What is DA Davidson's Estimate for WD-40 FY2026 Earnings?

WD-40 (NASDAQ:WDFC - Free Report) - Investment analysts at DA Davidson issued their FY2026 EPS estimates for shares of WD-40 in a research report issued on Tuesday, October 22nd. DA Davidson analyst L. Weiser anticipates that the specialty chemicals company will earn $5.93 per share for the year. DA Davidson currently has a "Buy" rating and a $322.00 price target on the stock. The consensus estimate for WD-40's current full-year earnings is $5.36 per share.

WD-40 (NASDAQ:WDFC - Get Free Report) last announced its quarterly earnings results on Thursday, October 17th. The specialty chemicals company reported $1.23 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.34 by ($0.11). The firm had revenue of $156.00 million during the quarter, compared to analysts' expectations of $149.20 million. WD-40 had a return on equity of 31.53% and a net margin of 11.79%. The company's quarterly revenue was up 11.0% compared to the same quarter last year. During the same period in the previous year, the company posted $1.21 earnings per share.

Separately, Jefferies Financial Group lifted their price objective on WD-40 from $250.00 to $280.00 and gave the company a "hold" rating in a research note on Friday, October 18th.

WD-40 Price Performance

NASDAQ WDFC traded up $3.73 on Thursday, hitting $267.92. The stock had a trading volume of 137,104 shares, compared to its average volume of 107,585. The firm has a 50-day moving average of $257.81 and a 200-day moving average of $242.82. The company has a market capitalization of $3.63 billion, a price-to-earnings ratio of 52.43 and a beta of -0.08. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.70 and a current ratio of 2.47. WD-40 has a 52-week low of $207.95 and a 52-week high of $278.78.

WD-40 Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 31st. Investors of record on Friday, October 18th will be paid a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a yield of 1.31%. The ex-dividend date is Friday, October 18th. WD-40's dividend payout ratio is currently 68.88%.

Insider Buying and Selling at WD-40

In related news, Director William B. Noble sold 800 shares of the stock in a transaction on Tuesday, October 22nd. The stock was sold at an average price of $256.98, for a total value of $205,584.00. Following the transaction, the director now owns 8,999 shares of the company's stock, valued at $2,312,563.02. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.65% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Acadian Asset Management LLC lifted its stake in shares of WD-40 by 1,131.2% in the 1st quarter. Acadian Asset Management LLC now owns 4,063 shares of the specialty chemicals company's stock valued at $1,023,000 after acquiring an additional 3,733 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of WD-40 by 0.4% during the first quarter. Vanguard Group Inc. now owns 1,623,994 shares of the specialty chemicals company's stock valued at $411,374,000 after purchasing an additional 6,532 shares during the period. Jupiter Asset Management Ltd. bought a new position in shares of WD-40 in the first quarter worth approximately $20,491,000. Lord Abbett & CO. LLC bought a new position in shares of WD-40 in the first quarter worth approximately $4,180,000. Finally, Quest Partners LLC purchased a new position in shares of WD-40 in the second quarter worth $547,000. 91.52% of the stock is currently owned by institutional investors.

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.