WDFC vs. NOMD, NWL, SMPL, GO, SAM, JJSF, UTZ, VSTS, BRFS, and HELE
Should you be buying WD-40 stock or one of its competitors? The main competitors of WD-40 include Nomad Foods (NOMD), Newell Brands (NWL), Simply Good Foods (SMPL), Grocery Outlet (GO), Boston Beer (SAM), J&J Snack Foods (JJSF), Utz Brands (UTZ), Vestis (VSTS), BRF (BRFS), and Helen of Troy (HELE). These companies are all part of the "consumer staples" sector.
WD-40 (NASDAQ:WDFC) and Nomad Foods (NYSE:NOMD) are both mid-cap consumer staples companies, but which is the better business? We will contrast the two businesses based on the strength of their valuation, risk, earnings, dividends, analyst recommendations, community ranking, institutional ownership, profitability and media sentiment.
WD-40 presently has a consensus target price of $313.00, suggesting a potential upside of 38.39%. Nomad Foods has a consensus target price of $23.00, suggesting a potential upside of 22.67%. Given WD-40's higher possible upside, research analysts clearly believe WD-40 is more favorable than Nomad Foods.
Nomad Foods has higher revenue and earnings than WD-40. Nomad Foods is trading at a lower price-to-earnings ratio than WD-40, indicating that it is currently the more affordable of the two stocks.
91.5% of WD-40 shares are owned by institutional investors. Comparatively, 75.3% of Nomad Foods shares are owned by institutional investors. 0.7% of WD-40 shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.
In the previous week, WD-40 had 6 more articles in the media than Nomad Foods. MarketBeat recorded 11 mentions for WD-40 and 5 mentions for Nomad Foods. WD-40's average media sentiment score of 1.23 beat Nomad Foods' score of 0.50 indicating that WD-40 is being referred to more favorably in the media.
WD-40 has a beta of -0.06, suggesting that its share price is 106% less volatile than the S&P 500. Comparatively, Nomad Foods has a beta of 0.75, suggesting that its share price is 25% less volatile than the S&P 500.
WD-40 pays an annual dividend of $3.52 per share and has a dividend yield of 1.6%. Nomad Foods pays an annual dividend of $0.60 per share and has a dividend yield of 3.2%. WD-40 pays out 70.3% of its earnings in the form of a dividend. Nomad Foods pays out 48.8% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Nomad Foods is clearly the better dividend stock, given its higher yield and lower payout ratio.
WD-40 has a net margin of 12.19% compared to Nomad Foods' net margin of 6.34%. WD-40's return on equity of 32.30% beat Nomad Foods' return on equity.
WD-40 received 19 more outperform votes than Nomad Foods when rated by MarketBeat users. However, 62.23% of users gave Nomad Foods an outperform vote while only 53.08% of users gave WD-40 an outperform vote.
Summary
WD-40 beats Nomad Foods on 12 of the 19 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding WDFC and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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