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

WD-40 (NASDAQ:WDFC) is set to post 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 are interested in participating in the company’s earnings conference call can do so using this link.

WD-40 Stock Performance

Shares of WDFC opened at $258.98 on Tuesday. The company has a quick ratio of 1.56, a current ratio of 2.27 and a debt-to-equity ratio of 0.40. The business has a 50-day simple moving average of $255.78 and a two-hundred day simple moving average of $242.07. The stock has a market cap of $3.51 billion, a price-to-earnings ratio of 50.88 and a beta of -0.08. WD-40 has a 52 week low of $194.09 and a 52 week high of $278.78.

WD-40 Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 31st. Stockholders of record on Friday, October 18th will be paid a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.36%. The ex-dividend date is Friday, October 18th. WD-40’s dividend payout ratio (DPR) is 69.16%.

Analyst Ratings Changes

Separately, DA Davidson dropped their price objective on WD-40 from $313.00 to $303.00 and set a “buy” rating for the company in a research note 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.