Barrington Reiterates a Buy Rating on Woodward (WWD)


Barrington analyst Christopher Howe reiterated a Buy rating on Woodward (WWD) today and set a price target of $96. The company’s shares opened today at $85.

Howe has an average return of 0.2% when recommending Woodward.

According to TipRanks.com, Howe is ranked #4689 out of 5126 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Woodward with a $90.60 average price target, which is a 6.6% upside from current levels. In a report released today, SunTrust Robinson also maintained a Buy rating on the stock with a $97 price target.

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Based on Woodward’s latest earnings release for the quarter ending December 31, the company reported a quarterly net profit of $49.12 million. In comparison, last year the company had a net profit of $18.26 million.

Based on the recent corporate insider activity of 28 insiders, corporate insider sentiment is neutral on the stock. Most recently, in December 2018, Christopher Fawzy, the VP, Gen Counsel & Corp Sec of WWD sold 3,000 shares for a total of $255,000.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Woodward, Inc. engages in the provision of control system solutions and components for the aerospace and industrial markets. It operates through the Aerospace and Industrial segment. The Aerospace segment designs, manufactures, and services systems and products for the management of fuel, air, combustion and motion control.

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