Woodward (NASDAQ:WWD – Get Free Report) issued an update on its FY 2025 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of 5.750-6.250 for the period, compared to the consensus estimate of 5.870. The company issued revenue guidance of $3.3 billion-$3.5 billion, compared to the consensus revenue estimate of $3.4 billion. Woodward also updated its FY25 guidance to $5.75-$6.25 EPS.
Analyst Ratings Changes
A number of equities research analysts have issued reports on the stock. Deutsche Bank Aktiengesellschaft increased their target price 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. StockNews.com lowered Woodward from a “buy” rating to a “hold” rating in a report on Friday. Jefferies Financial Group raised Woodward from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $170.00 to $190.00 in a report on Wednesday, July 31st. The Goldman Sachs Group lowered their price objective on Woodward from $228.00 to $201.00 and set a “buy” rating on the stock in a research note on Wednesday, July 31st. Finally, Truist Financial raised shares of Woodward from a “hold” rating to a “buy” rating and raised their price objective for the stock from $152.00 to $187.00 in a report on Wednesday, August 21st. Six research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, Woodward presently has an average rating of “Hold” and a consensus target price of $174.67.
Woodward Stock Up 1.8 %
Woodward Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 5th. Stockholders of record on Thursday, November 21st will be paid a $0.25 dividend. The ex-dividend date 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 presently 16.72%.
Insider Buying and Selling
In other Woodward news, COO Thomas G. Cromwell sold 10,000 shares of the firm’s stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $177.65, for a total transaction of $1,776,500.00. Following the sale, the chief operating officer now owns 11,511 shares in the company, valued at $2,044,929.15. This trade represents a 46.49 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In 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 company insiders.
Woodward Company Profile
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.
Read More
- Five stocks we like better than Woodward
- What is the NASDAQ Stock Exchange?
- MicroStrategy Stock Could Gain 50%, But Be Ready for Volatility
- 5 Top Rated Dividend Stocks to Consider
- 3 Key Analyst Upgrades: Why These Stocks Are Getting a Boost
- 3 Home Improvement Stocks that Can Upgrade Your Portfolio
- Abacus Life’s CEO on Cracking the Code of Longevity Returns
Receive News & Ratings for Woodward Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Woodward and related companies with MarketBeat.com's FREE daily email newsletter.