What is DA Davidson’s Forecast for WD-40 Q2 Earnings?

WD-40 (NASDAQ:WDFC) – Equities research analysts at DA Davidson issued their Q2 2025 earnings per share (EPS) estimates for shares of WD-40 in a research note issued to investors on Wednesday, January 22nd. DA Davidson analyst L. Weiser anticipates that the specialty chemicals company will post earnings of $1.42 per share for the quarter. DA Davidson has a “Buy” rating and a $322.00 price objective on the stock. The consensus estimate for WD-40’s current full-year earnings is $5.36 per share. DA Davidson also issued estimates for WD-40’s FY2025 earnings at $5.54 EPS.

Separately, Jefferies Financial Group lifted their target price on shares of WD-40 from $250.00 to $280.00 and gave the stock a “hold” rating in a research report on Friday, October 18th.

WD-40 Price Performance

WD-40 stock opened at $231.33 on Friday. WD-40 has a 52 week low of $211.03 and a 52 week high of $292.36. The company’s 50 day moving average price is $256.86 and its two-hundred day moving average price is $257.17. The company has a quick ratio of 1.75, a current ratio of 2.44 and a debt-to-equity ratio of 0.37. The stock has a market cap of $3.13 billion, a P/E ratio of 44.32 and a beta of -0.04.

WD-40 (NASDAQ:WDFC) last released its quarterly earnings results 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 business had revenue of $153.30 million during the quarter, compared to the consensus estimate of $147.40 million. WD-40 had a return on equity of 31.68% and a net margin of 11.78%. The company’s quarterly revenue was up 9.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.28 EPS.

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 issued a $0.94 dividend. This represents a $3.76 dividend on an annualized basis and a dividend yield of 1.63%. The ex-dividend date of this dividend is Friday, January 17th. This is a boost from WD-40’s previous quarterly dividend of $0.88. WD-40’s payout ratio is 72.03%.

Insider Buying and Selling

In related news, Director William B. Noble sold 1,000 shares of WD-40 stock in a transaction that occurred on Wednesday, November 13th. The shares were sold at an average price of $289.70, for a total value of $289,700.00. Following the sale, the director now owns 7,999 shares of the company’s stock, valued at approximately $2,317,310.30. The trade was a 11.11 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.75% of the stock is currently owned by insiders.

Institutional Investors Weigh In On WD-40

Hedge funds have recently modified their holdings of the stock. Thrivent Financial for Lutherans raised its holdings in shares of WD-40 by 42.4% in the 3rd quarter. Thrivent Financial for Lutherans now owns 16,026 shares of the specialty chemicals company’s stock worth $4,133,000 after purchasing an additional 4,775 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in WD-40 by 2.8% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 145,462 shares of the specialty chemicals company’s stock valued at $37,512,000 after acquiring an additional 3,960 shares during the period. JPMorgan Chase & Co. raised its holdings in WD-40 by 24.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 53,950 shares of the specialty chemicals company’s stock valued at $13,913,000 after acquiring an additional 10,711 shares during the period. Algert Global LLC raised its holdings in WD-40 by 173.2% during the 2nd quarter. Algert Global LLC now owns 4,820 shares of the specialty chemicals company’s stock valued at $1,059,000 after acquiring an additional 3,056 shares during the period. Finally, Bleakley Financial Group LLC raised its holdings in WD-40 by 2.9% during the 3rd quarter. Bleakley Financial Group LLC now owns 4,079 shares of the specialty chemicals company’s stock valued at $1,052,000 after acquiring an additional 115 shares during the period. Institutional investors own 91.52% of the company’s stock.

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.