WD-40 Company (NASDAQ:WDFC) Stock Has Consensus Price Target of $305.00 According to Brokerages

Shares of WD-40 Company (NASDAQ:WDFC) have earned a consensus rating of “Moderate Buy” from the six research firms that are covering the firm, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold recommendation, two have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price target among brokers that have covered the stock in the last year is $305.00.

Several research analysts have issued reports on the company. Weiss Ratings lowered WD-40 from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, September 18th. Zacks Research cut shares of WD-40 from a “strong-buy” rating to a “hold” rating in a research report on Friday, September 11th. DA Davidson raised their price objective on WD-40 from $270.00 to $305.00 and gave the stock a “buy” rating in a report on Friday, July 10th. Finally, Jefferies Financial Group restated a “hold” rating on shares of WD-40 in a report on Friday, July 10th.

Insider Activity

In related news, insider Patricia Olsem sold 300 shares of the business’s stock in a transaction on Monday, August 10th. The stock was sold at an average price of $233.73, for a total transaction of $70,119.00. Following the transaction, the insider directly owned 4,774 shares in the company, valued at $1,115,827.02. The trade was a 5.91% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 0.78% of the company’s stock.

Institutional Trading of WD-40

Several institutional investors and hedge funds have recently bought and sold shares of the business. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in shares of WD-40 during the second quarter worth about $1,814,000. BlackRock Inc. purchased a new stake in shares of WD-40 during the second quarter worth approximately $505,734,000. Jupiter Topco LLC purchased a new position in WD-40 in the 2nd quarter valued at $1,503,000. One Wealth Advisors LLC purchased a new stake in shares of WD-40 during the second quarter worth $1,705,000. Finally, Man Group plc acquired a new stake in shares of WD-40 in the second quarter valued at about $2,791,000. 91.52% of the stock is currently owned by institutional investors and hedge funds.

WD-40 Price Performance

NASDAQ:WDFC opened at $212.71 on Friday. The business’s 50-day moving average is $204.98 and its 200 day moving average is $216.84. WD-40 has a 12 month low of $175.38 and a 12 month high of $298.90. The company has a current ratio of 2.57, a quick ratio of 1.95 and a debt-to-equity ratio of 0.31. The company has a market capitalization of $2.85 billion, a P/E ratio of 34.99 and a beta of 0.27.

WD-40 (NASDAQ:WDFC) last issued its quarterly earnings data on Wednesday, October 21st. The specialty chemicals company reported $1.06 EPS for the quarter, missing analysts’ consensus estimates of $1.13 by ($0.07). The business had revenue of $176.78 million during the quarter, compared to analysts’ expectations of $172.07 million. WD-40 had a return on equity of 30.84% and a net margin of 11.97%. The business’s quarterly revenue was up 8.1% on a year-over-year basis. During the same period in the previous year, the business earned $1.56 earnings per share. On average, equities research analysts forecast that WD-40 will post 6.59 earnings per share for the current fiscal year.

WD-40 Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Monday, October 19th will be issued a $1.02 dividend. This represents a $4.08 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date is Monday, October 19th. WD-40’s dividend payout ratio (DPR) is currently 62.01%.

Key Headlines Impacting WD-40

Here are the key news stories impacting WD-40 this week:

• Positive Sentiment: Strong revenue performance: Fiscal fourth-quarter revenue rose 8.1% year over year to $176.8 million, exceeding analyst expectations of approximately $172.1 million. Full-year net sales increased 11% to $688 million, indicating continued demand for WD-40’s products. Earnings Flash
• Positive Sentiment: Fiscal 2027 outlook broadly supports expectations: Management guided for EPS of $6.40 to $6.70 and revenue of $715 million to $735 million. The midpoint of both ranges is close to consensus estimates, reducing concerns about a sharp slowdown. Fiscal 2027 Guidance
• Positive Sentiment: Potential margin recovery and shareholder returns: Management expects profitability to improve, while accelerated share repurchases and the transition of Japan to a direct-market model could support future earnings and capital returns. WD-40 Could Reward Patient Investors
• Neutral Sentiment: Valuation is under scrutiny: Following an approximately 8% recent rise, commentary questioned whether WDFC has moved above fair value, which could limit near-term upside even if operating results improve. Fair Value Analysis
• Negative Sentiment: Quarterly profit missed expectations: EPS was $1.06 versus the $1.13 consensus and fell from $1.56 a year earlier, reflecting near-term margin pressure. Q4 Earnings Miss

WD-40 Company Profile

WD-40 Company develops and markets maintenance, cleaning and homecare products for consumers, professional tradespeople and industrial users. Its best-known product is WD-40 Multi-Use Product, a spray designed to displace moisture, protect metal, loosen rusted parts and lubricate equipment. The company also offers WD-40 Specialist products for specific maintenance applications and the 3-IN-ONE line of lubricants.

The company’s homecare and cleaning portfolio has included brands such as X-14, 2000 Flushes and Carpet Fresh.