Stocks of Donaldson Co. Inc. (NYSE:DCI) traded higher last session on Wall Street, down -0.07% to $60.16.
According to the data, Donaldson Co. Inc. (NYSE:DCI) has 7 analysts covering its stock. The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $69.00 and a low of $64.00, we find $66.00. Given the previous closing price of $60.20, this indicates a potential upside of 9.63 percent. DCI stock price is now 0.67% away from the 50-day moving average and -3.06% away from the 200-day moving average. The market capitalization of the company currently stands at $7.25B.
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A total of 6 analysts have issued a hold rating and 0 have given it a buy rating. Brokers who have rated the stock have averaged $66.25 as their price target over the next twelve months.
With the price target of $66, Citigroup recently initiated with Neutral rating for Donaldson Co. Inc. (NYSE: DCI).
In other news, Milroy Douglas A., Director sold 26,300 shares of the company’s stock on Aug 30. The stock was sold for $1,681,885 at an average price of $63.95. Upon completion of the transaction, the Director now directly owns 2,824 shares in the company, valued at $0.17 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 30, Chief Legal Officer Becker Amy C sold 3,000 shares of the business’s stock. A total of $191,520 was realized by selling the stock at an average price of $63.84. This leaves the insider owning 35,809 shares of the company worth $2.15 million. Insiders disposed of 198,082 shares of company stock worth roughly $11.92 million over the past 1 year. A total of 0.49% of the company’s stock is owned by insiders.
During the past 12 months, Donaldson Co. Inc. has had a low of $57.05 and a high of $66.96. As of last week, the company has a debt-to-equity ratio of 0.54, a current ratio of 1.70, and a quick ratio of 1.15. According to the stock market information, the enterprise value for the company is $7.72B, which is based on a 20.70 price-to-earnings ratio, a 2.07 price-to-earnings-growth ratio, and a beta of 1.16. The fifty day moving average price for DCI is $59.76 and a two-hundred day moving average price translates $62.06 for the stock.
The latest earnings results from Donaldson Co. Inc. (NYSE: DCI) was released for Jul, 2023. According to the Specialty Industrial Machinery Company, earnings per share came in at $0.78, inline with analysts’ expectations of $0.78. This compares to $0.81 EPS in the same period last year. The net profit margin was 10.46% and return on equity was 29.24% for DCI. The company reported revenue of $879.5 million for the quarter, compared to $890.0 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -1.18 percent. For the current quarter, analysts expect DCI to generate $854.56M in revenue.
Donaldson Co. Inc.(DCI) Company Profile
Donaldson Company, Inc. manufactures and sells filtration systems and replacement parts worldwide. The company operates through three segments: Mobile Solutions, Industrial Solutions, and Life Sciences. Its Mobile Solutions segment provides replacement filters for air and liquid filtration applications, such as air filtration systems; liquid filtration systems for fuel, lube, and hydraulic applications; exhaust and emissions systems and sensors; indicators; and monitoring systems. This segment sells its products to original equipment manufacturers (OEMs) in the construction, mining, agriculture, aerospace, defense, and transportation markets; and to independent distributors, and OEM dealer networks. The company’s Industrial Solutions segment offers dust, fume, and mist collectors; compressed air and industrial gasses purification systems; and hydraulic and lubricated rotating equipment applications, as well as gas and liquid filtration for industrial processes. This segment sells its products to various distributors, OEMs, and end-users. Its Life Sciences segment provides micro-environment gas and liquid filtration for food, beverage, and industrial processes; bioprocessing equipment, that includes bioreactors and fermenters; and bioprocessing consumables, such as chromatography devices, reagents and filters, and polytetrafluoroethylene membrane-based products, as well as specialized air and gas filtration systems for applications, including hard disk drives, semi-conductor manufacturing and sensors, battery systems, and powertrain components to OEMs and various end-users. The company was founded in 1915 and is headquartered in Bloomington, Minnesota.
