WD-40 (WDFC) Getting Somewhat Favorable Media Coverage, Accern Reports
News articles about WD-40 (NASDAQ:WDFC) have trended somewhat positive on Monday, according to Accern. The research group identifies positive and negative news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. WD-40 earned a news impact score of 0.10 on Accern’s scale. Accern also assigned press coverage about the specialty chemicals company an impact score of 45.9865180837823 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
WD-40 (NASDAQ:WDFC) opened at $114.50 on Monday. The company has a market cap of $1,598.88, a price-to-earnings ratio of 30.78, a P/E/G ratio of 2.98 and a beta of 0.66. WD-40 has a one year low of $100.60 and a one year high of $119.90. The company has a debt-to-equity ratio of 0.96, a quick ratio of 2.51 and a current ratio of 2.98.
WD-40 (NASDAQ:WDFC) last issued its quarterly earnings data on Thursday, October 19th. The specialty chemicals company reported $1.01 EPS for the quarter, topping analysts’ consensus estimates of $0.97 by $0.04. WD-40 had a net margin of 13.91% and a return on equity of 39.82%. The firm had revenue of $96.60 million for the quarter, compared to analyst estimates of $106.01 million. During the same quarter in the prior year, the firm earned $0.99 EPS. The company’s revenue was down .6% on a year-over-year basis. equities analysts predict that WD-40 will post 3.85 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 31st. Shareholders of record on Friday, October 20th were issued a dividend of $0.49 per share. This represents a $1.96 dividend on an annualized basis and a yield of 1.71%. The ex-dividend date of this dividend was Thursday, October 19th. WD-40’s dividend payout ratio is currently 52.69%.
WDFC has been the topic of a number of research analyst reports. FBR & Co reaffirmed a “neutral” rating and set a $122.00 price objective (up from $115.00) on shares of WD-40 in a research report on Friday, October 20th. Zacks Investment Research downgraded shares of WD-40 from a “hold” rating to a “sell” rating in a research report on Tuesday, October 24th. BidaskClub cut shares of WD-40 from a “hold” rating to a “sell” rating in a research note on Monday, July 31st. Finally, B. Riley restated a “neutral” rating on shares of WD-40 in a research note on Wednesday, November 1st. One equities research analyst has rated the stock with a sell rating and four have issued a hold rating to the company. WD-40 currently has an average rating of “Hold” and a consensus price target of $117.25.
In other news, VP Jay Rembolt sold 582 shares of the firm’s stock in a transaction dated Thursday, September 14th. The shares were sold at an average price of $110.00, for a total value of $64,020.00. Following the transaction, the vice president now owns 37,632 shares of the company’s stock, valued at approximately $4,139,520. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 3.90% of the stock is currently owned by company insiders.
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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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