Woodward Inc (NASDAQ:WWD) shares, rose in value, with the stock price up by 0.56% to the previous day’s close as strong demand from buyers drove the stock to $150.58.
Actively observing the price movement in the last trading, the stock closed the session at $149.74. The PE ratio was 31.76 over 12-month period. Referring to stock’s 52-week performance, its high was $160.79, and the low was $91.42. On the whole, WWD has fluctuated by -3.03% over the past month.
The company’s Forward Dividend Ratio is 0.91, with its dividend yield at 0.60%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 3.24B, with a low estimate of 788M and a high estimate of 827.72M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 807M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that WWD’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 1.61, with the price of WWD currently trading nearly -0.36% and 2.32% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 53.43, while the 7-day volatility ratio is showing 2.11% which for the 30-day chart, stands at 2.41%. Furthermore, Woodward Inc (WWD)’s beta value is 1.33, and its average true range (ATR) is 3.40.
A comparison of Woodward Inc (WWD) with its peers suggests the former has fared considerably weaker in the market. WWD showed an intraday change of 0.56% in last session, and over the past year, it grew by 64.07%%.
Data on historical trading for Woodward Inc (NASDAQ:WWD) indicates that the trading volumes over the past 3 months, they’ve averaged 389.84K. According to company’s latest data on outstanding shares, there are 59.84 million shares outstanding.
Nearly 6.65% of Woodward Inc’s shares belong to company insiders and institutional investors own 81.44% of the company’s shares. The stock has risen by 10.61% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the WWD stock heading into the next quarter.
