WD-40 (WDFC) Set to Announce Quarterly Earnings on Thursday

WD-40 (NASDAQ:WDFC) will be posting its quarterly earnings results after the market closes on Thursday, October 17th. Analysts expect WD-40 to post earnings of $1.31 per share for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

WD-40 Trading Down 0.6 %

WDFC stock opened at $258.98 on Tuesday. The company has a current ratio of 2.27, a quick ratio of 1.56 and a debt-to-equity ratio of 0.40. WD-40 has a 12-month low of $194.09 and a 12-month high of $278.78. The stock has a market cap of $3.51 billion, a price-to-earnings ratio of 50.88 and a beta of -0.08. The business’s 50-day moving average is $255.78 and its 200 day moving average is $242.07.

WD-40 Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 31st. Stockholders of record on Friday, October 18th will be issued a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a dividend yield of 1.36%. The ex-dividend date of this dividend is Friday, October 18th. WD-40’s dividend payout ratio is currently 69.16%.

Analyst Ratings Changes

Separately, DA Davidson lowered their target price on WD-40 from $313.00 to $303.00 and set a “buy” rating on the stock in a report on Thursday, July 11th.

About WD-40

WD-40 Company develops and sells maintenance products, and homecare and cleaning products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company provides multi-purpose maintenance products that include aerosol sprays, non-aerosol trigger sprays, precision pens, and in liquid-bulk form products under the WD-40 Multi-Use brand name; specialty maintenance products, such as penetrants, degreasers, corrosion inhibitors, greases, lubricants, and rust removers under the WD-40 Specialist brand; and bike-specific products.