Woodward (NASDAQ:WWD) Releases 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 Analysts Forecast Growth

Several research analysts have weighed in on the stock. TD Cowen reaffirmed a “hold” rating and set a $160.00 target price (down previously from $186.00) on shares of Woodward in a research note on Friday, October 4th. Jefferies Financial Group raised shares of Woodward from a “hold” rating to a “buy” rating and increased their target price for the stock from $170.00 to $190.00 in a research note on Wednesday, July 31st. UBS Group increased their price target on shares of Woodward from $209.00 to $228.00 and gave the stock a “buy” rating in a research report on Tuesday. Deutsche Bank Aktiengesellschaft increased their price target on shares of Woodward from $158.00 to $162.00 and gave the stock a “hold” rating in a research report on Thursday, October 3rd. Finally, Truist Financial reissued a “buy” rating and set a $226.00 price target (up previously from $187.00) on shares of Woodward in a research report on Tuesday. Six analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $184.67.

Woodward Stock Up 4.5 %

WWD stock opened at $187.29 on Wednesday. The company has a current ratio of 1.96, a quick ratio of 1.29 and a debt-to-equity ratio of 0.26. Woodward has a twelve month low of $129.46 and a twelve month high of $201.64. The company’s 50 day moving average is $168.14 and its two-hundred day moving average is $170.87. The stock has a market cap of $11.17 billion, a P/E ratio of 31.16, a PEG ratio of 1.91 and a beta of 1.38.

Woodward Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 5th. Shareholders of record on Thursday, November 21st will be issued a dividend of $0.25 per share. The ex-dividend date of this dividend is Thursday, November 21st. This represents a $1.00 dividend on an annualized basis and a yield of 0.53%. Woodward’s payout ratio is currently 16.64%.

Insiders Place Their Bets

In other news, COO Thomas G. Cromwell sold 10,000 shares of the firm’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 transaction of $1,776,500.00. Following the transaction, the chief operating officer now directly owns 11,511 shares in the company, valued at approximately $2,044,929.15. This trade represents a 46.49 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Over the last quarter, insiders have sold 27,913 shares of company stock valued at $4,907,304. 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.