WD-40 Company (NASDAQ:WDFC) Given Price Target Of $103


As per WD-40 Company (NASDAQ:WDFC)’s news release on 2016-06-21, its shareholders will get cash dividend of $0.42 per share. The recent press release updated on the record date and payout date, which stands at 2016-07-15 and 2016-07-29, respectively.

The stock of WD-40 Company (NASDAQ:WDFC) will commence trading ex-dividend from 2016-07-13, until which the shareholders are compelled to keep the holdings so as to qualify for the dividend. Evaluating the dividend distribution mode, it was noted that last year WD-40 Company (NASDAQ:WDFC) disbursed $1.64 in dividend compared to distribution of $1.33, a year ago. It highlights a sharp difference in cash payouts of the two years. This shows a major deviation of 11.2782%.

The past track record of five years substantiates that the average payout of WD-40 Company (NASDAQ:WDFC) stands at $1.25, implying 8.1564% growth. The company recorded earnings of $0.8 a share in the preceding fiscal.

The interim price target for WD-40 Company (NASDAQ:WDFC) is set at $103. This level is the mean price reached by averaging the stock views of 2 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate is seen at $106 and the lowest level is established at 100. This broad range highlights a standard deviation of $4.242 in reported estimates.

AlphaOne has allotted A sentiment score of 0.46 to WD-40 Company (NASDAQ:WDFC) while impact score assigned is 25 as on as on 2016-07-20.

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