Wall Street anticipates an EPS of $1.26 and revenues of $811.2 million for the upcoming quarter.
Despite an expected 8.3% decline in EPS year-over-year, revenue is projected to increase by 3.8%.
Woodward’s financial health is solid, with a debt-to-equity ratio of 0.43 and a current ratio of 1.96.
Woodward, Inc. (NASDAQ:WWD) is a prominent player in the aerospace and industrial sectors, providing control solutions for engines, turbines, and other equipment. As the company prepares to release its quarterly earnings on November 25, 2024, Wall Street analysts have set their sights on an earnings per share (EPS) of $1.26 and projected revenues of approximately $811.2 million.
The stability in Woodward’s earnings projections over the past month is noteworthy. Analysts have not adjusted their forecasts, suggesting confidence in the company’s performance. This stability is important as changes in earnings estimates can impact investor sentiment and influence short-term stock price movements.
Woodward’s financial metrics provide further insight into its market valuation. With a price-to-earnings (P/E) ratio of 27.94, investors are willing to pay a premium for each dollar of earnings. The price-to-sales ratio of 3.16 and enterprise value to sales ratio of 3.36 reflect the market’s valuation of the company’s revenue and total worth, respectively.
The company’s financial health is underscored by its debt-to-equity ratio of 0.43, indicating a moderate level of debt. A current ratio of 1.96 suggests Woodward has a strong ability to meet its short-term liabilities. Additionally, an earnings yield of 3.58% offers investors a return based on earnings, while the enterprise value to operating cash flow ratio of 24.24 highlights the company’s cash flow generation relative to its valuation.