WWD - Woodward, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
119.89
-3.81 (-3.08%)
At close: 4:00PM EST
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Previous Close123.70
Open124.67
Bid119.88 x 800
Ask119.94 x 900
Day's Range119.55 - 124.67
52 Week Range75.99 - 129.06
Volume828,392
Avg. Volume424,974
Market Cap7.457B
Beta (5Y Monthly)1.30
PE Ratio (TTM)29.82
EPS (TTM)4.02
Earnings DateFeb 02, 2020
Forward Dividend & Yield0.65 (0.52%)
Ex-Dividend DateNov 13, 2019
1y Target Est130.14
  • Woodward (WWD) Earnings Expected to Grow: Should You Buy?
    Zacks

    Woodward (WWD) Earnings Expected to Grow: Should You Buy?

    Woodward (WWD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • Barrons.com

    Disney Stock Looks Attractive for the Next 10 Years, Bill Priest Says

    Barron’s Roundtable panelist William Priest says that by focusing on creative talent and shared infrastructure, Disney can make a meaningful transition.

  • ACCESSWIRE

    SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Regarding Whether the Merger of Woodward, Inc. with Hexcel Corporation is Fair to WWD Shareholders

    NEW YORK, NY / ACCESSWIRE / January 15, 2020 / The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased Woodward, Inc. ("Woodward" or the "Company") ...

  • SHAREHOLDER ALERT: WeissLaw LLP Investigates Hexcel Corporation
    PR Newswire

    SHAREHOLDER ALERT: WeissLaw LLP Investigates Hexcel Corporation

    WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Hexcel Corporation ("HXL" or the "Company") (NYSE: HXL) in connection with the proposed merger of the Company with Woodward, Inc. ("WWD") (NASDAQ: WWD). Under the terms of the merger agreement, HXL shareholders will receive 0.625 WWD shares for each HXL share owned, representing consideration of $76.68 per HXL share based on WWD's January 10 opening price of $122.70.

  • Moody's

    Hexcel Corporation -- Moody's: Hexcel ratings (incl. Baa3 senior unsecured) unaffected by plans to merge with Woodward

    Moody's Investors Service, ("Moody's") said that Hexcel Corporation's ("Hexcel") announcement that it has entered into a merger agreement with Woodward, Inc. ("Woodward") has no impact on ratings at this time, including the Baa3 senior unsecured rating. Hexcel Corporation is a leading advanced composites company. This publication does not announce a credit rating action.

  • Company News for Jan 14, 2020
    Zacks

    Company News for Jan 14, 2020

    Companies In The News Are: LULU, WWD, HXL, TSLA, FIVE.

  • Woodward (WWD) Hits 52-Week High on Operational Excellence
    Zacks

    Woodward (WWD) Hits 52-Week High on Operational Excellence

    Woodward's (WWD) Aerospace and Industrial segments continue to benefit from strong product portfolios and healthy market fundamentals.

  • PR Newswire

    ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Hexcel Corporation

    Rowley Law PLLC is investigating potential securities law violations by Hexcel Corporation (NYSE:HXL) and its board of directors concerning the proposed acquisition of the company by Woodward, Inc. (NASDAQ: WWD). Stockholders will receive 0.625 shares of Woodward common stock for each share of Hexcel stock that they hold. The transaction is valued at $6.4 billion and is expected to close in the third quarter of 2020.

  • Woodward, Hexcel, Ford, Walmart, Dunkin' Brands, Comcast: Companies to Watch
    Yahoo Finance

    Woodward, Hexcel, Ford, Walmart, Dunkin' Brands, Comcast: Companies to Watch

    Woodward, Hexcel, Ford, Walmart, Dunkin' Brands and Comcast are the Companies to Watch

  • Hexcel and Woodward Announce Merger of Equals Agreement
    Zacks

    Hexcel and Woodward Announce Merger of Equals Agreement

    Post the merger, existing Woodward (WWD) and Hexcel (HXL) shareholders will respectively own approximately 55% and 45% of the combined company, on a fully diluted basis.

  • Woodward Inks All-Stock $6.4 Billion Merger Deal With Hexcel
    Zacks

    Woodward Inks All-Stock $6.4 Billion Merger Deal With Hexcel

    Woodward (WWD) signs a merger agreement with Hexcel Corporation to fortify its position as an integrated systems provider in the global market by scaling up its operational efficiency.

  • Colorado firm strikes merger deal creating one of the largest aerospace manufacturers in the world
    American City Business Journals

    Colorado firm strikes merger deal creating one of the largest aerospace manufacturers in the world

    Woodward Inc. (Nasdaq: WWD), based in Fort Collins, and Hexcel Corp. (NYSE: HXL), based in Stamford, Connecticut, on Sunday revealed an all-stock deal combining major makers of aircraft control systems and parts. “Together we will be one of the largest independent aerospace and defense suppliers in the world,” said Nick Stanage, CEO, president and chairman of Hexcel, adding the company will have “significant positions on all key programs.” The two companies have combined market capitalization of $13.7 billion. The new company will be called Woodward Hexcel, based in Fort Collins.

  • Boeing Suppliers Shift the Balance of Power, One Deal at a Time
    Bloomberg

    Boeing Suppliers Shift the Balance of Power, One Deal at a Time

    (Bloomberg Opinion) -- A would-be Boeing Co. takeover target has found its own dance partner.Woodward Inc., a maker of cockpit controls and engine-actuation systems, announced late Sunday that it’s merging with fellow aerospace supplier Hexcel Corp. The all-stock deal values Hexcel, a maker of lightweight composite materials, at about $7.5 billion including debt, with Woodward shareholders set to own about 55% of the combined company. While both suppliers have felt the sting of  Boeing’s 737 Max grounding, executives said Sunday that the deal wasn’t a response to that crisis but rather an effort to position the combined company to better compete in the pursuit of more fuel-efficient engines.The effort to sell this merger as a play on climate change is interesting, and it shows the degree to which companies are taking seriously the increasing criticism of greenhouse-gas emissions. At the same time, it’s hard to extricate Boeing and its Max woes from the context of the deal. Just two years ago, it might have been Boeing making these kinds of arguments about the benefits of scale and combined research-and-development budgets.Boeing held preliminary talks with Woodward as it scouted targets for its push to build a services division with $50 billion in sales, according to reports in early 2018 from Bloomberg News and the Wall Street Journal. Woodward pushed back on those reports and said it wasn’t in discussions with Boeing on a possible sale. Boeing instead acquired KLX Inc.’s aerospace-distribution business for $4.25 billion and announced an auxiliary power unit joint venture with Safran SA. This added to home-grown efforts in avionics and cabin interiors and spooked investors in traditional suppliers of those parts and services.As recently as May, ex-Boeing CEO Dennis Muilenburg was talking about the prospect of additional deals in the vein of KLX – “a substantial, multi-billion dollar acquisition, but one that was complementary.” With the now 10-month Max grounding draining Boeing’s cash flow and mounting scrutiny over the company’s corporate culture and the integrity of its design process, it’s highly unlikely the company will be making acquisitions anytime soon, and entirely possible that its parts and services ambitions go no further.That creates an opportunity for its suppliers, and Woodward and Hexcel are right to seize the moment to gain more clout, particularly as it looks increasingly likely that Boeing will have to speed up development of a narrow-body successor to the 737. With new technologies requiring ever-higher levels of spending, it also just helps to have a bigger balance sheet. Woodward and Hexcel expect to spend $250 million on R&D in the first year after the deal closes, or about 5% of combined sales. That’s a roughly 15% step-up from estimated 2019 levels, notes Jefferies analyst Sheila Kahyaoglu. “Woodward and Hexcel touch nearly every aspect of aerospace design,” Hexcel CEO Nick Stanage, who will retain that role at the combined company, said on a conference call Sunday. The merged entity will be well-positioned to deliver “integrated systems that satisfy demands for aircraft aerodynamics, energy efficiency, improved safety and reduced emissions and noise.”The Woodward-Hexcel combination follows a United Technologies Corp. $100 billion buying spree over the past two years that saw the engine maker link up with avionics supplier Rockwell Collins Inc. and defense contractor Raytheon Co., as well as smaller tie-ups between Parker-Hannifin Corp. and Exotic Metals Forming Co. and TransDigm Group Inc. and Esterline Technologies Corp. Analysts expressed some caution on Hexcel and Woodward’s ambitious goal of generating $1 billion of cash flow in the first fiscal year after closing, and time will tell if the companies can follow through. But strategically, it’s a bold and smart move that should give the companies an upper hand in both the battle against climate change and any future battles with Boeing.  To contact the author of this story: Brooke Sutherland at bsutherland7@bloomberg.netTo contact the editor responsible for this story: Beth Williams at bewilliams@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Brooke Sutherland is a Bloomberg Opinion columnist covering deals and industrial companies. She previously wrote an M&A column for Bloomberg News.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Is Woodward, Inc.'s (NASDAQ:WWD) CEO Overpaid Relative To Its Peers?
    Simply Wall St.

    Is Woodward, Inc.'s (NASDAQ:WWD) CEO Overpaid Relative To Its Peers?

    Tom Gendron has been the CEO of Woodward, Inc. (NASDAQ:WWD) since 2005. First, this article will compare CEO...

  • PR Newswire

    (HXL) Alert: Johnson Fistel Investigates Proposed Sale of Hexcel Corporation.; Are Shareholders Getting a Fair Deal?

    Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of Hexcel Corporation (NYSE: HXL) ("Hexcel") breached their fiduciary duties in connection with the proposed sale of the Company to Woodward, Inc. (NASDAQ: WWD).

  • TheStreet.com

    Boeing Suppliers Woodward and Hexcel Combine in $6.4 Billion Defense Deal

    Aerospace and industrial groups Woodward and Hexcel, key suppliers to Boeing, have agreed to an all-stock merger that value the combined companies at around $6.4 billion.

  • Barrons.com

    Forget Merger Monday. Hexcel and Woodward Surprised Investors With a Sunday Combination.

    Two aerospace suppliers—engine technology maker Woodward and materials maker Hexcel—surprised investors Sunday, announcing a merger of equals.

  • Business Wire

    Woodward and Hexcel Announce Merger of Equals to Create a Premier Integrated Systems Provider Propelling the Future of Flight and Energy Efficiency

    Woodward, Inc. (NASDAQ: WWD) and Hexcel Corporation (NYSE: HXL) today announced a definitive agreement to combine in an all-stock merger of equals to create a premier integrated systems provider serving the aerospace and industrial sectors. The combined company will focus on technology-rich innovations to deliver smarter, cleaner, and safer customer solutions.

  • Airbus Tops Boeing as Largest Plane Maker: Suppliers in Focus
    Zacks

    Airbus Tops Boeing as Largest Plane Maker: Suppliers in Focus

    A network of almost 600 suppliers manufacture Boeing (BA) 737 Max components. Following the latest turn of events, a few of these may try to supply more parts to Airbus (EADSY).

  • Woodward (WWD) Up 3.7% Since Last Earnings Report: Can It Continue?
    Zacks

    Woodward (WWD) Up 3.7% Since Last Earnings Report: Can It Continue?

    Woodward (WWD) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • Boeing's Suspension of 737 Max Production Rattles Suppliers
    Zacks

    Boeing's Suspension of 737 Max Production Rattles Suppliers

    With Boeing's (BA) production halt decision for 737 Max, it remains unclear what the plane maker will do as far as purchasing from suppliers is concerned.

  • Is Woodward Inc (WWD) A Good Stock To Buy?
    Insider Monkey

    Is Woodward Inc (WWD) A Good Stock To Buy?

    As we already know from media reports and hedge fund investor letters, hedge funds delivered their best returns in a decade. Most investors who decided to stick with hedge funds after a rough 2018 recouped their losses by the end of the third quarter. We get to see hedge funds' thoughts towards the market and […]

  • Thomson Reuters StreetEvents

    Edited Transcript of WWD earnings conference call or presentation 18-Nov-19 9:30pm GMT

    Q4 2019 Woodward Inc Earnings Call

  • Woodward (WWD) Q4 Earnings Miss Estimates, Revenues Up Y/Y
    Zacks

    Woodward (WWD) Q4 Earnings Miss Estimates, Revenues Up Y/Y

    Strong Aerospace and Industrial segments drive Woodward's (WWD) fiscal fourth-quarter earnings. However, customer bankruptcy in the renewables business is on the downside.