Donaldson Co Inc. (NYSE: DCI) has reported earnings for its first fiscal quarter (ending October 31) of $0.76 versus $0.71 for the same period a year ago — an increase of 7%. This result exceeded the consensus estimate of $0.72 by $0.04. For the latest four quarters through October 31, E.P.S. were $3.00 versus $2.78 for the same period a year ago — an increase of 8%.
Recent Price Action
Donaldson Co Inc. (NYSE: DCI) stock enjoyed a large increase of 2.1% on 11/29/23. The stock closed at $60.03. Moreover, trading volume in this advance was unusually high at 168% of normal. The stock has performed in line with the market over the last nine months and is unchanged during the last week.
Current PriceTarget Research Rating
DCI is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Donaldson has a current Value Trend Rating of D (Negative). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Donaldson has a poor Appreciation Score of 22 but a neutral Power Rating of 53, and the Negative Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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