DA Davidson Comments on WD-40's Q1 Earnings (NASDAQ:WDFC)

Key Points

• DA Davidson has issued a "Buy" rating for WD-40 with a target price of $300.00, anticipating Q1 2026 earnings per share of $1.36.
• WD-40 reported Q1 earnings of $1.56 per share, exceeding estimates and showing a 4.8% year-over-year revenue increase to $163.47 million.
• A quarterly dividend of $0.94 per share will be paid on October 31st, reflecting an annualized yield of 1.8%.

WD-40 Company (NASDAQ:WDFC - Free Report) - Equities researchers at DA Davidson issued their Q1 2026 earnings per share estimates for shares of WD-40 in a research report issued on Thursday, October 23rd. DA Davidson analyst M. Baker expects that the specialty chemicals company will post earnings per share of $1.36 for the quarter. DA Davidson currently has a "Buy" rating and a $300.00 target price on the stock. The consensus estimate for WD-40's current full-year earnings is $5.42 per share. DA Davidson also issued estimates for WD-40's FY2027 earnings at $6.47 EPS.

WD-40 (NASDAQ:WDFC - Get Free Report) last issued its earnings results on Wednesday, October 22nd. The specialty chemicals company reported $1.56 EPS for the quarter, topping the consensus estimate of $1.26 by $0.30. WD-40 had a return on equity of 32.71% and a net margin of 14.68%.The company had revenue of $163.47 million during the quarter, compared to analyst estimates of $153.90 million. During the same quarter last year, the firm earned $1.23 EPS. The business's revenue was up 4.8% on a year-over-year basis. WD-40 has set its FY 2025 guidance at 5.750-6.150 EPS.

Separately, Weiss Ratings restated a "hold (c)" rating on shares of WD-40 in a research report on Wednesday, October 8th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat, WD-40 presently has a consensus rating of "Moderate Buy" and a consensus target price of $300.00.

WD-40 Trading Up 2.8%

NASDAQ:WDFC opened at $206.54 on Friday. WD-40 has a 12-month low of $187.40 and a 12-month high of $292.36. The firm has a market capitalization of $2.80 billion, a P/E ratio of 30.92 and a beta of 0.09. The company has a debt-to-equity ratio of 0.33, a current ratio of 2.84 and a quick ratio of 2.02. The business has a 50 day simple moving average of $206.45 and a 200 day simple moving average of $221.86.

WD-40 Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Monday, October 20th will be paid a dividend of $0.94 per share. The ex-dividend date of this dividend is Monday, October 20th. This represents a $3.76 annualized dividend and a yield of 1.8%. WD-40's payout ratio is presently 56.29%.

Institutional Trading of WD-40

Hedge funds have recently added to or reduced their stakes in the business. HM Payson & Co. bought a new stake in WD-40 during the 3rd quarter valued at $28,000. Ameritas Advisory Services LLC bought a new stake in WD-40 during the 2nd quarter valued at $30,000. Golden State Wealth Management LLC raised its stake in WD-40 by 210.6% during the 1st quarter. Golden State Wealth Management LLC now owns 146 shares of the specialty chemicals company's stock valued at $36,000 after acquiring an additional 99 shares in the last quarter. EverSource Wealth Advisors LLC raised its stake in WD-40 by 207.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 157 shares of the specialty chemicals company's stock valued at $36,000 after acquiring an additional 106 shares in the last quarter. Finally, Blue Trust Inc. raised its stake in WD-40 by 656.4% during the 1st quarter. Blue Trust Inc. now owns 295 shares of the specialty chemicals company's stock valued at $72,000 after acquiring an additional 256 shares in the last quarter. 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.