WD-40 (NASDAQ:WDFC) Posts Quarterly Earnings Results

WD-40 (NASDAQ:WDFC) issued its quarterly earnings results on Tuesday. The specialty chemicals company reported $1.32 EPS for the quarter, beating analysts’ consensus estimates of $1.27 by $0.05, Zacks reports. WD-40 had a return on equity of 31.68% and a net margin of 11.78%. The firm had revenue of $146.10 million for the quarter, compared to analysts’ expectations of $154.40 million. During the same quarter in the prior year, the firm earned $1.14 EPS. The business’s revenue for the quarter was up 5.0% compared to the same quarter last year. WD-40 updated its FY 2025 guidance to 5.250-5.550 EPS and its FY25 guidance to $5.25-$5.55 EPS.

WD-40 Stock Performance

Shares of WDFC opened at $237.93 on Tuesday. 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 has a market capitalization of $3.22 billion, a price-to-earnings ratio of 45.58 and a beta of 0.03. WD-40 has a 52-week low of $211.03 and a 52-week high of $292.36. The stock’s 50-day simple moving average is $237.92 and its 200 day simple moving average is $251.49.

WD-40 Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Friday, April 18th will be paid a dividend of $0.94 per share. The ex-dividend date is Thursday, April 17th. This represents a $3.76 dividend on an annualized basis and a dividend yield of 1.58%. WD-40’s payout ratio is 72.03%.

Analyst Upgrades and Downgrades

Separately, DA Davidson reiterated a “buy” rating and set a $322.00 target price on shares of WD-40 in a research report on Monday, January 27th.

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.