Woodward, Inc. designs, manufactures, and services control solutions for the aerospace and industrial markets worldwide. More Details
Adequate balance sheet and slightly overvalued.
Share Price & News
How has Woodward's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: WWD has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: WWD underperformed the US Machinery industry which returned 13.7% over the past year.
Return vs Market: WWD underperformed the US Market which returned 18.5% over the past year.
Price Volatility Vs. Market
How volatile is Woodward's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StThe Woodward (NASDAQ:WWD) Share Price Has Gained 65% And Shareholders Are Hoping For More
3 months ago | Simply Wall StIs Woodward (NASDAQ:WWD) Using Too Much Debt?
6 months ago | Simply Wall StSome Woodward (NASDAQ:WWD) Shareholders Are Down 31%
Is Woodward undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: WWD ($84.21) is trading below our estimate of fair value ($95.68)
Significantly Below Fair Value: WWD is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: WWD is good value based on its PE Ratio (20.9x) compared to the US Machinery industry average (25.7x).
PE vs Market: WWD is poor value based on its PE Ratio (20.9x) compared to the US market (19x).
Price to Earnings Growth Ratio
PEG Ratio: WWD is poor value based on its PEG Ratio (1.9x)
Price to Book Ratio
PB vs Industry: WWD is overvalued based on its PB Ratio (2.7x) compared to the US Machinery industry average (2.4x).
How is Woodward forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: WWD's forecast earnings growth (11.1% per year) is above the savings rate (2.2%).
Earnings vs Market: WWD's earnings (11.1% per year) are forecast to grow slower than the US market (22.2% per year).
High Growth Earnings: WWD's earnings are forecast to grow, but not significantly.
Revenue vs Market: WWD's revenue (0.8% per year) is forecast to grow slower than the US market (10.1% per year).
High Growth Revenue: WWD's revenue (0.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: WWD's Return on Equity is forecast to be low in 3 years time (10.9%).
How has Woodward performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WWD has high quality earnings.
Growing Profit Margin: WWD's current net profit margins (9.3%) are lower than last year (9.3%).
Past Earnings Growth Analysis
Earnings Trend: WWD's earnings have grown by 9.8% per year over the past 5 years.
Accelerating Growth: WWD's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: WWD had negative earnings growth (-6.5%) over the past year, making it difficult to compare to the Machinery industry average (-13.1%).
Return on Equity
High ROE: WWD's Return on Equity (13.1%) is considered low.
How is Woodward's financial position?
Financial Position Analysis
Short Term Liabilities: WWD's short term assets ($1.2B) exceed its short term liabilities ($535.6M).
Long Term Liabilities: WWD's short term assets ($1.2B) do not cover its long term liabilities ($1.5B).
Debt to Equity History and Analysis
Debt Level: WWD's debt to equity ratio (48.5%) is considered high.
Reducing Debt: WWD's debt to equity ratio has reduced from 77.8% to 48.5% over the past 5 years.
Debt Coverage: WWD's debt is well covered by operating cash flow (41.4%).
Interest Coverage: WWD's interest payments on its debt are well covered by EBIT (11.4x coverage).
What is Woodward current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: WWD's dividend (0.39%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.64%).
High Dividend: WWD's dividend (0.39%) is low compared to the top 25% of dividend payers in the US market (4.68%).
Stability and Growth of Payments
Stable Dividend: WWD is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: WWD is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: WWD is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of WWD's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Tom Gendron (59 yo)
Mr. Thomas A. Gendron, also known as Tom, has been the President and Chief Executive Officer of Woodward, Inc. since July 1, 2005 and September 2002 respectively. Previously, Mr. Gendron served as Chief Op ...
CEO Compensation Analysis
Compensation vs Market: Tom's total compensation ($USD6.04M) is about average for companies of similar size in the US market ($USD7.32M).
Compensation vs Earnings: Tom's compensation has been consistent with company performance over the past year.
|Vice Chairman & CFO||0.50yr||US$2.21m||0.049% |
|Vice Chairman & COO||1.67yrs||US$2.91m||0.0074% |
|Business Unit President of Fuel Systems & Controls||9.33yrs||US$1.70m||0.020% |
|Corporate Vice President of Technology||4yrs||no data||no data|
|VP of Investor Relations & Treasurer||no data||no data||no data|
|Corporate VP||11.17yrs||US$1.30m||0.010% |
|Corporate Vice President of Human Resources||1.08yrs||no data||no data|
|Business Unit President of Engine & Turbine Controls||3.92yrs||US$1.35m||0.064% |
Experienced Management: WWD's management team is considered experienced (4 years average tenure).
|Independent Director||9.08yrs||US$261.23k||0.038% |
|Independent Lead Director||2.92yrs||US$263.73k||0.032% |
|Independent Director||20.75yrs||US$251.23k||0.0020% |
|Independent Director||18.5yrs||US$257.23k||0.0048% |
|Independent Director||18.25yrs||US$257.23k||0.012% |
|Independent Director||3.67yrs||US$251.23k||0% |
|Independent Director||12.5yrs||US$251.23k||0.026% |
|Independent Director||3.67yrs||US$251.23k||0% |
Experienced Board: WWD's board of directors are seasoned and experienced ( 12.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Woodward, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Woodward, Inc.
- Ticker: WWD
- Exchange: NasdaqGS
- Founded: 1870
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: US$5.253b
- Shares outstanding: 62.38m
- Website: https://www.woodward.com
Number of Employees
- Woodward, Inc.
- 1081 Woodward Way
- Fort Collins
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|WWD||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Dec 1972|
|WW1||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Dec 1972|
Woodward, Inc. designs, manufactures, and services control solutions for the aerospace and industrial markets worldwide. The company operates in two segments, Aerospace and Industrial. The Aerospace segmen ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/21 00:19|
|End of Day Share Price||2020/10/20 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.