Donaldson Company, Inc. (DCI) Set to Announce Quarterly Earnings on Wednesday
Donaldson Company, Inc. (NYSE:DCI) is scheduled to be posting its quarterly earnings results before the market opens on Wednesday, November 29th. Donaldson has set its FY18 guidance at GAAP $1.79-1.93 EPS.
Donaldson (NYSE:DCI) last announced its earnings results on Thursday, September 7th. The industrial products company reported $0.51 EPS for the quarter, missing the Zacks’ consensus estimate of $0.53 by ($0.02). The company had revenue of $660.10 million during the quarter, compared to analysts’ expectations of $634.41 million. Donaldson had a return on equity of 28.14% and a net margin of 9.81%. Donaldson’s revenue for the quarter was up 11.2% compared to the same quarter last year. During the same quarter last year, the firm posted $0.46 EPS. On average, analysts expect Donaldson to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Donaldson Company, Inc. (DCI) opened at $47.99 on Monday. The company has a market capitalization of $6,230.00, a P/E ratio of 28.40, a PEG ratio of 2.32 and a beta of 1.19. The company has a quick ratio of 1.77, a current ratio of 2.38 and a debt-to-equity ratio of 0.63. Donaldson Company, Inc. has a 1-year low of $39.49 and a 1-year high of $48.91.
The business also recently announced a quarterly dividend, which will be paid on Thursday, December 21st. Stockholders of record on Wednesday, December 6th will be issued a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.50%. The ex-dividend date of this dividend is Tuesday, December 5th. Donaldson’s dividend payout ratio (DPR) is 41.38%.
A number of equities analysts have recently commented on the company. SunTrust Banks, Inc. reiterated a “hold” rating and issued a $46.00 target price on shares of Donaldson in a report on Friday, October 27th. Zacks Investment Research upgraded Donaldson from a “sell” rating to a “hold” rating in a report on Monday, October 30th. BidaskClub cut Donaldson from a “buy” rating to a “hold” rating in a report on Monday, July 31st. Stifel Nicolaus reiterated a “hold” rating on shares of Donaldson in a report on Thursday, October 19th. Finally, Oppenheimer Holdings, Inc. reiterated a “hold” rating on shares of Donaldson in a report on Thursday, September 7th. One analyst has rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $48.00.
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Donaldson Company, Inc is a manufacturer of filtration systems and replacement parts. The Company’s segments include Engine Products, Industrial Products and Corporate. The Company’s products are manufactured at approximately 44 plants around the world and through three joint ventures. The Company offers its products under the Ultra-Web, PowerCore and Donaldson brands.
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