Woodward Inc (NASDAQ:WWD) – Equities research analysts at Barrington Research issued their Q1 2018 EPS estimates for Woodward in a research report issued on Wednesday. Barrington Research analyst R. Hokanson expects that the technology company will earn $0.58 per share for the quarter. Barrington Research also issued estimates for Woodward’s Q2 2018 earnings at $0.76 EPS, Q3 2018 earnings at $0.91 EPS, Q4 2018 earnings at $1.11 EPS and FY2019 earnings at $3.91 EPS.

Woodward (NASDAQ:WWD) last posted its earnings results on Wednesday, November 8th. The technology company reported $0.98 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.93 by $0.05. The company had revenue of $606.79 million during the quarter, compared to analysts’ expectations of $596.99 million. Woodward had a net margin of 9.55% and a return on equity of 15.55%. Woodward’s quarterly revenue was up 2.7% compared to the same quarter last year. During the same quarter last year, the company posted $0.99 EPS.

WWD has been the subject of a number of other research reports. Zacks Investment Research cut shares of Woodward from a “hold” rating to a “sell” rating in a research note on Friday, October 27th. BidaskClub upgraded shares of Woodward from a “buy” rating to a “strong-buy” rating in a research note on Friday, September 29th. ValuEngine cut shares of Woodward from a “buy” rating to a “hold” rating in a research note on Wednesday, November 15th. Wood & Company cut shares of Woodward from an “outperform” rating to a “market perform” rating in a research note on Thursday, October 26th. Finally, Cowen restated a “hold” rating and set a $62.00 target price on shares of Woodward in a research note on Thursday, November 9th. Six equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $79.25.

Shares of Woodward (WWD) opened at $80.15 on Thursday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.28 and a current ratio of 2.39. The stock has a market cap of $4,948.50, a PE ratio of 25.36, a PEG ratio of 1.99 and a beta of 1.24. Woodward has a 12 month low of $65.22 and a 12 month high of $84.23.

In related news, Director Mary L. Petrovich sold 5,700 shares of the firm’s stock in a transaction dated Monday, November 13th. The shares were sold at an average price of $79.69, for a total transaction of $454,233.00. Following the transaction, the director now directly owns 27,904 shares of the company’s stock, valued at $2,223,669.76. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 6.17% of the stock is currently owned by company insiders.

A number of hedge funds have recently added to or reduced their stakes in WWD. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in Woodward by 9.5% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,190 shares of the technology company’s stock valued at $148,000 after buying an additional 190 shares during the period. Riverhead Capital Management LLC increased its holdings in Woodward by 63.2% in the 2nd quarter. Riverhead Capital Management LLC now owns 4,897 shares of the technology company’s stock valued at $331,000 after buying an additional 1,897 shares during the period. Teachers Advisors LLC increased its holdings in Woodward by 198.3% in the 2nd quarter. Teachers Advisors LLC now owns 304,107 shares of the technology company’s stock valued at $20,552,000 after buying an additional 202,175 shares during the period. TIAA CREF Investment Management LLC increased its holdings in Woodward by 0.6% in the 2nd quarter. TIAA CREF Investment Management LLC now owns 165,352 shares of the technology company’s stock valued at $11,174,000 after buying an additional 1,046 shares during the period. Finally, Nationwide Fund Advisors increased its holdings in Woodward by 8.3% in the 2nd quarter. Nationwide Fund Advisors now owns 189,396 shares of the technology company’s stock valued at $12,799,000 after buying an additional 14,550 shares during the period. 72.12% of the stock is currently owned by hedge funds and other institutional investors.

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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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