WWD Stock Overview
Woodward, Inc. designs, manufactures, and services control solutions for the aerospace and industrial markets worldwide.
WWD passed our risk checks.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$103.07|
|52 Week High||US$129.12|
|52 Week Low||US$87.44|
|1 Month Change||15.54%|
|3 Month Change||3.15%|
|1 Year Change||-11.72%|
|3 Year Change||-3.17%|
|5 Year Change||51.89%|
|Change since IPO||2,618.33%|
Recent News & Updates
|WWD||US Aerospace & Defense||US Market|
Return vs Industry: WWD underperformed the US Aerospace & Defense industry which returned 9.1% over the past year.
Return vs Market: WWD underperformed the US Market which returned -10.1% over the past year.
|WWD Average Weekly Movement||5.2%|
|Aerospace & Defense Industry Average Movement||6.7%|
|Market Average Movement||7.7%|
|10% most volatile stocks in US Market||16.9%|
|10% least volatile stocks in US Market||3.2%|
Stable Share Price: WWD is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: WWD's weekly volatility (5%) has been stable over the past year.
About the Company
Woodward, Inc. designs, manufactures, and services control solutions for the aerospace and industrial markets worldwide. The company operates through two segments: Aerospace and Industrial. The Aerospace segment provides fuel pumps, metering units, actuators, air valves, specialty valves, fuel nozzles, and thrust reverser actuation systems for turbine engines and nacelles, and flight deck controls, actuators, servocontrols, motors, and sensors for aircraft.
Woodward Fundamentals Summary
|WWD fundamental statistics|
Is WWD overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|WWD income statement (TTM)|
|Cost of Revenue||US$1.79b|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||2.79|
|Net Profit Margin||7.24%|
How did WWD perform over the long term?See historical performance and comparison
0.7%Current Dividend Yield
Is WWD undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 2/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for WWD?
Other financial metrics that can be useful for relative valuation.
|What is WWD's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does WWD's PE Ratio compare to its peers?
|WWD PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
BWXT BWX Technologies
Price-To-Earnings vs Peers: WWD is expensive based on its Price-To-Earnings Ratio (37x) compared to the peer average (37x).
Price to Earnings Ratio vs Industry
How does WWD's PE Ratio compare vs other companies in the US Aerospace & Defense Industry?
Price-To-Earnings vs Industry: WWD is expensive based on its Price-To-Earnings Ratio (37x) compared to the US Aerospace & Defense industry average (22.4x)
Price to Earnings Ratio vs Fair Ratio
What is WWD's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||37x|
|Fair PE Ratio||28.3x|
Price-To-Earnings vs Fair Ratio: WWD is expensive based on its Price-To-Earnings Ratio (37x) compared to the estimated Fair Price-To-Earnings Ratio (28.3x).
Share Price vs Fair Value
What is the Fair Price of WWD when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: WWD ($103.07) is trading below our estimate of fair value ($222.7)
Significantly Below Fair Value: WWD is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is lower than the current share price.
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How is Woodward forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Future Growth Score4/6
Future Growth Score 4/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: WWD's forecast earnings growth (28% per year) is above the savings rate (1.9%).
Earnings vs Market: WWD's earnings (28% per year) are forecast to grow faster than the US market (14.4% per year).
High Growth Earnings: WWD's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: WWD's revenue (8.3% per year) is forecast to grow faster than the US market (7.9% per year).
High Growth Revenue: WWD's revenue (8.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if WWD's Return on Equity is forecast to be high in 3 years time
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How has Woodward performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WWD has high quality earnings.
Growing Profit Margin: WWD's current net profit margins (7.2%) are lower than last year (9.8%).
Past Earnings Growth Analysis
Earnings Trend: WWD's earnings have grown by 0.8% 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 (-22.4%) over the past year, making it difficult to compare to the Aerospace & Defense industry average (24.8%).
Return on Equity
High ROE: WWD's Return on Equity (8.8%) is considered low.
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How is Woodward's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: WWD's short term assets ($1.3B) exceed its short term liabilities ($424.5M).
Long Term Liabilities: WWD's short term assets ($1.3B) do not cover its long term liabilities ($1.4B).
Debt to Equity History and Analysis
Debt Level: WWD's net debt to equity ratio (34.8%) is considered satisfactory.
Reducing Debt: WWD's debt to equity ratio has reduced from 52.7% to 40% over the past 5 years.
Debt Coverage: WWD's debt is well covered by operating cash flow (30.4%).
Interest Coverage: WWD's interest payments on its debt are well covered by EBIT (9.1x coverage).
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What is Woodward current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: WWD's dividend (0.74%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.47%).
High Dividend: WWD's dividend (0.74%) is low compared to the top 25% of dividend payers in the US market (3.96%).
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.
Earnings Payout to Shareholders
Earnings Coverage: WWD is not paying a notable dividend for the US market.
Cash Payout to Shareholders
Cash Flow Coverage: WWD is not paying a notable dividend for the US market.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Charles P. Blankenship, Jr., also known as Chip, serves as Chief Executive Officer, President and Chairman at Woodward, Inc. since May 9, 2022. He served as Chief Executive Officer and Director of Arco...
Experienced Management: WWD's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
Experienced Board: WWD's board of directors are considered experienced (8.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: WWD 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 employee growth, exchange listings and data sources
- Name: Woodward, Inc.
- Ticker: WWD
- Exchange: NasdaqGS
- Founded: 1870
- Industry: Aerospace and Defense
- Sector: Capital Goods
- Implied Market Cap: US$6.201b
- Shares outstanding: 60.16m
- Website: https://www.woodward.com
Number of Employees
- Woodward, Inc.
- 1081 Woodward Way
- Fort Collins
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/13 00:00|
|End of Day Share Price||2022/08/12 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.