Woodward, Inc.Common Stock (NASDAQ:WWD) is scheduled to issue its quarterly earnings data after the market closes on Wednesday, November 7th. Analysts expect the company to announce earnings of $1.31 per share for the quarter.
Shares of WWD stock opened at $77.26 on Tuesday. The company has a debt-to-equity ratio of 0.83, a current ratio of 2.11 and a quick ratio of 1.01. The stock has a market capitalization of $4.75 billion, a P/E ratio of 24.45, a PEG ratio of 1.38 and a beta of 1.32. Woodward, Inc.Common Stock has a 12 month low of $68.56 and a 12 month high of $89.30.
The business also recently announced a quarterly dividend, which will be paid on Tuesday, November 27th. Stockholders of record on Tuesday, November 13th will be given a dividend of $0.1425 per share. This is a positive change from Woodward, Inc.Common Stock’s previous quarterly dividend of $0.14. This represents a $0.57 annualized dividend and a dividend yield of 0.74%. The ex-dividend date of this dividend is Friday, November 9th. Woodward, Inc.Common Stock’s payout ratio is presently 18.04%.
In related news, insider Chad Robert Preiss sold 4,812 shares of the business’s stock in a transaction that occurred on Thursday, August 9th. The stock was sold at an average price of $80.79, for a total value of $388,761.48. Following the completion of the transaction, the insider now directly owns 21,812 shares in the company, valued at approximately $1,762,191.48. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Christopher Fawzy sold 6,000 shares of the business’s stock in a transaction that occurred on Thursday, August 30th. The shares were sold at an average price of $80.55, for a total value of $483,300.00. Following the completion of the transaction, the vice president now owns 9,506 shares of the company’s stock, valued at $765,708.30. The disclosure for this sale can be found here. Insiders have sold a total of 34,612 shares of company stock valued at $2,766,704 over the last 90 days. Corporate insiders own 6.17% of the company’s stock.
Several equities analysts have recently issued reports on the company. BidaskClub lowered Woodward, Inc.Common Stock from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 4th. Barrington Research restated a “hold” rating on shares of Woodward, Inc.Common Stock in a research report on Friday, July 13th. Wood & Company restated a “hold” rating on shares of Woodward, Inc.Common Stock in a research report on Monday, July 30th. ValuEngine upgraded Woodward, Inc.Common Stock from a “hold” rating to a “buy” rating in a research report on Thursday, July 12th. Finally, Zacks Investment Research upgraded Woodward, Inc.Common Stock from a “sell” rating to a “hold” rating and set a $91.00 target price for the company in a research report on Monday, July 23rd. Eight research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $82.43.
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About Woodward, Inc.Common Stock
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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