How Have the Numbers Shaped Up for WD-40 (NASDAQ:WDFC)

Earnings results for WD-40 (NASDAQ:WDFC)

WD-40 Company is expected* to report earnings on 10/19/2021 after market close. The report will be for the fiscal Quarter ending Aug 2021. According to Zacks Investment Research, based on 2 analysts’ forecasts, the consensus EPS forecast for the quarter is $1.24. The reported EPS for the same quarter last year was $1.42.

WD-40 last announced its quarterly earnings data on July 6th, 2021. The specialty chemicals company reported $1.52 earnings per share for the quarter, beating the consensus estimate of $1.15 by $0.37. The firm earned $136.41 million during the quarter, compared to analysts’ expectations of $108.30 million. Its revenue was up 38.8% compared to the same quarter last year. WD-40 has generated $4.40 earnings per share over the last year ($5.90 diluted earnings per share) and currently has a price-to-earnings ratio of 39.4. Earnings for WD-40 are expected to grow by 3.66% in the coming year, from $5.73 to $5.94 per share. WD-40 has confirmed that its next quarterly earnings report will be published on Tuesday, October 19th, 2021. WD-40 will be holding an earnings conference call on Tuesday, October 19th at 5:00 PM Eastern. Interested parties can .

Analyst Opinion on WD-40 (NASDAQ:WDFC)

According to the issued ratings of 1 analysts in the last year, the consensus rating for WD-40 stock is Hold based on the current 1 hold rating for WDFC. The average twelve-month price target for WD-40 is $277.00 with a high price target of $277.00 and a low price target of $277.00.

on WDFC’s analyst rating history

WD-40 has received a consensus rating of Hold. The company’s average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings. According to analysts’ consensus price target of $277.00, WD-40 has a forecasted upside of 19.3% from its current price of $232.21. WD-40 has received no research coverage in the past 90 days.

Dividend Strength: WD-40 (NASDAQ:WDFC)

WD-40 pays a meaningful dividend of 1.24%, higher than the bottom 25% of all stocks that pay dividends. WD-40 has been increasing its dividend for 10 years. The dividend payout ratio of WD-40 is 65.45%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WD-40 will have a dividend payout ratio of 48.48% next year. This indicates that WD-40 will be able to sustain or increase its dividend.

Insiders buying/selling: WD-40 (NASDAQ:WDFC)

In the past three months, WD-40 insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $8,295,770.00 in company stock. Only 1.85% of the stock of WD-40 is held by insiders. 87.38% of the stock of WD-40 is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of WD-40 (NASDAQ:WDFC

Earnings for WD-40 are expected to grow by 3.66% in the coming year, from $5.73 to $5.94 per share. The P/E ratio of WD-40 is 39.36, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.54. The P/E ratio of WD-40 is 39.36, which means that it is trading at a less expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 40.13. WD-40 has a P/B Ratio of 19.80. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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