Woodward - WWD Stock Forecast, Price & News

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Woodward in the last year. There are currently 5 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research 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.
View WWD analyst ratings or view top-rated stocks.

7 brokers have issued 12 month price targets for Woodward's stock. Their WWD share price forecasts range from $74.00 to $127.00. On average, they predict the company's stock price to reach $105.56 in the next year. This suggests a possible upside of 0.0% from the stock's current price.
View analysts price targets for WWD or view top-rated stocks among Wall Street analysts.

Woodward's stock was trading at $96.61 on January 1st, 2023. Since then, WWD stock has increased by 9.2% and is now trading at $105.54.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Monday, May 1st 2023.
View our WWD earnings forecast.

Woodward, Inc. (NASDAQ:WWD) posted its earnings results on Monday, January, 30th. The technology company reported $0.49 EPS for the quarter, missing the consensus estimate of $0.60 by $0.11. The technology company had revenue of $619 million for the quarter, compared to the consensus estimate of $599.88 million. Woodward had a net margin of 6.95% and a trailing twelve-month return on equity of 8.57%. The company's quarterly revenue was up 14.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.56 earnings per share.

Woodward announced a quarterly dividend on Monday, January 30th. Shareholders of record on Tuesday, February 21st will be paid a dividend of $0.22 per share on Tuesday, March 7th. This represents a $0.88 annualized dividend and a dividend yield of 0.83%. The ex-dividend date is Friday, February 17th. This is a boost from the stock's previous quarterly dividend of $0.19.
Read our dividend analysis for WWD.

Woodward (NASDAQ:WWD) pays an annual dividend of $0.76 per share and currently has a dividend yield of 0.72%. 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 27.64%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WWD will have a dividend payout ratio of 18.18% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for WWD.

Woodward updated its FY23 earnings guidance on Monday, January, 30th. The company provided earnings per share guidance of $3.15-$3.60 for the period, compared to the consensus EPS estimate of $3.41. The company issued revenue guidance of $2.60-$2.75 billion, compared to the consensus revenue estimate of $2.64 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 trades on the NASDAQ under the ticker symbol "WWD."

Woodward's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include New York State Common Retirement Fund (0.19%), LaFleur & Godfrey LLC (0.15%), New York State Teachers Retirement System (0.13%), Bank of Montreal Can (0.10%), YHB Investment Advisors Inc. (0.05%) and Graybill Bartz & Assoc Ltd. (0.05%). Insiders that own company stock include Chad Robert Preiss, Charles P Blankenship, Christopher Fawzy, Daniel G Korte, David P Hess, David P Hess, 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.
View institutional ownership trends.

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.
Compare Top Brokerages Here.

One share of WWD stock can currently be purchased for approximately $105.54.

Woodward (NASDAQ:WWD) has a market capitalization of $6.30 billion and generates $2.38 billion in revenue each year. The technology company earns $171.70 million in net income (profit) each year or $2.75 on an earnings per share basis.

The company employs 8,300 workers across the globe.

Woodward's mailing address is 1081 WOODWARD WAY, FORT COLLINS CO, 80524. The official website for the company is www.woodward.com. The technology company can be reached via phone at (970) 482-5811, via email at investorrelations@woodward.com, or via fax at 970-498-3050.