WDFC Forecast + Trading Strategies


Bullish Case: Growing sales in profitable segments and strategic disposals indicate stable earnings growth. WDFC's capacity to innovate and remain relevant in various maintenance applications promises sustained upward mobility.


Bearish Case: WDFC faces potential stagnation with high P/E and market uncertainty highlighted by frequent options backwardation. Recent price dips and miss on fiscal Q2 earnings forecasts could dampen investor sentiment.


Potential Outcomes:

1) Market adaptability leads to price recovery post-Q2 earnings miss, with a 35% probability.

2) Ongoing price correction continues if market pessimism steepens, indicated by backwardation trends, 40% probability.

3) Flat market due to mixed signals, 25% probability.


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April 30, 2024


WD-40 Forecast

WDFC        WD-40
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)











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