WD-40 logoBidaskClub downgraded stocks of WD-40 (NASDAQ: WDFC) from a sell score to a robust promote score in a studies record document posted on Friday, June twenty-first, BidAskClub reviews.
Several different brokerages have these days additionally commented on WDFC. Zacks Investment Research cut WD-forty from a purchase score to a hold rating in a document on Wednesday, March 13. ValuEngine cut WD-forty from a sturdy-buy rating to a purchase score in a paper on Wednesday, March 20. One analyst has rated the stock with a sell rating, two have issued a maintain score, and two have given a buy rating to the inventory. The company has a median rating of Hold and a consensus target price of $164.50.
WDFC stock opened at $158.10 on Friday. The company has a market capitalization of $2.18 billion, a P/E ratio of 38.28, and a PEG ratio of three. Forty-seven and a beta of 0.30. The employer has a 50-day transferring common of $161.80. WD-40 has a fifty-two-week low of $143.Seventy-five and a fifty-two week excessive of $187.50. The employer has a debt-to-equity ratio of 0. Forty-one, a quick ratio of one. Forty-nine and a contemporary ratio of 2.07.
WD-40 (NASDAQ: WDFC) closing published its quarterly income consequences on Tuesday, April 9. The specialty chemicals company reported $1.14 EPS for the region, beating the Zacks consensus estimate of $1.12 by way of $0.02. WD-40 had a return on equity of 39.13% and a net margin of 16.24%. The commercial enterprise had revenue of $one hundred and $ 30 million at some stage in the quarter compared to the consensus estimate of $104.10 million. During the identical quarter in the preceding year, the company earned $1.05 according to proportion. WD-forty’s revenue for the region went up.Zero% as compared to the equal sector closing 12 months. As a collection, analysts anticipate that WD-40 will submit 4. Fifty-six EPS for the cutting-edge economic year.
The business enterprise also introduced a quarterly dividend to be paid on Wednesday, July thirty-first. On Friday, July 19, investors of record might be issued a $zero.Sixty-one dividend. This represents a $2—Forty-four dividend annually and a dividend yield of 1.54%. The ex-dividend date of this dividend is Thursday, July eighteenth. WD-forty’s dividend payout ratio is currently fifty-nine. 08%.
In related news, insider Steven A. Brass offered 822 shares of the inventory in a transaction on Thursday, April 18. The stock was bought at an average fee of $164.30, for a total cost of $ hundred thirty-five 054.60. The sale becomes disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Daniel E. Pittard offered 400 shares of the commercial enterprise’s inventory in a transaction on Thursday, April 18. The stock changed into purchased at a median price of $a hundred sixty-five.00 consistent with share, for a complete transaction of $ sixty-six,000.00. The disclosure for this buy can be observed here. 2.09% of the stock is owned by employing organization insiders.
Hedge price range and other institutional traders have delivered to or reduced their stakes inside the inventory. TD Asset Management Inc. raised its position in WD-forty by 16.7% within the 4th area. TD Asset Management Inc. Now owns 7,000 stocks of the forte chemical compounds company’s inventory valued at $1,283,000 after shopping for an additional 1,000 stores over the past zone. California Public Employees Retirement System accelerated its function in stores of WD-40 through three.Zero% all through the first area. California Public Employees Retirement System now owns 39,690 shares of the Uniqueness Chemicals corporation’s stock valued at $6,725,000 after shopping an additional 1,141 stores during the last zone.
Monument Capital Management elevated its position in shares of WD-forty by using 1.2% throughout the first region. Monument Capital Management now owns eight 382 stocks of the specialty chemical compounds employer’s inventory worth $1,420,000 after buying a hundred and one share over the last quarter. WP Advisors LLC purchased a brand new stake in shares of WD-forty at some stage in the first zone worth $35,000. Finally, First Trust Advisors LP elevated its position in stocks of WD-40, employing 3.1% for the duration of the 4th sector. First Trust Advisors LP now owns 40,142 shares of the uniqueness chemical compounds company’s inventory worth $7,356,000 after shopping an additional 1,220 shares during the last sector. 89.26% of the stock is owned employing institutional traders and hedge budget.
