About Woodward (NASDAQ:WWD)
Woodward, Inc. is an independent designer, manufacturer and service provider of energy control and optimization solutions. The Company designs, produces and services energy control products for various applications. The Company's segments include Aerospace and Industrial. The Company's Aerospace segment designs, manufactures and services systems and products for the management of fuel, air, combustion and motion control. The Company's Industrial segment designs, produces and services systems and products for the management of fuel, air, fluids, gases, electricity, motion and combustion. The Company has production and assembly facilities in the United States, Europe and Asia and South America, and promotes its products and services throughout the world. The Company offers solutions for the aerospace, industrial and energy markets. The Company focuses primarily on serving original equipment manufacturers (OEMs) and equipment packagers.
Industry, Sector and Symbol
Industry MISC TECHNOLOGY
SectorComputer and Technology
Trailing P/E Ratio27.1655410497833
Forward P/E Ratio21.73
Sales & Book Value
Annual Sales$2.10 billion
Price / Sales2.16
Cash Flow$4.59 per share
Price / Cash16.09
Book Value$22.37 per share
Price / Book3.30
Net Income$200.50 million
Return on Equity14.04%
Return on Assets6.95%
Woodward (NASDAQ:WWD) Frequently Asked Questions
What is Woodward's stock symbol?
Woodward trades on the NASDAQ under the ticker symbol "WWD."
How often does Woodward pay dividends? What is the dividend yield for Woodward?
Woodward declared a quarterly dividend on Friday, January 26th. Investors of record on Tuesday, February 20th will be paid a dividend of $0.1425 per share on Tuesday, March 6th. This represents a $0.57 dividend on an annualized basis and a yield of 0.77%. The ex-dividend date of this dividend is Friday, February 16th. This is a boost from Woodward's previous quarterly dividend of $0.13. View Woodward's Dividend History.
How will Woodward's stock buyback program work?
Woodward declared that its board has authorized a share buyback program on Wednesday, April 12th 2017, which authorizes the company to buyback $500,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 11.6% of its shares through open market purchases. Shares buyback programs are typically a sign that the company's board believes its shares are undervalued.
How were Woodward's earnings last quarter?
Woodward Inc (NASDAQ:WWD) posted its quarterly earnings data on Monday, January, 22nd. The technology company reported $0.53 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.64 by $0.11. The technology company earned $470.14 million during the quarter, compared to analysts' expectations of $472.14 million. Woodward had a return on equity of 14.04% and a net margin of 8.10%. The business's quarterly revenue was up 6.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.73 EPS. View Woodward's Earnings History.
When will Woodward make its next earnings announcement?
What guidance has Woodward issued on next quarter's earnings?
Woodward updated its FY18 earnings guidance on Monday, January, 22nd. The company provided earnings per share (EPS) guidance of $3.35-3.60 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.37. The company issued revenue guidance of $2.2-2.3 billion, compared to the consensus revenue estimate of $2.23 billion.
Where is Woodward's stock going? Where will Woodward's stock price be in 2018?
8 brokers have issued 1 year price targets for Woodward's stock. Their predictions range from $62.00 to $89.00. On average, they expect Woodward's stock price to reach $78.71 in the next year. View Analyst Ratings for Woodward.
What are Wall Street analysts saying about Woodward stock?
Here are some recent quotes from research analysts about Woodward stock:
- 1. Wood & Company analysts commented, "WWD revised its FY18 EPS range up $0.15 at the low end/$0.10 high end, on ~$0.13 favorable impact of tax law. Excluding 1Q tax charges (included in FY18 guidance), adjusted EPS of $0.53 compared to our $0.60/$0.62 consensus estimates. Industrial OP actually exceeded our estimate on favorable cost structure initiatives, mix, and small timing items. Corporate was $6M higher than expected run rate on timing of stock compensation, and Aero OM of 14.2% widely missed our 18.0%/+40 bps estimate. Aero results reflected higher R&D (majority of $8M increase in Aero segment), ~$6M in higher facility costs (capacity coming on line, mismatched with associated revenue timing/strong visibility), and adverse mix within OE. Key FY2Q bridge variables figure as industrial top line; Aero cost absorption." (1/23/2018)
- 2. According to Zacks Investment Research, "Woodward witnessed further deterioration of the natural gas truck market in China and continued weakness in reciprocating engine power generation and other OEM large capital equipment projects. Moreover, persistent weakness in large capital projects remains one of the major dampeners for Woodward's industrial segment. This business has been witnessing continuous weakness for the past few quarters, which in turn has affected its financial results. This may have led the company’s shares to underperform the broader industry in last one year. Nevertheless, it stands to benefit from increased global usage of natural gas as a source of electricity and transportation fuel." (1/21/2018)
Who are some of Woodward's key competitors?
Some companies that are related to Woodward include PerkinElmer (PKI), Nikon (NINOY), MKS Instruments (MKSI), Siliconware Precision Industries (SPIL), Coherent (COHR), Entegris (ENTG), Bruker (BRKR), Lumentum (LITE), Ciena (CIEN), Watts Water Technologies (WTS), Advanced Energy (AEIS), Brooks Automation (BRKS), Finisar (FNSR), Kulicke and Soffa Industries (KLIC), Oclaro (OCLR), Badger Meter (BMI), MTS Systems (MTSC) and Rudolph Technologies (RTEC).
Who are Woodward's key executives?
Woodward's management team includes the folowing people:
- Thomas A. Gendron, Chairman of the Board, President and Chief Executive Officer (Age 56)
- Robert F. Weber Jr., Vice Chairman of the Board, Chief Financial Officer, Treasurer (Age 63)
- Sagar A. Patel, President - Aircraft Turbine Systems (Age 51)
- Chad Robert Preiss, President - Industrial Systems (Age 52)
- Matthew F. Taylor, President - Airframe Systems (Age 55)
- A. Christopher Fawzy, Corporate Vice President, Chief Compliance Officer, General Counsel, Corporate Secretary (Age 48)
- Steven J. Meyer, Corporate Vice President - Human Resources (Age 57)
- Matt R. Cook, Corporate Vice President - Information Technology (Age 46)
- James D. Rudolph, Corporate Vice President (Age 56)
- John D. Tysver, Corporate Vice President - Technology (Age 55)
Has Woodward been receiving favorable news coverage?
News headlines about WWD stock have trended somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Woodward earned a news impact score of 0.11 on Accern's scale. They also gave media coverage about the technology company an impact score of 47.10 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.
Who are Woodward's major shareholders?
Woodward's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.12%), Royce & Associates LP (2.35%), Eagle Asset Management Inc. (1.67%), Champlain Investment Partners LLC (1.61%), Brown Advisory Inc. (1.34%) and Bank of New York Mellon Corp (1.29%). Company insiders that own Woodward stock include Chad Robert Preiss, Christopher Fawzy, James D Rudolph, James R Rulseh, John A Halbrook, John D Cohn, Larry E Rittenberg, Martin Val Glass, Mary L Petrovich, Paul Donovan, Robert F Weber Jr and Thomas A Gendron. View Institutional Ownership Trends for Woodward.
Which major investors are selling Woodward stock?
WWD stock was sold by a variety of institutional investors in the last quarter, including Vulcan Value Partners LLC, Eagle Asset Management Inc., Champlain Investment Partners LLC, TimesSquare Capital Management LLC, Royce & Associates LP, Kennedy Capital Management Inc., Metropolitan Life Insurance Co. NY and American Century Companies Inc.. Company insiders that have sold Woodward company stock in the last year include John A Halbrook, Mary L Petrovich, Paul Donovan and Robert F Weber Jr. View Insider Buying and Selling for Woodward.
Which major investors are buying Woodward stock?
WWD stock was acquired by a variety of institutional investors in the last quarter, including Millennium Management LLC, Carillon Tower Advisers Inc., Deutsche Bank AG, Renaissance Technologies LLC, Assenagon Asset Management S.A., Two Sigma Investments LP, BlackRock Inc. and Two Sigma Advisers LP. View Insider Buying and Selling for Woodward.
How do I buy shares of Woodward?
Shares of WWD can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Woodward's stock price today?
One share of WWD stock can currently be purchased for approximately $73.89.
How big of a company is Woodward?
Woodward has a market capitalization of $4.52 billion and generates $2.10 billion in revenue each year. The technology company earns $200.50 million in net income (profit) each year or $2.72 on an earnings per share basis. Woodward employs 6,900 workers across the globe.
How can I contact Woodward?
Woodward's mailing address is 1081 WOODWARD WAY, FORT COLLINS CO, 80524. The technology company can be reached via phone at 970-482-5811 or via email at [email protected]
MarketBeat Community Rating for Woodward (WWD)MarketBeat's community ratings are surveys of what our community members think about Woodward and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Woodward (NASDAQ:WWD) Analysts' Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Hold||Hold||Hold||Buy|
|Consensus Rating Score: ||2.38||2.38||2.43||2.63|
|Ratings Breakdown: ||0 Sell Rating(s)|
5 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
5 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
4 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
3 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$78.71||$77.71||$77.71||$74.75|
|Price Target Upside: ||6.53% upside||0.71% upside||3.40% upside||8.52% upside|
Woodward (NASDAQ:WWD) Consensus Price Target History
Woodward (NASDAQ:WWD) Analyst Ratings History
(Data available from 3/22/2016 forward)
Woodward (NASDAQ:WWD) Earnings History and Estimates Chart
Woodward (NASDAQ WWD) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|1/22/2018||Q1 2018||$0.64||$0.53||$472.14 million||$470.14 million||View||Listen|
|11/8/2017||Q4 2017||$0.93||$0.98||$596.99 million||$606.79 million||View||N/A|
|7/24/2017||Q3 2017||$0.76||$0.85||$530.89 million||$548.62 million||View||N/A|
|4/19/2017||Q2 2017||$0.66||$0.60||$498.56 million||$500.40 million||View||N/A|
|1/23/2017||Q117||$0.50||$0.73||$450.95 million||$443.00 million||View||N/A|
|11/14/2016||Q416||$0.92||$0.99||$571.55 million||$590.92 million||View||Listen|
|7/20/2016||Q316||$0.76||$0.81||$521.70 million||$508.00 million||View||Listen|
|4/19/2016||Q216||$0.66||$0.65||$497.27 million||$479.00 million||View||Listen|
|1/19/2016||Q1||$0.51||$0.56||$458.00 million||$445.11 million||View||Listen|
|11/9/2015||Q415||$0.75||$0.77||$540.48 million||$562.60 million||View||Listen|
|7/20/2015||Q315||$0.71||$0.66||$538.35 million||$494.42 million||View||Listen|
|4/20/2015||Q215||$0.64||$0.66||$508.08 million||$493.20 million||View||Listen|
|1/20/2015||Q115||$0.46||$0.66||$446.90 million||$487.65 million||View||Listen|
|11/10/2014||Q4||$0.78||$0.77||$598.23 million||$565.40 million||View||Listen|
|7/21/2014||Q314||$0.60||$0.69||$507.20 million||$524.30 million||View||N/A|
|4/22/2014||Q214||$0.50||$0.66||$481.86 million||$482.50 million||View||Listen|
|1/21/2014||Q114||$0.42||$0.34||$431.76 million||$429.00 million||View||Listen|
|11/12/2013||Q413||$0.70||$0.76||$548.67 million||$558.40 million||View||Listen|
|7/25/2013||Q3 2013||$0.56||$0.34||$494.55 million||$483.80 million||View||Listen|
|4/22/2013||Q2 2013||$0.61||$0.61||$503.60 million||$485.50 million||View||Listen|
|1/22/2013||Q1 2013||$0.45||$0.39||$434.58 million||$408.30 million||View||N/A|
|11/13/2012||Q412||$0.58||$0.66||$528.19 million||$528.70 million||View||N/A|
Woodward (NASDAQ:WWD) Earnings Estimates
2018 EPS Consensus Estimate: $3.70
2019 EPS Consensus Estimate: $4.08
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Woodward (NASDAQ:WWD) Dividend Information
|Most Recent Dividend:||3/6/2018|
|Payout Ratio:||20.96% (Trailing 12 Months of Earnings) |
16.76% (Based on This Year's Estimates)
13.51% (Based on Next Year's Estimates)
Woodward (NASDAQ:WWD) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Woodward (NASDAQ WWD) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 6.17%
Institutional Ownership Percentage: 74.42%
Woodward (NASDAQ WWD) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|11/13/2017||Mary L Petrovich||Director||Sell||5,700||$79.69||$454,233.00||27,904|| |
|9/1/2017||John A Halbrook||Director||Sell||1,800||$70.60||$127,080.00||345,721|| |
|8/16/2017||John A Halbrook||Director||Sell||8,700||$70.02||$609,174.00||350,521|| |
|8/9/2017||Paul Donovan||Director||Sell||5,700||$70.55||$402,135.00||39,052|| |
|5/17/2017||Robert F Weber Jr||CFO||Sell||7,500||$66.49||$498,675.00||34,053|| |
|4/27/2017||Mary L Petrovich||Director||Buy||7,300||$68.35||$498,955.00||22,204|| |
|3/2/2017||John A Halbrook||Director||Sell||8,200||$71.05||$582,610.00||321,335|| |
|3/1/2017||Martin Val Glass||Insider||Sell||26,000||$71.94||$1,870,440.00||88,781|| |
|2/27/2017||John D Cohn||Director||Sell||5,700||$70.75||$403,275.00||25,700|| |
|2/16/2017||James R Rulseh||Director||Sell||3,500||$70.14||$245,490.00||14,112|| |
|1/30/2017||Thomas A Gendron||Insider||Sell||45,000||$69.40||$3,123,000.00||223,434|| |
|1/26/2017||Christopher Fawzy||VP||Sell||10,400||$69.50||$722,800.00||13,906|| |
|11/28/2016||Robert F Weber Jr||CFO||Sell||1,692||$67.55||$114,294.60||26,553|| |
|11/18/2016||Larry E Rittenberg||Director||Sell||5,700||$67.18||$382,926.00||36,302|| |
|11/18/2016||Robert F Weber Jr||CFO||Sell||17,308||$66.79||$1,156,001.32||45,553|| |
|11/17/2016||Chad Robert Preiss||Insider||Sell||7,000||$67.44||$472,080.00|| |
|8/10/2016||Christopher Fawzy||VP||Sell||6,000||$59.30||$355,800.00||9,506|| |
|7/28/2016||Mary L Petrovich||Director||Sell||8,200||$58.54||$480,028.00|| |
|5/2/2016||Thomas A Gendron||CEO||Sell||74,000||$54.45||$4,029,300.00||241,983|| |
|4/28/2016||James D Rudolph||Insider||Sell||16,500||$54.93||$906,345.00||32,818|| |
|4/27/2016||Thomas A Gendron||CEO||Sell||70,000||$55.00||$3,850,000.00||279,854|| |
|4/26/2016||Chad Robert Preiss||Insider||Sell||14,500||$54.85||$795,325.00||30,817|| |
|3/1/2016||Thomas A Gendron||CEO||Sell||30,000||$48.00||$1,440,000.00||239,854|| |
|2/29/2016||Chad Robert Preiss||Insider||Sell||7,200||$47.14||$339,408.00||23,517|| |
|2/26/2016||Chad Robert Preiss||Insider||Sell||7,300||$47.27||$345,071.00||23,617|| |
|2/4/2016||Paul Donovan||Director||Buy||2,600||$44.59||$115,934.00||38,334|| |
|1/29/2016||Christopher Fawzy||VP||Buy||2,100||$46.03||$96,663.00||5,600|| |
|1/26/2016||Ronald M Sega||Director||Buy||1,000||$46.03||$46,030.00||4,800|| |
|1/15/2016||John A. Halbrook||Director||Sell||7,850||$44.94||$352,779.00||298,524|| |
|7/30/2015||Gregg C Sengstack||Director||Buy||12,000||$48.26||$579,120.00|| |
|6/2/2015||Mary L Petrovich||Director||Sell||8,962||$52.00||$466,024.00|| |
|5/27/2015||Chad Robert Preiss||Insider||Sell||35,000||$52.05||$1,821,750.00|| |
|5/27/2015||Paul Donovan||Director||Buy||2,508||$52.05||$130,541.40|| |
|1/15/2015||John A Halbrook||Director||Sell||7,746||$42.27||$327,423.42|| |
|11/14/2014||Chad Robert Preiss||Insider||Sell||16,000||$51.00||$816,000.00|| |
|4/30/2014||Larry Rittenberg||Director||Sell||2,000||$44.37||$88,740.00||21,802|| |
|4/28/2014||James Rulseh||Director||Sell||7,600||$44.11||$335,236.00||17,612|| |
|2/20/2014||Chad Robert Preiss||Insider||Sell||16,000||$43.35||$693,600.00||7,500|| |
|1/31/2014||Paul Donovan||Director||Buy||1,129||$42.80||$48,321.20||31,787|| |
|12/3/2013||Christopher Fawzy||VP||Sell||1,800||$42.56||$76,608.00||3,500|| |
|11/22/2013||Chad Robert Preiss||Insider||Sell||16,000||$42.20||$675,200.00||7,500|| |
|8/15/2013||Gregg Sengstack||Director||Buy||2,500||$40.97||$102,425.00||7,000|| |
|8/14/2013||Paul Donovan||Director||Buy||1,000||$41.94||$41,940.00||27,870|| |
|8/13/2013||James Rulseh||Director||Sell||9,500||$42.21||$400,995.00||17,612|| |
|8/2/2013||James Rudolph||Insider||Sell||9,000||$42.30||$380,700.00||16,318|| |
|6/5/2013||Paul Donovan||Director||Buy||7,370||$39.53||$291,336.10|| |
|6/3/2013||Martin Val Glass||Insider||Sell||27,000||$39.30||$1,061,100.00|| |
|5/30/2013||John A Halbrook||Director||Sell||3,805||$38.18||$145,274.90|| |
|2/26/2013||Paul Donovan||Director||Buy||2,500||$36.77||$91,925.00|| |
|9/6/2012||Paul Donovan||Director||Buy||2,000||$36.21||$72,420.00|| |
|9/5/2012||John A Halbrook||Director||Sell||2,000||$35.06||$70,120.00|| |
Woodward (NASDAQ WWD) News Headlines
Woodward (NASDAQ:WWD) SEC Filings
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Woodward (NASDAQ:WWD) Income Statement, Balance Sheet and Cash Flow Statement
Woodward (NASDAQ WWD) Stock Chart for Thursday, March, 22, 2018