Woodward (NASDAQ:WWD) is scheduled to be posting its quarterly earnings results after the market closes on Tuesday, April 17th. Analysts expect Woodward to post earnings of $0.81 per share for the quarter. Woodward has set its FY18 guidance at $3.35-3.60 EPS.
Woodward (NASDAQ:WWD) last issued its quarterly earnings results on Monday, January 22nd. The technology company reported $0.53 earnings per share for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.11). Woodward had a net margin of 8.10% and a return on equity of 14.04%. The business had revenue of $470.14 million for the quarter, compared to analysts’ expectations of $472.14 million. During the same quarter in the prior year, the firm posted $0.73 EPS. The business’s quarterly revenue was up 6.2% compared to the same quarter last year. On average, analysts expect Woodward to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.
Shares of WWD stock opened at $74.05 on Monday. Woodward has a 1-year low of $65.22 and a 1-year high of $89.30. The company has a current ratio of 2.77, a quick ratio of 1.35 and a debt-to-equity ratio of 0.42. The firm has a market cap of $4,555.61, a PE ratio of 23.43, a price-to-earnings-growth ratio of 1.70 and a beta of 1.23.
A number of research analysts have recently weighed in on the company. Zacks Investment Research upgraded Woodward from a “hold” rating to a “buy” rating and set a $90.00 price target on the stock in a report on Saturday, January 13th. BidaskClub upgraded Woodward from a “sell” rating to a “hold” rating in a report on Saturday, February 3rd. Wood & Company reiterated a “hold” rating on shares of Woodward in a report on Tuesday, January 23rd. Barrington Research reiterated a “market perform” rating on shares of Woodward in a report on Tuesday, February 6th. Finally, Stephens set a $89.00 price target on Woodward and gave the company a “buy” rating in a report on Monday, March 19th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and four have issued a buy rating to the company. Woodward presently has a consensus rating of “Hold” and an average target price of $80.22.
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Woodward, Inc designs, manufactures, and services energy control and optimization solutions for the aerospace and industrial markets worldwide. Its 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 that are used on commercial and private aircrafts and rotorcrafts, as well as in military fixed-wing aircrafts and rotorcrafts, weapons, and defense systems.
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