Media stories about WD-40 (NASDAQ:WDFC) have been trending somewhat positive recently, Accern reports. Accern ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. WD-40 earned a media sentiment score of 0.20 on Accern’s scale. Accern also assigned news articles about the specialty chemicals company an impact score of 47.0397769369738 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the news articles that may have impacted Accern Sentiment’s rankings:
- Insider Selling: WD-40 (WDFC) Insider Sells 1,000 Shares of Stock (americanbankingnews.com)
- EX-Dividend Schedule: WD-40 Co. Has Raised Dividend for Six Consecutive Years; Will Trade Ex-Dividend on April 19, 2018 (finance.yahoo.com)
- Comparing Versum Materials (VSM) and WD-40 (WDFC) (americanbankingnews.com)
- Advisor Erik Østergaard Offers Proven Model for Modern Leadership in His Debut Book, “The Responsive Leader: How to Be a Fantastic Leader in a Constantly Changing World” (prweb.com)
Shares of WDFC stock opened at $135.55 on Thursday. The firm has a market cap of $1,894.76, a PE ratio of 36.44, a PEG ratio of 3.33 and a beta of 0.54. WD-40 has a one year low of $100.60 and a one year high of $137.70. The company has a debt-to-equity ratio of 0.99, a quick ratio of 3.04 and a current ratio of 3.65.
WD-40 (NASDAQ:WDFC) last announced its quarterly earnings data on Thursday, April 5th. The specialty chemicals company reported $1.05 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.95 by $0.10. The firm had revenue of $101.30 million for the quarter, compared to the consensus estimate of $102.49 million. WD-40 had a net margin of 14.29% and a return on equity of 39.25%. The company’s revenue was up 5.0% on a year-over-year basis. During the same period last year, the firm earned $0.87 EPS. equities analysts forecast that WD-40 will post 4.09 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Monday, April 30th. Stockholders of record on Friday, April 20th will be given a dividend of $0.54 per share. The ex-dividend date is Thursday, April 19th. This represents a $2.16 annualized dividend and a dividend yield of 1.59%. WD-40’s payout ratio is 58.06%.
Several research analysts have weighed in on WDFC shares. Zacks Investment Research upgraded shares of WD-40 from a “sell” rating to a “hold” rating in a research report on Wednesday, December 20th. B. Riley reiterated a “hold” rating and issued a $125.00 price target on shares of WD-40 in a research report on Thursday, January 18th. BidaskClub upgraded shares of WD-40 from a “hold” rating to a “buy” rating in a research report on Friday, February 23rd. Finally, Jefferies Group set a $120.00 price objective on shares of WD-40 and gave the company a “hold” rating in a research report on Friday, April 6th. Four research analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the stock. WD-40 currently has an average rating of “Hold” and an average price target of $128.75.
In other WD-40 news, insider Geoffrey Holdsworth sold 1,690 shares of WD-40 stock in a transaction on Monday, January 29th. The shares were sold at an average price of $126.85, for a total value of $214,376.50. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Steven A. Brass sold 1,000 shares of WD-40 stock in a transaction on Friday, April 13th. The shares were sold at an average price of $130.83, for a total transaction of $130,830.00. Following the completion of the sale, the insider now owns 5,211 shares in the company, valued at $681,755.13. The disclosure for this sale can be found here. Insiders have sold a total of 7,551 shares of company stock worth $926,485 over the last 90 days. Insiders own 3.62% of the company’s stock.
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WD-40 Company Profile
WD-40 Company engages in the development and sale of maintenance products, and homecare and cleaning products. It offers multi-purpose maintenance products, including aerosol sprays, non-aerosol trigger sprays, and in liquid-bulk form products under the WD-40 Multi-Use brand name for various consumer uses; specialty maintenance products, such as penetrants, degreasers, corrosion inhibitors, greases, lubricants, and rust removers under the WD-40 Specialist brand name; and bicycle maintenance products under the WD-40 Bike brand name comprising wet and dry chain lubricants, chain cleaners and degreasers, and foaming wash products that are designed for avid and recreational cyclists, bike enthusiasts, and mechanics.
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