WD-40 Company (NASDAQ:WDFC) Stock Has Consensus Price Target of $305.00 According to Analysts

WD-40 Company (NASDAQ:WDFC) has earned an average recommendation of “Moderate Buy” from the six ratings firms that are currently covering the stock, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $305.00.

A number of brokerages have issued reports on WDFC. Northcoast Research upgraded shares of WD-40 to a “strong-buy” rating in a research note on Wednesday, June 24th. Weiss Ratings cut shares of WD-40 from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, September 18th. DA Davidson lifted their price objective on shares of WD-40 from $270.00 to $305.00 and gave the company a “buy” rating in a report on Friday, July 10th. Zacks Research downgraded shares of WD-40 from a “strong-buy” rating to a “hold” rating in a research note on Friday, September 11th. Finally, Jefferies Financial Group reiterated a “hold” rating on shares of WD-40 in a report on Friday, July 10th.

Insider Buying and Selling at WD-40

In other news, insider Patricia Olsem sold 200 shares of the stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $234.72, for a total value of $46,944.00. Following the sale, the insider directly owned 4,574 shares in the company, valued at approximately $1,073,609.28. This trade represents a 4.19% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.78% of the company’s stock.

Institutional Investors Weigh In On WD-40

Large investors have recently bought and sold shares of the stock. Cim Investment Management Inc. raised its position in WD-40 by 7.3% in the 2nd quarter. Cim Investment Management Inc. now owns 1,255 shares of the specialty chemicals company’s stock valued at $306,000 after purchasing an additional 85 shares in the last quarter. Tidal Investments LLC acquired a new position in shares of WD-40 during the second quarter worth about $710,000. Integrated Wealth Concepts LLC purchased a new stake in shares of WD-40 during the second quarter worth approximately $88,000. Nykredit A S purchased a new stake in shares of WD-40 during the second quarter worth approximately $237,000. Finally, Brown Lisle Cummings Inc. acquired a new stake in WD-40 in the second quarter valued at approximately $97,000. Hedge funds and other institutional investors own 91.52% of the company’s stock.

WD-40 Trading Up 0.2%

Shares of NASDAQ WDFC opened at $202.33 on Tuesday. The company has a current ratio of 2.65, a quick ratio of 1.95 and a debt-to-equity ratio of 0.31. The stock has a market capitalization of $2.72 billion, a PE ratio of 30.75 and a beta of 0.27. WD-40 has a twelve month low of $175.38 and a twelve month high of $298.90. The stock has a fifty day simple moving average of $213.86 and a 200-day simple moving average of $217.85.

WD-40 (NASDAQ:WDFC) last posted its earnings results on Thursday, July 9th. The specialty chemicals company reported $2.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.58 by $0.75. WD-40 had a return on equity of 33.53% and a net margin of 13.23%.The firm had revenue of $195.12 million for the quarter, compared to analyst estimates of $172.79 million. During the same quarter in the prior year, the company earned $1.54 EPS. WD-40’s revenue was up 24.3% on a year-over-year basis. WD-40 has set its FY 2026 guidance at 6.050-6.350 EPS. On average, equities analysts forecast that WD-40 will post 6.24 earnings per share for the current year.

WD-40 Company Profile

WD-40 Company develops and markets maintenance, cleaning, and homecare products for consumer, professional, and industrial users. Its best-known product is WD-40 Multi-Use Product, a water-displacing formula used to loosen stuck parts, protect against corrosion, remove residue, and lubricate equipment.

The company also offers specialty maintenance products under the WD-40 Specialist brand, as well as products marketed under brands such as 3-IN-ONE, GT85, and 1001. These products serve automotive, industrial, marine, construction, household, and do-it-yourself applications.

Founded in 1953 and headquartered in San Diego, California, WD-40 Company sells its products through retailers, distributors, and industrial channels in markets around the world.