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How to buy Woodward stock in Canada | $121.73

Own Woodward shares in just a few minutes.

Woodward, Inc
NASDAQ: WWD - USD
AEROSPACE & DEFENSE
$121.56
-$1.39 (-1.13%)

Woodward is an aerospace & defense business based in the US. Woodward stocks (WWD.US) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $119.48 – an increase of 0.94% over the previous week. Woodward employs 7,248 staff and has a trailing 12-month revenue of around $2.2 billion.

How to buy Woodward stock in Canada

  1. Choose a platform. If you're a beginner, our stock trading table below can help you choose.
  2. Open your account. You'll need your ID, bank details and national insurance number.
  3. Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
  4. Search the platform for stock code: WWD in this case.
  5. Research Woodward stocks. The platform should provide the latest information available.
  6. Buy your Woodward stocks. It's that simple.

How has Coronavirus impacted Woodward's stock price?

Since the stock market crash in March caused by coronavirus, Woodward's stock price has had significant positive movement.

Its last market close was $121.73, which is 1.29% up on its pre-crash value of $120.16 and 161.76% up on the lowest point reached during the March crash when the stocks fell as low as $46.505.

If you had bought $1,000 worth of Woodward stocks at the start of February 2020, those stocks would have been worth $431.06 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $1,044.44.

Woodward stock price

Use our graph to track the performance of WWD stocks over time.

Woodward stocks at a glance

Information last updated 2021-07-30.
Latest market close$121.73
52-week range$72.8973 - $130.5757
50-day moving average $120.7209
200-day moving average $120.966
Wall St. target price$132.25
PE ratio 38.7
Dividend yield $0.406 (0.33%)
Earnings per share (TTM) $3.177

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Note: The dollar amounts in the table below are in Canadian dollars.

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Is it a good time to buy Woodward stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Woodward price performance over time

Historical closes compared with the last close of $121.73

1 month (2021-07-01) -1.33%
3 months (2021-04-30) -2.62%

Is Woodward under- or over-valued?

Valuing Woodward stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Woodward's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Woodward's P/E ratio

Woodward's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 39x. In other words, Woodward stocks trade at around 39x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the stocks or simply that they're over-valued.

Woodward's PEG ratio

Woodward's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.8746. A low ratio can be interpreted as meaning the stocks offer better value, while a higher ratio can be interpreted as meaning the stocks offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Woodward's future profitability. By accounting for growth, it could also help you if you're comparing the stock prices of multiple high-growth companies.

Woodward's EBITDA

Woodward's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$351.7 million.

The EBITDA is a measure of a Woodward's overall financial performance and is widely used to measure a its profitability.

Woodward financials

Revenue TTM USD$2.2 billion
Operating margin TTM 10.14%
Gross profit TTM USD$640.2 million
Return on assets TTM 3.41%
Return on equity TTM 10.18%
Profit margin 9.46%
Book value $33.694
Market capitalisation USD$7.8 billion

TTM: trailing 12 months

How to short and sell Woodward stocks

  1. Create a CFD or spread betting account.
  2. Search for the stock code. E.g. "WWD.US"
  3. Choose your position size.
  4. Select "sell" rather than "buy".
  5. Confirm your position and keep tabs on it. You may wish to set limits on your position.

There are currently 1.5 million Woodward stocks held short by investors – that's known as Woodward's "short interest". This figure is 7.5% down from 1.6 million last month.

There are a few different ways that this level of interest in shorting Woodward stocks can be evaluated.

Woodward's "short interest ratio" (SIR)

Woodward's "short interest ratio" (SIR) is the quantity of Woodward stocks currently shorted divided by the average quantity of Woodward stocks traded daily (recently around 265404.38756856). Woodward's SIR currently stands at 5.47. In other words for every 100,000 Woodward stocks traded daily on the market, roughly 5470 stocks are currently held short.

However Woodward's short interest can also be evaluated against the total number of Woodward stocks, or, against the total number of tradable Woodward stocks (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Woodward's short interest could be expressed as 0.02% of the outstanding stocks (for every 100,000 Woodward stocks in existence, roughly 20 stocks are currently held short) or 0.0242% of the tradable stocks (for every 100,000 tradable Woodward stocks, roughly 24 stocks are currently held short).

A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the stock price, with fewer people currently willing to bet against Woodward.

Find out more about how you can short Woodward stock.

Woodward stock dividends

20%

Dividend payout ratio: 20.06% of net profits

Recently Woodward has paid out, on average, around 20.06% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.53% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Woodward shareholders could enjoy a 0.53% return on their shares, in the form of dividend payments. In Woodward's case, that would currently equate to about $0.406 per share.

While Woodward's payout ratio might seem low, this can signify that Woodward is investing more in its future growth.

Woodward's most recent dividend payout was on 1 June 2021. The latest dividend was paid out to all shareholders who bought their stocks by 17 May 2021 (the "ex-dividend date").

Have Woodward stocks ever split?

Woodward stocks were split on a 2:1 basis on 15 February 2008. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Woodward stocks – just the quantity. However, indirectly, the new 50% lower stock price could have impacted the market appetite for Woodward stocks which in turn could have impacted Woodward's stock price.

Woodward stock price volatility

Over the last 12 months, Woodward's stocks have ranged in value from as little as $72.8973 up to $130.5757. A popular way to gauge a stock's volatility is its "beta".

WWD.US volatility(beta: 1.72)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a stocks volatility in relation to the market. The market (NASDAQ average) beta is 1, while Woodward's is 1.7203. This would suggest that Woodward's stocks are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Woodward overview

Woodward, Inc. designs, manufactures, and services control solutions for the aerospace and industrial markets worldwide. The company operates in two segments, Aerospace and Industrial. The Aerospace segment offers fuel pumps, metering units, actuators, air valves, specialty valves, fuel nozzles, and thrust reverser actuation systems for turbine engines and nacelles; and flight deck controls, actuators, servo controls, and motors and sensors for aircraft that are used on commercial and private aircraft and rotorcraft, as well as on military fixed-wing aircraft and rotorcraft, guided weapons, and other defense systems. It also provides aftermarket maintenance, repair and overhaul, and other services to commercial airlines, repair facilities, military depots, third party repair shops, and other end users. This segment sells its products to original equipment manufacturers (OEMs), tier-one suppliers, and various contractors, as well as through aftermarket sales of components, such as provisioning spares or replacements, and spare parts. The Industrial segment designs, produces, and services systems and products for the management of fuel, air, fluids, gases, motion, combustion, and electricity. Its products include actuators, valves, pumps, fuel injection systems, solenoids, ignition systems, speed controls, electronics and software, power converters, sensors, and other devices that measure, communicate, and protect electrical distribution systems for use in industrial gas turbines, steam turbines, reciprocating engines, electric power generation and power distribution systems, wind turbines, and compressors. This segment sells its aftermarket products, and other related services to OEMs through an independent network of distributors, as well as directly to end users. The company was founded in 1870 and is headquartered in Fort Collins, Colorado.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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