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.

A number of analysts gave price targets for WDFC. The highest price target was 115, implying a possible profit of 7.58 percent. The lowest price target was 110, which equates to a potential downside of 2.9 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which 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. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.82 percent.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 2 analysts that decreased their estimates. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.

The growth rate of WDFC's earnings is estimated by analysts to be -0.28 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of WDFC is -103.04.

WDFC has a 52-week high of 121.10 and a 52-week low of 100.60. 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.