WD-40 (NASDAQ:WDFC) Releases 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.

Analysts Set New Price Targets

Several research analysts recently weighed in on WDFC shares. Jefferies Financial Group boosted their target price on WD-40 from $250.00 to $280.00 and gave the stock a “hold” rating in a research note 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.

WD-40 Stock Performance

Shares of NASDAQ WDFC opened at $240.75 on Friday. WD-40 has a 1 year low of $211.03 and a 1 year 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 company’s fifty day moving average price is $264.59 and its 200 day moving average price is $256.42. The company has a market capitalization of $3.26 billion, a PE ratio of 47.11 and a beta of -0.04.

WD-40 (NASDAQ:WDFC) last issued its quarterly earnings results on Friday, January 10th. The specialty chemicals company reported $1.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.29 by $0.10. WD-40 had a return on equity of 31.53% and a net margin of 11.79%. The company had revenue of $153.30 million for the quarter, compared to the consensus estimate of $147.40 million. During the same quarter in the prior year, the business posted $1.28 earnings per share. WD-40’s revenue for the quarter was up 9.2% on a year-over-year basis. On average, research analysts predict 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. Investors 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 an increase from WD-40’s previous quarterly dividend of $0.88. WD-40’s dividend payout ratio is 73.58%.

Insiders Place Their Bets

In other news, Director William B. Noble sold 1,000 shares of the stock in a transaction dated Wednesday, November 13th. The shares were 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 in the company, valued at $2,317,310.30. This represents 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 at this link. 0.75% of the stock is owned by company 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.