After Hours
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Yahoo Finance discussed the stock recently as it posted Donaldson Reports Record Second Quarter Fiscal Year 2024 Sales and Earnings.
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Stocks Info
DCI belongs to the Industrials sector of the NYSE while operating in the Specialty Industrial Machinery industry. The current market capitalization of Donaldson Co. Inc. is $8.60B. A total of 0.93 million shares were traded on the day, compared to an average of 436.62K shares.
Insider Activity
Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, DCI has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 32 BUYs and 15 SELLs from insiders. Insiders purchased 239,972 shares during that period but sold 143,944.
In the most recent transaction, OBERTON WILLARD D sold 5,000 shares of DCI for 64.99 per share on Jan 02. After the transaction, the Director now owns 26,337 company shares. In a previous transaction on Dec 11, Rajendra Ajita G sold 11,400 shares at 62.24 per share. DCI shares that Director owns now total 40,545.
Among the insiders who sold shares, Briseno Guillermo disposed of 2,737 shares on Dec 06 at a per-share price of $61.50. This resulted in the President holding 16,170 shares of DCI after the transaction. In another insider transaction, Owens James sold 22 shares at $60.89 per share on Dec 01. Company shares held by the Director now total 15,423.
Dividend
Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Donaldson Co. Inc. pays an annual dividend of $1.00, resulting in a dividend yield of 1.40%, and it has a price to earnings (P/E) ratio of 23.36. DCI’s most recent ex-dividend date was 2/9/2024 when it declared a $0.25 quarterly dividend that was paid in cash on 2/28/2024. Previously, the company paid the dividend on 12/20/2023 with an ex-dividend date of 12/4/2023. The DCI stock dividend was $0.25 per share in cash.
While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for DCI in the last 3 months, the mean price target is $72.00 with high estimates of $77.00 and low estimates of $59.00. In terms of 52-week highs and lows, DCI has a high of $71.06 and a low of $57.05.
As of this writing, DCI has an earnings estimate of $0.81 per share for the current quarter. EPS was calculated based on a consensus of 6 estimates, with a high estimate of $0.85 per share and a lower estimate of $0.77. The company reported an EPS of $0.75 in the last quarter, which was 4.20% higher than expectations of $0.72.
Balance Sheet Annually/Quarterly
An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. DCI’s latest balance sheet shows that the firm has $222.80M in Cash & Short Term Investments as of fiscal 2021. There were $509.50M in debt and $606.60M in liabilities at the time. Its Book Value Per Share was $11.09, while its Total Shareholder’s Equity was $1.14B.
Analysts Opinion
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for DCI is Buy with a score of 3.25.
