From MarketBeat:

Analysts at StockNews.com upgraded Woodward from a “buy” to a “strong-buy” rating, with multiple brokerages issuing various ratings. Shares of WWD are trading up 0.1% at $133.18. The company has a market cap of $8.00 billion, a P/E ratio of 35.33, and a 52-week high of $140.73. Woodward reported a quarterly revenue of $777.07 million and earnings per share of $1.33, beating the consensus estimate.

Insiders at Woodward have been active, with insider Randall Hobbs selling 404 shares at an average price of $133.60, and Director John D. Cohn selling 2,500 shares at an average price of $136.49. The company’s CEO, Thomas A. Gendron, sold 75,000 shares of the firm’s stock in a transaction on Tuesday, December 13th.

Institutional investors are also weighing in on Woodward, with a number of firms buying and selling shares. Morgan Stanley, BlackRock Inc., and State Street Corp. have significantly increased their holdings in the company. Woodward designs, manufactures, and services control solutions for the aerospace and industrial markets globally, operating in two segments: Aerospace and Industrial. The company’s Aerospace segment provides a variety of products for turbine engines and nacelles.

Woodward currently has a “hold” rating among analysts, but top-rated analysts are recommending other stocks over Woodward. MarketBeat has also released a list of 10 cheap stocks that may be seriously undervalued, but Woodward is not on the list.



Read more: Woodward (NASDAQ:WWD) Upgraded by StockNews.com to Strong-Buy