Donaldson Company, Inc. (NYSE: DCI) spotted trading -1.69% off 52-week high price. On the other end, the stock has been noted 39.91% away from the low price over the last 52-weeks. The stock changed 1.06% to recent value of $56.34. The stock transacted 674513 shares during most recent day however it has an average volume of 456.82K shares. The company has 127.7M of outstanding shares and 125.72M shares were floated in the market.
Donaldson Company, Inc. (NYSE: DCI) came out with quarterly earnings of $0.61 per share, beating the Consensus Estimate of $0.60 per share. This compares to earnings of $0.58 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 1.67%. A quarter ago, it was predictable that this maker of filtration systems would post earnings of $0.62 per share when it actually produced earnings of $0.58, delivering a surprise of -6.45%.
Donaldson, which belongs to the Pollution Control industry, posted revenues of $726.90Mfor the quarter ended July 2019, surpassing the Consensus Estimate by 0.57%. This compares to year-before revenues of $724.70M. The company has topped consensus revenue estimates two times over the last four quarters.
The sustainability of the stock’s immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management’s commentary on the earnings call.
Donaldson shares have added about 8.3% since the starting of the year versus the S&P 500’s gain of 17.2%.
The current consensus EPS estimate is $0.57 on $715.90M in revenues for the coming quarter and $2.38 on $2.93B in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Industry Rank, Pollution Control is presently in the top 42% of the 250 plus industries. Our research shows that the top 50% of the ranked industries outperform the bottom 50% by a factor of over 2 to 1.
Its earnings per share (EPS) expected to touch remained 9.70% for this year while earning per share for the next 5-years is expected to reach at 8.00%. DCI has a gross margin of 33.30% and an operating margin of 13.60% while its profit margin remained 9.40% for the last 12 months. According to the most recent quarter its current ratio was 2.3 that represent company’s ability to meet its current financial obligations. The price moved ahead of 6.42% from the mean of 20 days, 9.15% from mean of 50 days SMA and performed 12.15% from mean of 200 days price. Company’s performance for the week was 6.83%, 12.46% for month and YTD performance remained 29.85%.