Stock To Watch: Woodward, Inc. (NASDAQ:WWD)


The leading market experts have placed a mean price target of $61.80 on Woodward, Inc. (NASDAQ:WWD) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.63 a share for the upcoming quarter and $2.76 for the current fiscal.

Technical View

The technical analysis of Woodward, Inc. plainly substantiates that the 50-day moving average of Woodward, Inc. is $59.96, and stock is trading $2.97 points away or +4.95% from its 50-day moving average of $59.96. Further it is trading $7.37 or +13.27% away its 200-day moving average of $55.56. Woodward, Inc. (NASDAQ:WWD) 52-week high is $63.98 and the 52-week low is $39.68.

This explains if the stock moves $-1.05, it will post a 52-week high. In event of +58.59% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Woodward, Inc., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Woodward, Inc. (NASDAQ:WWD) ratio came in at 23.98.

The stock last ended the trading session at $62.93 and registered a market cap of $3.87B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Woodward, Inc. (NASDAQ:WWD) PEG ratio is at 2.18.

1 Chart Pattern Every Investor Should Know

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