WD-40 (NASDAQ:WDFC) Releases FY25 Earnings Guidance

WD-40 (NASDAQ:WDFC - Get Free Report) updated its FY25 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of $5.20-$5.45 for the period, compared to the consensus estimate of $5.36. WD-40 also updated its FY 2025 guidance to 5.200-5.450 EPS.

WD-40 Stock Performance

WD-40 stock traded up $2.13 during mid-day trading on Friday, reaching $240.75. 231,358 shares of the company were exchanged, compared to its average volume of 122,906. WD-40 has a twelve month low of $211.03 and a twelve month high of $292.36. The firm's 50-day simple moving average is $264.59 and its two-hundred day simple moving average is $256.16. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.70 and a current ratio of 2.47. The firm has a market cap of $3.26 billion, a PE ratio of 47.11 and a beta of -0.04.

WD-40 (NASDAQ:WDFC - Get Free Report) last posted its quarterly earnings data on Friday, January 10th. The specialty chemicals company reported $1.39 earnings per share for the quarter, topping analysts' consensus estimates of $1.29 by $0.10. WD-40 had a return on equity of 31.53% and a net margin of 11.79%. The company had revenue of $153.30 million during the quarter, compared to analysts' expectations of $147.40 million. During the same period last year, the firm earned $1.28 EPS. The firm's revenue for the quarter was up 9.2% on a year-over-year basis. Equities analysts predict that WD-40 will post 5.36 earnings per share for the current fiscal year.

WD-40 Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Friday, January 17th will be given a dividend of $0.94 per share. This represents a $3.76 dividend on an annualized basis and a yield of 1.56%. This is a boost from WD-40's previous quarterly dividend of $0.88. The ex-dividend date is Friday, January 17th. WD-40's dividend payout ratio (DPR) is presently 73.58%.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on WDFC. Jefferies Financial Group increased their target price on WD-40 from $250.00 to $280.00 and gave the stock a "hold" rating in a research note on Friday, October 18th. DA Davidson reissued a "buy" rating and set a $322.00 target price on shares of WD-40 in a research note on Monday, November 18th.

Insider Transactions at WD-40

In related news, Director William B. Noble sold 800 shares of the firm's stock in a transaction that occurred 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 completion of the transaction, the director now directly owns 8,999 shares of the company's stock, valued at $2,312,563.02. This trade represents a 8.16 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 0.75% 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.