Woodward (WWD) Scheduled to Post Quarterly Earnings on Monday

Woodward (NASDAQ:WWD) will be issuing its quarterly earnings data after the market closes on Monday, January 22nd.

Woodward (NASDAQ:WWD) last announced its quarterly earnings results on Wednesday, November 8th. The technology company reported $0.98 earnings per share for the quarter, beating analysts’ consensus estimates of $0.93 by $0.05. The firm had revenue of $606.79 million for the quarter, compared to analysts’ expectations of $596.99 million. Woodward had a net margin of 9.55% and a return on equity of 15.55%. Woodward’s revenue was up 2.7% compared to the same quarter last year. During the same period in the previous year, the company posted $0.99 earnings per share. On average, analysts expect Woodward to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Woodward (NASDAQ WWD) opened at $83.41 on Monday. The firm has a market cap of $5,108.95, a P/E ratio of 26.40, a price-to-earnings-growth ratio of 2.02 and a beta of 1.24. 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 has a 12-month low of $65.22 and a 12-month high of $84.23.

WWD has been the topic of a number of recent research reports. Zacks Investment Research cut shares of Woodward from a “hold” rating to a “sell” rating in a research report on Friday, October 27th. BidaskClub raised shares of Woodward from a “buy” rating to a “strong-buy” rating in a research report on Friday, September 29th. ValuEngine cut shares of Woodward from a “buy” rating to a “hold” rating in a research report on Wednesday, November 15th. Wood & Company cut shares of Woodward from an “outperform” rating to a “market perform” rating in a research report on Thursday, October 26th. Finally, Cowen reaffirmed a “hold” rating and set a $62.00 price target on shares of Woodward in a research report on Thursday, November 9th. Six research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $79.25.

In other news, Director Mary L. Petrovich sold 5,700 shares of Woodward stock in a transaction that occurred on Monday, November 13th. The shares were 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 is available at the SEC website. Company insiders own 6.17% of the company’s stock.

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About Woodward

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.

Earnings History for Woodward (NASDAQ:WWD)

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