WD-40 Co (NASDAQ: WDFC) has reported earnings for its third fiscal quarter (ending May 31) of $1.46 versus $1.39 for the same period a year ago — an increase of 5%. This result exceeded the consensus estimate of $1.44 by $0.02. For the latest four quarters through May 31, E.P.S. were $5.11 compared to $4.70 a year ago — an increase of 9%.
Recent Price Action
On 7/10/24, WD-40 Co (NASDAQ: WDFC) stock declined slightly by -0.5%, closing at $219.75. Moreover, trading volume in this decline was exceptionally high at 411% of normal. The stock has performed in line with the market over the last nine months and has risen 1.5% during the last week.
Current PriceTarget Research Rating
WDFC’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
WD-40 has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. WD-40 has a very low Appreciation Score of 10 but a neutral Power Rating of 53, resulting in the Lowest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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