Research Analysts Set Expectations for WD-40 Q1 Earnings

WD-40 (NASDAQ:WDFC) – Research analysts at DA Davidson issued their Q1 2025 earnings per share estimates for shares of WD-40 in a research report issued to clients and investors on Monday, October 21st. DA Davidson analyst L. Weiser expects that the specialty chemicals company will post earnings of $1.26 per share for the quarter. DA Davidson 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 $5.30 per share.

Separately, Jefferies Financial Group boosted their target price on WD-40 from $250.00 to $280.00 and gave the stock a “hold” rating in a research report on Friday, October 18th.

WD-40 Trading Up 2.1 %

WDFC stock opened at $263.87 on Tuesday. The company has a market cap of $3.58 billion, a P/E ratio of 51.64 and a beta of -0.08. WD-40 has a twelve month low of $203.10 and a twelve month high of $278.78. The company has a quick ratio of 1.56, a current ratio of 2.27 and a debt-to-equity ratio of 0.40. The business has a fifty day moving average of $257.16 and a 200-day moving average of $242.49.

WD-40 (NASDAQ:WDFC) last posted its quarterly earnings data on Thursday, October 17th. The specialty chemicals company reported $1.23 EPS for the quarter, missing analysts’ consensus estimates of $1.34 by ($0.11). The business had revenue of $156.00 million during the quarter, compared to analyst estimates of $149.20 million. WD-40 had a return on equity of 32.23% and a net margin of 11.79%. WD-40’s revenue for the quarter was up 11.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.21 EPS.

WD-40 Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 31st. Shareholders of record on Friday, October 18th will be paid a $0.88 dividend. This represents a $3.52 annualized dividend and a yield of 1.33%. The ex-dividend date is Friday, October 18th. WD-40’s payout ratio is 68.88%.

Institutional Investors Weigh In On WD-40

Hedge funds have recently modified their holdings of the business. V Square Quantitative Management LLC acquired a new stake in shares of WD-40 during the third quarter worth about $29,000. DekaBank Deutsche Girozentrale acquired a new stake in WD-40 during the 1st quarter worth approximately $34,000. Advisors Asset Management Inc. acquired a new stake in WD-40 during the 1st quarter worth approximately $43,000. Covestor Ltd lifted its holdings in WD-40 by 57.7% during the 1st quarter. Covestor Ltd now owns 216 shares of the specialty chemicals company’s stock worth $55,000 after purchasing an additional 79 shares during the last quarter. Finally, Blue Trust Inc. acquired a new position in WD-40 in the 2nd quarter valued at $67,000. Institutional investors and hedge funds own 91.52% 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.