Woodward Inc (NASDAQ: WWD) is 30.00% higher on its value in year-to-date trading and has touched a low of $126.31 and a high of $188.35 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The WWD stock was last observed hovering at around $172.52 in the last trading session, with the day’s gains setting it 4.45%.
Currently trading at $176.97, the stock is 6.98% and 6.84% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.04 million and changing 2.58% at the moment leaves the stock 9.15% off its SMA200. WWD registered 36.11% gain for a year compared to 6-month loss of -1.27%. The firm has a 50-day simple moving average (SMA 50) of $165.3942 and a 200-day simple moving average (SMA200) of $161.9323.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 9.25% gain in the last 1 month and extending the period to 3 months gives it a 12.78%, and is 7.85% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.70% over the week and 1.83% over the month.
Woodward Inc (WWD) has around 8800 employees, a market worth around $10.56B and $3.25B in sales. Current P/E ratio is 29.57 and Fwd P/E is 30.21. Profit margin for the company is 11.47%. Distance from 52-week low is 40.11% and -6.04% from its 52-week high. The company has generated returns on investments over the last 12 months (13.57%).
The EPS is expected to grow by 41.80% this year
601.0 institutions hold shares in Woodward Inc (WWD), with institutional investors hold 87.57% of the company’s shares. The shares outstanding are 59.84M, and float is at 55.65M with Short Float at 2.17%. Institutions hold 87.25% of the Float.
The top institutional shareholder in the company is AUSTIN PRIVATE WEALTH, LLC with over 20.0 million shares valued at $348.0. The investor’s holdings represent 33.0978 of the WWD Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 5.98 million shares valued at $1.04 billion to account for 9.8908 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 5.81 million shares representing 9.6208 and valued at over $1.01 billion, while EAGLE CAPITAL MANAGEMENT LLC holds 6.7858 of the shares totaling 4.1 million with a market value of $715.04 million.
Woodward Inc (WWD) Insider Activity
Woodward Inc disclosed in a document filed with the SEC on May 09 ’24 that Cromwell Thomas G (EVP and COO) sold a total of 3,260 shares of the company’s common stock. The trade occurred on May 09 ’24 and was made at $179.58 per share for $0.59 million. Following the transaction, the insider now directly holds 11833.0 shares of the WWD stock.
Still, SEC filings show that on May 10 ’24, Cromwell Thomas G (EVP and COO) disposed off 1,899 shares at an average price of $179.50 for $0.34 million. The insider now directly holds 11,833 shares of Woodward Inc (WWD).
