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

WD-40 (NASDAQ:WDFC) updated its FY 2025 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 5.300-5.60 for the period, compared to the consensus estimate of 5.544. The company issued revenue guidance of $600.0 million-$620.0 million, compared to the consensus revenue estimate of $627.1 million.

Analyst Upgrades and Downgrades

Separately, DA Davidson cut their price target on WD-40 from $322.00 to $300.00 and set a “buy” rating on the stock in a research note on Friday.

WD-40 Stock Performance

Shares of WDFC opened at $223.33 on Friday. The business’s fifty day simple moving average is $238.75 and its two-hundred day simple moving average is $235.72. The company has a current ratio of 2.40, a quick ratio of 1.69 and a debt-to-equity ratio of 0.35. WD-40 has a 12 month low of $208.00 and a 12 month high of $292.36. The company has a market cap of $3.03 billion, a price-to-earnings ratio of 35.17 and a beta of 0.14.

WD-40 (NASDAQ:WDFC) last issued its earnings results on Thursday, July 10th. The specialty chemicals company reported $1.54 EPS for the quarter, beating the consensus estimate of $1.40 by $0.14. WD-40 had a return on equity of 32.03% and a net margin of 14.13%. The business had revenue of $156.92 million for the quarter, compared to the consensus estimate of $160.60 million. During the same period last year, the business posted $1.46 EPS. The company’s revenue was up 1.2% compared to the same quarter last year. Research analysts anticipate that WD-40 will post 5.42 earnings per share for the current fiscal year.

WD-40 Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 31st. Shareholders of record on Friday, July 18th will be paid a dividend of $0.94 per share. The ex-dividend date is Friday, July 18th. This represents a $3.76 annualized dividend and a yield of 1.68%. WD-40’s dividend payout ratio is 59.97%.

Institutional Trading of WD-40

Several institutional investors have recently added to or reduced their stakes in the business. Strs Ohio purchased a new position in shares of WD-40 in the 1st quarter worth $146,000. United Services Automobile Association purchased a new position in shares of WD-40 in the 1st quarter worth $211,000. Caxton Associates LLP purchased a new position in shares of WD-40 in the 1st quarter worth $225,000. NewEdge Advisors LLC boosted its stake in shares of WD-40 by 6.6% in the 1st quarter. NewEdge Advisors LLC now owns 1,578 shares of the specialty chemicals company’s stock worth $385,000 after buying an additional 98 shares during the last quarter. Finally, Jones Financial Companies Lllp boosted its stake in shares of WD-40 by 476.2% in the 1st quarter. Jones Financial Companies Lllp now owns 3,734 shares of the specialty chemicals company’s stock worth $911,000 after buying an additional 3,086 shares during the last quarter. 91.52% of the stock is currently owned by hedge funds and other institutional investors.

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.