WD-40 (WDFC) Receiving Somewhat Favorable Media Coverage, Analysis Shows

Media headlines about WD-40 (NASDAQ:WDFC) have been trending somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real-time. 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 media sentiment score of 0.13 on Accern’s scale. Accern also gave news articles about the specialty chemicals company an impact score of 46.0795430167098 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

WD-40 (NASDAQ:WDFC) opened at $120.20 on Thursday. The stock has a market capitalization of $1,688.29, a price-to-earnings ratio of 32.50, a price-to-earnings-growth ratio of 3.14 and a beta of 0.67. The company has a debt-to-equity ratio of 0.96, a current ratio of 2.98 and a quick ratio of 2.51. WD-40 has a 52-week low of $100.60 and a 52-week high of $122.65.

WD-40 (NASDAQ:WDFC) last released its quarterly earnings data on Thursday, October 19th. The specialty chemicals company reported $1.01 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.97 by $0.04. The firm had revenue of $96.60 million during the quarter, compared to analysts’ expectations of $106.01 million. WD-40 had a return on equity of 39.82% and a net margin of 13.91%. WD-40’s revenue was down .6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.99 earnings per share. equities analysts expect that WD-40 will post 3.85 EPS for the current fiscal year.

Several research analysts have issued reports on the company. Zacks Investment Research upgraded WD-40 from a “hold” rating to a “buy” rating and set a $119.00 price objective for the company in a research report on Friday, August 18th. B. Riley reiterated a “neutral” rating on shares of WD-40 in a research report on Wednesday, November 1st. FBR & Co reiterated a “neutral” rating and issued a $122.00 price objective (up previously from $115.00) on shares of WD-40 in a research report on Friday, October 20th. Finally, BidaskClub upgraded WD-40 from a “sell” rating to a “hold” rating in a research report on Saturday, August 26th. One analyst has rated the stock with a sell rating and four have given a hold rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $117.25.

In other WD-40 news, VP Jay Rembolt sold 676 shares of the company’s stock in a transaction on Monday, October 9th. The stock was sold at an average price of $112.60, for a total value of $76,117.60. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 3.62% of the stock is currently owned by corporate insiders.

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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.

Insider Buying and Selling by Quarter for WD-40 (NASDAQ:WDFC)

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