What is DA Davidson’s Estimate for WD-40 FY2026 Earnings?

WD-40 Company (NASDAQ:WDFC) – Stock analysts at DA Davidson dropped their FY2026 earnings estimates for shares of WD-40 in a research report issued on Thursday, October 23rd. DA Davidson analyst M. Baker now anticipates that the specialty chemicals company will earn $6.00 per share for the year, down from their previous forecast of $6.05. DA Davidson currently has a “Buy” rating and a $300.00 target price on the stock. The consensus estimate for WD-40’s current full-year earnings is $5.42 per share.

WD-40 (NASDAQ:WDFC) last announced its earnings results on Wednesday, October 22nd. The specialty chemicals company reported $1.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.26 by $0.30. WD-40 had a net margin of 14.68% and a return on equity of 31.84%. The company had revenue of $163.47 million during the quarter, compared to analyst estimates of $153.90 million. During the same period in the previous year, the business posted $1.23 earnings per share. The firm’s quarterly revenue was up 4.8% compared to the same quarter last year. WD-40 has set its FY 2025 guidance at 5.750-6.150 EPS.

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of WD-40 in a report on Wednesday, October 8th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $300.00.

WD-40 Trading Down 3.5%

Shares of WD-40 stock opened at $195.38 on Monday. WD-40 has a 1-year low of $187.40 and a 1-year high of $292.36. The company’s fifty day simple moving average is $205.63 and its 200-day simple moving average is $221.65. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.79 and a quick ratio of 2.01. The stock has a market capitalization of $2.64 billion, a PE ratio of 29.25 and a beta of 0.09.

WD-40 Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, October 31st. Investors of record on Monday, October 20th will be issued a $0.94 dividend. The ex-dividend date of this dividend is Monday, October 20th. This represents a $3.76 annualized dividend and a yield of 1.9%. WD-40’s dividend payout ratio is currently 56.29%.

Insider Transactions at WD-40

In other WD-40 news, Director Daniel T. Carter purchased 1,000 shares of the firm’s stock in a transaction on Monday, October 27th. The shares were acquired at an average cost of $199.37 per share, with a total value of $199,370.00. Following the completion of the acquisition, the director directly owned 7,205 shares in the company, valued at $1,436,460.85. The trade was a 16.12% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 0.75% of the company’s stock.

Institutional Trading of WD-40

Several institutional investors have recently made changes to their positions in the business. Alliancebernstein L.P. raised its stake in WD-40 by 1,767.7% during the 1st quarter. Alliancebernstein L.P. now owns 448,180 shares of the specialty chemicals company’s stock valued at $109,356,000 after purchasing an additional 424,183 shares during the period. Norges Bank purchased a new position in WD-40 in the second quarter worth about $36,563,000. Laurel Wealth Advisors LLC increased its position in shares of WD-40 by 22,709.1% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 157,383 shares of the specialty chemicals company’s stock valued at $35,897,000 after purchasing an additional 156,693 shares during the last quarter. Wellington Management Group LLP purchased a new position in WD-40 during the first quarter worth $23,556,000. Finally, Invesco Ltd. increased its position in WD-40 by 122.0% during the first quarter. Invesco Ltd. now owns 162,181 shares of the specialty chemicals company’s stock valued at $39,572,000 after acquiring an additional 89,120 shares during the last quarter. Hedge funds and other institutional investors 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.