WD-40 Director William B. Noble Sells 4,325 Shares (WDFC)
WD-40 (NASDAQ:WDFC) Director William B. Noble sold 4,325 shares of the stock on the open market in a transaction that occurred on Wednesday, February 12th. The shares were sold at an average price of $69.04, for a total value of $298,598.00. Following the sale, the director now directly owns 12,205 shares in the company, valued at approximately $842,633. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Shares of WD-40 (NASDAQ:WDFC) traded up 0.45% on Thursday, hitting $69.47. The stock had a trading volume of 9,938 shares. WD-40 has a 52-week low of $51.31 and a 52-week high of $79.31. The stock has a 50-day moving average of $71.67 and a 200-day moving average of $67.73. The company has a market cap of $1.059 billion and a price-to-earnings ratio of 26.72.
WD-40 (NASDAQ:WDFC) last issued its quarterly earnings data on Wednesday, January 8th. The company reported $0.74 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.73 by $0.01. The company had revenue of $95.50 million for the quarter, compared to the consensus estimate of $97.89 million. During the same quarter in the prior year, the company posted $0.69 earnings per share. The company’s quarterly revenue was up .3% on a year-over-year basis. On average, analysts predict that WD-40 will post $2.76 earnings per share for the current fiscal year.
A number of research firms have recently commented on WDFC. Analysts at B. Riley initiated coverage on shares of WD-40 in a research note on Tuesday, January 7th. They set a “buy” rating and a $91.00 price target on the stock. Analysts at Zacks downgraded shares of WD-40 from an “outperform” rating to a “neutral” rating in a research note on Wednesday, December 18th. They now have a $79.20 price target on the stock.
WD-40 Company is a global consumer products company dedicated to delivering solutions for a range of maintenance needs of doer and on-the-job users.
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