While Woodward, Inc. (NASDAQ:WWD) might not be the most widely known stock at the moment, it received a lot of attention from a substantial price movement on the NASDAQGS over the last few months, increasing to US$105 at one point, and dropping to the lows of US$87.18. Some share price movements can give investors a better opportunity to enter into the stock, and potentially buy at a lower price. A question to answer is whether Woodward's current trading price of US$87.18 reflective of the actual value of the mid-cap? Or is it currently undervalued, providing us with the opportunity to buy? Let's take a look at Woodward's outlook and value based on the most recent financial data to see if there are any catalysts for a price change.
See our latest analysis for Woodward
Is Woodward Still Cheap?
The share price seems sensible at the moment according to my price multiple model, where I compare the company's price-to-earnings ratio to the industry average. In this instance, I've used the price-to-earnings (PE) ratio given that there is not enough information to reliably forecast the stock's cash flows. I find that Woodward's ratio of 31.3x is trading slightly above its industry peers' ratio of 27.3x, which means if you buy Woodward today, you'd be paying a relatively sensible price for it. And if you believe Woodward should be trading in this range, then there isn't really any room for the share price grow beyond the levels of other industry peers over the long-term. So, is there another chance to buy low in the future? Given that Woodward's share is fairly volatile (i.e. its price movements are magnified relative to the rest of the market) this could mean the price can sink lower, giving us an opportunity to buy later on. This is based on its high beta, which is a good indicator for share price volatility.
Can we expect growth from Woodward?
NasdaqGS:WWD Earnings and Revenue Growth September 22nd 2022
Future outlook is an important aspect when you're looking at buying a stock, especially if you are an investor looking for growth in your portfolio. Buying a great company with a robust outlook at a cheap price is always a good investment, so let's also take a look at the company's future expectations. With profit expected to grow by 57% over the next couple of years, the future seems bright for Woodward. It looks like higher cash flow is on the cards for the stock, which should feed into a higher share valuation.
What This Means For You
Are you a shareholder? WWD's optimistic future growth appears to have been factored into the current share price, with shares trading around industry price multiples. However, there are also other important factors which we haven't considered today, such as the financial strength of the company. Have these factors changed since the last time you looked at WWD? Will you have enough confidence to invest in the company should the price drop below the industry PE ratio?
Are you a potential investor? If you've been keeping tabs on WWD, now may not be the most advantageous time to buy, given it is trading around industry price multiples. However, the optimistic forecast is encouraging for WWD, which means it's worth further examining other factors such as the strength of its balance sheet, in order to take advantage of the next price drop.
It can be quite valuable to consider what analysts expect for Woodward from their most recent forecasts. Luckily, you can check out what analysts are forecasting by clicking here.
If you are no longer interested in Woodward, you can use our free platform to see our list of over 50 other stocks with a high growth potential.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
虽然伍德沃德公司(纳斯达克:WWD)可能不是目前最广为人知的股票,但它受到了纳斯达克市场过去几个月大幅价格波动的大量关注,一度涨至105美元,并跌至87.18美元的低点。一些股价波动可以让投资者有更好的机会买入股票,并有可能以更低的价格买入。一个需要回答的问题是,伍德沃德目前87.18美元的交易价格是否反映了中型股的实际价值?或者,它目前被低估了,为我们提供了买入的机会?让我们根据最新的财务数据来看看伍德沃德的前景和价值,看看是否有任何推动价格变化的催化剂。
查看我们对伍德沃德的最新分析
伍德沃德还便宜吗?
根据我的市盈率模型,该公司的市盈率与行业平均水平进行了比较,目前股价似乎是合理的。在这种情况下,考虑到没有足够的信息来可靠地预测股票的现金流,我使用了市盈率(PE)。我发现,伍德沃德的市盈率为31.3倍,略高于业内同行27.3倍的市盈率,这意味着如果你今天买入伍德沃德,你将支付一个相对合理的价格。如果你认为伍德沃德的股价应该在这个范围内交易,那么从长远来看,伍德沃德的股价实际上没有超过其他行业同行的增长空间。那么,未来还有机会低接买入吗?鉴于伍德沃德的股价波动相当大(即相对于市场的其他部分,它的价格波动被放大),这可能意味着价格可能会下跌,给我们一个稍后买入的机会。这是基于其较高的贝塔系数,这是一个很好的股价波动指标。
我们能指望伍德沃德实现增长吗?
NasdaqGS:WWD收益和收入增长2022年9月22日
当你考虑购买一只股票时,未来前景是一个重要的方面,特别是如果你是一个寻求投资组合增长的投资者。以低廉的价格收购一家前景稳健的伟大公司永远是一笔不错的投资,所以让我们也来看看该公司的未来预期。由于未来几年利润预计将增长57%,伍德沃德的未来似乎是光明的。看起来,该公司股票有可能出现更高的现金流,这应该会带来更高的股票估值。
这对你意味着什么
你是股东吗?WWD乐观的未来增长似乎已经计入了当前的股价,其股价在行业市盈率附近交易。然而,还有其他重要的因素我们今天没有考虑,比如公司的财务实力。与您上次浏览WWD相比,这些因素是否发生了变化?如果股价跌破行业市盈率,你会有足够的信心投资该公司吗?
你是潜在的投资者吗?如果你一直在关注WWD,现在可能不是买入的最有利时机,因为它的交易价格在行业市盈率附近。然而,乐观的预测对WWD来说是令人鼓舞的,这意味着它值得进一步研究其他因素,如其资产负债表的实力,以利用下一次价格下跌的机会。
考虑一下分析师对伍德沃德最新预测的预期,这可能是相当有价值的。幸运的是,您可以通过单击此处查看分析师的预测。
如果你对伍德沃德不再感兴趣,你可以使用我们的免费平台查看我们的50多只其他具有高增长潜力的股票。
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本文由Simply Wall St.撰写,具有概括性。我们仅使用不偏不倚的方法提供基于历史数据和分析师预测的评论,我们的文章并不打算作为财务建议。它不构成买卖任何股票的建议,也没有考虑你的目标或你的财务状况。我们的目标是为您带来由基本面数据驱动的长期重点分析。请注意,我们的分析可能不会将最新的对价格敏感的公司公告或定性材料考虑在内。Simply Wall St.对上述任何一只股票都没有持仓。