WD-40 (WDFC) Projected to Post Earnings on Tuesday

WD-40 (NASDAQ:WDFC - Get Free Report) is projected to post its quarterly earnings results before the market opens on Tuesday, April 8th. Analysts expect WD-40 to post earnings of $1.27 per share and revenue of $154.40 million for the quarter. WD-40 has set its FY25 guidance at $5.20-$5.45 EPS and its FY 2025 guidance at 5.200-5.450 EPS.

WD-40 (NASDAQ:WDFC - Get Free Report) last announced its quarterly earnings results on Friday, January 10th. The specialty chemicals company reported $1.39 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.29 by $0.10. The business had revenue of $153.30 million during the quarter, compared to the consensus estimate of $147.40 million. WD-40 had a net margin of 11.78% and a return on equity of 31.68%. The business's revenue was up 9.2% compared to the same quarter last year. During the same quarter last year, the firm posted $1.28 EPS. On average, analysts expect WD-40 to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

WD-40 Price Performance

WDFC stock traded up $0.82 during trading on Tuesday, reaching $244.82. 92,562 shares of the company were exchanged, compared to its average volume of 100,594. 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 stock's 50 day moving average price is $236.73 and its 200 day moving average price is $252.04. WD-40 has a 52-week low of $211.03 and a 52-week high of $292.36. The company has a market cap of $3.32 billion, a P/E ratio of 46.90 and a beta of -0.10.

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WD-40 Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Friday, April 18th will be paid a dividend of $0.94 per share. This represents a $3.76 annualized dividend and a dividend yield of 1.54%. The ex-dividend date is Thursday, April 17th. WD-40's dividend payout ratio (DPR) is 72.03%.

Wall Street Analysts Forecast Growth

Separately, DA Davidson reiterated a "buy" rating and issued a $322.00 price objective on shares of WD-40 in a research report on Monday, January 27th.

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.