Woodward Stock Price, News & Analysis (NASDAQ:WWD)

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Woodward in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" WWD shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WWD, but not buy additional shares or sell existing shares.
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9 Wall Street research analysts have issued 12-month price objectives for Woodward's shares. Their WWD share price targets range from $103.00 to $160.00. On average, they anticipate the company's stock price to reach $136.11 in the next year. This suggests a possible upside of 3.0% from the stock's current price.
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Woodward's stock was trading at $96.61 on January 1st, 2023. Since then, WWD shares have increased by 36.8% and is now trading at $132.15.
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The company is scheduled to release its next quarterly earnings announcement on Monday, January 29th 2024.
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Woodward, Inc. (NASDAQ:WWD) announced its quarterly earnings data on Thursday, November, 16th. The technology company reported $1.33 earnings per share for the quarter, topping the consensus estimate of $1.31 by $0.02. The technology company had revenue of $777.07 million for the quarter, compared to the consensus estimate of $763.40 million. Woodward had a net margin of 7.97% and a trailing twelve-month return on equity of 12.76%. Woodward's quarterly revenue was up 21.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.84 earnings per share.

Woodward announced a quarterly dividend on Friday, November 17th. Shareholders of record on Monday, November 20th will be given a dividend of $0.22 per share on Monday, December 4th. This represents a $0.88 dividend on an annualized basis and a yield of 0.67%. The ex-dividend date of this dividend is Friday, November 17th.
Read our dividend analysis for WWD.

Woodward (NASDAQ:WWD) pays an annual dividend of $0.88 per share and currently has a dividend yield of 0.67%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 23.34%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WWD will have a dividend payout ratio of 16.36% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for WWD.

ETFs with the largest weight of Woodward (NASDAQ:WWD) stock in their portfolio include SPDR S&P Aerospace & Defense ETF (XAR), Gabelli Commercial Aerospace & Defense ETF (GCAD), First Trust Indxx Aerospace & Defense ETF (MISL), iShares U.S. Aerospace & Defense ETF (ITA), Direxion Daily Aerospace & Defense Bull 3X Shares (DFEN), Invesco Aerospace & Defense ETF (PPA), WisdomTree U.S. Value Fund (WTV) and WisdomTree U.S. Quality Shareholder Yield Fund (QSY).

Woodward updated its FY24 earnings guidance on Thursday, November, 16th. The company provided earnings per share guidance of $4.70-5.15 for the period, compared to the consensus estimate of $4.88. The company issued revenue guidance of $3.10-3.25 billion, compared to the consensus revenue estimate of $3.12 billion.

178 employees have rated Woodward Chief Executive Officer Thomas A. Gendron on Glassdoor.com. Thomas A. Gendron has an approval rating of 67% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Woodward investors own include Tesla (TSLA), Alibaba Group (BABA), Boeing (BA), NVIDIA (NVDA), Verizon Communications (VZ), AbbVie (ABBV), Advanced Micro Devices (AMD), Caterpillar (CAT), Lockheed Martin (LMT) and Intuitive Surgical (ISRG).

Woodward's stock is owned by a variety of institutional and retail investors. Top institutional investors include Earnest Partners LLC (1.76%), FMR LLC (1.65%), Morgan Stanley (1.64%), Brown Advisory Inc. (1.55%), JPMorgan Chase & Co. (1.15%) and Northern Trust Corp (1.02%). Insiders that own company stock include Charles P Blankenship, Christopher Fawzy, Daniel G Korte, David P Hess, David P Hess, Gregg C Sengstack, John D Cohn, Mark D Hartman, Mary L Petrovich, Paul Donovan, Rajeev Bhalla, Robert F Weber Jr, Ronald M Sega, Sagar A Patel, Terence J Voskuil and Thomas A Gendron.
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Shares of WWD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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