Woodward, Inc.Common Stock (NASDAQ:WWD) Releases FY20 Earnings Guidance

Woodward, Inc.Common Stock (NASDAQ:WWD) issued an update on its FY20 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of $5.30-5.60 for the period, compared to the Thomson Reuters consensus estimate of $5.50. The company issued revenue guidance of $3.00-3.10 billion, compared to the consensus revenue estimate of $3.09 billion.

Shares of WWD opened at $111.38 on Thursday. Woodward, Inc.Common Stock has a 52-week low of $68.40 and a 52-week high of $119.20. The company has a quick ratio of 1.19, a current ratio of 2.02 and a debt-to-equity ratio of 0.59. The firm’s fifty day moving average is $108.55 and its two-hundred day moving average is $110.01. The stock has a market cap of $7.10 billion, a PE ratio of 22.82, a price-to-earnings-growth ratio of 1.62 and a beta of 1.30.

Woodward, Inc.Common Stock (NASDAQ:WWD) last announced its earnings results on Monday, November 18th. The technology company reported $1.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.29 by ($0.07). Woodward, Inc.Common Stock had a return on equity of 19.79% and a net margin of 9.27%. The business had revenue of $736.54 million for the quarter, compared to analyst estimates of $746.21 million. During the same period last year, the firm earned $1.39 EPS. The company’s revenue for the quarter was up 2.4% compared to the same quarter last year. As a group, research analysts anticipate that Woodward, Inc.Common Stock will post 5.51 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Monday, November 18th will be given a dividend of $0.162 per share. The ex-dividend date is Friday, November 15th. This represents a $0.65 annualized dividend and a dividend yield of 0.58%. Woodward, Inc.Common Stock’s payout ratio is 13.32%.

WWD has been the topic of a number of recent analyst reports. BidaskClub raised shares of Woodward, Inc.Common Stock from a sell rating to a hold rating in a research report on Friday, November 15th. Wood & Company reaffirmed a sell rating on shares of Woodward, Inc.Common Stock in a research report on Monday, August 26th. Barrington Research cut shares of Woodward, Inc.Common Stock from an outperform rating to a market perform rating in a research report on Wednesday. Finally, ValuEngine raised shares of Woodward, Inc.Common Stock from a sell rating to a hold rating in a research report on Tuesday. One analyst has rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the stock. Woodward, Inc.Common Stock currently has a consensus rating of Hold and an average target price of $106.75.

In other Woodward, Inc.Common Stock news, CFO Robert F. Weber, Jr. sold 10,000 shares of the company’s stock in a transaction dated Thursday, September 5th. The shares were sold at an average price of $108.32, for a total value of $1,083,200.00. Following the transaction, the chief financial officer now owns 36,553 shares of the company’s stock, valued at $3,959,420.96. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 4.61% of the company’s stock.

About Woodward, Inc.Common Stock

Woodward, Inc designs, manufactures, and services control solutions for the aerospace and industrial markets worldwide. The company's Aerospace segment offers 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, servo controls, motors, and sensors for aircraft that are used on commercial and private aircraft and rotorcraft, as well as on military fixed-wing aircraft and rotorcraft, guided weapons, and other defense systems.

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

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