Somewhat Positive News Coverage Somewhat Unlikely to Affect WD-40 (WDFC) Stock Price

News articles about WD-40 (NASDAQ:WDFC) have trended somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. WD-40 earned a news impact score of 0.18 on Accern’s scale. Accern also gave headlines about the specialty chemicals company an impact score of 47.2313748588641 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

These are some of the headlines that may have effected Accern Sentiment’s rankings:

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Shares of WDFC opened at $128.65 on Monday. The company has a debt-to-equity ratio of 1.05, a quick ratio of 3.29 and a current ratio of 3.90. The firm has a market capitalization of $1,797.76, a P/E ratio of 34.58, a PEG ratio of 3.27 and a beta of 0.54. WD-40 has a twelve month low of $100.60 and a twelve month high of $134.45.

WD-40 (NASDAQ:WDFC) last issued its earnings results on Thursday, April 5th. The specialty chemicals company reported $1.05 earnings per share for the quarter, topping the consensus estimate of $0.95 by $0.10. The business had revenue of $101.30 million for the quarter, compared to analyst estimates of $102.49 million. WD-40 had a return on equity of 40.28% and a net margin of 14.29%. The business’s quarterly revenue was up 5.0% on a year-over-year basis. During the same period last year, the company posted $0.87 EPS. equities research analysts expect that WD-40 will post 4.09 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Monday, April 30th. Investors of record on Friday, April 20th will be given a $0.54 dividend. This represents a $2.16 annualized dividend and a dividend yield of 1.68%. The ex-dividend date of this dividend is Thursday, April 19th. WD-40’s dividend payout ratio (DPR) is currently 58.06%.

A number of brokerages have weighed in on WDFC. BidaskClub raised WD-40 from a “hold” rating to a “buy” rating in a research note on Friday, February 23rd. Zacks Investment Research raised WD-40 from a “sell” rating to a “hold” rating in a research note on Wednesday, December 20th. B. Riley reissued a “hold” rating and set a $125.00 price target on shares of WD-40 in a research note on Thursday, January 18th. Finally, Jefferies Group set a $120.00 price target on WD-40 and gave the stock a “hold” rating in a research note on Friday. Four equities research analysts have rated the stock with a hold rating and one has issued a strong buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $128.75.

In related news, insider Geoffrey Holdsworth sold 1,690 shares of the stock in a transaction on Monday, January 29th. The stock was sold at an average price of $126.85, for a total value of $214,376.50. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Michael L. Freeman sold 4,861 shares of the stock in a transaction on Tuesday, February 13th. The stock was sold at an average price of $119.58, for a total value of $581,278.38. The disclosure for this sale can be found here. Company insiders own 3.90% 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.

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

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