WD-40 Company ( (WDFC) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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WD-40 Company’s stock movement is driven by strong financial results in the first quarter of fiscal year 2025, with sales and earnings per share surpassing market expectations. The impressive performance, particularly in the Household Cleaning segment, has led analyst Linda Bolton Weiser from D.A. Davidson to uphold a Buy rating for the stock, citing the company’s promising sales and earnings growth forecast for the year. Despite some hurdles like a temporary decline in Asia Pacific sales, strategic moves in Brazil and Europe alongside favorable comparisons from the previous year support a positive outlook. However, the increase in insider selling activity over the past quarter has cast a shadow on investor sentiment.
More about WD-40 Company
YTD Price Performance: 0.33%
Average Trading Volume: 102,634
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $3.26B
For further insights into WDFC stock on TipRanks’ Stock Analysis page.
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