Analyst Ratings for WD-40 Co. (WDFC)Updated: 2017-07-27
WD-40 Co. (NASDAQ:WDFC) was awarded an average rating of Hold from investment analysts following the stock. WDFC had previously received a consensus rating of Hold a month ago.
3 analysts issued ratings on the stock, where 0 gave WDFC a buy rating, 1 gave an overweight rating, 2 issued a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
Many analysts weighed in on price targets for WDFC. The highest price target was 115, implying potential capital gains of 7.58 percent. The most pessimistic price target was 110, implying a possible loss of 2.9 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is -4.85 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.55 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 0.82 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts made negative revisions. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.
WDFC has an estimated earnings growth rate of -0.28 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. WDFC has a PEG ratio of -103.04.
WDFC has traded between a high of 121.10 and a low of 100.60 over the past year. The current market price is above the trailing year's low by 6.26 percent, and below the high by 11.73 percent. WDFC has a P/E ratio of 28.85. Investors typically compare the P/E ratio to a company's peers in the industry. The WDFC value stock report compares WDFC to some of its peers using value stock charts. The market cap of WDFC is $1.49 billion. WDFC's next earnings release will be on 0000-00-00, which is days away.