Woodward stock: buy or sell?

WWD stock price: $117.92 -1.30% At close on February 14th, 2020

Updated on:
February 14th, 2020

3

Woodward shares slightly fell -1.30% to $117.92 on February 14th.

Woodward, Inc. designs, manufactures, and services energy control and optimization solutions for the aerospace and industrial markets worldwide.

Should I buy Woodward stock?

You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. Having a trading plan helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

Currently, Woodward stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is Woodward stock a buy?

Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness. Unfortunately, we couldn't detect any rating for WWD stock for the last 30 days.

Woodward stock analysis

Daily outlook

Woodward slightly fell a rough -1.30% and closed at $117.92.

Shares of Woodward slightly fell a rough -1.30% and closed at $117.92. WWD is soaring again after a 2.98% correction from its last top on Monday at $119.28. On Jan 13th, WWD hit a new all time high, pushing higher than on December tops. Check different trading setups that use ATHs as triggers. Since SMA50d and SMA100d crossed up on December, WWD price climbed $1.40 per share (1.20%). Since price and SMA100d lines crossed up on November, WWD climbed $9.15 (8.41%).

WWD stock chart (daily)

Weekly outlook

Woodward shares depreciated -0.54% this week, ending at $117.92.

Price pattern shows an uptrend with two rising tops and bottoms, and now trading upwards to the $128.76 resistance. Not so far away is the last price record Woodward marked by mid January. Since late November 2019 when SMA10w and SMA20w crossed up, WWD price gained $6.18 per share (5.53%). Since early November 2019 when WWD stock price broke up the SMA20w line, it gained $9.35 (8.61%).

WWD stock chart (weekly)

Woodward stock price history

Woodward IPO was on April 4th, 1994 at $1.12 per share1. Since then, WWD stock grew a 10,428.60%, with an average of 417.10% per year. If you had invested right after WWD's IPO a $1,000 in Woodward stock in 1994, it would worth $104,286.00 today.

1: Adjusted price after possible price splits or reverse-splits.

Woodward stock historical price chart

WWD stock reached all-time highs on Jan 13th with a price of $128.76.

Woodward stock price target

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. You should not follow the analysts' WWD stock price predictions in the hope that they will be met as they may be wrong and not met. For the last month we have not found any price target for Woodward stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

Since last April, when Woodward posted its last earnings report, it . As soon as we get its actual EPS from the earnings report, we will extend this review.
WWD earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a0.85n/a
2017-Q32017-11-080.920.986.5%
2017-Q42018-01-220.620.29-53.2%
2018-Q12018-04-230.790.823.8%
2018-Q22018-07-301.031.128.7%
2018-Q32018-11-071.311.396.1%
2018-Q42019-01-280.740.9629.7%
2019-Q12019-04-221.05n/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

Compared to 2017, last anual revenues report draw a phenomenal increase of 10.82% to $2,325.87 M dollars. When comparing 2018 vs 2017, instead, profit margin (that is, the net income divided by revenues) depreciated a -1.80% to 7.76%.

To have an updated picture of the financial situation of Woodward, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2019-Q1 that can be compared to 2018 fiscal year results. Annual Woodward TTM sales up to March 2019 were $2,719.13 and earnings were $250.33 M USD. When comparing this TTM figures with the last reported annuality, we can esteem Woodward business evolution since September 2018: Annual revenues up to March, compared to lastest yearly report, skyrocketed a dazzling 16.91%. Regarding profit margin, Woodward raised 1.45% to 7.76%

WWD annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$1,940 M-$146 M7.5%-
2014$2,001 M3.16%$166 M8.3%13.64%
2015$2,038 M1.85%$181 M8.9%9.41%
2016$2,023 M-0.75%$181 M8.9%-0.34%
2017$2,099 M3.74%$201 M9.6%10.88%
2018$2,326 M10.82%$180 M7.8%-10.04%
TTM $2,719 M16.91%$250 M9.2%38.78%

Quarterly financial results

Woodward posted $758.84 M in revenues for 2019-Q1, a 16.24% improvement compared to previous quarter. Reported quarter earnings marked $77.58 million with a profit margin of 10.22%. Profit margin raised a 2.70% compared to previous quarter when profit margin was 7.52%. When comparing revenues to same quarter last year, Woodward sales marked an extraordinary growth and boosted a 38.41%.
WWD quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$549 M-$54 M9.8%-
2017-Q3$607 M10.60%$62 M10.3%16.03%
2017-Q4$470 M-22.52%$18 M3.9%-70.66%
2018-Q1$548 M16.61%$38 M7.0%110.78%
2018-Q2$588 M7.27%$49 M8.4%27.61%
2018-Q3$719 M22.32%$75 M10.4%51.70%
2018-Q4$653 M-9.25%$49 M7.5%-34.08%
2019-Q1$759 M16.24%$78 M10.2%57.94%

Woodward ownership

When you are planning to invest in shares of a stock, it's always worth to have a look its ownership structure.

Woodward shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 7.50% of all shares.

In case of Woodward stock, 78.01% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for WWD stock account 0.00%, no big difference from last month.

For a better context understanding, the next table shows ownership data compared to other related stocks:

WWD
Market cap$7.3 B
Total shares62.2 M
Float shares57.5 M
  - Institutional holdings (%)78.0%
  - Insider holdings (%)7.5%
Shares in short selling0.0%

Woodward summary

Friday, February 14th, 2020
Open$119.48
Close$117.92
Day range$117.61 - $120.20
Previous close$119.47
Session gain-1.30%
Average true range$2.43
50d mov avg$119.97
100d mov avg$114.60
200d mov avg$112.30
Daily patternlb01a
Weekly pattern lb02a

Woodward performance

To better understand Woodward performance you must becnhmark its gains with other related stocks in same sector or industry. We compared Woodward against in the following table:
Stock3m6m12m
WWDWoodward3.01%11.37%24.84%

Woodward competitors

Unfortunately, we could not find any public company that could be defined as Woodward competitor. This doesn't mean Woodward does not have any competitor in the market, it's just we could not detected it.