Alert: New Earnings Report (10/17/24)-WD-40 Co (NASDAQ: WDFC).

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For its fourth fiscal quarter (ending August 31), WD-40 Co (NASDAQ: WDFC) has reported a 1% increase in E.P.S. from $1.22 a year ago to $1.23 in the current quarter. Relative to the consensus estimate of $1.31, this was a shortfall of $-0.08. For the latest four quarters through August 31, E.P.S. were $5.12 compared to $4.84 a year ago — an increase of 6%.

Recent Price Action

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WD-40 Co (NASDAQ: WDFC) stock rose modestly by 0.4% on 10/17/24. The stock closed at $264.78. Moreover, this advance was accompanied by unusually high trading volume at 170% of normal. The stock has performed in line with the market over the last nine months and has risen 3.5% 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 9 but a neutral Power Rating of 53, leading to 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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