Group 1: Zacks Premium Overview - Zacks Premium offers various tools for investors to enhance their stock market engagement and confidence, including daily updates on Zacks Rank and Industry Rank, access to the Zacks 1 Rank List, Equity Research reports, and Premium stock screens [1][2] - The service includes Zacks Style Scores, which are designed to help investors select stocks with the highest potential to outperform the market in the short term [2][3] Group 2: Zacks Style Scores - Zacks Style Scores categorize stocks into ratings of A, B, C, D, or F based on value, growth, and momentum characteristics, with higher scores indicating a better chance of stock outperformance [3][4] - The Value Score focuses on identifying undervalued stocks using financial ratios such as P/E, PEG, and Price/Sales [3] - The Growth Score emphasizes a company's financial health and future growth potential, analyzing projected and historical earnings, sales, and cash flow [4] - The Momentum Score identifies trends in stock price or earnings outlook, helping investors time their positions based on recent price changes and earnings estimate adjustments [4] - The VGM Score combines all three Style Scores, providing a comprehensive indicator for investors who utilize multiple investing strategies [5] Group 3: Zacks Rank and Performance - The Zacks Rank is a proprietary model that uses earnings estimate revisions to assist in portfolio building, with 1 (Strong Buy) stocks achieving an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [6][7] - Investors are encouraged to focus on stocks with a Zacks Rank of 1 or 2 that also have Style Scores of A or B for optimal investment success [9][10] Group 4: Company Spotlight - Woodward, Inc. - Woodward, Inc., based in Fort Collins, CO, is an independent designer and manufacturer of energy control solutions for aerospace and industrial markets [11] - The company currently holds a Zacks Rank of 3 (Hold) and has a VGM Score of B, indicating potential for growth [11] - Woodward is projected to experience a year-over-year earnings growth of 40.6% for the current fiscal year, supported by a Growth Style Score of B [12] - Recent earnings estimates for fiscal 2024 have been revised upward, with the Zacks Consensus Estimate increasing by $0.01 to $5.92 per share, alongside an average earnings surprise of 18.5% [12]

Woodward's (WWD) shares have been performing well on the trading front, with a gain of 24.7% year to date compared with the S&P 500 composite and the sub-industry's growth of 19.9% and 13.5%, respectively. The stock closed the last trading session at $169.81, 9.8% below its 52-week high of $188.35, reached on June 3, 2024. The company's earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters with an average surprise of 18.5%. YTD Price Performance Image Source: Zacks Investment ...

FORT COLLINS, Colo., Sept. 18, 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 December 5, 2024, for stockholders of record as of November 21, 2024. About Woodward, Inc. Woodward is the global leader in the design, manufacture, and service of energy conversion and control solutions for the aerospace and industrial equipment markets. Our purpose is to design and deliver energy control solu ...

SCM Jeans In June, I covered Woodward (NASDAQ:WWD) with a buy rating and attached a $203.67 price tag to the stock. However, following the third quarter earnings release the stock has lost nearly 7% of its value. In this report, I will discuss the reasons for the decline in the stock prices and update my price target and rating. Woodward Earnings Climb On Sales Growth Slowing Q3 FISCAL YEAR 2024 CONSOLIDATED RESULTS FY 24 FY 23 FY 23 NET SALES $85 NET EARNINGS Million CASH FLOW EARNINGS PER S1.63 SHARE (EPS ...

FORT COLLINS, Colo., Sept. 09, 2024 (GLOBE NEWSWIRE) -- Woodward (NASDAQ: WWD), a leader in aerospace and industrial energy control solutions, today announced the appointment of Ron Charles as its Executive Vice President and Chief Human Resources Officer, effective September 9. In this role, he will lead the company's overall human resources function, including organizational capability, member experience, talent management, total rewards, and diversity, inclusion and belonging, as well as communications a ...

Core Insights - Zacks Premium provides tools for investors to enhance their stock market engagement and confidence, including daily updates, research reports, and stock screens [1][2] Zacks Style Scores - Zacks Style Scores are indicators that assist investors in selecting stocks likely to outperform the market within 30 days, rated from A to F based on value, growth, and momentum characteristics [3] - The Value Score focuses on identifying undervalued stocks using financial ratios like P/E and Price/Sales [4] - The Growth Score evaluates a company's financial health and future outlook through projected earnings and sales [4] - The Momentum Score identifies optimal times to invest based on price trends and earnings estimate changes [5] - The VGM Score combines all three Style Scores, highlighting stocks with attractive value, growth potential, and positive momentum [6] Zacks Rank - The Zacks Rank is a proprietary model that utilizes earnings estimate revisions to simplify portfolio building, with 1 (Strong Buy) stocks achieving an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [7][8] - Investors are encouraged to select stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B to maximize returns [10] Stock Example: Woodward, Inc. - Woodward, Inc. is an independent provider of energy control solutions, currently rated 3 (Hold) with a VGM Score of B, and a Growth Style Score of B, indicating a projected year-over-year earnings growth of 40.4% for the current fiscal year [12][13] - Recent analyst revisions have increased the earnings estimate for fiscal 2024 by $0.03 to $5.91 per share, with an average earnings surprise of 18.5%, making it a potential candidate for growth investors [13]

Summary of Woodward (WWD) FY Conference Call - September 05, 2024 Company Overview - **Company Name**: Woodward, Inc. - **Industry**: Aerospace and Defense, Industrial Markets - **Headquarters**: Fort Collins, Colorado - **Market Capitalization**: Approximately $10 billion with 60 million shares trading around $162 [2][2] - **Net Debt**: $340 million [2][2] Key Points and Arguments Business Dynamics - Woodward has evolved over 150 years from controlling water wheels to manufacturing fuel control systems for aerospace and industrial applications [3][3] - The company specializes in fuel control, air oil management, combustion control, and motion control [4][4] China On Highway Business - Woodward's fuel control systems for natural gas engines in heavy-duty trucks in China have seen a significant market share shift from diesel to natural gas, increasing from 10-15% to 30% [7][8] - The company reported record levels of business in the last five quarters, exceeding $50 million per quarter [9][9] - Anticipated demand for the upcoming quarter is projected between $10 million to $15 million due to near-term destocking [9][9] Aerospace Fuel Control Business - Woodward is a key supplier for the LEAP engine used in the Boeing 737 MAX and has expanded its content significantly through acquisitions [13][18] - The company has tripled its content per aircraft for both the A320 and 737 platforms, with $250,000 and $350,000 of content per shipset respectively [18][18] Aftermarket and Legacy Fleet - The legacy fleet is expected to plateau over the next four to five years, with strong aftermarket performance driven by increased flight hours [25][26] - The company anticipates a significant increase in aftermarket demand for the LEAP and Geared Turbofan engines starting around 2026-2027 [22][23] Defense Business - The JDAM program has seen a decline in demand but is expected to stabilize following a recent $7.5 billion contract with Boeing and the Air Force [29][30] - Increased geopolitical tensions, particularly in Israel, have driven some demand for defense products [32][32] Supply Chain Management - Woodward has stabilized its supply chain through proactive measures and investments in rapid response machining centers, spending approximately $10 million [42][44] - The company has improved its performance by identifying supply issues early and maintaining continuity of supply [44][44] Capital Allocation and Financial Performance - Woodward has successfully implemented price increases to recover from inflation, achieving 7-9% year-over-year price realization [53][53] - Industrial margins improved by 400 basis points over two years, reaching 14% [55][55] - Aerospace margins are projected to improve to approximately 19% for 2024, with a target of 20-22% by 2026 [56][57] - The company has returned $1.3 billion to shareholders over the last six years, primarily through share repurchases [63][63] Future Outlook - Woodward is well-prepared for anticipated production ramps in the aerospace sector, with existing capacity and plans for increased automation [45][46] - The company is focused on organic growth and is selective in pursuing acquisitions that align with its strategic goals [61][62] Additional Important Insights - The company has a strong focus on automation to enhance efficiency and reduce reliance on labor [48][49] - Woodward's leadership transition has positively impacted its operational strategies and supply chain management [41][41]

FORT COLLINS, Colo., Aug. 29, 2024 (GLOBE NEWSWIRE) -- Woodward (NASDAQ: WWD), a leader in aerospace and industrial energy control solutions, today announced the appointment of Karrie Bem as Executive Vice President, General Counsel, Corporate Secretary, and Chief Compliance Officer, effective September 16. In this role, she will be responsible for leading the company's overall legal and compliance function. This includes developing and maintaining comprehensive programs, processes and procedures for legal, ...

It has been about a month since the last earnings report for Woodward (WWD) . Shares have added about 9.5% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Woodward due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Woodward Q3 Earnings Beat Estimates Woodward reported ...

FORT COLLINS, Colo., Aug. 21, 2024 (GLOBE NEWSWIRE) -- Woodward (NASDAQ: WWD) today announced that Chip Blankenship, Chairman and Chief Executive Officer, and Bill Lacey, Chief Financial Officer, will participate in a virtual fireside chat hosted by Noah Poponak of Goldman Sachs on Wednesday, August 28, 2024 at 11:00 a.m. ET. To register and join the webcast, visit this link at least 10 minutes before the event start time. CLICK HERE TO REGISTER: Woodward and Goldman Sachs Fireside Chat August 28 A live web ...