WD-40 (NASDAQ:WDFC) Updates FY25 Earnings Guidance

WD-40 (NASDAQ:WDFC) updated its FY25 earnings guidance on Friday. The company provided earnings per share guidance of $5.20-$5.45 for the period, compared to the consensus earnings per share estimate of $5.36. WD-40 also updated its FY 2025 guidance to 5.200-5.450 EPS.

Wall Street Analysts Forecast Growth

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

WD-40 Trading Up 0.9 %

Shares of WDFC stock opened at $240.75 on Friday. The company has a market cap of $3.26 billion, a PE ratio of 47.11 and a beta of -0.04. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.47 and a quick ratio of 1.70. The stock’s 50 day simple moving average is $264.59 and its two-hundred day simple moving average is $256.16. WD-40 has a 1 year low of $211.03 and a 1 year high of $292.36.

WD-40 (NASDAQ:WDFC) last posted its quarterly earnings data 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 net margin of 11.79% and a return on equity of 31.53%. The company had revenue of $153.30 million during the quarter, compared to analyst estimates of $147.40 million. During the same period in the previous year, the firm earned $1.28 earnings per share. WD-40’s quarterly revenue was up 9.2% compared to the same quarter last year. Research analysts predict that WD-40 will post 5.36 earnings per share for the current year.

WD-40 Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Friday, January 17th will be given a dividend of $0.94 per share. This represents a $3.76 annualized dividend and a dividend yield of 1.56%. The ex-dividend date of this dividend is Friday, January 17th. This is a positive change from WD-40’s previous quarterly dividend of $0.88. WD-40’s payout ratio is 73.58%.

Insider Buying and Selling

In other news, Director William B. Noble sold 1,000 shares of the firm’s stock in a transaction on Wednesday, November 13th. The stock was sold at an average price of $289.70, for a total transaction of $289,700.00. Following the transaction, the director now owns 7,999 shares in the company, valued at approximately $2,317,310.30. This trade represents a 11.11 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. 0.75% of the stock is 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.