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.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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.
雖然伍德沃德公司(納斯達克:WWD)可能不是目前最廣為人知的股票,但它受到了納斯達克市場過去幾個月大幅價格波動的大量關注,一度漲至105美元,並跌至87.18美元的低點。一些股價波動可以讓投資者有更好的機會買入股票,並有可能以更低的價格買入。一個需要回答的問題是,伍德沃德目前87.18美元的交易價格是否反映了中型股的實際價值?或者,它目前被低估了,為我們提供了買入的機會?讓我們根據最新的財務數據來看看伍德沃德的前景和價值,看看是否有任何推動價格變化的催化劑。
查看我們對伍德沃德的最新分析
伍德沃德還便宜嗎?
根據我的市盈率模型,該公司的市盈率與行業平均水平進行了比較,目前股價似乎是合理的。在這種情況下,考慮到沒有足夠的信息來可靠地預測股票的現金流,我使用了市盈率(PE)。我發現,伍德沃德的市盈率為31.3倍,略高於業內同行27.3倍的市盈率,這意味着如果你今天買入伍德沃德,你將支付一個相對合理的價格。如果你認為伍德沃德的股價應該在這個範圍內交易,那麼從長遠來看,伍德沃德的股價實際上沒有超過其他行業同行的增長空間。那麼,未來還有機會低接買入嗎?鑑於伍德沃德的股價波動相當大(即相對於市場的其他部分,它的價格波動被放大),這可能意味着價格可能會下跌,給我們一個稍後買入的機會。這是基於其較高的貝塔係數,這是一個很好的股價波動指標。
我們能指望伍德沃德實現增長嗎?
NasdaqGS:WWD收益和收入增長2022年9月22日
當你考慮購買一隻股票時,未來前景是一個重要的方面,特別是如果你是一個尋求投資組合增長的投資者。以低廉的價格收購一家前景穩健的偉大公司永遠是一筆不錯的投資,所以讓我們也來看看該公司的未來預期。由於未來幾年利潤預計將增長57%,伍德沃德的未來似乎是光明的。看起來,該公司股票有可能出現更高的現金流,這應該會帶來更高的股票估值。
這對你意味着什麼
你是股東嗎?WWD樂觀的未來增長似乎已經計入了當前的股價,其股價在行業市盈率附近交易。然而,還有其他重要的因素我們今天沒有考慮,比如公司的財務實力。與您上次瀏覽WWD相比,這些因素是否發生了變化?如果股價跌破行業市盈率,你會有足夠的信心投資該公司嗎?
你是潛在的投資者嗎?如果你一直在關注WWD,現在可能不是買入的最有利時機,因為它的交易價格在行業市盈率附近。然而,樂觀的預測對WWD來説是令人鼓舞的,這意味着它值得進一步研究其他因素,如其資產負債表的實力,以利用下一次價格下跌的機會。
考慮一下分析師對伍德沃德最新預測的預期,這可能是相當有價值的。幸運的是,您可以通過單擊此處查看分析師的預測。
如果你對伍德沃德不再感興趣,你可以使用我們的免費平臺查看我們的50多隻其他具有高增長潛力的股票。
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本文由Simply Wall St.撰寫,具有概括性。我們僅使用不偏不倚的方法提供基於歷史數據和分析師預測的評論,我們的文章並不打算作為財務建議。它不構成買賣任何股票的建議,也沒有考慮你的目標或你的財務狀況。我們的目標是為您帶來由基本面數據驅動的長期重點分析。請注意,我們的分析可能不會將最新的對價格敏感的公司公告或定性材料考慮在內。Simply Wall St.對上述任何一隻股票都沒有持倉。