Wd-40 company stock hits 52-week low at 193.64 USD

Published 01/10/2025, 17:22
Wd-40 company stock hits 52-week low at 193.64 USD

WD-40 Company stock reached a 52-week low, trading at 193.64 USD. According to InvestingPro data, the company maintains strong fundamentals with a perfect Piotroski Score of 9 and impressive gross profit margins of 54.9%. This decline marks a significant downturn for the company, which has seen its stock price fall by 24.83% over the past year. Despite market challenges, the company has maintained dividend payments for 33 consecutive years, with a current yield of 1.9%. The lubricant manufacturer, known for its iconic multi-use product, has faced challenges in maintaining its stock value amid fluctuating market conditions and evolving consumer demands. The recent dip to a 52-week low highlights the company’s ongoing struggle to regain investor confidence and stabilize its financial performance. Analyst targets suggest potential upside, with detailed analysis available in the comprehensive Pro Research Report on InvestingPro.

In other recent news, WD-40 Company reported its third-quarter earnings for 2025, achieving a diluted earnings per share (EPS) of $1.54, which exceeded analyst expectations of $1.42. However, the company’s revenue of $156.9 million did not meet the projected $160.6 million. Despite the revenue shortfall, the company demonstrated strong performance in its largest market, with increased gross margins and profits compared to the previous quarter. DA Davidson maintained a Buy rating on WD-40, although it lowered the price target from $322 to $300, attributing the adjustment to currency trends. The firm also noted a solid quarter for WD-40, with growth in the Americas and Asia-Pacific regions offsetting a decline in EIMEA due to timing issues with customer orders. Additionally, WD-40 benefited from a one-time income tax benefit of $11.9 million in the second quarter of fiscal year 2025, which boosted its earnings per share by approximately $0.87. These developments reflect the company’s ongoing efforts to navigate market challenges while maintaining profitability.

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