Woodward, Inc. (NASDAQ:WWD) is scheduled to be issuing its quarterly earnings data after the market closes on Monday, July 24th. Analysts expect the company to announce earnings of $0.76 per share for the quarter. Woodward has set its FY17 guidance at $2.95-3.25 EPS.

Woodward (NASDAQ:WWD) last released its quarterly earnings data on Wednesday, April 19th. The technology company reported $0.60 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.66 by $0.06. The company had revenue of $500.40 million for the quarter, compared to analyst estimates of $498.56 million. Woodward had a return on equity of 16.41% and a net margin of 9.74%. Woodward’s revenue for the quarter was up 4.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.65 earnings per share. On average, analysts expect Woodward to post $3.1 EPS for the current fiscal year and $3.62 EPS for the next fiscal year.

Woodward, Inc. (NASDAQ:WWD) opened at 69.56 on Monday. The company’s 50-day moving average is $68.38 and its 200-day moving average is $68.82. The firm has a market capitalization of $4.26 billion, a PE ratio of 22.21 and a beta of 1.20. Woodward, Inc. has a 52-week low of $57.02 and a 52-week high of $72.28.

A number of equities research analysts have recently weighed in on the stock. CL King assumed coverage on shares of Woodward in a report on Thursday, June 22nd. They issued a “buy” rating and a $79.00 price objective for the company. Oppenheimer Holdings, Inc. assumed coverage on shares of Woodward in a report on Friday. They issued an “outperform” rating and a $82.00 price objective for the company. Zacks Investment Research upgraded shares of Woodward from a “sell” rating to a “hold” rating in a report on Tuesday, June 20th. Cowen and Company restated a “market perform” rating and issued a $62.00 price objective (up from $58.00) on shares of Woodward in a report on Friday, April 21st. Finally, BidaskClub lowered shares of Woodward from a “buy” rating to a “hold” rating in a report on Tuesday, June 20th. Six analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $74.11.

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In other Woodward news, Director Mary L. Petrovich bought 7,300 shares of the company’s stock in a transaction dated Thursday, April 27th. The shares were purchased at an average price of $68.35 per share, for a total transaction of $498,955.00. Following the acquisition, the director now owns 22,204 shares in the company, valued at approximately $1,517,643.40. The purchase was disclosed in a filing with the SEC, which is available at this link. Also, CFO Robert F. Weber, Jr. sold 7,500 shares of the business’s stock in a transaction on Wednesday, May 17th. The shares were sold at an average price of $66.49, for a total transaction of $498,675.00. Following the sale, the chief financial officer now owns 34,053 shares in the company, valued at approximately $2,264,183.97. The disclosure for this sale can be found here. 5.93% of the stock is currently 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.

Earnings History for Woodward (NASDAQ:WWD)

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