DA Davidson Upgrades WD-40 (NASDAQ:WDFC) to Strong-Buy

WD-40 (NASDAQ:WDFC) was upgraded by research analysts at DA Davidson to a “strong-buy” rating in a research note issued on Monday,Zacks.com reports. DA Davidson also issued estimates for WD-40’s Q3 2025 earnings at $1.42 EPS.

WD-40 Stock Up 0.5 %

Shares of NASDAQ:WDFC opened at $223.24 on Monday. WD-40 has a 52 week low of $208.00 and a 52 week high of $292.36. The company has a market capitalization of $3.02 billion, a PE ratio of 42.77 and a beta of 0.03. The company’s fifty day moving average is $235.68 and its 200-day moving average is $249.75. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.75 and a current ratio of 2.44.

WD-40 (NASDAQ:WDFC) last announced its earnings results on Tuesday, April 8th. The specialty chemicals company reported $1.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.27 by $0.05. WD-40 had a net margin of 11.78% and a return on equity of 31.68%. The company had revenue of $146.10 million for the quarter, compared to analyst estimates of $154.40 million. During the same period in the prior year, the business earned $1.14 earnings per share. WD-40’s quarterly revenue was up 5.0% on a year-over-year basis. Equities research analysts predict that WD-40 will post 5.42 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Ameriflex Group Inc. acquired a new position in WD-40 in the fourth quarter valued at about $25,000. TD Waterhouse Canada Inc. bought a new stake in WD-40 during the 4th quarter worth about $27,000. Versant Capital Management Inc increased its holdings in WD-40 by 96.1% during the first quarter. Versant Capital Management Inc now owns 149 shares of the specialty chemicals company’s stock worth $36,000 after buying an additional 73 shares during the last quarter. Farther Finance Advisors LLC raised its holdings in shares of WD-40 by 420.0% in the 1st quarter. Farther Finance Advisors LLC now owns 156 shares of the specialty chemicals company’s stock valued at $38,000 after purchasing an additional 126 shares during the period. Finally, Parallel Advisors LLC raised its holdings in shares of WD-40 by 82.6% in the 1st quarter. Parallel Advisors LLC now owns 157 shares of the specialty chemicals company’s stock valued at $38,000 after purchasing an additional 71 shares during the period. 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.