News articles about Woodward (NASDAQ:WWD) have been trending somewhat positive recently, Accern Sentiment reports. Accern identifies negative and positive media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Woodward earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned news stories about the technology company an impact score of 46.1618012616819 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Woodward (NASDAQ WWD) opened at $75.89 on Wednesday. Woodward has a 52-week low of $65.22 and a 52-week high of $82.94. The company has a market capitalization of $4,698.82, a price-to-earnings ratio of 24.28, a PEG ratio of 1.88 and a beta of 1.23. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.28 and a current ratio of 2.39.
Woodward (NASDAQ:WWD) last released its quarterly earnings results on Wednesday, November 8th. The technology company reported $0.98 EPS for the quarter, topping the consensus estimate of $0.93 by $0.05. The business had revenue of $606.79 million during the quarter, compared to analyst estimates of $596.99 million. Woodward had a return on equity of 15.55% and a net margin of 9.55%. The company’s quarterly revenue was up 2.7% on a year-over-year basis. During the same period last year, the business posted $0.99 earnings per share. equities research analysts predict that Woodward will post 3.4 EPS for the current year.
A number of equities analysts recently weighed in on WWD shares. BidaskClub raised Woodward from a “hold” rating to a “buy” rating in a report on Saturday, September 23rd. Zacks Investment Research raised Woodward from a “sell” rating to a “hold” rating in a report on Tuesday, September 26th. ValuEngine cut Woodward from a “buy” rating to a “hold” rating in a report on Wednesday, November 15th. Cowen restated a “hold” rating and issued a $62.00 price target on shares of Woodward in a research report on Thursday, November 9th. Finally, SunTrust Banks upped their price target on Woodward to $77.00 and gave the company a “hold” rating in a research report on Thursday, November 9th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $77.71.
In other news, Director Mary L. Petrovich sold 5,700 shares of Woodward stock in a transaction dated Monday, November 13th. The stock was sold at an average price of $79.69, for a total transaction of $454,233.00. Following the sale, the director now owns 27,904 shares in the company, valued at $2,223,669.76. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 5.93% of the stock is currently owned by insiders.
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Woodward Company Profile
Woodward, Inc is an independent designer, manufacturer and service provider of energy control and optimization solutions. The Company designs, produces and services energy control products for various applications. The Company’s segments include Aerospace and Industrial. The Company’s Aerospace segment designs, manufactures and services systems and products for the management of fuel, air, combustion and motion control.
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