Woodward (WWD) Scheduled to Post Earnings on Monday

Woodward (NASDAQ:WWD - Get Free Report) will be posting its quarterly earnings results after the market closes on Monday, November 25th. Analysts expect Woodward to post earnings of $1.22 per share for the quarter. Individual that are interested in registering for the company's earnings conference call can do so using this link.

Woodward Price Performance

Shares of NASDAQ:WWD traded up $0.37 during trading on Monday, reaching $169.91. 289,026 shares of the company traded hands, compared to its average volume of 419,408. The company's 50 day moving average is $167.20 and its two-hundred day moving average is $170.91. The firm has a market capitalization of $10.14 billion, a PE ratio of 28.41, a PEG ratio of 1.80 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 $128.52 and a 52 week high of $188.35.

Woodward Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 5th. Stockholders of record on Thursday, November 21st will be given 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 dividend yield of 0.59%. Woodward's payout ratio is 16.72%.

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. TD Cowen reiterated a "hold" rating and set a $160.00 target price (down from $186.00) on shares of Woodward in a research report on Friday, October 4th. Deutsche Bank Aktiengesellschaft boosted their price target on Woodward from $158.00 to $162.00 and gave the stock a "hold" rating in a report on Thursday, October 3rd. StockNews.com raised Woodward from a "hold" rating to a "buy" rating in a report on Thursday. Truist Financial raised Woodward from a "hold" rating to a "buy" rating and boosted their price target for the stock from $152.00 to $187.00 in a report on Wednesday, August 21st. Finally, Jefferies Financial Group raised Woodward from a "hold" rating to a "buy" rating and boosted their price target for the stock from $170.00 to $190.00 in a report on Wednesday, July 31st. Five equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $174.67.

Insider Buying and Selling at Woodward

In related news, COO Thomas G. Cromwell sold 10,000 shares of the company'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 represents a 46.49 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In the last quarter, insiders have sold 27,913 shares of company stock worth $4,907,304. Insiders own 1.12% of the company's stock.

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.