The Short-term Rise and Fall of Woodward Inc (WWD) Stock

Woodward Inc [WWD] stock is trading at $153.95, up 0.74%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The WWD shares have gain 1.46% over the last week, with a monthly amount drifted -10.93%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Woodward Inc [NASDAQ: WWD] stock has seen the most recent analyst activity on July 31, 2024, when Jefferies upgraded its rating to a Buy and also boosted its price target to $190 from $170. Previously, Deutsche Bank downgraded its rating to Hold on July 31, 2024, and dropped its price target to $158. On February 01, 2024, downgrade downgraded it’s rating to Neutral but maintained its price target of $148 on the stock. Goldman upgraded its rating to a Buy and increased its price target to $153 on January 10, 2024. UBS initiated its recommendation with a Buy and recommended $152 as its price target on October 11, 2023. Deutsche Bank started tracking with a Buy rating for this stock on September 28, 2023, and assigned it a price target of $152. In a note dated September 05, 2023, TD Cowen upgraded an Outperform rating on this stock and boosted its target price from $135 to $160.

Woodward Inc [WWD] stock has fluctuated between $119.03 and $188.35 over the past year. Currently, Wall Street analysts expect the stock to reach $159.8 within the next 12 months. Woodward Inc [NASDAQ: WWD] shares were valued at $153.95 at the most recent close of the market. An investor can expect a potential return of 3.8% based on the average WWD price forecast.

Analyzing the WWD fundamentals

Woodward Inc [NASDAQ:WWD] reported sales of 3.25B for the trailing twelve months, which represents a growth of 5.87%. Gross Profit Margin for this corporation currently stands at 0.26% with Operating Profit Margin at 0.13%, Pretax Profit Margin comes in at 0.14%, and Net Profit Margin reading is 0.11%. To continue investigating profitability, this company’s Return on Assets is posted at 0.09, Equity is 0.17 and Total Capital is 0.12. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.43.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 152.64 points at the first support level, and at 151.33 for the second support level. However, for the 1st resistance point, the stock is sitting at 155.68, and for the 2nd resistance point, it is at 157.41.

Ratios To Look Out For

For context, Woodward Inc’s Current Ratio is 1.96. Further, the Quick Ratio stands at 1.29, while the Cash Ratio is 0.34. Considering the valuation of this stock, the price to sales ratio is 2.83, the price to book ratio is 4.25 and price to earnings (TTM) ratio is 25.72.

Transactions by insiders

Recent insider trading involved Cromwell Thomas G, EVP and COO, that happened on May 10 ’24 when 1899.0 shares were sold. EVP and COO, Cromwell Thomas G completed a deal on May 09 ’24 to sell 3260.0 shares. Meanwhile, Director SENGSTACK GREGG C sold 6000.0 shares on May 02 ’24.

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