"They bounced back really nicely quarter over quarter," said William Bremer, senior equity analyst for New York City-based Maxim Group.
"In aerospace, it's all about content and it's all about the future," Bremer
"Even though these next generation of jets... are not out yet, (Woodward) has significantly more content on them.
The market is starting to realize this."
By the end of the year, margins will improve when Woodward
delivers content for next generation aircraft, said Bremer
, who has rated Woodward
stock a "buy" with a price target of $50.
"The investments that they've made in the past have definitely paid dividends, and we're starting to see that," he