Woodward (NASDAQ:WWD) Issues FY25 Earnings Guidance

Woodward (NASDAQ:WWD) updated its FY25 earnings guidance on Monday. The company provided earnings per share guidance of $5.75-$6.25 for the period, compared to the consensus earnings per share estimate of $5.85. The company issued revenue guidance of $3.30-$3.50 billion, compared to the consensus revenue estimate of $3.38 billion. Woodward also updated its FY 2025 guidance to 5.750-6.250 EPS.

Wall Street Analyst Weigh In

WWD has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft lifted their price target on Woodward from $158.00 to $162.00 and gave the stock a “hold” rating in a research report on Thursday, October 3rd. The Goldman Sachs Group cut their target price on Woodward from $228.00 to $201.00 and set a “buy” rating on the stock in a research report on Wednesday, July 31st. Truist Financial upgraded Woodward from a “hold” rating to a “buy” rating and raised their price target for the stock from $152.00 to $187.00 in a research report on Wednesday, August 21st. StockNews.com cut shares of Woodward from a “buy” rating to a “hold” rating in a research report on Friday. Finally, TD Cowen restated a “hold” rating and issued a $160.00 target price (down previously from $186.00) on shares of Woodward in a report on Friday, October 4th. Six research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, Woodward has an average rating of “Hold” and a consensus target price of $174.67.

Woodward Trading Up 1.8 %

WWD stock traded up $3.24 during trading on Monday, hitting $179.29. The company had a trading volume of 1,015,829 shares, compared to its average volume of 426,928. The firm has a market capitalization of $10.70 billion, a P/E ratio of 29.44, a PEG ratio of 1.87 and a beta of 1.38. The company has a quick ratio of 1.29, a current ratio of 1.96 and a debt-to-equity ratio of 0.26. Woodward has a 52-week low of $129.46 and a 52-week high of $188.35. The company has a 50 day simple moving average of $167.82 and a 200-day simple moving average of $170.87.

Woodward Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 5th. Investors of record on Thursday, November 21st will be issued a $0.25 dividend. The ex-dividend date of this dividend is Thursday, November 21st. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.56%. Woodward’s payout ratio is 16.72%.

Insider Buying and Selling

In other news, COO Thomas G. Cromwell sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, November 11th. The shares were sold at an average price of $177.65, for a total value of $1,776,500.00. Following the completion of the sale, the chief operating officer now owns 11,511 shares of the company’s stock, valued at approximately $2,044,929.15. This represents a 46.49 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders have sold a total of 27,913 shares of company stock valued at $4,907,304 over the last quarter. 1.12% of the stock is owned by corporate insiders.

About Woodward

Woodward, Inc designs, manufactures, and services control solutions for the aerospace and industrial markets worldwide. The company operates in two segments, Aerospace and Industrial. The 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.