WD-40 (NASDAQ:WDFC) Updates 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 5.200-5.450 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.

WD-40 Price Performance

Shares of WD-40 stock 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 firm has a fifty day simple moving average of $264.59 and a 200-day simple moving average of $256.16. The company has a current ratio of 2.47, a quick ratio of 1.70 and a debt-to-equity ratio of 0.37. The stock has a market capitalization of $3.26 billion, a price-to-earnings ratio of 47.11 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 company had revenue of $153.30 million during the quarter, compared to analysts’ expectations of $147.40 million. WD-40 had a net margin of 11.79% and a return on equity of 31.53%. The business’s quarterly revenue was up 9.2% compared to the same quarter last year. During the same period in the prior year, the company earned $1.28 earnings per share. On average, sell-side analysts expect that WD-40 will post 5.36 earnings per share for the current year.

WD-40 Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Friday, January 17th will be issued 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 is Friday, January 17th. This is a boost from WD-40’s previous quarterly dividend of $0.88. WD-40’s dividend payout ratio is presently 73.58%.

Wall Street Analyst Weigh In

WDFC has been the topic of a number of research analyst reports. Jefferies Financial Group increased their price objective on shares of WD-40 from $250.00 to $280.00 and gave the stock a “hold” rating in a report on Friday, October 18th. DA Davidson reaffirmed a “buy” rating and issued a $322.00 target price on shares of WD-40 in a research note on Monday, November 18th.

Insider Transactions at WD-40

In other WD-40 news, Director William B. Noble sold 1,000 shares of WD-40 stock in a transaction dated Wednesday, November 13th. The stock was 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 $2,317,310.30. This trade represents a 11.11 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.75% of the stock is currently owned by 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.