Equities analysts predict that Woodward Inc (NASDAQ:WWD) will post $0.80 earnings per share for the current quarter, Zacks reports. Four analysts have made estimates for Woodward’s earnings. The highest EPS estimate is $0.83 and the lowest is $0.76. Woodward posted earnings of $0.60 per share in the same quarter last year, which indicates a positive year over year growth rate of 33.3%. The business is scheduled to report its next quarterly earnings results on Wednesday, April 18th.
According to Zacks, analysts expect that Woodward will report full-year earnings of $3.40 per share for the current fiscal year, with EPS estimates ranging from $3.35 to $3.46. For the next year, analysts forecast that the firm will report earnings of $4.22 per share, with EPS estimates ranging from $4.06 to $4.53. Zacks Investment Research’s earnings per share calculations are an average based on a survey of research firms that follow Woodward.
Woodward (NASDAQ:WWD) last released its quarterly earnings data on Monday, January 22nd. The technology company reported $0.53 EPS 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 during the quarter, compared to analysts’ expectations of $472.14 million. During the same quarter in the previous year, the company posted $0.73 EPS. The company’s revenue was up 6.2% compared to the same quarter last year.
A number of institutional investors have recently bought and sold shares of WWD. Advisor Group Inc. lifted its position in Woodward by 9.8% during the 2nd quarter. Advisor Group Inc. now owns 1,654 shares of the technology company’s stock worth $112,000 after acquiring an additional 147 shares during the period. Wesbanco Bank Inc. acquired a new stake in Woodward during the 3rd quarter worth approximately $203,000. Public Employees Retirement System of Ohio lifted its position in Woodward by 5.8% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 3,115 shares of the technology company’s stock worth $211,000 after acquiring an additional 171 shares during the period. McCollum Christoferson Group LLC acquired a new stake in Woodward during the 4th quarter worth approximately $214,000. Finally, CAPROCK Group Inc. acquired a new stake in Woodward during the 3rd quarter worth approximately $222,000. 71.29% of the stock is owned by institutional investors.
Woodward (WWD) traded up $1.05 on Monday, hitting $73.92. The stock had a trading volume of 730,800 shares, compared to its average volume of 975,273. Woodward has a fifty-two week low of $65.22 and a fifty-two week high of $89.30. The stock has a market cap of $4,529.26, a P/E ratio of 27.18, a P/E/G ratio of 1.81 and a beta of 1.23. 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 company also recently announced a quarterly dividend, which will be paid on Tuesday, March 6th. Investors of record on Tuesday, February 20th will be given a $0.1425 dividend. The ex-dividend date of this dividend is Friday, February 16th. This is a boost from Woodward’s previous quarterly dividend of $0.13. This represents a $0.57 dividend on an annualized basis and a dividend yield of 0.77%. Woodward’s dividend payout ratio is 18.38%.
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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