Press coverage about Donaldson (NYSE:DCI) has been trending somewhat positive recently, Accern Sentiment reports. The research group ranks the sentiment of news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Donaldson earned a coverage optimism score of 0.17 on Accern’s scale. Accern also gave headlines about the industrial products company an impact score of 46.9857441622815 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the headlines that may have impacted Accern Sentiment Analysis’s rankings:
Several brokerages have weighed in on DCI. Stifel Nicolaus reaffirmed a “hold” rating and set a $45.00 price objective (down from $48.00) on shares of Donaldson in a research note on Friday, September 8th. BidaskClub raised shares of Donaldson from a “hold” rating to a “buy” rating in a research note on Wednesday, August 23rd. SunTrust Banks reissued a “hold” rating and set a $46.00 price target on shares of Donaldson in a research note on Friday, October 27th. Jefferies Group reissued a “buy” rating and set a $57.00 price target on shares of Donaldson in a research note on Friday, December 1st. Finally, Zacks Investment Research raised shares of Donaldson from a “sell” rating to a “hold” rating in a research note on Monday, October 30th. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $50.60.
Shares of Donaldson (NYSE:DCI) traded down $0.09 during midday trading on Friday, reaching $48.81. 428,888 shares of the company traded hands, compared to its average volume of 358,211. Donaldson has a fifty-two week low of $41.28 and a fifty-two week high of $50.10. The firm has a market capitalization of $6,340.66, a price-to-earnings ratio of 27.58, a P/E/G ratio of 2.22 and a beta of 1.21. The company has a debt-to-equity ratio of 0.72, a current ratio of 2.90 and a quick ratio of 2.13.
Donaldson (NYSE:DCI) last announced its quarterly earnings data on Thursday, November 30th. The industrial products company reported $0.46 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.42 by $0.04. Donaldson had a net margin of 9.57% and a return on equity of 28.49%. The business had revenue of $644.80 million for the quarter, compared to analyst estimates of $602.02 million. During the same period in the prior year, the business posted ($0.05) earnings per share. Donaldson’s revenue was up 16.6% compared to the same quarter last year. equities research analysts anticipate that Donaldson will post 1.99 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 21st. Investors of record on Wednesday, December 6th will be issued a $0.18 dividend. The ex-dividend date of this dividend is Tuesday, December 5th. This represents a $0.72 annualized dividend and a yield of 1.48%. Donaldson’s dividend payout ratio is currently 40.68%.
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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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