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NASDAQ:WDFC

WD-40 (WDFC) Stock Price, News & Analysis

WD-40 logo
$249.94 -7.60 (-2.95%)
(As of 12/20/2024 05:31 PM ET)

About WD-40 Stock (NASDAQ:WDFC)

Key Stats

Today's Range
$248.14
$254.75
50-Day Range
$249.94
$290.11
52-Week Range
$211.03
$292.36
Volume
377,616 shs
Average Volume
105,416 shs
Market Capitalization
$3.39 billion
P/E Ratio
48.91
Dividend Yield
1.50%
Price Target
$301.00
Consensus Rating
Moderate Buy

Company Overview

WD-40 Company develops and sells maintenance products, and homecare and cleaning products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company provides multi-purpose maintenance products that include aerosol sprays, non-aerosol trigger sprays, precision pens, and in liquid-bulk form products under the WD-40 Multi-Use brand name; specialty maintenance products, such as penetrants, degreasers, corrosion inhibitors, greases, lubricants, and rust removers under the WD-40 Specialist brand; and bike-specific products. It also offers multi-purpose and specialty drip oils, and spray lubricant products, as well as other specialty maintenance products under the 3-IN-ONE brand name; and professional spray maintenance products and lubricants for the bike maintenance market under the GT85 brand name. In addition, the company provides automatic toilet bowl cleaners under the 2000 Flushes brand name; aerosol and liquid trigger carpet stain and odor eliminators under the Spot Shot brand; room and rug deodorizers under the Carpet Fresh brand name; carpet and household cleaners, and rug and room deodorizers under the 1001 brand; heavy-duty hand cleaner products under the Lava brand name in the United States, as well as under the Solvol brand name in Australia; and automatic toilet bowl cleaners under the X-14 brand name. It sells its products primarily through warehouse club stores, hardware stores, automotive parts outlets, industrial distributors and suppliers, mass retail and home center stores, value retailers, grocery stores, online retailers, farm supply, sport retailers, and independent bike dealers. WD-40 Company was founded in 1953 and is headquartered in San Diego, California.

WD-40 Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
45th Percentile Overall Score

WDFC MarketRank™: 

WD-40 scored higher than 45% of companies evaluated by MarketBeat, and ranked 103rd out of 146 stocks in the consumer staples sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    WD-40 has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    WD-40 has only been the subject of 2 research reports in the past 90 days.

  • Read more about WD-40's stock forecast and price target.
  • Earnings Growth

    Earnings for WD-40 are expected to grow by 12.69% in the coming year, from $5.36 to $6.04 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of WD-40 is 48.91, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.36.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of WD-40 is 48.91, which means that it is trading at a more expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 21.97.

  • Price to Book Value per Share Ratio

    WD-40 has a P/B Ratio of 14.69. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    8.43% of the float of WD-40 has been sold short.
  • Short Interest Ratio / Days to Cover

    WD-40 has a short interest ratio ("days to cover") of 12.1, which indicates bearish sentiment.
  • Change versus previous month

  • Dividend Yield

    WD-40 pays a meaningful dividend of 1.33%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    WD-40 does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of WD-40 is 73.58%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, WD-40 will have a dividend payout ratio of 62.25% next year. This indicates that WD-40 will be able to sustain or increase its dividend.

  • Read more about WD-40's dividend.
  • Percentage of Shares Shorted

    8.43% of the float of WD-40 has been sold short.
  • Short Interest Ratio / Days to Cover

    WD-40 has a short interest ratio ("days to cover") of 12.1, which indicates bearish sentiment.
  • Change versus previous month

  • News Sentiment

    WD-40 has a news sentiment score of 0.77. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Consumer Staples companies.
  • News Coverage This Week

    MarketBeat has tracked 8 news articles for WD-40 this week, compared to 5 articles on an average week.
  • MarketBeat Follows

    Only 1 people have added WD-40 to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, WD-40 insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $495,284.00 in company stock.

  • Percentage Held by Insiders

    Only 0.75% of the stock of WD-40 is held by insiders.

  • Percentage Held by Institutions

    91.52% of the stock of WD-40 is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about WD-40's insider trading history.
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WDFC Stock News Headlines

Can You Clean Headlights with WD-40?
People are only just discovering what WD-40 actually stands for
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WD-40 names Eric Etchart non-executive chairman of the board
WD-40 Company Announces Board Changes
See More Headlines

WDFC Stock Analysis - Frequently Asked Questions

WD-40's stock was trading at $239.07 at the beginning of 2024. Since then, WDFC shares have increased by 4.5% and is now trading at $249.94.
View the best growth stocks for 2024 here
.

WD-40 (NASDAQ:WDFC) issued its quarterly earnings results on Thursday, October, 17th. The specialty chemicals company reported $1.23 EPS for the quarter, missing analysts' consensus estimates of $1.34 by $0.11. The business's revenue was up 11.0% on a year-over-year basis.

WD-40's top institutional shareholders include State Street Corp (3.86%), Geode Capital Management LLC (2.79%), Conestoga Capital Advisors LLC (2.38%) and Geneva Capital Management LLC (1.56%). Insiders that own company stock include Steven A Brass, William B Noble, Geoffrey Holdsworth, Eric Etchart, David Pendarvis, Jeffrey G Lindeman, Sara Kathleen Hyzer, Patricia Q Olsem and Phenix Q Kiamilev.
View institutional ownership trends
.

Shares of WDFC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that WD-40 investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Broadcom (AVGO), Netflix (NFLX), Tesla (TSLA) and Exxon Mobil (XOM).

Company Calendar

Last Earnings
10/17/2024
Ex-Dividend for 10/31 Dividend
10/18/2024
Dividend Payable
10/31/2024
Today
12/22/2024
Ex-Dividend for 1/31 Dividend
1/17/2025
Dividend Payable
1/31/2025
Fiscal Year End
8/31/2025

Industry, Sector and Symbol

Industry
Miscellaneous chemical products
Sub-Industry
Household Products
Current Symbol
NASDAQ:WDFC
CUSIP
92923610
Employees
580
Year Founded
1953

Price Target and Rating

Average Stock Price Target
$301.00
High Stock Price Target
$322.00
Low Stock Price Target
$280.00
Potential Upside/Downside
+20.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$69.64 million
Pretax Margin
15.49%

Debt

Sales & Book Value

Annual Sales
$590.56 million
Cash Flow
$5.48 per share
Book Value
$17.01 per share

Miscellaneous

Free Float
13,452,000
Market Cap
$3.39 billion
Optionable
Optionable
Beta
-0.07

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This page (NASDAQ:WDFC) was last updated on 12/22/2024 by MarketBeat.com Staff
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