Donaldson Company Inc. (DCI) saw downtrend of -0.64% in the recent, registering $46.38 being its most recent bid. The distance of current price level is -20.47% lower than the highest price of $58.32 marked by the stock while trading over the past 52-weeks, whereas it is 49.23% higher than the lowest price of $31.08 the company dropped to over past 52-weeks. The latest news story on DCI appeared in Insider Monkey under the title “Hedge Funds Have Never Been This Bullish On Donaldson Company, Inc. (DCI)” on Sep-28-20.
Squeezing the time span to 30 day period shows us the stock currently buoying -10.32% below one month high and is +2.61% above of the lowest during that time. Looking into the simple moving average, Donaldson Company Inc. (DCI)’s stock is currently standing at a SMA-50 of $49.23 while that of 5-day is reading $46.18.
Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and DCI’s SMA-200 at this time is reading $47.87.
Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. Donaldson Company Inc. (DCI) releasing its most recent results for the quarter ended 7/30/2020 posted a surprise factor of 13.60% for net revenue. During the reported three-month period, company’s sales were $617.4 billion while analysts on average were estimating the same to be $614.99 million.
Looking into the perspective of Donaldson Company Inc. (NYSE:DCI)’s current quarter earnings identifies that analysts are in consensus over the estimate of 0.44 for stock’s EPS in the current quarter. 5 analysts covering the stock at Wall Street were agreed upon that EPS consensus. Company’s EPS for the last quarter was 0.5.
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). Institutions currently hold 126.90 million of DCI’s outstanding shares. That indicates a holding of about 80.60% or $20314.44 of worth by institutional holders in the company.
Moreover, the latest SEC filings also revealed that stock came across 0 new insider purchases involving 0 shares. On the other hand, DCI declared 45,039 shares have been sold in 6 insider transactions over the past three months.
As on Jun 29, 2020, Vanguard Group, Inc. (The) was the top most holder in Donaldson Company Inc. (NYSE:DCI) with an ownership of 12.41 million shares of the company or 9.79% of the stake worth $577.54 million. The filing also reveals State Farm Mutual Automobile Insurance Co as the second largest holder in the company with a control over 8.78% of the stake or worth of $517.92 million for having 11.13 million shares in hand.
Blackrock Inc. also came increasing its position in the company during the recent quarter and it now holds 8.59% of the outstanding shares. With this there are now 438 institutions which have been in possession of DCI’s shares.
Investors are for sure keenly observing the recommendations of analysts at Wall Street about the Donaldson Company Inc. And review of current evaluations agreed by the analysts discloses a Buy rating for DCI. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.80 for the stock. Lower value of between 1 and 2 implies a Buy recommendation whereas the value in the range of above 4 suggests Hold while below 1 recommends the investors to Sell the stock. Currently, the stock has been recommended as Moderate Buy by 7 of the Wall Street analysts.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, liquidity recorded by Donaldson Company Inc. was 2.70 while posting a debt to equity ratio of 0.84. The count was 67.42 for long-term debt to equity ratio.
Company attained a return on equity (ROE) of 28.60% in past 12 months against the same posted by peer companies of the relevant industry. The rising figure indicates that DCI came strengthening itself from within over the past one year. A comparison of company’s ROE with that of the Specialty Industrial Machinery industry and with the broader scale at the Industrials sector level shows that industry’s average ROE is 5.16.
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term average volume of a stock is an effective way to make use of. When looking into those indicators for Donaldson Company Inc. (DCI), we notice that the stock’s 20-day average volume is at 523,345 shares and 100% of that short term indicators are suggesting the stock as Sell. Medium term indicators at an average of 50% are spotting the stock at Buy with its 50-day average volume of 435,288 shares. And to end with, DCI’s 100-day average volume are 509,402 shares with 50% of the long-term indicators pointing towards Sell for the stock.