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Will Ashworth

WD-40 Hits 52-Week High on Earnings: Right Time to Buy?

WD-40 (WDFC) reported Q3 2023 earnings Monday after the close. Not only were its sales and profits higher year-over-year, but they also beat analyst estimates for the quarter. Further, the company confirmed its guidance for the rest of the year.

As a result of the good news, WDFC stock is up nearly 19% mid-way through Tuesday trading. Hitting a 52-week high of $234.69 in morning trading, the company’s stock is now up 41% in 2023.

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