WD-40 (NASDAQ:WDFC) Raised to Strong-Buy at DA Davidson

WD-40 (NASDAQ:WDFC) was upgraded by stock analysts at DA Davidson to a “strong-buy” rating in a note issued to investors on Monday,Zacks.com reports. DA Davidson also issued estimates for WD-40’s Q3 2025 earnings at $1.42 EPS.

WD-40 Stock Performance

Shares of NASDAQ WDFC opened at $221.15 on Monday. The company has a 50 day simple moving average of $235.29 and a two-hundred day simple moving average of $249.55. The stock has a market cap of $3.00 billion, a price-to-earnings ratio of 42.37 and a beta of 0.03. The company has a current ratio of 2.44, a quick ratio of 1.75 and a debt-to-equity ratio of 0.37. WD-40 has a 12 month low of $208.00 and a 12 month high of $292.36.

WD-40 (NASDAQ:WDFC) last posted its earnings results on Tuesday, April 8th. The specialty chemicals company reported $1.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.27 by $0.05. The company had revenue of $146.10 million during the quarter, compared to the consensus estimate of $154.40 million. WD-40 had a net margin of 11.78% and a return on equity of 31.68%. The firm’s quarterly revenue was up 5.0% on a year-over-year basis. During the same period in the previous year, the firm posted $1.14 earnings per share. As a group, analysts predict that WD-40 will post 5.42 earnings per share for the current year.

Insiders Place Their Bets

In other news, CFO Sara Kathleen Hyzer acquired 256 shares of the business’s stock in a transaction on Friday, April 11th. The stock was bought at an average price of $222.83 per share, with a total value of $57,044.48. Following the completion of the acquisition, the chief financial officer now owns 4,072 shares of the company’s stock, valued at approximately $907,363.76. This represents a 6.71 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.75% of the company’s stock.

Hedge Funds Weigh In On WD-40

Several institutional investors and hedge funds have recently modified their holdings of the business. Ameriflex Group Inc. purchased a new stake in WD-40 in the 4th quarter worth $25,000. TD Waterhouse Canada Inc. acquired a new stake in shares of WD-40 in the fourth quarter valued at about $27,000. Versant Capital Management Inc increased its stake in shares of WD-40 by 96.1% during the first quarter. Versant Capital Management Inc now owns 149 shares of the specialty chemicals company’s stock worth $36,000 after purchasing an additional 73 shares in the last quarter. Farther Finance Advisors LLC raised its position in shares of WD-40 by 420.0% during the 1st quarter. Farther Finance Advisors LLC now owns 156 shares of the specialty chemicals company’s stock worth $38,000 after purchasing an additional 126 shares during the last quarter. Finally, Parallel Advisors LLC lifted its stake in WD-40 by 82.6% in the 1st quarter. Parallel Advisors LLC now owns 157 shares of the specialty chemicals company’s stock valued at $38,000 after buying an additional 71 shares in the last quarter. Hedge funds and other 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.