Woodward (NASDAQ:WWD – Get Free Report) issued an update on its FY25 earnings guidance on Monday morning. The company provided EPS guidance of $5.75-$6.25 for the period, compared to the consensus EPS 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
A number of research firms recently commented on WWD. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Woodward from $158.00 to $162.00 and gave the company a “hold” rating in a research report on Thursday, October 3rd. Truist Financial reiterated a “buy” rating and set a $226.00 price objective (up previously from $187.00) on shares of Woodward in a report on Tuesday. StockNews.com cut Woodward from a “buy” rating to a “hold” rating in a research note on Friday, November 22nd. TD Cowen reaffirmed a “hold” rating and issued a $160.00 price target (down previously from $186.00) on shares of Woodward in a research note on Friday, October 4th. Finally, Jefferies Financial Group raised shares of Woodward from a “hold” rating to a “buy” rating and increased their price objective for the stock from $170.00 to $190.00 in a research report on Wednesday, July 31st. Six equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, Woodward currently has a consensus rating of “Hold” and a consensus price target of $184.67.
Read Our Latest Report on Woodward
Woodward Stock Performance
Woodward Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 5th. Stockholders of record on Thursday, November 21st will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 0.56%. The ex-dividend date is Thursday, November 21st. Woodward’s payout ratio is presently 16.64%.
Insider Activity at Woodward
In related news, COO Thomas G. Cromwell sold 10,000 shares of the firm’s stock in a transaction dated 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 directly owns 11,511 shares in the company, valued at approximately $2,044,929.15. This trade represents a 46.49 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Over the last three months, insiders 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.
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