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

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

WD-40 Stock Performance

Shares of WDFC opened at $240.75 on Friday. WD-40 has a 52 week low of $211.03 and a 52 week high of $292.36. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.70 and a current ratio of 2.47. The stock has a 50 day moving average price of $264.59 and a two-hundred day moving average price of $256.16. The firm has a market capitalization of $3.26 billion, a P/E ratio of 47.11 and a beta of -0.04.

WD-40 (NASDAQ:WDFC) last posted its earnings results on Friday, January 10th. The specialty chemicals company reported $1.39 earnings per share (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 firm had revenue of $153.30 million during the quarter, compared to analyst estimates of $147.40 million. During the same quarter in the prior year, the business posted $1.28 EPS. The business’s revenue was up 9.2% compared to the same quarter last year. Equities analysts forecast that WD-40 will post 5.36 earnings per share for the current fiscal year.

WD-40 Increases Dividend

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

Wall Street Analyst Weigh In

WDFC has been the topic of several recent research reports. Jefferies Financial Group upped their price objective on shares of WD-40 from $250.00 to $280.00 and gave the company a “hold” rating in a report on Friday, October 18th. DA Davidson restated a “buy” rating and set a $322.00 price target on shares of WD-40 in a research note on Monday, November 18th.

Insider Transactions at WD-40

In related news, Director William B. Noble sold 800 shares of the company’s stock in a transaction that occurred on Tuesday, October 22nd. The stock was sold at an average price of $256.98, for a total transaction of $205,584.00. Following the completion of the transaction, the director now owns 8,999 shares in the company, valued at $2,312,563.02. This represents a 8.16 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.75% of the company’s stock.

WD-40 Company Profile

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.