Woodward Inc (NASDAQ:WWD) declared a quarterly dividend on Friday, January 26th, Wall Street Journal reports. Stockholders of record on Tuesday, February 20th will be given a dividend of 0.1425 per share by the technology company on Tuesday, March 6th. This represents a $0.57 annualized dividend and a dividend yield of 0.77%. The ex-dividend date of this dividend is Friday, February 16th. This is a positive change from Woodward’s previous quarterly dividend of $0.13.
Woodward (WWD) traded up $1.19 during trading on Friday, reaching $73.92. The company had a trading volume of 730,828 shares, compared to its average volume of 1,354,322. The stock has a market capitalization of $4,529.23, a PE ratio of 24.97, a PEG ratio of 1.81 and a beta of 1.23. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.35 and a current ratio of 2.77. Woodward has a 12 month low of $65.22 and a 12 month high of $89.30.
Woodward (NASDAQ:WWD) last posted 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 firm had revenue of $470.14 million for the quarter, compared to analysts’ expectations of $472.14 million. During the same quarter last year, the company posted $0.73 EPS. The firm’s revenue was up 6.2% compared to the same quarter last year. equities research analysts anticipate that Woodward will post 3.4 EPS for the current fiscal year.
Several analysts have issued reports on the company. Oppenheimer reissued a “market perform” rating and set a $82.00 price target on shares of Woodward in a report on Thursday, October 26th. Barrington Research reissued a “market perform” rating on shares of Woodward in a report on Tuesday, February 6th. BidaskClub lowered Woodward from a “hold” rating to a “sell” rating in a report on Thursday, January 25th. Wood & Company reissued a “hold” rating on shares of Woodward in a report on Tuesday, January 23rd. Finally, SunTrust Banks upped their price objective on Woodward to $77.00 and gave the stock a “hold” rating in a research note on Thursday, November 9th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the company’s stock. Woodward presently has a consensus rating of “Hold” and an average price target of $79.25.
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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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