Deeper Dive: Understanding Woodward Inc (WWD) Through its Various Ratios

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The price of Woodward Inc (NASDAQ: WWD) closed at $178.69 in the last session, up 0.83% from day before closing price of $177.22. In other words, the price has increased by $0.83 from its previous closing price. On the day, 0.56 million shares were traded. WWD stock price reached its highest trading level at $178.93 during the session, while it also had its lowest trading level at $177.49.

Ratios:

We take a closer look at WWD’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 34.35 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 33.86. For the most recent quarter (mrq), Quick Ratio is recorded 1.78 and its Current Ratio is at 2.62. In the meantime, Its Debt-to-Equity ratio is 0.35 whereas as Long-Term Debt/Eq ratio is at 0.29.

On January 10, 2024, Goldman Upgraded its rating to Buy which previously was Sell and also upped its target price recommendation from $105 to $153.

On October 11, 2023, UBS started tracking the stock assigning a Buy rating and target price of $152.UBS initiated its Buy rating on October 11, 2023, with a $152 target price.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on May 10 ’24 when Cromwell Thomas G sold 1,899 shares for $179.50 per share. The transaction valued at 340,870 led to the insider holds 11,833 shares of the business.

Cromwell Thomas G sold 3,260 shares of WWD for $585,424 on May 09 ’24. The EVP and COO now owns 11,833 shares after completing the transaction at $179.58 per share. On May 02 ’24, another insider, SENGSTACK GREGG C, who serves as the Director of the company, sold 6,000 shares for $167.01 each. As a result, the insider received 1,002,060 and left with 17,450 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WWD now has a Market Capitalization of 10885758976 and an Enterprise Value of 11388610560. As of this moment, Woodward’s Price-to-Earnings (P/E) ratio for their current fiscal year is 31.21, and their Forward P/E ratio for the next fiscal year is 28.21. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.42. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.40 while its Price-to-Book (P/B) ratio in mrq is 4.66. Its current Enterprise Value per Revenue stands at 3.559 whereas that against EBITDA is 20.146.

Stock Price History:

The Beta on a monthly basis for WWD is 1.36, which has changed by 0.60620224 over the last 52 weeks, in comparison to a change of 0.2644323 over the same period for the S&P500. Over the past 52 weeks, WWD has reached a high of $180.35, while it has fallen to a 52-week low of $105.18. The 50-Day Moving Average of the stock is 15.27%, while the 200-Day Moving Average is calculated to be 30.00%.

Shares Statistics:

According to the various share statistics, WWD traded on average about 443.53K shares per day over the past 3-months and 548090 shares per day over the past 10 days. A total of 59.84M shares are outstanding, with a floating share count of 56.87M. Insiders hold about 6.65% of the company’s shares, while institutions hold 80.63% stake in the company. Shares short for WWD as of 1714435200 were 1433475 with a Short Ratio of 3.23, compared to 1711584000 on 780636. Therefore, it implies a Short% of Shares Outstanding of 1433475 and a Short% of Float of 3.0199999.

Dividends & Splits

The forward annual dividend rate for WWD is 0.91, which was 0.91 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.0051348605The stock’s 5-year Average Dividend Yield is 0.65. The current Payout Ratio is 23.28% for WWD, which recently paid a dividend on 2024-02-16 with an ex-dividend date of 1716249600. Stock splits for the company last occurred on 2008-02-15 when the company split stock in a 2:1 ratio.

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