In a report released on November 24, David E. Strauss from Barclays maintained a Hold rating on Woodward (WWD – Research Report), with a price target of $134.00. The company’s shares closed last Friday at $132.99.
E. Strauss covers the Industrials sector, focusing on stocks such as Boeing, Huntington Ingalls, and Spirit AeroSystems. According to TipRanks, E. Strauss has an average return of 1.1% and a 56.67% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Woodward with a $139.14 average price target, representing a 4.62% upside. In a report released on November 17, Truist Financial also maintained a Hold rating on the stock with a $124.00 price target.
See Insiders’ Hot Stocks on TipRanks >>
The company has a one-year high of $136.47 and a one-year low of $87.83. Currently, Woodward has an average volume of 328.8K.
Based on the recent corporate insider activity of 18 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 2023, Ronald Sega, a Director at WWD sold 2,000.00 shares for a total of $264,100.00.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Woodward (WWD) Company Description:
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.
Read More on WWD:
