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

Key Points

• WD-40 updated its FY 2025 earnings guidance with an EPS range of 5.750-6.150, surpassing the consensus estimate of 5.530, and projected revenue between $630 million and $655 million, above the consensus of $614.2 million.
• The company is set to pay a quarterly dividend of $0.94 per share on October 31, with a current yield of 1.9% and a payout ratio of 59.21%.
• WD-40's stock received mixed ratings from analysts, with one analyst rating it as a Buy and another as Hold, while the consensus rating remains a "Moderate Buy" with a price target of $300.00.

WD-40 (NASDAQ:WDFC - Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 5.750-6.150 for the period, compared to the consensus earnings per share estimate of 5.530. The company issued revenue guidance of $630.0 million-$655.0 million, compared to the consensus revenue estimate of $614.2 million.

WD-40 Trading Up 1.2%

Shares of WDFC traded up $2.40 during trading hours on Wednesday, reaching $200.98. 244,301 shares of the company traded hands, compared to its average volume of 144,116. The company's fifty day moving average price is $207.27 and its two-hundred day moving average price is $222.22. The company has a market capitalization of $2.72 billion, a price-to-earnings ratio of 31.65 and a beta of 0.09. The company has a quick ratio of 2.02, a current ratio of 2.84 and a debt-to-equity ratio of 0.33. WD-40 has a 12 month low of $187.40 and a 12 month high of $292.36.

WD-40 (NASDAQ:WDFC - Get Free Report) last announced its earnings results on Wednesday, October 22nd. The specialty chemicals company reported $1.56 earnings per share for the quarter, beating analysts' consensus estimates of $1.26 by $0.30. WD-40 had a net margin of 14.13% and a return on equity of 31.23%. WD-40 has set its FY 2025 guidance at 5.750-6.150 EPS. Equities research analysts predict that WD-40 will post 5.42 earnings per share for the current fiscal year.

WD-40 Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 31st. Investors 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 1.9%. WD-40's payout ratio is presently 59.21%.

Wall Street Analysts Forecast Growth

Several research firms recently commented on WDFC. Weiss Ratings reissued a "hold (c)" rating on shares of WD-40 in a research note on Wednesday, October 8th. DA Davidson dropped their price target 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, July 11th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, WD-40 has a consensus rating of "Moderate Buy" and a consensus target price of $300.00.

Institutional Investors Weigh In On WD-40

Hedge funds have recently bought and sold shares of the business. EverSource Wealth Advisors LLC raised its stake in WD-40 by 207.8% during the second quarter. EverSource Wealth Advisors LLC now owns 157 shares of the specialty chemicals company's stock valued at $36,000 after purchasing an additional 106 shares in the last quarter. WFA of San Diego LLC purchased a new stake in WD-40 during the second quarter valued at $131,000. Strs Ohio purchased a new stake in WD-40 during the first quarter valued at $146,000. United Services Automobile Association purchased a new stake in WD-40 during the first quarter valued at $211,000. Finally, Caxton Associates LLP purchased a new stake in shares of WD-40 in the first quarter valued at $225,000. 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.

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