What does WD 40 stand for?
What does WD‑40 ® stand for? WD-40 literally stands for Water Displacement, 40th formula. That’s the name straight out of the lab book used by the chemist who developed the product back in 1953. The chemist, Norm Larsen, was attempting to concoct a formula to prevent corrosion—a task which is done by displacing water.
What can I use WD 40 for?
Use WD-40 To:
- Lube a shovel. Spray WD-40 on a shovel, spading fork, hoe or garden trowel. ...
- Clean tile. The spray removes spilled mascara, nail polish, paint and scuff marks from tile floors, and also help you wipe away grime from the grout lines.
- Scrub stains from stainless steel sinks.
- Unstick gum. ...
- Soften leather. ...
- Free stuck LEGOs. ...
- Erase crayon. ...
What do you use WD 40 for?
WD-40 MOTORBIKE USES:
- Lubricate motorbike chains
- Clean a motorbike chain
- Clean a motorbike carburettor
- Polish chrome on a motorbike
- Clean motorbike breaks
Does WD 40 actually work?
WD-40 is a universal lubricant that has proven its effectiveness on headlights, door jams, and rusty surfaces. While it’s become a valued household item, it’s definitely not the best option for headlight restoration. In fact, many car owners oppose using it.
Is WD-40 publicly traded?
WD-40 Company is a publicly traded company. It is traded on the NASDAQ under the ticker symbol WDFC.
Why is WD40 stock dropping?
In a conference call with investors, CEO Garry Ridge said that the slump was mainly due to normal volatility associated with the business, which has been amplified by the pandemic.
Should I invest in WD40?
WD40 Company - Hold Its Value Score of D indicates it would be a bad pick for value investors. The financial health and growth prospects of WDFC, demonstrate its potential to underperform the market. It currently has a Growth Score of D.
Is Rocket Chemical company publicly traded?
On an average day, they sold 45 cases of the product from the trunks of their cars to San Diego hardware and sporting goods stores. In 1969, the Rocket Chemical Company was renamed WD-40 Company, Inc. It went public in 1973.
What does WD-40 Company do?
The WD-40 Company, originally the Rocket Chemical Company, is an American manufacturer of household and multi-use products, including its signature brand, WD-40, as well as 3-In-One Oil, Lava, Spot Shot, X-14, Carpet Fresh, GT85, 1001, Solvol, 2000 Flushes and No Vac. It is based in San Diego, California.
Is Rocket Lab stock a buy?
But the Stock Isn't a Buy Now. Space startup Rocket Lab USA picked up a new rating Tuesday. Wells Fargo analyst Matthew Akers sees a lot of potential.
Who ownes WD-40?
WD-40 CompanyWD-40WD-40 with Smart StrawProduct typeWater displacerOwnerWD-40 CompanyCountrySan Diego, California, United StatesIntroducedSeptember 23, 19532 more rows
Who patented WD-40?
Norman LarsenThat's the name straight out of the lab book used by the chemist who helped develop WD-40 back in 1953. Norman Larsen was attempting to concoct a formula to prevent corrosion, a task which is done by displacing water. Norm's persistence paid off when he perfected the formula for WD-40 on his 40th try.
Should I buy or sell WD-40 stock right now?
1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for WD-40 in the last twelve months. There are currently 1 hold ratin...
What is WD-40's stock price forecast for 2022?
1 brokerages have issued twelve-month price objectives for WD-40's shares. Their forecasts range from $157.00 to $157.00. On average, they predict...
How has WD-40's stock performed in 2022?
WD-40's stock was trading at $244.64 at the start of the year. Since then, WDFC stock has decreased by 23.2% and is now trading at $187.78. View t...
When is WD-40's next earnings date?
WD-40 is scheduled to release its next quarterly earnings announcement on Wednesday, July 6th 2022. View our earnings forecast for WD-40 .
How were WD-40's earnings last quarter?
WD-40 (NASDAQ:WDFC) posted its quarterly earnings results on Thursday, April, 7th. The specialty chemicals company reported $1.41 earnings per shar...
How often does WD-40 pay dividends? What is the dividend yield for WD-40?
WD-40 announced a quarterly dividend on Tuesday, March 15th. Shareholders of record on Friday, April 15th will be given a dividend of $0.78 per sha...
Is WD-40 a good dividend stock?
WD-40(NASDAQ:WDFC) pays an annual dividend of $3.12 per share and currently has a dividend yield of 1.62%. WD-40 has been increasing its dividend f...
What guidance has WD-40 issued on next quarter's earnings?
WD-40 issued an update on its FY 2022 earnings guidance on Thursday, April, 21st. The company provided earnings per share guidance of $5.140-$5.270...
Who are WD-40's key executives?
WD-40's management team includes the following people: Mr. Garry O. Ridge , Chairman & CEO (Age 66, Pay $2.16M) ( LinkedIn Profile ) Mr. Steven...
What is the dividend for WD-40?
When did WD-40 report earnings?
Shareholders of record on Friday, July 16th will be given a dividend of $0.72 per share on Friday, July 30th. This represents a $2.88 dividend on an annualized basis and a yield of 1.20%.
What is the payout ratio of WD-40?
WD-40 (NASDAQ:WDFC) posted its quarterly earnings data on Tuesday, July, 6th. The specialty chemicals company reported $1.52 earnings per share for the quarter, beating the Zacks' consensus estimate of $1.15 by $0.37.
Who sold WDFC stock?
WD-40 does not yet have a strong track record of dividend growth. The dividend payout ratio of WD-40 is 65.45%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WD-40 will have a dividend payout ratio of 48.48% next year.
Is WD-40 a hold stock?
WDFC stock was sold by a variety of institutional investors in the last quarter, including Meridian Wealth Management LLC. Company insiders that have sold WD-40 company stock in the last year include Garry O Ridge, Geoffrey Holdsworth, Jay Rembolt, and William B Noble.
Yahoo Finance Plus presents 'Argus Investment Strategy: The Year Ahead'
There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" WD-40 stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WDFC, but not buy additional shares or sell existing shares.
Description
Argus will discuss their 2022 forecasts on Tuesday, 12/14 at 2PM ET as the pandemic continues to challenge the markets.
Corporate Governance
WD-40 Company develops and sells maintenance products, and homecare and cleaning products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.
Nasdaq Global Select
WD-40 Company’s ISS Governance QualityScore as of September 26, 2021 is 4. The pillar scores are Audit: 6; Board: 5; Shareholder Rights: 4; Compensation: 3.
Environmental, Social, and Governance Rating
The Company sells only one product, WD-40, a multi-purpose product which acts as a lubricant, rust preventative, penetrant, cleaner and moisture displacer.
Business Summary
"B" score indicates good relative ESG performance and an above-average degree of transparency in reporting material ESG data publicly and privately. Scores range from AAA to D.
What is WD-40 maintenance?
The Company sells only one product, WD-40, a multi-purpose product which acts as a lubricant, rust preventative, penetrant, cleaner and moisture displacer.
Does market cap include convertible securities?
Maintenance products include the WD-40 signature brand aerosol spray lubricant as well as degreasers, rust removers, and bicycle maintenance products. Cleaning products include toilet cleaners, carpet stain removers and deodorizers, and heavy-duty hand soaps used to clean grease. The company organizes itself into three.
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It does not include securities convertible into the common equity securities. "Market Cap" is derived from the last sale price for the displayed class of listed securities and the total number of shares outstanding for both listed and unlisted securities (as applicable).
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