Woodward, Inc. Aktie News

Investors wait for the Fed starting gun

The commercial aerospace recovery continues to benefit suppliers like Woodward. There was a positive surprise coming from its exposure to the China natural gas engine heavy-duty truck market.

We are officially in the middle of Q2 with the start of May, and it is also the earnings season for companies reporting their Q1 figures. Even though the market right now is not at its best, with bearish sentiments casting a dark cloud over Wall Street, I believe this is a good time to establish positions in some sturdy long-term stocks that can deliver “exponential” gains.

Woodward beat expectations thanks to strong industrial demand from China and continued aerospace strength. The company also raised full-year guidance.

Woodward, Inc. (NASDAQ:WWD ) Q2 2024 Earnings Conference Call April 29, 2024 4:30 PM ET Company Participants Dan Provaznik - Director, Investor Relations Chip Blankenship - Chairman & Chief Executive Officer Bill Lacey - Chief Financial Officer Conference Call Participants David Strauss - Barclays Scott Deuschle - Deutsche Bank Robert Spingarn - Melius Research Gavin Parsons - UBS Louis Raffett...

FORT COLLINS, Colo., April 29, 2024 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ:WWD) today reported financial results for its second quarter of fiscal year 2024.

FORT COLLINS, Colo., April 24, 2024 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ:WWD) today announced that its Board of Directors declared a cash dividend of $0.25 per share for the quarter, payable on June 05, 2024, for stockholders of record as of May 22, 2024.

Woodward, a designer and producer of control solutions, has seen significant gains in its stock price, outperforming the S&P 500. Despite the high trading multiples, Woodward's stock is actually cheaper now on a forward basis compared to earlier, and the company is forecasted to continue growing. The company has achieved strong operational performance, with revenue and profitability increasing,...