Somewhat Positive Press Coverage Somewhat Unlikely to Impact Woodward (WWD) Share Price
News headlines about Woodward (NASDAQ:WWD) have trended somewhat positive this week, according to Accern. The research firm identifies negative and positive media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Woodward earned a news impact score of 0.19 on Accern’s scale. Accern also assigned media headlines about the technology company an impact score of 46.7078708658222 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the media headlines that may have effected Accern’s scoring:
- Woodward, Inc. (WWD) Expected to Post Earnings of $0.60 Per Share (americanbankingnews.com)
- Woodward, Inc. to Post FY2020 Earnings of $5.02 Per Share, SunTrust Banks Forecasts (WWD) (americanbankingnews.com)
- Woodward (WWD) and Edwards Group (EVAC) Financial Analysis (americanbankingnews.com)
- Equities Analysts Issue Forecasts for Woodward, Inc.’s Q4 2018 Earnings (WWD) (americanbankingnews.com)
- BRIEF-Woodward Inc Says CEO Thomas Gendron’s FY 2017 Total Compensation Was $7.3 Million (feeds.reuters.com)
Woodward (WWD) traded up $0.78 during trading on Friday, hitting $77.01. The company had a trading volume of 874,236 shares, compared to its average volume of 282,639. 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 $82.94. The stock has a market capitalization of $4,770.00, a P/E ratio of 24.22, a PEG ratio of 1.87 and a beta of 1.23.
Woodward (NASDAQ:WWD) last posted its quarterly earnings results on Wednesday, November 8th. The technology company reported $0.98 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.93 by $0.05. Woodward had a return on equity of 15.55% and a net margin of 9.55%. The firm had revenue of $606.79 million for the quarter, compared to the consensus estimate of $596.99 million. During the same period in the previous year, the business earned $0.99 earnings per share. The company’s revenue for the quarter was up 2.7% compared to the same quarter last year. research analysts expect that Woodward will post 3.4 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Monday, November 27th. Investors of record on Monday, November 13th were paid a $0.125 dividend. The ex-dividend date was Friday, November 10th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 0.65%. Woodward’s dividend payout ratio (DPR) is presently 15.82%.
A number of research analysts have recently issued reports on the company. Zacks Investment Research lowered Woodward from a “hold” rating to a “sell” rating in a report on Friday, October 27th. Cowen reissued a “hold” rating and issued a $62.00 target price on shares of Woodward in a report on Sunday, December 10th. Wood & Company lowered Woodward from an “outperform” rating to a “market perform” rating in a report on Thursday, October 26th. BidaskClub raised Woodward from a “strong sell” rating to a “sell” rating in a report on Friday, September 1st. Finally, SunTrust Banks boosted their target price on Woodward to $77.00 and gave the company a “hold” rating in a report on Thursday, November 9th. One analyst has rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $77.71.
In related news, Director Mary L. Petrovich sold 5,700 shares of Woodward stock in a transaction that occurred on Monday, November 13th. The stock was sold at an average price of $79.69, for a total value of $454,233.00. Following the sale, the director now directly owns 27,904 shares in the company, valued at $2,223,669.76. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 5.93% of the stock is owned by insiders.
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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