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 Industrial Machinery & Equipment
Trailing P/E Ratio27.2177121771218
Forward P/E Ratio21.69
Sales & Book Value
Annual Sales$2.10 billion
Price / Sales2.15
Cash Flow$4.58 per share
Price / Cash16.11
Book Value$22.86 per share
Price / Book3.23
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. Shareholders 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 annualized dividend and a yield of 0.77%. The ex-dividend date is Friday, February 16th. This is a positive change 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 of Directors has initiated a stock buyback program on Wednesday, April 12th 2017, which allows the company to repurchase $500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy up to 11.6% of its shares through open market purchases. Shares repurchase programs are often an indication that the company's management believes its shares are undervalued.
How were Woodward's earnings last quarter?
Woodward Inc (NASDAQ:WWD) issued its quarterly earnings data on Monday, January, 22nd. The technology company reported $0.53 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.64 by $0.11. The technology company earned $470.14 million during the quarter, compared to analyst estimates of $472.14 million. Woodward had a return on equity of 14.04% and a net margin of 8.10%. Woodward's revenue for the quarter was up 6.2% compared to the same quarter last year. During the same period in the prior year, the firm 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 issued an update on 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 earnings per share 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 equities research analysts have issued 12 month target prices for Woodward's shares. Their forecasts range from $62.00 to $82.00. On average, they anticipate Woodward's stock price to reach $77.71 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 Snap-on (SNA), Gardner Denver (GDI), Crane (CR), Spirax-Sarco Engineering (SPX), CLARCOR (CLC), Timken (TKR), KLX (KLXI), Barnes Group (B), Welbilt (WBT), Proto Labs (PRLB), Rexnord (RXN), Hillenbrand (HI), SPX Flow (FLOW), Mueller Water Products (MWA), Kaman (KAMN), Comfort Systems USA (FIX), Actuant (ATU) and SPX (SPXC).
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)
Who owns Woodward stock?
Woodward's stock is owned by a variety of of retail and institutional 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.
Who sold Woodward stock? Who is selling Woodward stock?
Woodward's 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, John D Cohn, Martin Val Glass, Mary L Petrovich, Paul Donovan and Robert F Weber Jr. View Insider Buying and Selling for Woodward.
Who bought Woodward stock? Who is buying Woodward stock?
Woodward's 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 Woodward stock?
Shares of Woodward 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 Woodward stock can currently be purchased for approximately $73.76.
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 $2.71 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, United States. The technology company can be reached via phone at +1-970-4825811 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) 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
|Payout Ratio:||21.03% (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: 71.29%
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, February, 22, 2018