WD-40 (NASDAQ:WDFC – Get Free Report) updated its FY 2025 earnings guidance on Friday. The company provided EPS guidance of 5.200-5.450 for the period, compared to the consensus EPS estimate of 5.360. The company issued revenue guidance of $600.0 million-$630.0 million, compared to the consensus revenue estimate of $623.0 million. WD-40 also updated its FY25 guidance to $5.20-$5.45 EPS.
Analyst Upgrades and Downgrades
WDFC has been the subject of a number of recent analyst reports. DA Davidson reiterated a “buy” rating and issued a $322.00 price target on shares of WD-40 in a research note on Monday, November 18th. Jefferies Financial Group raised their target price on shares of WD-40 from $250.00 to $280.00 and gave the company a “hold” rating in a research note on Friday, October 18th.
Get Our Latest Research Report on WDFC
WD-40 Stock Performance
WD-40 (NASDAQ:WDFC – Get Free Report) last released its quarterly earnings results on Friday, January 10th. The specialty chemicals company reported $1.39 earnings per share for the quarter, beating the consensus estimate of $1.29 by $0.10. The firm had revenue of $153.30 million for the quarter, compared to analysts’ expectations of $147.40 million. WD-40 had a net margin of 11.79% and a return on equity of 31.53%. The business’s revenue was up 9.2% on a year-over-year basis. During the same period in the prior year, the firm earned $1.28 EPS. As a group, equities research analysts predict that WD-40 will post 5.36 EPS for the current year.
WD-40 Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Investors 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 positive change from WD-40’s previous quarterly dividend of $0.88. The ex-dividend date of this dividend is Friday, January 17th. WD-40’s dividend payout ratio (DPR) is currently 73.58%.
Insiders Place Their Bets
In other 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 transaction of $205,584.00. Following the sale, the director now directly owns 8,999 shares of the company’s stock, valued at approximately $2,312,563.02. This represents a 8.16 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.75% 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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