Oppenheimer analyst Christopher Glynn assigned a Hold rating to Woodward (WWD) today. The company’s shares closed last Friday at $106.74.
According to TipRanks.com, Glynn is a 5-star analyst with an average return of 12.1% and a 64.0% success rate. Glynn covers the Industrial Goods sector, focusing on stocks such as Emerson Electric Company, Honeywell International, and Wesco International.
Woodward has an analyst consensus of Moderate Buy, with a price target consensus of $102.75, representing a -5.2% downside. In a report issued on November 17, Barrington also maintained a Hold rating on the stock.
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The company has a one-year high of $129.06 and a one-year low of $46.51. Currently, Woodward has an average volume of 313.6K.
Based on the recent corporate insider activity of 32 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of WWD in relation to earlier this year. Most recently, in September 2020, Chad Robert Preiss, the Business Unit President of WWD sold 11,500 shares for a total of $980,608.
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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. The Industrial segment includes the design and services systems and products for the management of fuel, air, fluids, gases, electricity, motion, and combustion. The company was founded by Amos W. Woodward in 1870 and is headquartered in Fort Collins, CO.
