Donaldson Co Inc. (NYSE: DCI) has reported earnings for its fourth fiscal quarter (ending July 31) of $0.91 versus $0.76 for the same period a year ago. For the latest four quarters through July 31, E.P.S. were $3.43 versus $2.95 for the same period a year ago.
Recent Price Action
On 8/28/24, Donaldson Co Inc. (NYSE: DCI) stock declined by -3.5%, closing at $71.79. Moreover, this decline was accompanied by exceptionally high trading volume at 269% of normal. Relative to the market the stock has been strong over the last nine months but has declined -1.3% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, DCI is expected to continue to be a major Value Builder.
Donaldson has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Donaldson has a poor Appreciation Score of 22 but a slightly positive Power Rating of 68, with the Low Neutral Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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