Donaldson Co Inc. (NYSE: DCI) has reported earnings for its second fiscal quarter (ending January 31) of $0.82 versus $0.71 for the same period a year ago — an increase of 15%. This result was in line with the consensus estimate of $0.82. E.P.S. were $3.11 for the latest four quarters through January 31 versus $2.91 for the same period a year ago — an increase of 7%.
Recent Price Action
On 2/28/24, Donaldson Co Inc. (NYSE: DCI) stock enjoyed a very large increase of 5.3%, closing at $70.67. Moreover, exceptionally high trading volume at 250% of normal accompanied the advance. The stock has risen 6.5% during the last week and has been strong relative to the market over the last nine months.
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). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. Donaldson has a poor Appreciation Score of 21 but a slightly positive Power Rating of 64, 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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