WD-40 (NASDAQ:WDFC) Issues FY 2026 Earnings Guidance
by Teresa Graham · The Cerbat GemWD-40 (NASDAQ:WDFC – Get Free Report) updated its FY 2026 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 5.750-6.150 for the period, compared to the consensus estimate of 6.060. The company issued revenue guidance of $630.0 million-$655.0 million, compared to the consensus revenue estimate of $650.4 million.
WD-40 Stock Down 4.0%
NASDAQ WDFC opened at $214.01 on Friday. The company has a quick ratio of 2.05, a current ratio of 2.97 and a debt-to-equity ratio of 0.32. WD-40 has a 52 week low of $175.38 and a 52 week high of $253.24. The firm has a market capitalization of $2.89 billion, a price-to-earnings ratio of 36.40 and a beta of 0.25. The company has a fifty day moving average of $228.33 and a two-hundred day moving average of $209.48.
WD-40 (NASDAQ:WDFC – Get Free Report) last announced its earnings results on Thursday, April 9th. The specialty chemicals company reported $1.50 earnings per share for the quarter, beating the consensus estimate of $1.39 by $0.11. The business had revenue of $161.67 million for the quarter, compared to the consensus estimate of $154.90 million. WD-40 had a net margin of 12.57% and a return on equity of 30.40%. The business’s revenue for the quarter was up 10.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.32 earnings per share. On average, analysts predict that WD-40 will post 5.42 earnings per share for the current year.
WD-40 Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Friday, April 17th will be paid a $1.02 dividend. The ex-dividend date of this dividend is Friday, April 17th. This represents a $4.08 annualized dividend and a yield of 1.9%. WD-40’s dividend payout ratio (DPR) is presently 62.10%.
Analyst Upgrades and Downgrades
Several research analysts have issued reports on WDFC shares. William Blair initiated coverage on WD-40 in a research report on Monday, April 6th. They set an “outperform” rating for the company. DA Davidson decreased their price target on WD-40 from $300.00 to $270.00 and set a “buy” rating for the company in a research note on Friday. Finally, Weiss Ratings restated a “hold (c)” rating on shares of WD-40 in a report on Wednesday, January 21st. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $270.00.
View Our Latest Analysis on WD-40
Insider Buying and Selling
In related news, Director David Pendarvis bought 424 shares of the company’s stock in a transaction on Thursday, February 5th. The shares were acquired at an average cost of $247.15 per share, for a total transaction of $104,791.60. Following the purchase, the director directly owned 6,898 shares of the company’s stock, valued at approximately $1,704,840.70. The trade was a 6.55% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.78% of the stock is owned by corporate insiders.
More WD-40 News
Here are the key news stories impacting WD-40 this week:
- Positive Sentiment: Strong cash generation, dividend track record and accelerating buybacks support the long‑term case; MarketBeat highlights institutional accumulation and management’s plan to exhaust the current repurchase authorization in 2026, which can underpin shareholder returns. Read More.
- Positive Sentiment: DA Davidson trimmed its price target from $300 to $270 but kept a Buy rating — that reduces upside expectations but preserves sell‑side endorsement that can stabilize demand. Read More.
- Neutral Sentiment: Q2 results: revenue of $161.7M (+10.7% YoY) beat estimates and gross profit improved; operating cash flow rose strongly—signals of business resiliency even as profit dynamics shift. Read More.
- Negative Sentiment: FY2026 guidance was provided at EPS $5.75–6.15 (consensus ~6.06) and revenue $630–655M (consensus ~650.4M); the midpoint is modestly below forecasts, which is the primary near‑term negative driver for the stock. Read More.
- Negative Sentiment: Profitability pressure: net income and diluted EPS declined sharply YoY (EPS down ~31% YoY) despite the beats—investors are focused on rising costs and margin dynamics flagged on the earnings call. Read More.
- Negative Sentiment: Analyst caution and downgrade risk: commentary such as Seeking Alpha’s note about downgrade risk is amplifying bearish sentiment and may accelerate selling if guidance or margins are re‑seen as deteriorating. Read More.
Institutional Trading of WD-40
Hedge funds have recently bought and sold shares of the stock. Alliancebernstein L.P. raised its position in shares of WD-40 by 6.4% in the 3rd quarter. Alliancebernstein L.P. now owns 533,738 shares of the specialty chemicals company’s stock worth $105,467,000 after acquiring an additional 32,333 shares in the last quarter. Ameriprise Financial Inc. boosted its position in WD-40 by 24.4% during the second quarter. Ameriprise Financial Inc. now owns 333,505 shares of the specialty chemicals company’s stock valued at $76,069,000 after purchasing an additional 65,423 shares in the last quarter. First Trust Advisors LP grew its stake in WD-40 by 62.5% in the fourth quarter. First Trust Advisors LP now owns 289,954 shares of the specialty chemicals company’s stock valued at $57,092,000 after purchasing an additional 111,559 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in WD-40 by 0.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 286,391 shares of the specialty chemicals company’s stock valued at $56,392,000 after purchasing an additional 2,296 shares during the last quarter. Finally, Balyasny Asset Management L.P. bought a new position in WD-40 in the fourth quarter worth about $29,291,000. Hedge funds and other institutional investors own 91.52% of the company’s stock.
About WD-40
WD-40 Company, headquartered in San Diego, California, is best known for its flagship WD-40® Multi-Use Product, a water-displacing spray used for lubrication, rust prevention and cleaning. Since its introduction in 1953 by the Rocket Chemical Company, the WD-40 brand has become a household and industrial staple. Over time, the company has broadened its portfolio to include complementary maintenance and cleaning brands such as 3-IN-ONE® oils, Lava® hand cleaners, Solvol® solvents, Spot Shot® stain removers and X-14® cleaning products.
WD-40 Company distributes its products in more than 176 countries through retail, industrial and automotive channels.