Media coverage about WD-40 (NASDAQ:WDFC) has been trending somewhat positive on Friday, Accern Sentiment reports. Accern identifies negative and positive press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. WD-40 earned a news impact score of 0.07 on Accern’s scale. Accern also gave news articles about the specialty chemicals company an impact score of 46.6750746906617 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
WD-40 (NASDAQ:WDFC) traded up $0.35 during trading on Friday, hitting $112.90. The company’s stock had a trading volume of 37,797 shares, compared to its average volume of 67,388. The company has a market cap of $1,576.57, a P/E ratio of 30.35, a P/E/G ratio of 2.94 and a beta of 0.66. WD-40 has a 1-year low of $100.60 and a 1-year high of $119.90. The company has a current ratio of 2.98, a quick ratio of 2.51 and a debt-to-equity ratio of 0.96.
WD-40 (NASDAQ:WDFC) last released its quarterly earnings results on Thursday, October 19th. The specialty chemicals company reported $1.01 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.97 by $0.04. The business had revenue of $96.60 million during the quarter, compared to the consensus estimate of $106.01 million. WD-40 had a return on equity of 39.82% and a net margin of 13.91%. The business’s quarterly revenue was down .6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.99 EPS. equities research analysts forecast that WD-40 will post 3.85 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Tuesday, October 31st. Shareholders of record on Friday, October 20th were paid a dividend of $0.49 per share. The ex-dividend date was Thursday, October 19th. This represents a $1.96 dividend on an annualized basis and a dividend yield of 1.74%. WD-40’s dividend payout ratio is currently 52.69%.
A number of equities analysts have weighed in on WDFC shares. FBR & Co reissued a “neutral” rating and issued a $122.00 target price (up previously from $115.00) on shares of WD-40 in a research report on Friday, October 20th. Zacks Investment Research raised WD-40 from a “hold” rating to a “buy” rating and set a $121.00 target price for the company in a research report on Friday, September 1st. BidaskClub lowered WD-40 from a “hold” rating to a “sell” rating in a research report on Monday, July 31st. Finally, B. Riley reissued a “neutral” rating on shares of WD-40 in a research report on Wednesday, November 1st. One investment analyst has rated the stock with a sell rating and four have given a hold rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $117.25.
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In other WD-40 news, VP Jay Rembolt sold 676 shares of the business’s stock in a transaction dated Monday, October 9th. The stock was sold at an average price of $112.60, for a total transaction of $76,117.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 3.90% of the company’s stock.
WD-40 Company Profile
WD-40 Company is a global company engaged in developing and selling products, which solve problems in workshops, factories and homes. The Company’s segments include the Americas; Europe, Middle East and Africa (EMEA), and Asia-Pacific. The Company’s Americas segment includes the United States, Canada and Latin America.
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