable trends and expectations, but a strong outlook persists (near-term and long), anchoring our base case buy thesis for sustained visibility of excellent growth on OE platform mix and AM fleet dynamics/initial provisioning. WWD noted Industrial OM target of 16% for 2019 in large part supported by cost actions and productivity that will continue to improve (expected steadily), with some sales growth required but perhaps not elevated." (7/25/2017)

Some companies that are related to Woodward include Snap-On Incorporated (SNA), Gardner Denver Holdings (GDI), Crane Company (CR), Weir Group PLC (WEIR), Spirax-Sarco Engineering plc (SPX), Timken Company (The) (TKR), Barnes Group (B), IMI plc (IMI), Manitowoc Food Service (WBT), KLX (KLXI), Rexnord Corporation (RXN), Hillenbrand (HI), Proto Labs (PRLB), MUELLER WATER PRODUCTS (MWA), SPX FLOW (FLOW), Actuant Corporation (ATU), Kaman Corporation (KAMN) and Comfort Systems USA (FIX).

Woodward's management team includes the folowing people:

• Thomas A. Gendron, Chairman of the Board, President and Chief Executive Officer
• Robert F. Weber Jr., Vice Chairman of the Board, Chief Financial Officer, Treasurer
• Martin V. Glass, President - Airframe Systems
• Sagar A. Patel, President - Aircraft Turbine Systems
• Chad Robert Preiss, President - Industrial Systems
• A. Christopher Fawzy, Corporate Vice President, Chief Compliance Officer, General Counsel, Corporate Secretary
• Steven J. Meyer, Corporate Vice President - Human Resources
• Matt R. Cook, Corporate Vice President-Information Technology
• James D. Rudolph, Corporate Vice President
• Matthew F. Taylor, Corporate Vice President-Supply Chain

Shares of Woodward can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Woodward stock can currently be purchased for approximately $80.51.