Truist Securities has revised its price target for Woodward (WWD, Financial), lowering it from $229 to $205 while maintaining a Buy rating on the stock. This adjustment comes as the company prepares to release its first-quarter results in the Aerospace & Defense industry, which is expected to face a challenging environment marked by uncertainties and potential management visibility issues for future outlooks, particularly for 2025.
Truist analyst Michael Ciarmoli highlighted concerns over the impact of tariff implications and recessionary fears on this cyclically-sensitive sector. The ongoing economic uncertainty could cloud the earnings landscape, making it difficult for management teams to provide clear guidance moving forward.
In contrast, the firm suggests that investors might find greater security in the more resilient and predictable defense sector. This recommendation is bolstered by recent favorable developments in defense spending, which could provide a stable foundation amidst broader market volatility.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 10 analysts, the average target price for Woodward Inc (WWD, Financial) is $193.23 with a high estimate of $229.00 and a low estimate of $167.34. The average target implies an upside of 13.95% from the current price of $169.58. More detailed estimate data can be found on the Woodward Inc (WWD) Forecast page.
Based on the consensus recommendation from 12 brokerage firms, Woodward Inc's (WWD, Financial) average brokerage recommendation is currently 2.6, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Woodward Inc (WWD, Financial) in one year is $167.83, suggesting a downside of 1.03% from the current price of $169.58. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Woodward Inc (WWD) Summary page.
