Woodward, Inc.Common Stock (WWD) Set to Announce Earnings on Wednesday

Woodward, Inc.Common Stock (NASDAQ:WWD) is scheduled to release its earnings data after the market closes on Wednesday, November 7th. Analysts expect Woodward, Inc.Common Stock to post earnings of $1.31 per share for the quarter.

Shares of WWD stock opened at $73.21 on Wednesday. The firm has a market cap of $4.53 billion, a price-to-earnings ratio of 23.17, a price-to-earnings-growth ratio of 1.31 and a beta of 1.25. The company has a debt-to-equity ratio of 0.83, a current ratio of 2.11 and a quick ratio of 1.01. Woodward, Inc.Common Stock has a 12 month low of $68.56 and a 12 month high of $89.30.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, November 27th. Shareholders of record on Tuesday, November 13th will be paid a dividend of $0.1425 per share. This represents a $0.57 dividend on an annualized basis and a yield of 0.78%. The ex-dividend date of this dividend is Friday, November 9th. This is a positive change from Woodward, Inc.Common Stock’s previous quarterly dividend of $0.14. Woodward, Inc.Common Stock’s payout ratio is 18.04%.



Several analysts have recently issued reports on WWD shares. Barrington Research reiterated a “hold” rating on shares of Woodward, Inc.Common Stock in a research note on Tuesday. BidaskClub lowered shares of Woodward, Inc.Common Stock from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 4th. Wood & Company reiterated a “hold” rating on shares of Woodward, Inc.Common Stock in a research note on Monday, July 30th. ValuEngine upgraded shares of Woodward, Inc.Common Stock from a “hold” rating to a “buy” rating in a research note on Thursday, July 12th. Finally, Zacks Investment Research upgraded shares of Woodward, Inc.Common Stock from a “sell” rating to a “hold” rating and set a $91.00 target price for the company in a research note on Monday, July 23rd. Eight research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $82.43.

In other news, Director Mary L. Petrovich sold 3,800 shares of the company’s stock in a transaction on Thursday, September 6th. The shares were sold at an average price of $79.78, for a total value of $303,164.00. Following the completion of the sale, the director now owns 25,326 shares in the company, valued at approximately $2,020,508.28. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Chad Robert Preiss sold 4,812 shares of the company’s stock in a transaction on Thursday, August 9th. The stock was sold at an average price of $80.79, for a total transaction of $388,761.48. Following the completion of the sale, the insider now owns 21,812 shares of the company’s stock, valued at approximately $1,762,191.48. The disclosure for this sale can be found here. In the last quarter, insiders sold 38,724 shares of company stock valued at $3,091,922. Company insiders own 6.17% of the company’s stock.

About Woodward, Inc.Common Stock

Woodward, Inc designs, manufactures, and services energy control and optimization solutions for the aerospace and industrial markets worldwide. Its Aerospace segment provides fuel pumps, metering units, actuators, air valves, specialty valves, fuel nozzles, and thrust reverser actuation systems for turbine engines and nacelles; and flight deck controls, actuators, servocontrols, motors, and sensors for aircraft that are used on commercial and private aircrafts and rotorcrafts, as well as in military fixed-wing aircrafts and rotorcrafts, weapons, and defense systems.

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Earnings History for Woodward, Inc.Common Stock (NASDAQ:WWD)

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