Woodward Stock: Long-Term Prospects Remain Strong Despite Recent Dip
Woodward(WWD) Seeking Alpha·2024-09-11 17:30
SCM Jeans In June, I covered Woodward (NASDAQ:WWD) with a buy rating and attached a $203.67 price tag to the stock. However, following the third quarter earnings release the stock has lost nearly 7% of its value. In this report, I will discuss the reasons for the decline in the stock prices and update my price target and rating. Woodward Earnings Climb On Sales Growth Slowing Q3 FISCAL YEAR 2024 CONSOLIDATED RESULTS FY 24 FY 23 FY 23 NET SALES $85 NET EARNINGS Million CASH FLOW EARNINGS PER S1.63 SHARE (EPS ...