Donaldson (DCI) Getting Somewhat Favorable Press Coverage, Study Shows
Headlines about Donaldson (NYSE:DCI) have trended somewhat positive on Sunday, Accern Sentiment reports. Accern identifies positive and negative press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Donaldson earned a news sentiment score of 0.21 on Accern’s scale. Accern also gave media coverage about the industrial products company an impact score of 46.6016524303981 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Shares of Donaldson (NYSE DCI) traded up $0.41 on Friday, hitting $49.56. 433,859 shares of the stock traded hands, compared to its average volume of 388,226. The firm has a market capitalization of $6,438.24, a P/E ratio of 28.00, a price-to-earnings-growth ratio of 2.25 and a beta of 1.21. Donaldson has a twelve month low of $41.28 and a twelve month high of $50.10. The company has a quick ratio of 2.13, a current ratio of 2.90 and a debt-to-equity ratio of 0.72.
Donaldson (NYSE:DCI) last posted its quarterly earnings results on Thursday, November 30th. The industrial products company reported $0.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.42 by $0.04. The firm had revenue of $644.80 million during the quarter, compared to analysts’ expectations of $602.02 million. Donaldson had a net margin of 9.57% and a return on equity of 28.49%. The firm’s revenue for the quarter was up 16.6% on a year-over-year basis. During the same period in the prior year, the company posted ($0.05) earnings per share. sell-side analysts forecast that Donaldson will post 1.99 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Thursday, December 21st. Investors of record on Wednesday, December 6th were issued a dividend of $0.18 per share. The ex-dividend date of this dividend was Tuesday, December 5th. This represents a $0.72 annualized dividend and a yield of 1.45%. Donaldson’s dividend payout ratio is currently 40.68%.
Several equities research analysts have recently weighed in on the stock. SunTrust Banks reiterated a “hold” rating and set a $50.00 target price on shares of Donaldson in a research note on Friday, December 1st. Stifel Nicolaus reiterated a “hold” rating on shares of Donaldson in a research note on Thursday, October 19th. Jefferies Group reiterated a “buy” rating and set a $54.00 target price on shares of Donaldson in a research note on Tuesday, October 3rd. Zacks Investment Research downgraded shares of Donaldson from a “hold” rating to a “sell” rating in a research note on Tuesday, October 17th. Finally, Oppenheimer reiterated a “hold” rating on shares of Donaldson in a research note on Monday, December 18th. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Donaldson currently has an average rating of “Hold” and a consensus target price of $50.60.
In related news, insider Melissa A. Osland sold 1,453 shares of the stock in a transaction dated Thursday, December 14th. The shares were sold at an average price of $48.26, for a total transaction of $70,121.78. Following the completion of the transaction, the insider now directly owns 4,174 shares of the company’s stock, valued at $201,437.24. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 1.09% of the company’s stock.
ILLEGAL ACTIVITY NOTICE: “Donaldson (DCI) Getting Somewhat Favorable Press Coverage, Study Shows” was first posted by Watch List News and is the property of of Watch List News. If you are viewing this report on another publication, it was stolen and reposted in violation of international trademark & copyright law. The correct version of this report can be read at https://www.watchlistnews.com/donaldson-dci-getting-somewhat-favorable-press-coverage-study-shows/1798173.html.
Donaldson Company Profile
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.
Receive News & Ratings for Donaldson Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Donaldson and related companies with Analyst Ratings Network's FREE daily email newsletter.