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 additionally these days commented on WDFC. Zacks Investment Research cut WD-forty from a purchase score to a hold rating in a document on Wednesday, March thirteenth. ValuEngine cut WD-forty from a sturdy-buy rating to a purchase score in a document on Wednesday, March 20th. 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, 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 ninth. 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 one.30 million at some stage in the quarter, as compared to the consensus estimate of $104.10 million. During the identical quarter in the preceding year, the company earned $1.05 earnings according to proportion. WD-forty’s revenue for the region become 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 additionally currently introduced a quarterly dividend, so one can be paid on Wednesday, July 31st. Investors of record on Friday, July 19th might be issued a $zero.Sixty-one dividend. This represents a $2.Forty-four dividend on an annualized basis and a dividend yield of 1.54%. The ex-dividend date of this dividend is Thursday, July 18th. 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 18th. The stock turned into bought at an average fee of $164.30, for a total cost of $a hundred thirty-five,054.60. The sale becomes disclosed in a legal filing with the SEC, which can be accessed thru this hyperlink. Also, Director Daniel E. Pittard offered 400 shares of the commercial enterprise’s inventory in a transaction that took place on Thursday, April 18th. 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 means of organization insiders.
Hedge price range and other institutional traders have currently delivered to or reduced their stakes inside the inventory. TD Asset Management Inc. Raised its position in WD-forty with the aid of 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 stocks over the past zone. California Public Employees Retirement System accelerated its function in stocks 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 stocks 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 an additional a hundred and one shares 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 by means of 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 by means of institutional traders and hedge budget.