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WDFC / WD-40 Company: Highly Valued Stock Dependent On Its Chinese Business Growth

WD-40 Company: Highly Valued Stock Dependent On Its Chinese Business Growth
WD-40 Company's Q3 2023 results showed growth in net sales and net income, but sales volumes were down in the Americas and EMEA. The company sees growth opportunities in China, India, and Indonesia, but there are concerns about political risks and the ability to capture the market. WD-40's valuation is high, with a multiple in the low 30s, and it may not be able to justify its current stock price with the projected growth. Read More
Posted: Sep 20 2023, 12:05
Author Name: Seeking Alpha
Views: 112265

WDFC News  

WD-40 Company: The Market Is Never Wrong

By Seeking Alpha
October 24, 2023

WD-40 Company: The Market Is Never Wrong

WD-40 Company's stock is viewed as a hold due to its slow and stable growth despite high valuations. The stock is perennially overpriced. Sales in the more_horizontal

WD-40 Company (WDFC) Q4 2023 Earnings Call Transcript

By Seeking Alpha
October 19, 2023

WD-40 Company (WDFC) Q4 2023 Earnings Call Transcript

WD-40 Company (WDFC) Q4 2023 Earnings Call Transcript more_horizontal

WD-40 Company Declares Regular Quarterly Dividend and Schedules Fourth Quarter 2023 Earnings Conference Call

By Business Wire
October 6, 2023

WD-40 Company Declares Regular Quarterly Dividend and Schedules Fourth Quarter 2023 Earnings Conference Call

SAN DIEGO--(BUSINESS WIRE)--WD-40 Company (NASDAQ:WDFC) today announced that its board of directors declared on Friday, October 6, 2023 a quarterly di more_horizontal

WD-40 Company: Highly Valued Stock Dependent On Its Chinese Business Growth

By Seeking Alpha
September 20, 2023

WD-40 Company: Highly Valued Stock Dependent On Its Chinese Business Growth

WD-40 Company's Q3 2023 results showed growth in net sales and net income, but sales volumes were down in the Americas and EMEA. The company sees grow more_horizontal

Is WD-40 Throwing in the Towel on Household and Cleaning Products? 4 Things Investors Should Know.

By The Motley Fool
July 26, 2023

Is WD-40 Throwing in the Towel on Household and Cleaning Products? 4 Things Investors Should Know.

Demand for cleaning supplies took off during the early days of the pandemic. That is now cooling off, leading WD-40 to reevaluate its cleaning product more_horizontal

Why WD-40 Stock Surged This Week

By The Motley Fool
July 13, 2023

Why WD-40 Stock Surged This Week

WD-40 beat earnings and revenue expectations for the quarter, and affirmed full-year guidance. International sales could be a source of growth. more_horizontal

Why WD-40 Stock Jumped to a 52-Week High Today

By The Motley Fool
July 11, 2023

Why WD-40 Stock Jumped to a 52-Week High Today

WD-40 is generating sales in line with expectations, but the market is impressed with its profitability improvements. The company implemented price in more_horizontal

WD-40 Shares Rise Over 10% After Double-Digit Sales Growth

By Investopedia
July 11, 2023

WD-40 Shares Rise Over 10% After Double-Digit Sales Growth

WD-40 shares rose more than 10% in early trading as the company reported a double-digit jump in sales in its third quarter earnings after two consecut more_horizontal


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