Donaldson Company Inc. (NYSE:DCI) has a beta value of 1.34 and has seen 0.85 million shares traded in the last trading session. The company, currently valued at $8.06B, closed the last trade at $62.19 per share which meant it lost -$2.03 on the day or -3.16% during that session. The DCI stock price is -11.51% off its 52-week high price of $69.35 and 27.32% above the 52-week low of $45.20. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.57 million shares traded. The 3-month trading volume is 400.33K shares.
The consensus among analysts is that Donaldson Company Inc. (DCI) is a Hold stock at the moment, with a recommendation rating of 2.50. 0 analysts rate the stock as a Sell, while 1 rate it as Overweight. 4 out of 7 have rated it as a Hold, with 1 advising it as a Buy. 1 have rated the stock as Underweight. The expected earnings per share for the stock is $0.66.
Donaldson Company Inc. (NYSE:DCI) trade information
Sporting -3.16% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on Friday, 09/03/21 when the DCI stock price touched $62.19 or saw a rise of 10.32%. Year-to-date, Donaldson Company Inc. shares have moved 11.29%, while the 5-day performance has seen it change -9.46%. Over the past 30 days, the shares of Donaldson Company Inc. (NYSE:DCI) have changed -6.54%. Short interest in the company has seen 1.35 million shares shorted with days to cover at 3.67.
Wall Street analysts have a consensus price target for the stock at $71.00, which means that the shares’ value could jump 12.41% from current levels. The projected low price target is $66.00 while the price target rests at a high of $75.00. In that case, then, we find that the current price level is -20.6% off the targeted high while a plunge would see the stock gain -6.13% from current levels.
Donaldson Company Inc. (DCI) estimates and forecasts
Figures show that Donaldson Company Inc. shares have outperformed across the wider relevant industry. The company’s shares have gained 3.44% over the past 6 months, with this year growth rate of 15.95%, compared to 4.00% for the industry. Other than that, the company has, however, increased its growth outlook for the 2021 fiscal year revenue. Growth estimates for the current quarter are 32.00% and 25.00% for the next quarter. Revenue growth from the last financial year stood is estimated to be 10.50%.
4 analysts offering their estimates for the company have set an average revenue estimate of $770.69 million for the current quarter. 1 have an estimated revenue figure of $763.52 million for the next quarter concluding in Oct 2021. Year-ago sales stood $617.4 million and $636.6 million respectively for this quarter and the next, and analysts expect sales will grow by 24.80% for the current quarter and 19.90% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 6.10% over the past 5 years. Earnings growth for 2021 is a modest -8.70% while over the next 5 years, the company’s earnings are expected to increase by 10.00%.
Donaldson Company Inc. is expected to release its next earnings report between December 01 and December 06 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.88 at a share yield of 1.42%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 1.56%.
Donaldson Company Inc. (NYSE:DCI)’s Major holders
Insiders own 0.44% of the company shares, while shares held by institutions stand at 82.16% with a share float percentage of 82.52%. Investors are also buoyed by the number of investors in a company, with Donaldson Company Inc. having a total of 508 institutions that hold shares in the company. The top two institutional holders are Vanguard Group, Inc. (The) with over 12.43 million shares worth more than $789.42 million. As of Jun 29, 2021, Vanguard Group, Inc. (The) held 9.89% of shares outstanding.
The other major institutional holder is Blackrock Inc., with the holding of over 11.26 million shares as of Jun 29, 2021. The firm’s total holdings are worth over $715.12 million and represent 8.96% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and iShares Core S&P Midcap ETF. As of Mar 30, 2021, the former fund manager holds about 2.83% shares in the company for having 3.56 million shares of worth $206.88 million while later fund manager owns 3.4 million shares of worth $216.07 million as of Jun 29, 2021, which makes it owner of about 2.71% of company’s outstanding stock.