Currently, there are 59.13M common shares owned by the public and among those 55.39M shares have been available to trade.
The company’s stock has a 5-day price change of 6.04% and 14.18% over the past three months. WWD shares are trading 13.64% year to date (YTD), with the 12-month market performance up to 39.71% higher. It has a 12-month low price of $133.56 and touched a high of $201.64 over the same period. WWD has an average intraday trading volume of 452.41K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 7.81%, 7.40%, and 11.29% respectively.
Institutional ownership of Woodward Inc (NASDAQ: WWD) shares accounts for 88.68% of the company’s 59.13M shares outstanding.
It has a market capitalization of $11.23B and a beta (3y monthly) value of 1.39. The stock’s trailing 12-month PE ratio is 31.47, while the earnings-per-share (ttm) stands at $6.01. The company has a PEG of 2.31 and a Quick Ratio of 1.23 with the debt-to-equity ratio at 0.41. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.24% over the week and 2.29% over the month.
Earnings per share for the fiscal year are expected to decrease by -0.64%, and 20.46% over the next financial year. EPS should grow at an annualized rate of 13.60% over the next five years, compared to 8.34% over the past 5-year period.
Looking at the support for the WWD, a number of firms have released research notes about the stock. TD Cowen stated their Hold rating for the stock in a research note on October 04, 2024, with the firm’s price target at $186-$160. Truist coverage for the Woodward Inc (WWD) stock in a research note released on August 21, 2024 offered a Buy rating with a price target of $187. Jefferies was of a view on July 31, 2024 that the stock is Buy, while Deutsche Bank gave the stock Hold rating on July 31, 2024, issuing a price target of $197- $158. Alembic Global Advisors on their part issued Neutral rating on February 01, 2024.
