WD-40 (NASDAQ:WDFC) Issues FY 2025 Earnings Guidance
by Kim Johansen · The Markets DailyWD-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.
WD-40 Stock Performance
Shares of WDFC stock traded up $2.13 during mid-day trading on Friday, reaching $240.75. The stock had a trading volume of 231,358 shares, compared to its average volume of 122,906. WD-40 has a one year low of $211.03 and a one year high of $292.36. The company has a quick ratio of 1.70, a current ratio of 2.47 and a debt-to-equity ratio of 0.37. The firm’s 50 day simple moving average is $265.06 and its 200 day simple moving average is $256.02. 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 announced its earnings results on Friday, January 10th. The specialty chemicals company reported $1.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.29 by $0.10. The business had revenue of $153.30 million during 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 firm’s revenue for the quarter was up 9.2% on a year-over-year basis. During the same quarter last year, the company posted $1.28 EPS. On average, analysts forecast that WD-40 will post 5.36 EPS for the current year.
WD-40 Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Friday, January 17th will be issued a $0.94 dividend. This is a boost from WD-40’s previous quarterly dividend of $0.88. The ex-dividend date of this dividend is Friday, January 17th. This represents a $3.76 annualized dividend and a yield of 1.56%. WD-40’s dividend payout ratio (DPR) is currently 73.58%.
Analyst Ratings Changes
A number of research analysts have issued reports on WDFC shares. DA Davidson restated a “buy” rating and set a $322.00 target price on shares of WD-40 in a research report on Monday, November 18th. Jefferies Financial Group increased their price objective on shares of WD-40 from $250.00 to $280.00 and gave the company a “hold” rating in a report on Friday, October 18th.
View Our Latest Report on WD-40
Insider Activity at WD-40
In related news, Director William B. Noble sold 1,000 shares of the firm’s stock in a transaction on Wednesday, November 13th. The stock was sold at an average price of $289.70, for a total transaction of $289,700.00. Following the sale, the director now owns 7,999 shares of the company’s stock, valued at approximately $2,317,310.30. This trade represents a 11.11 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.75% of the stock is currently owned by corporate insiders.
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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