FY2025 Earnings Estimate for WD-40 Issued By DA Davidson

WD-40 (NASDAQ:WDFC - Free Report) - Equities research analysts at DA Davidson issued their FY2025 earnings estimates for WD-40 in a research note issued to investors on Monday, April 14th. DA Davidson analyst M. Baker expects that the specialty chemicals company will post earnings of $5.54 per share for the year. DA Davidson currently has a "Strong-Buy" rating 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 FY2026 earnings at $5.94 EPS.

WD-40 Price Performance

WDFC stock traded down $1.02 during trading on Wednesday, reaching $221.74. 16,551 shares of the company were exchanged, compared to its average volume of 101,184. The stock's 50 day moving average price is $234.52 and its 200 day moving average price is $248.74. WD-40 has a 52-week low of $208.00 and a 52-week high of $292.36. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.75 and a current ratio of 2.44. The company has a market cap of $3.00 billion, a P/E ratio of 42.48 and a beta of 0.03.

WD-40 (NASDAQ:WDFC - Get Free Report) last posted its quarterly earnings results on Tuesday, April 8th. The specialty chemicals company reported $1.32 EPS for the quarter, beating the consensus estimate of $1.27 by $0.05. WD-40 had a return on equity of 31.68% and a net margin of 11.78%. The business had revenue of $146.10 million during the quarter, compared to analysts' expectations of $154.40 million. During the same period last year, the firm earned $1.14 EPS. The company's quarterly revenue was up 5.0% compared to the same quarter last year.

WD-40 Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Friday, April 18th will be given a dividend of $0.94 per share. The ex-dividend date is Thursday, April 17th. This represents a $3.76 dividend on an annualized basis and a yield of 1.70%. WD-40's payout ratio is 59.97%.

Insider Activity

In related news, CFO Sara Kathleen Hyzer bought 256 shares of WD-40 stock in a transaction that occurred on Friday, April 11th. The shares were purchased at an average price of $222.83 per share, with a total value of $57,044.48. Following the purchase, the chief financial officer now owns 4,072 shares in the company, valued at $907,363.76. This represents a 6.71 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 0.75% of the company's stock.

Institutional Trading of WD-40

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in WDFC. Ameriflex Group Inc. purchased a new stake in shares of WD-40 during the fourth quarter worth about $25,000. TD Waterhouse Canada Inc. purchased a new position in shares of WD-40 during the 4th quarter worth $27,000. Versant Capital Management Inc boosted its holdings 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 during the last quarter. Parallel Advisors LLC increased its stake in WD-40 by 82.6% in the first quarter. Parallel Advisors LLC now owns 157 shares of the specialty chemicals company's stock valued at $38,000 after purchasing an additional 71 shares during the last quarter. Finally, Farther Finance Advisors LLC lifted its position in WD-40 by 420.0% during the first quarter. Farther Finance Advisors LLC now owns 156 shares of the specialty chemicals company's stock worth $38,000 after buying an additional 126 shares during the period. Hedge funds and other institutional investors own 91.52% of the company's stock.

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.