WD-40 (NASDAQ:WDFC) Releases 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 guidance of 5.200-5.450 for the period, compared to the consensus earnings per share 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 Stock Performance

Shares of WD-40 stock traded up $2.13 during midday trading on Friday, hitting $240.75. The company had a trading volume of 231,358 shares, compared to its average volume of 122,906. WD-40 has a 12-month low of $211.03 and a 12-month high of $292.36. The company has a fifty day simple moving average of $265.06 and a 200 day simple moving average of $256.02. The company has a quick ratio of 1.70, a current ratio of 2.47 and a debt-to-equity ratio of 0.37. The stock has a market cap of $3.26 billion, a price-to-earnings ratio of 47.11 and a beta of -0.04.

WD-40 (NASDAQ:WDFC) last posted its earnings results on Friday, January 10th. The specialty chemicals company reported $1.39 earnings per share for the quarter, beating the consensus estimate of $1.29 by $0.10. The firm had revenue of $153.30 million during the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same period in the previous year, the firm earned $1.28 EPS. As a group, analysts predict that WD-40 will post 5.36 earnings per share for the current fiscal year.

WD-40 Increases Dividend

The company also recently announced 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 represents a $3.76 annualized dividend and a yield of 1.56%. This is a positive change from WD-40’s previous quarterly dividend of $0.88. The ex-dividend date of this dividend is Friday, January 17th. WD-40’s payout ratio is presently 73.58%.

Analysts Set New Price Targets

A number of equities analysts have recently commented on WDFC shares. Jefferies Financial Group boosted their price objective on WD-40 from $250.00 to $280.00 and gave the stock a “hold” rating in a research report on Friday, October 18th. DA Davidson reiterated a “buy” rating and set a $322.00 price target on shares of WD-40 in a report on Monday, November 18th.

Insider Activity at WD-40

In related news, Director William B. Noble sold 1,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 13th. The stock was sold at an average price of $289.70, for a total transaction of $289,700.00. Following the sale, the director now directly owns 7,999 shares of the company’s stock, valued at approximately $2,317,310.30. This represents a 11.11 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 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.