WD-40 (NASDAQ:WDFC) Issues Earnings Results

WD-40 (NASDAQ:WDFC) issued its quarterly earnings data on Tuesday. The specialty chemicals company reported $1.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.27 by $0.05, Zacks reports. The business had revenue of $146.10 million for the quarter, compared to analysts’ expectations of $154.40 million. WD-40 had a return on equity of 31.68% and a net margin of 11.78%. The company’s revenue for the quarter was up 5.0% on a year-over-year basis. During the same period in the prior year, the firm earned $1.14 EPS. WD-40 updated its FY 2025 guidance to 5.250-5.550 EPS and its FY25 guidance to $5.25-$5.55 EPS.

WD-40 Trading Down 2.9 %

Shares of WDFC stock opened at $237.93 on Tuesday. The company has a market cap of $3.22 billion, a PE ratio of 45.58 and a beta of 0.03. WD-40 has a 1 year low of $211.03 and a 1 year high of $292.36. The stock’s 50 day simple moving average is $237.92 and its two-hundred day simple moving average is $251.49. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.44 and a quick ratio of 1.75.

WD-40 Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Friday, April 18th will be paid a dividend of $0.94 per share. The ex-dividend date of this dividend is Thursday, April 17th. This represents a $3.76 annualized dividend and a yield of 1.58%. WD-40’s payout ratio is currently 72.03%.

Analyst Upgrades and Downgrades

Separately, DA Davidson reaffirmed a “buy” rating and set a $322.00 price target on shares of WD-40 in a research note on Monday, January 27th.

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.