North America
Woodward Stock Jumps 31% in a Year: Can It Sustain the Momentum?
• Woodward Stock Jumps 31% in a Year: Can it sustain the momentum?
• The stock has seen a significant increase in value over the past year, with a total of $1,528.25.
• The stock has seen a positive percentage increase of 0.28%, indicating potential for sustained growth.
• The stock’s performance is influenced by factors such as the market conditions, the performance of other companies, and the company’s financial performance.
• The stock’s performance is influenced by factors such as the company’s financial performance, the market conditions, and the company’s management.
Woodward’s Investment Strategy and Outlook
• Woodward is investing in upgrading technologies to secure new businesses, including new manufacturing units and automation equipment.
• Advanced automation, including cobots, has improved operational efficiency at the Rockford facility.
• In fiscal 2024, Woodward completed a $55 million, multi-year transformation of the Aerospace Maintenance, Repair and Overhaul facility in Loves Park, IL.
• The company anticipates a significant decline in full-year revenues from China’s on-highway natural-gas trucks to $40 million, indicating a significant decline of $175 million from fiscal 2024.
• Industrial segment revenues are expected to decline in the band of 7-11% due to volatile China on-highway, supply-chain challenges in Aerospace, and prevailing weakness over global macroeconomic conditions.
• Woodward’s strong capital-allocation policy enables it to fund strategic initiatives like innovation and acquisitions, and boost capital returns.
• The company has returned $449 million to shareholders in fiscal 2024, with a hike in its quarterly dividend by 12% to 28 cents per share.
• Woodward approved a new three-year stock repurchase program in January 2024, allowing it to buy back up to $600 million worth of stock through open market or private transactions through 2027.
• The company’s momentum in Aerospace and core Industrial segments, discounted valuation, and shareholder returns make it an attractive investment for the long term.
