Latest news with #Woodward
Yahoo
2 days ago
- Business
- Yahoo
Woodward completes acquisition of Safran's NA electromechanical business
Woodward (WWD) has completed its acquisition of Safran's Electronics & Defense electromechanical actuation business based in the United States, Mexico, and acquisition, first announced in December 2024, includes intellectual property, operations assets, talent, and long-term customer agreements, including those for Horizontal Stabilizer Trim Actuation systems for aircraft stabilization to support safe and efficient flight, notably used for the Airbus A350. The A350 HSTA, a key product within the acquired portfolio, represents one of the most advanced electromechanical control technologies in large commercial aviation. The transaction also includes other electromechanical products and electronic control units with a portfolio of commercial and business aircraft applications. Teams will now work to ensure the integration process supports an efficient transition for team members and for customers. This acquisition was made in the ordinary course of business. It is not financially material, and therefore the financial terms of the transaction are not disclosed at this time. Additional information, if any, will be disclosed in upcoming periodic reports, in compliance with applicable rules. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top stocks recommended by analysts >> Read More on WWD: Disclaimer & DisclosureReport an Issue Woodward price target raised to $294 from $267 at Truist Woodward price target raised to $320 from $291 at Deutsche Bank Woodward removed from US Conviction List at Goldman Sachs Woodward selected by Airbus as supplier for hydraulic A350 SPA Woodward price target raised to $267 from $232 at Truist
Yahoo
3 days ago
- Business
- Yahoo
Woodward (WWD) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release
Wall Street expects a year-over-year decline in earnings on higher revenues when Woodward (WWD) reports results for the quarter ended June 2025. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 28. On the other hand, if they miss, the stock may move lower. While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. Zacks Consensus Estimate This maker of cockpit controls and other equipment for the defense and aerospace markets is expected to post quarterly earnings of $1.62 per share in its upcoming report, which represents a year-over-year change of -0.6%. Revenues are expected to be $887.75 million, up 4.7% from the year-ago quarter. Estimate Revisions Trend The consensus EPS estimate for the quarter has been revised 1.96% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts. Price, Consensus and EPS Surprise Earnings Whisper Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP. Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). How Have the Numbers Shaped Up for Woodward? For Woodward, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +4.29%. On the other hand, the stock currently carries a Zacks Rank of #2. So, this combination indicates that Woodward will most likely beat the consensus EPS estimate. Does Earnings Surprise History Hold Any Clue? Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number. For the last reported quarter, it was expected that Woodward would post earnings of $1.44 per share when it actually produced earnings of $1.69, delivering a surprise of +17.36%. Over the last four quarters, the company has beaten consensus EPS estimates four times. Bottom Line An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. Woodward appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. An Industry Player's Expected Results Another stock from the Zacks Aerospace - Defense Equipment industry, Moog (MOG.A), is soon expected to post earnings of $2.1 per share for the quarter ended June 2025. This estimate indicates a year-over-year change of +10%. Revenues for the quarter are expected to be $912.48 million, up 0.9% from the year-ago quarter. The consensus EPS estimate for Moog has been revised 1% lower over the last 30 days to the current level. However, a higher Most Accurate Estimate has resulted in an Earnings ESP of +1.27%. This Earnings ESP, combined with its Zacks Rank #2 (Buy), suggests that Moog will most likely beat the consensus EPS estimate. The company beat consensus EPS estimates in each of the trailing four quarters. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Woodward, Inc. (WWD) : Free Stock Analysis Report Moog Inc. (MOG.A) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 days ago
- Business
- Yahoo
Woodward (WWD): Buy, Sell, or Hold Post Q1 Earnings?
Since July 2020, the S&P 500 has delivered a total return of 93.1%. But one standout stock has more than doubled the market - over the past five years, Woodward has surged 228% to $258 per share. Its momentum hasn't stopped as it's also gained 34% in the last six months thanks to its solid quarterly results, beating the S&P by 30%. Is now the time to buy Woodward, or should you be careful about including it in your portfolio? See what our analysts have to say in our full research report, it's free. Why Is Woodward Not Exciting? We're glad investors have benefited from the price increase, but we're cautious about Woodward. Here are three reasons why WWD doesn't excite us and a stock we'd rather own. 1. Long-Term Revenue Growth Disappoints Reviewing a company's long-term sales performance reveals insights into its quality. Any business can put up a good quarter or two, but many enduring ones grow for years. Over the last five years, Woodward grew its sales at a sluggish 2.8% compounded annual growth rate. This fell short of our benchmarks. 2. EPS Barely Growing Analyzing the long-term change in earnings per share (EPS) shows whether a company's incremental sales were profitable – for example, revenue could be inflated through excessive spending on advertising and promotions. Woodward's weak 3.1% annual EPS growth over the last five years aligns with its revenue performance. On the bright side, this tells us its incremental sales were profitable. 3. Free Cash Flow Margin Dropping Free cash flow isn't a prominently featured metric in company financials and earnings releases, but we think it's telling because it accounts for all operating and capital expenses, making it tough to manipulate. Cash is king. As you can see below, Woodward's margin dropped by 12.9 percentage points over the last five years. If its declines continue, it could signal increasing investment needs and capital intensity. Woodward's free cash flow margin for the trailing 12 months was 9.4%. Final Judgment Woodward's business quality ultimately falls short of our standards. With its shares beating the market recently, the stock trades at 39× forward P/E (or $258 per share). This valuation tells us it's a bit of a market darling with a lot of good news priced in - we think there are better stocks to buy right now. We'd recommend looking at our favorite semiconductor picks and shovels play. High-Quality Stocks for All Market Conditions Trump's April 2024 tariff bombshell triggered a massive market selloff, but stocks have since staged an impressive recovery, leaving those who panic sold on the sidelines. Take advantage of the rebound by checking out our Top 9 Market-Beating Stocks. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CNBC
5 days ago
- Politics
- CNBC
Donald Trump's lawsuit against Bob Woodward over audiobook is dismissed
A federal judge on Friday dismissed U.S. President Donald Trump's nearly $50 million lawsuit against the journalist Bob Woodward for publishing tapes from interviews for his 2020 best-seller "Rage" as an audiobook. The decision by U.S. District Judge Paul Gardephe in Manhattan is a victory for Woodward, his publisher, Simon & Schuster, and its former owner, Paramount Global. Woodward interviewed Trump 19 times between December 2019 and August 2020, and approximately 20% of "Rage" was derived from these interviews. The book was released in September 2020, while the audiobook "The Trump Tapes," including Woodward's commentary, was released in October 2022. In a 59-page decision, Gardephe stated that Trump did not plausibly allege that he and Woodward intended to be joint authors of "The Trump Tapes," noting that Simon & Schuster credited Trump as a "reader" while crediting Woodward as the author. The judge, an appointee of Republican President George W. Bush, also stated that Trump did not demonstrate he had a copyright interest in his stand-alone responses to Woodward's questions. Gardephe also stated that federal copyright law preempted Trump's state-law-based claims. He gave Trump until August 18 to amend his complaint a third time. A spokesperson for Trump's legal team said in a statement: "In another biased action by a New York Court, this wrongful decision was issued without even affording President Trump the basic due process of a hearing. We will continue to ensure that those who commit wrongdoing against President Trump and all Americans are held accountable." Lawyers for Woodward, Simon & Schuster and Paramount did not immediately respond to requests for comment. The defendants had argued that federal law barred Trump from copyrighting interviews conducted as part of his official duties, and that no president before him ever demanded royalties for publishing presidential interviews. They also referred to Woodward as the "sole architect and true author" of the interviews, just as journalists like the late Walter Cronkite and Barbara Walters were in their interviews with other presidents. Woodward also stated that his interviews reflected "classic news reporting," which helped convey accurate information to the public, and thus constituted "fair use." Trump was sued in January 2023, claiming he had told Woodward repeatedly that the interviews were intended solely for the book. Woodward said he never agreed to that restriction. The $49.98 million damages request was based on what Trump's lawyers called projected sales of 2 million audiobooks at $24.99 each. Paramount sold Simon & Schuster in October 2023 to private equity firm KKR KKR.N for $1.62 billion in cash. The case is
New Straits Times
5 days ago
- Business
- New Straits Times
Donald Trump's lawsuit against Bob Woodward over audiobook is dismissed
NEW YORK: Donald Trump cannot pursue his nearly US$50 million lawsuit against the journalist Bob Woodward for publishing tapes from interviews for his 2020 best-seller "Rage" as an audiobook, a federal judge ruled on Friday. The decision by US District Judge Paul Gardephe in Manhattan is a victory for Woodward, his publisher Simon & Schuster and its former owner Paramount Global. They had argued that federal law barred the US president from copyrighting interviews conducted as part of his official duties, and that no president before him ever demanded royalties for publishing presidential interviews. The defendants also called Woodward the "sole architect and true author" of the interviews, just as journalists like the late Walter Cronkite and Barbara Walters were in interviews with other presidents. Woodward also said his interviews reflected "classic news reporting" that helped convey accurate information to the public, and thus amounted to "fair use." Trump was interviewed by Woodward 19 times between December 2019 and August 2020, and about 20 per cent of "Rage" came from the interviews. The book was released in September 2020, while the audiobook "The Trump Tapes," including Woodward's commentary, was released in October 2022. Trump sued in January 2023, saying he told Woodward repeatedly that the interviews were meant solely for the book. Woodward said he never agreed to that restriction. The US$49.98 million damages request was based on what Trump's lawyers called projected sales of 2 million audiobooks at US$24.99 each. Paramount sold Simon & Schuster in October 2023 to private equity firm KKR for US$1.62 billion in cash. The case is Trump v Simon & Schuster Inc et al, US District Court, Southern District of New York, No. 23-06883.
