The price-to-earnings ratio for WD-40 Co. (NASDAQ: WDFC) is above average at 46.46x, Company’s 36-month beta value is -0.07.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for WDFC is 13.41M, and currently, short sellers hold a 11.11% ratio of that floaft. The average trading volume of WDFC on April 11, 2024 was 125.88K shares.
WDFC) stock’s latest price update
The stock of WD-40 Co. (NASDAQ: WDFC) has decreased by -8.60 when compared to last closing price of 255.11.Despite this, the company has seen a loss of -6.39% in its stock price over the last five trading days. MarketBeat reported 2024-04-10 that WD-40 Company NASDAQ: WDFC is a multi-faceted investment thesis centered on growth and operational quality. The company has worked hard to invigorate growth and improve margins and made another significant step forward in Q2.
WDFC’s Market Performance
WD-40 Co. (WDFC) has seen a -6.39% fall in stock performance for the week, with a -6.96% decline in the past month and a -1.45% plunge in the past quarter. The volatility ratio for the week is 4.53%, and the volatility levels for the past 30 days are at 2.65% for WDFC. The simple moving average for the past 20 days is -7.35% for WDFC’s stock, with a 0.95% simple moving average for the past 200 days.
Analysts’ Opinion of WDFC
Many brokerage firms have already submitted their reports for WDFC stocks, with DA Davidson repeating the rating for WDFC by listing it as a “Buy.” The predicted price for WDFC in the upcoming period, according to DA Davidson is $205 based on the research report published on July 18, 2022 of the previous year 2022.
BWS Financial, on the other hand, stated in their research note that they expect to see WDFC reach a price target of $88. The rating they have provided for WDFC stocks is “Sell” according to the report published on July 14th, 2022.
WDFC Trading at -9.83% from the 50-Day Moving Average
After a stumble in the market that brought WDFC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -16.36% of loss for the given period.
Volatility was left at 2.65%, however, over the last 30 days, the volatility rate increased by 4.53%, as shares sank -8.11% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -12.09% lower at present.
During the last 5 trading sessions, WDFC fell by -6.39%, which changed the moving average for the period of 200-days by +26.65% in comparison to the 20-day moving average, which settled at $250.65. In addition, WD-40 Co. saw -2.46% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at WDFC starting from LINDEMAN JEFFREY G, who purchase 182 shares at the price of $272.42 back on Feb 12 ’24. After this action, LINDEMAN JEFFREY G now owns 3,073 shares of WD-40 Co., valued at $49,580 using the latest closing price.
Olsem Patricia Q, the Division President, Americas of WD-40 Co., sale 420 shares at $200.00 during a trade that took place back on Jun 14 ’23, which means that Olsem Patricia Q is holding 2,323 shares at $84,000 based on the most recent closing price.
Stock Fundamentals for WDFC
Current profitability levels for the company are sitting at:
- 0.17 for the present operating margin
- 0.52 for the gross margin
The net margin for WD-40 Co. stands at 0.13. The total capital return value is set at 0.29. Equity return is now at value 32.99, with 15.29 for asset returns.
Based on WD-40 Co. (WDFC), the company’s capital structure generated 0.36 points at debt to capital in total, while cash flow to debt ratio is standing at 0.95. The debt to equity ratio resting at 0.56. The interest coverage ratio of the stock is 17.03.
Currently, EBITDA for the company is 98.93 million with net debt to EBITDA at 0.63. When we switch over and look at the enterprise to sales, we see a ratio of 5.84. The receivables turnover for the company is 5.27for trailing twelve months and the total asset turnover is 1.25. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.27.
Conclusion
In a nutshell, WD-40 Co. (WDFC) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
