WD-40 (NASDAQ:WDFC) Updates FY 2025 Earnings Guidance

WD-40 (NASDAQ:WDFC) updated its FY 2025 earnings guidance on Friday. The company provided earnings per share guidance of 5.200-5.450 for the period, compared to the consensus earnings per share estimate of 5.360. The company issued revenue guidance of $600.0 million-$630.0 million, compared to the consensus revenue estimate of $623.0 million. WD-40 also updated its FY25 guidance to $5.20-$5.45 EPS.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on WDFC shares. Jefferies Financial Group increased their target price on WD-40 from $250.00 to $280.00 and gave the company a “hold” rating in a research note on Friday, October 18th. DA Davidson reaffirmed a “buy” rating and issued a $322.00 price objective on shares of WD-40 in a research report on Monday, November 18th.

WD-40 Stock Up 0.9 %

WDFC stock traded up $2.13 during trading on Friday, reaching $240.75. The stock had a trading volume of 231,358 shares, compared to its average volume of 122,906. The company has a current ratio of 2.47, a quick ratio of 1.70 and a debt-to-equity ratio of 0.37. The firm has a fifty day moving average price of $265.06 and a 200 day moving average price of $256.02. The company has a market capitalization of $3.26 billion, a P/E ratio of 47.11 and a beta of -0.04. WD-40 has a 1-year low of $211.03 and a 1-year high of $292.36.

WD-40 (NASDAQ:WDFC) last released its quarterly earnings results on Friday, January 10th. The specialty chemicals company reported $1.39 EPS for the quarter, topping the consensus estimate of $1.29 by $0.10. WD-40 had a return on equity of 31.53% and a net margin of 11.79%. The business had revenue of $153.30 million for the quarter, compared to analysts’ expectations of $147.40 million. During the same quarter in the previous year, the firm posted $1.28 earnings per share. The company’s revenue was up 9.2% compared to the same quarter last year. On average, equities analysts anticipate that WD-40 will post 5.36 earnings per share for the current year.

WD-40 Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Friday, January 17th will be given a dividend of $0.94 per share. The ex-dividend date is Friday, January 17th. This represents a $3.76 dividend on an annualized basis and a dividend yield of 1.56%. This is an increase from WD-40’s previous quarterly dividend of $0.88. WD-40’s dividend payout ratio (DPR) is presently 73.58%.

Insider Activity at WD-40

In related news, Director William B. Noble sold 1,000 shares of the business’s stock in a transaction dated Wednesday, November 13th. The stock was sold at an average price of $289.70, for a total value of $289,700.00. Following the completion of the sale, the director now directly owns 7,999 shares of the company’s stock, valued at $2,317,310.30. The trade was a 11.11 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.75% of the stock is currently owned by corporate insiders.

About WD-40

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. The company provides multi-purpose maintenance products that include aerosol sprays, non-aerosol trigger sprays, precision pens, and in liquid-bulk form products under the WD-40 Multi-Use brand name; specialty maintenance products, such as penetrants, degreasers, corrosion inhibitors, greases, lubricants, and rust removers under the WD-40 Specialist brand; and bike-specific products.