WD-40 (WDFC) Scheduled to Post Quarterly Earnings on Thursday

WD-40 (NASDAQ:WDFC) is set to announce its earnings results after the market closes on Thursday, October 17th. Analysts expect the company to announce earnings of $1.31 per share for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

WD-40 Stock Up 0.7 %

WDFC opened at $260.85 on Wednesday. The company has a current ratio of 2.27, a quick ratio of 1.56 and a debt-to-equity ratio of 0.40. WD-40 has a 1-year low of $194.09 and a 1-year high of $278.78. The company has a market capitalization of $3.53 billion, a PE ratio of 51.25 and a beta of -0.08. The firm’s 50 day simple moving average is $256.01 and its two-hundred day simple moving average is $242.12.

WD-40 Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 31st. Shareholders of record on Friday, October 18th will be given a $0.88 dividend. The ex-dividend date of this dividend is Friday, October 18th. This represents a $3.52 annualized dividend and a yield of 1.35%. WD-40’s payout ratio is presently 69.16%.

Analyst Ratings Changes

Separately, DA Davidson reduced their price objective on shares of WD-40 from $313.00 to $303.00 and set a “buy” rating for the company in a research note on Thursday, July 11th.

WD-40 Company Profile

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.