WD-40 (NASDAQ:WDFC) Earns Daily News Sentiment Score of 0.13

Media headlines about WD-40 (NASDAQ:WDFC) have trended somewhat positive this week, Accern reports. Accern rates the sentiment of news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. WD-40 earned a news impact score of 0.13 on Accern’s scale. Accern also assigned news articles about the specialty chemicals company an impact score of 46.0795430167098 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Shares of WD-40 (NASDAQ WDFC) traded down $0.35 during trading hours on Friday, reaching $118.00. 57,198 shares of the company’s stock traded hands, compared to its average volume of 47,817. 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 has a 52 week low of $100.60 and a 52 week high of $122.65. The firm has a market cap of $1,652.68, a P/E ratio of 31.72, a P/E/G ratio of 3.08 and a beta of 0.67.

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

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 31st. Stockholders of record on Friday, January 19th will be paid a $0.54 dividend. The ex-dividend date is Thursday, January 18th. This is an increase from WD-40’s previous quarterly dividend of $0.49. This represents a $2.16 dividend on an annualized basis and a dividend yield of 1.83%. WD-40’s dividend payout ratio is 52.69%.

WDFC has been the subject of a number of research analyst reports. FBR & Co restated a “neutral” rating and issued a $122.00 target price (up from $115.00) on shares of WD-40 in a research report on Friday, October 20th. Zacks Investment Research downgraded WD-40 from a “hold” rating to a “sell” rating in a research report on Tuesday, October 24th. BidaskClub downgraded WD-40 from a “buy” rating to a “hold” rating in a research report on Tuesday, December 12th. Finally, B. Riley reiterated a “neutral” rating on shares of WD-40 in a research report on Wednesday, November 1st. Five analysts have rated the stock with a hold rating, The company presently has a consensus rating of “Hold” and an average price target of $117.25.

In other news, VP Jay Rembolt sold 676 shares of the company’s stock in a transaction on Monday, October 9th. The shares were sold at an average price of $112.60, for a total value of $76,117.60. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 3.90% of the company’s stock.

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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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