Cowen & Co. analyst Gautam Khanna maintained a Hold rating on Woodward (NASDAQ:WWD) on Thursday, setting a price target of $100, which is approximately 13.30% below the present share price of $115.34.
Khanna expects Woodward to post earnings per share (EPS) of $0.92 for the fourth quarter of 2020.
The current consensus among 7 TipRanks analysts is for a Moderate Buy rating of shares in Woodward, with an average price target of $104.2.
The analysts price targets range from a high of $130 to a low of $70.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $531.26 million and a net profit of $56 million. The company's market cap is $7.15 billion.
According to TipRanks.com, Cowen & Co. analyst Gautam Khanna is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 9.5% and a 66.78% success rate.
Woodward, Inc. engages in the provision of control system solutions and components for the aerospace and industrial markets. It operates through the Aerospace and Industrial segment. The Aerospace segment designs, manufactures, and services systems and products for the management of fuel, air, combustion and motion control. The Industrial segment includes the design and services systems and products for the management of fuel, air, fluids, gases, electricity, motion, and combustion. The company was founded by Amos W. Woodward in 1870 and is headquartered in Fort Collins, CO.