Wd 40 Company Stock Today

WDFC Stock  USD 253.31  3.60  1.44%   

Performance

4 of 100

 
Low
 
High
Insignificant

Odds Of Distress

Less than 9

 
100  
 
Zero
Low
WD 40 is trading at 253.31 as of the 29th of March 2024, a 1.44% increase since the beginning of the trading day. The stock's open price was 249.71. WD 40 has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for WD 40 Company are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2023 and ending today, the 29th of March 2024. Click here to learn more.
Business Domain
Household & Personal Products
IPO Date
26th of March 1990
Category
Basic Materials
Classification
Consumer Staples
WD-40 Company develops and sells maintenance products, and homecare and cleaning products in the Americas, Europe, the Middle East, Africa, Australia, and the Asia Pacific. The company was founded in 1953 and is headquartered in San Diego, California. The company has 13.56 M outstanding shares of which 1.52 M shares are at this time shorted by private and institutional investors with about 17.26 trading days to cover. More on WD 40 Company

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WDFC Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. WD 40's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding WD 40 or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO and President and DirectorGarry Ridge
Thematic IdeaChemicals (View all Themes)
Business ConcentrationHousehold Products, Household & Personal Products, Consumer Staples, SP Small-Cap 600, NASDAQ Composite, NASDAQ Composite Total, Chemicals, Consumer Staples, Household Products, Specialty Chemicals, Basic Materials (View all Sectors)
Average Analyst Recommendation
Analysts covering WD 40 report their recommendations after researching WD 40's financial statements, talking to executives and customers, or listening in on WD 40's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering WD-40 Company. The WDFC consensus assessment is calculated by taking the average forecast from all of the analysts covering WD 40.
WD 40's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to WD 40's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand WD 40's financial leverage. It provides some insight into what part of WD 40's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on WD 40's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how WD 40 deploys its capital and how much of that capital is borrowed.
Liquidity
WD 40 cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 128.52 M in liabilities with Debt to Equity (D/E) ratio of 0.82, which is about average as compared to similar companies. WD-40 Company has a current ratio of 2.21, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist WD 40 until it has trouble settling it off, either with new capital or with free cash flow. So, WD 40's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like WD-40 Company sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for WDFC to invest in growth at high rates of return. When we think about WD 40's use of debt, we should always consider it together with cash and equity.

Change In Cash

12.44 Million
WD 40 Company (WDFC) is traded on NASDAQ Exchange in USA. It is located in 9715 Businesspark Avenue, San Diego, CA, United States, 92131 and employs 613 people. WD 40 is listed under Household Products category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.39 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate WD 40's market, we take the total number of its shares issued and multiply it by WD 40's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. WD-40 Company conducts business under Household Products sector and is part of Consumer Staples industry. The entity has 13.56 M outstanding shares of which 1.52 M shares are at this time shorted by private and institutional investors with about 17.26 trading days to cover. WD 40 Company currently holds about 37.84 M in cash with 98.39 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.79.
Check WD 40 Probability Of Bankruptcy
Ownership Allocation
WD 40 Company shows a total of 13.56 Million outstanding shares. The majority of WD-40 Company outstanding shares are owned by institutions. These other corporate entities are usually referred to as non-private investors looking to purchase positions in WD 40 Company to benefit from reduced commissions. Hence, outside corporations are subject to a different set of regulations than regular investors in WD-40 Company. Please pay attention to any change in the institutional holdings of WD 40 as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check WDFC Ownership Details

WDFC Stock Price Odds Analysis

What are WD 40's target price odds to finish over the current price? Based on a normal probability distribution, the odds of WD 40 jumping above the current price in 90 days from now is about 63.48%. The WD 40 Company probability density function shows the probability of WD 40 stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.2771. This entails as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, WD 40 will likely underperform. Additionally, wD 40 Company has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 253.31HorizonTargetOdds Above 253.31
36.27%90 days
 253.31 
63.48%
Based on a normal probability distribution, the odds of WD 40 to move above the current price in 90 days from now is about 63.48 (This WD 40 Company probability density function shows the probability of WDFC Stock to fall within a particular range of prices over 90 days) .

WDFC Stock Institutional Holders

Institutional Holdings refers to the ownership stake in WD 40 that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of WD 40's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing WD 40's value.
InstituionRecorded OnShares
Geneva Capital Management2023-12-31
217.3 K
Northern Trust Corp2023-12-31
195.7 K
Renaissance Technologies Corp2023-12-31
187.1 K
Principal Financial Group Inc2023-12-31
185.6 K
Bank Of New York Mellon Corp2023-12-31
144 K
Charles Schwab Investment Management Inc2023-12-31
136.1 K
Marshall Wace Asset Management Ltd2023-12-31
127.9 K
Man Group Plc2023-12-31
102.6 K
Goldman Sachs Group Inc2023-12-31
101 K
Blackrock Inc2023-12-31
2.1 M
Apg All Pensions Group2023-12-31
1.8 M
View WD 40 Diagnostics

WD 40 Historical Income Statement

WD 40 Company Income Statement is one of the three primary financial statements used for reporting WDFC's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of WD-40 Company revenue and expense. WD 40 Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, WD 40's Total Revenue is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 331.1 M, whereas Interest Expense is forecasted to decline to about 6.1 M. View More Fundamentals

WDFC Stock Against Markets

Picking the right benchmark for WD 40 stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in WD 40 stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for WD 40 is critical whether you are bullish or bearish towards WD 40 Company at a given time. Please also check how WD 40's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in WD 40 without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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WD 40 Corporate Directors

WD 40 corporate directors refer to members of a WD 40 board of directors. The board of directors generally takes responsibility for the WD 40's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of WD 40's board members must vote for the resolution. The WD 40 board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Daniel CarterDirectorProfile
Wendy KelleyDirector - Investor Relations and Corporate CommunicationsProfile
Mario CrivelloIndependent DirectorProfile
Peter BewleyIndependent DirectorProfile

How to buy WDFC Stock?

Before investing in WD 40, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in WD 40. To buy WD 40 stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of WD 40. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase WD 40 stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located WD 40 Company stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased WD 40 Company stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as WD 40 Company, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy WDFC Stock please use our How to Invest in WD 40 guide.

Already Invested in WD 40 Company?

The danger of trading WD 40 Company is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of WD 40 is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than WD 40. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile WD-40 Company is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether WD-40 Company offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of WD 40's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Wd 40 Company Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wd 40 Company Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WD 40 Company. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
Note that the WD-40 Company information on this page should be used as a complementary analysis to other WD 40's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.

Complementary Tools for WDFC Stock analysis

When running WD 40's price analysis, check to measure WD 40's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy WD 40 is operating at the current time. Most of WD 40's value examination focuses on studying past and present price action to predict the probability of WD 40's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WD 40's price. Additionally, you may evaluate how the addition of WD 40 to your portfolios can decrease your overall portfolio volatility.
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Is WD 40's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of WD 40. If investors know WDFC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about WD 40 listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.255
Dividend Share
3.37
Earnings Share
5.09
Revenue Per Share
40.734
Quarterly Revenue Growth
0.124
The market value of WD-40 Company is measured differently than its book value, which is the value of WDFC that is recorded on the company's balance sheet. Investors also form their own opinion of WD 40's value that differs from its market value or its book value, called intrinsic value, which is WD 40's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because WD 40's market value can be influenced by many factors that don't directly affect WD 40's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between WD 40's value and its price as these two are different measures arrived at by different means. Investors typically determine if WD 40 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WD 40's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.