WD-40 (NASDAQ:WDFC) Releases Earnings Results, Misses Estimates By $0.11 EPS

by · The Cerbat Gem

WD-40 (NASDAQ:WDFC – Get Free Report) announced its earnings results on Thursday. The specialty chemicals company reported $1.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.34 by ($0.11), Briefing.com reports. WD-40 had a return on equity of 32.43% and a net margin of 12.07%. The company had revenue of $156.00 million for the quarter, compared to analyst estimates of $149.20 million. During the same period last year, the firm earned $1.21 earnings per share. The firm’s revenue for the quarter was up 11.0% on a year-over-year basis. WD-40 updated its FY25 guidance to $5.20-$5.45 EPS and its FY 2025 guidance to 5.200-5.450 EPS.

WD-40 Stock Performance

WDFC traded down $12.61 during trading on Friday, hitting $251.25. The stock had a trading volume of 303,438 shares, compared to its average volume of 106,590. The firm has a market cap of $3.40 billion, a PE ratio of 49.36 and a beta of -0.08. The company has a current ratio of 2.27, a quick ratio of 1.56 and a debt-to-equity ratio of 0.40. WD-40 has a 12 month low of $194.09 and a 12 month high of $278.78. The company has a 50 day simple moving average of $256.53 and a 200-day simple moving average of $242.44.

WD-40 Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 31st. Stockholders of record on Friday, October 18th will be paid a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.40%. The ex-dividend date of this dividend is Friday, October 18th. WD-40’s payout ratio is 69.16%.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on WDFC shares. DA Davidson lifted their price objective on shares of WD-40 from $303.00 to $322.00 and gave the stock a “buy” rating in a research report on Friday. Jefferies Financial Group raised their price objective on WD-40 from $250.00 to $280.00 and gave the stock a “hold” rating in a research report on Friday.

Get Our Latest Stock Report on WDFC

WD-40 Company Profile

(Get Free Report)

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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