WD-40 (NASDAQ:WDFC) Releases FY 2025 Earnings Guidance

WD-40 (NASDAQ:WDFC - Get Free Report) issued an update on its FY 2025 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of 5.300-5.60 for the period, compared to the consensus estimate of 5.544. The company issued revenue guidance of $600.0 million-$620.0 million, compared to the consensus revenue estimate of $627.1 million.

WD-40 Stock Performance

WDFC stock traded down $1.57 during mid-day trading on Friday, hitting $223.33. 317,957 shares of the company were exchanged, compared to its average volume of 122,506. The business has a 50 day simple moving average of $238.92 and a 200-day simple moving average of $235.97. The company has a current ratio of 2.40, a quick ratio of 1.69 and a debt-to-equity ratio of 0.35. The stock has a market capitalization of $3.03 billion, a PE ratio of 35.62 and a beta of 0.14. WD-40 has a 1-year low of $208.00 and a 1-year high of $292.36.

WD-40 (NASDAQ:WDFC - Get Free Report) last announced its earnings results on Thursday, July 10th. The specialty chemicals company reported $1.54 EPS for the quarter, topping the consensus estimate of $1.40 by $0.14. WD-40 had a net margin of 13.99% and a return on equity of 31.55%. The company had revenue of $156.92 million for the quarter, compared to analysts' expectations of $160.60 million. During the same period last year, the firm earned $1.46 earnings per share. The business's revenue for the quarter was up 1.2% on a year-over-year basis. On average, equities analysts forecast that WD-40 will post 5.42 earnings per share for the current year.

WD-40 Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 31st. Investors of record on Friday, July 18th will be paid a $0.94 dividend. The ex-dividend date of this dividend is Friday, July 18th. This represents a $3.76 dividend on an annualized basis and a yield of 1.68%. WD-40's dividend payout ratio (DPR) is 59.97%.

Analysts Set New Price Targets

Separately, DA Davidson decreased their target price on shares of WD-40 from $322.00 to $300.00 and set a "buy" rating on the stock in a research note on Friday.

Institutional Trading of WD-40

A number of hedge funds and other institutional investors have recently modified their holdings of WDFC. NewEdge Advisors LLC grew its position in WD-40 by 6.6% in the 1st quarter. NewEdge Advisors LLC now owns 1,578 shares of the specialty chemicals company's stock worth $385,000 after purchasing an additional 98 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in WD-40 by 4.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,096 shares of the specialty chemicals company's stock worth $1,975,000 after purchasing an additional 343 shares during the period. AQR Capital Management LLC grew its holdings in WD-40 by 7.4% in the 1st quarter. AQR Capital Management LLC now owns 6,366 shares of the specialty chemicals company's stock worth $1,553,000 after acquiring an additional 437 shares during the last quarter. Strs Ohio bought a new stake in WD-40 in the 1st quarter worth $146,000. Finally, United Services Automobile Association purchased a new stake in shares of WD-40 in the 1st quarter worth about $211,000. 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.

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