Recent exceptional positive changes in investment behavior have benefitted Oil-Dri Corp of America (NYSE: ODC): its longer term price trend turned up, the stock’s recent price rise disrupted its longer term downtrend, and positive upside/downside volume developed.
Recent minimal positive changes in fundamentals have benefitted Oil-Dri Corp of America (NYSE: ODC): significant quarterly earnings acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of D. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
ODC is expected to continue to be a Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Oil-Dri has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Oil-Dri has a neutral Power Rating of 42 and a slightly negative Appreciation Score of 39, and the Negative Value Trend Rating results.
Recent Price Action
Oil-Dri Corp of America (NYSE: ODC) stock increased 1.9% on 10/16/24. The shares closed at $69.63. This advance was accompanied by normal trading volume. The stock has performed in line with the market over the last nine months and has risen 7.3% during the last week.
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