Donaldson (DCI) Given News Sentiment Rating of 0.11
Press coverage about Donaldson (NYSE:DCI) has been trending somewhat positive this week, according to Accern Sentiment. The research firm scores the sentiment of press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Donaldson earned a media sentiment score of 0.11 on Accern’s scale. Accern also gave news stories about the industrial products company an impact score of 46.8347756818388 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Shares of Donaldson (NYSE:DCI) traded down $0.60 during trading hours on Thursday, reaching $47.95. 464,161 shares of the company’s stock were exchanged, compared to its average volume of 477,546. The company has a debt-to-equity ratio of 0.72, a current ratio of 2.90 and a quick ratio of 2.13. The stock has a market capitalization of $6,230.00, a price-to-earnings ratio of 27.41, a PEG ratio of 2.21 and a beta of 1.21. Donaldson has a one year low of $41.28 and a one year high of $50.10.
Donaldson (NYSE:DCI) last issued its quarterly earnings results on Thursday, November 30th. The industrial products company reported $0.46 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.42 by $0.04. The company had revenue of $644.80 million for the quarter, compared to analyst estimates of $602.02 million. Donaldson had a net margin of 9.57% and a return on equity of 28.49%. The business’s revenue for the quarter was up 16.6% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.05) earnings per share. equities analysts forecast that Donaldson will post 1.99 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 21st. Shareholders of record on Wednesday, December 6th will be paid a dividend of $0.18 per share. The ex-dividend date of this dividend is Tuesday, December 5th. This represents a $0.72 dividend on an annualized basis and a yield of 1.50%. Donaldson’s dividend payout ratio (DPR) is presently 40.68%.
Several analysts recently issued reports on DCI shares. Zacks Investment Research lowered shares of Donaldson from a “hold” rating to a “sell” rating in a report on Wednesday, November 8th. SunTrust Banks restated a “hold” rating and issued a $46.00 price objective on shares of Donaldson in a report on Friday, October 27th. Stifel Nicolaus restated a “hold” rating and issued a $45.00 price objective (down from $48.00) on shares of Donaldson in a report on Friday, September 8th. Jefferies Group restated a “buy” rating and issued a $54.00 price objective on shares of Donaldson in a report on Tuesday, October 3rd. Finally, Robert W. Baird restated a “hold” rating and issued a $47.00 price objective on shares of Donaldson in a report on Friday, September 8th. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $50.60.
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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.
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