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

WD-40 (NASDAQ:WDFC) issued an update on its FY 2025 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of 5.200-5.450 for the period, compared to the consensus 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 analysts have recently commented on WDFC shares. Jefferies Financial Group boosted their price target on WD-40 from $250.00 to $280.00 and gave the company a “hold” rating in a report on Friday, October 18th. DA Davidson reaffirmed a “buy” rating and set a $322.00 price target on shares of WD-40 in a research report on Monday, November 18th.

WD-40 Stock Up 0.9 %

WD-40 stock opened at $240.75 on Friday. WD-40 has a fifty-two week low of $211.03 and a fifty-two week high of $292.36. The firm has a market capitalization of $3.26 billion, a PE ratio of 47.11 and a beta of -0.04. The company’s 50-day moving average is $264.59 and its 200-day moving average is $256.42. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.47 and a quick ratio of 1.70.

WD-40 (NASDAQ:WDFC) last released its quarterly earnings data on Friday, January 10th. The specialty chemicals company reported $1.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.29 by $0.10. The company had revenue of $153.30 million during the quarter, compared to analysts’ expectations of $147.40 million. WD-40 had a return on equity of 31.53% and a net margin of 11.79%. The business’s revenue was up 9.2% on a year-over-year basis. During the same period last year, the firm posted $1.28 earnings per share. Sell-side analysts anticipate that WD-40 will post 5.36 earnings per share for the current 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 issued a $0.94 dividend. This is an increase from WD-40’s previous quarterly dividend of $0.88. This represents a $3.76 annualized dividend and a dividend yield of 1.56%. The ex-dividend date is Friday, January 17th. WD-40’s payout ratio is currently 73.58%.

Insider Buying and Selling

In related news, Director William B. Noble sold 800 shares of the company’s stock in a transaction dated Tuesday, October 22nd. The shares were sold at an average price of $256.98, for a total value of $205,584.00. Following the transaction, the director now directly owns 8,999 shares in the company, valued at approximately $2,312,563.02. This represents a 8.16 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.75% of the stock is currently owned by insiders.

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.