Stock under Consideration: WD-40 Company (NASDAQ: WDFC)

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SAN DIEGO, January 22, 2020 – Shares of WD-40 Company (NASDAQ: WDFC) inclined 1.12% to $193.04. The stock grabbed the investor’s attention and traded 128.647K shares as compared to its average daily volume of 94.43K shares. The stock’s institutional ownership stands at 88.70%.

For the fourth quarter, WD-40 Company (WDFC) reported total net sales of $106.70M, an increase of 4 percent compared to the prior year fiscal quarter. For the full fiscal year, total net sales were $423.40M, also an increase of 4 percent compared to the prior fiscal year.

Net income for the fourth quarter was $8.60M, a decrease of 60 percent compared to the prior year fiscal quarter. For the full fiscal year, net income was $55.90M, a decrease of 14 percent from the prior fiscal year.

Selling, general and administrative expenses were down 3 percent in the fourth quarter to $28.70M when compared to the prior year fiscal quarter. Selling, general and administrative expenses for the full fiscal year were up 2 percent to $123.90M compared to the prior fiscal year.

Advertising and sales promotion expenses were down 9 percent in the fourth quarter to $5.90M when compared to the prior year fiscal quarter. Advertising and sales promotion expenses for the full fiscal year were up 4 percent to $23.30M compared to the prior fiscal year.

WDFC has a market value of $2.64B while its EPS was booked as $4.58 in the last 12 months. The stock has 13.67M shares outstanding. In the profitability analysis, the company has gross profit margin of 54.70% while net profit margin was 13.00%. Beta value of the company was 0.20; beta is used to measure riskiness of the security. Analyst recommendation for this stock stands at 3.00.