WD-40 (WDFC)

WD-40 Company is a global marketing organization dedicated to creating positive lasting memories by developingand selling products that solve problems in workshops, factories and homes around the world. The Company markets a wide range of maintenance products and homecare and cleaning products under the following well-known brands: WD-40®, 3-IN-ONE®, GT85®, X-14®, 2000 Flushes®, Carpet Fresh®, no vac®, Spot Shot®, 1001®, Lava® and Solvol®.

Company profile

Ticker

WDFC

Exchange

NASDAQ

Website

www.wd40.com

CEO

Garry Ridge

Incorporated

Delaware

Location

California

Fiscal year end

Aug 31

Sector

Manufacturing > Polish and Other Sanitation Good Manufacturing

Industry (SIC)

Miscellaneous Chemical Products

Cabot • Element Solutions • Orion Engineered Carbons • Versum Materials • Advanced Emissions Solutions • GlyEco • Flexible Solutions International • Pure Bioscience • Boon Industries • Artemis Therapeutics ...

SEC CIK

0000105132

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

WD-40 Manufacturing Company • WD-40 Company (Canada) Ltd. • WD-40 Holdings Limited • WD-40 Company Limited • WD-40 Co. Mexico • HPD Laboratories Inc. • Heartland Corporation • Wu Di (Shanghai) Industrial Co., Ltd. ...

IRS number

951797918

WDFC stock data

1M 1Y 5Y

News

From Benzinga Pro

Short Interest Sector Focus: Basic Materials Sector

5 Aug 22

As of the close of business on Thursday, 8/4, we captured the Top 10 Highest Short Interest % stocks within the Basic Materials Sector. The average short interest for stocks within the Basic Materials sector stands at 2.88%. Therefore, the below stocks are showing a more pessimistic outlook than their peers within the respective sector.

Short Interest Sector Focus: Basic Materials Sector

20 Jul 22

As of the close of business on Tuesday, 7/19, we captured the Top 10 Highest Short Interest % stocks within the Basic Materials Sector. The average short interest for stocks within the Basic Materials sector stands at 2.91%. Therefore, the below stocks are showing a more pessimistic outlook than their peers within the respective sector.

DA Davidson Upgrades WD-40 to Buy, Announces $205 Price Target

18 Jul 22

DA Davidson analyst Linda Bolton Weiser upgrades WD-40 (NASDAQ:WDFC) from Neutral to Buy and announces $205 price target.

Benzinga's Top Ratings Upgrades, Downgrades For July 14, 2022

14 Jul 22

BWS Financial Initiates Coverage On WD-40 with Sell Rating, Announces Price Target of $88

14 Jul 22

Press releases

From Benzinga Pro

WD-40 Company Reports Third Quarter 2022 Financial Results

7 Jul 22

~ Management updates fiscal year 2022 guidance ~ SAN DIEGO, July 7, 2022 /PRNewswire/ -- WD-40 Company (NASDAQ:WDFC), a global marketing organization dedicated to creating positive lasting memories by developing and

WD-40 Company Appoints Sara Hyzer as Chief Financial Officer

6 Jul 22

SAN DIEGO, July 6, 2022 /PRNewswire/ -- WD-40 Company (NASDAQ:WDFC), a global marketing organization dedicated to creating positive lasting memories by developing and selling products that solve problems in workshops,

WD-40 Company Announces Board Changes

22 Jun 22

SAN DIEGO, June 22, 2022 /PRNewswire/ -- WD-40 Company (NASDAQ:WDFC), a global marketing organization dedicated to creating positive lasting memories by developing and selling products that solve problems in workshops,

WD-40 Company Declares Regular Quarterly Dividend and Schedules Third Quarter 2022 Earnings Conference Call

21 Jun 22

Analyst ratings and price targets

Last 3 months

Average target

$146.50

Low target

$88.00

High target

$205.00

Calendar

7 Jul 22

12 Aug 22

31 Aug 22

Financial summary

Financial statements Chart WDFC financial data

Quarter (USD)	May 22	Feb 22	Nov 21	Aug 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Aug 21	Aug 20	Aug 19	Aug 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	40.8M	40.8M	40.8M	40.8M	40.8M	40.8M
Cash burn (monthly)	841K	3.3M	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	2.04M	7.99M	n/a	n/a	n/a	n/a
Cash remaining	38.76M	32.81M	n/a	n/a	n/a	n/a
Runway (months of cash)	46.1	10.0	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from WD-40 earnings reports.

Recent insider trades

WDFC insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
4 Aug 22	Etchart Eric	Common Stock	Buy	Acquire P	No	No	177.6	500	88.8K	5,692
21 Mar 22	Garry O Ridge	Common Stock	Grant	Acquire A	No	No	0	5,347	0	66,063
14 Dec 21	Melissa Claassen	Common Stock	Grant	Acquire A	No	No	0	581	0	5,901
14 Dec 21	Daniel T Carter	Common Stock	Grant	Acquire A	No	No	0	581	0	4,554

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Institutional ownership, Q1 2022

WDFC institutional ownership history Ownership history

92.2% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	284	307	-7.5%
Opened positions	28	37	-24.3%
Closed positions	51	43	+18.6%
Increased positions	96	97	-1.0%
Reduced positions	87	82	+6.1%

13F shares	Current	Prev Q	Change
Total value	2.44B	3.67B	-33.4%
Total shares	12.57M	14.09M	-10.8%
Total puts	98.8K	57.2K	+72.7%
Total calls	30.4K	57.9K	-47.5%
Total put/call ratio	3.3	1.0	+229.0%

Largest owners	Shares	Value	Change
BLK Blackrock	2.13M	$389.52M	+1.2%
APG Asset Management	1.64M	$270.5M	0.0%
Vanguard	1.61M	$294.49M	-0.2%
ATAC Neuberger Berman	864.51K	$158.41M	-4.1%
Kayne Anderson Rudnick Investment Management	605.1K	$110.87M	+0.3%
AMP Ameriprise Financial	581.46K	$106.48M	+13.5%
STT State Street	479.54K	$87.87M	+4.0%
First Trust Advisors	328.11K	$60.12M	+27.4%
Conestoga Capital Advisors	310.7K	$56.93M	+1.5%
Dimensional Fund Advisors	272.71K	$49.97M	-1.3%

Largest transactions	Shares	Bought/sold	Change
APG Asset Management US	0	-1.64M	EXIT
Norges Bank	0	-106.36K	EXIT
First Trust Advisors	328.11K	+70.6K	+27.4%
AMP Ameriprise Financial	581.46K	+69.35K	+13.5%
Millennium Management	63.79K	+63.79K	NEW
PFG Principal Financial Group Inc - Registered Shares	233.21K	+49.84K	+27.2%
ATAC Neuberger Berman	864.51K	-37.41K	-4.1%
Lazard Asset Management	11.95K	-34.14K	-74.1%
Acadian Asset Management	41.54K	-34.12K	-45.1%
Renaissance Technologies	266.94K	-29.9K	-10.1%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. sophomore Avg

New words: Arabia, autoborrow, begun, instituted, largest, lead, moved, packager, reconcile, respond, salary, Saudi, Shanghai, surge, Western

Removed: case, degree, distributed, event, January, notional, rapidly, reentry, stable

From filing 10-Q 2022 Q3

Financial reports

View all