Donaldson (NYSE:DCI) is scheduled to be issuing its quarterly earnings data before the market opens on Wednesday, February 28th. Donaldson has set its FY18 guidance at $1.90-2.04 EPS.
Donaldson (NYSE:DCI) last announced its earnings results on Thursday, November 30th. The industrial products company reported $0.46 earnings per share for the quarter, beating the consensus estimate of $0.42 by $0.04. The firm had revenue of $644.80 million for the quarter, compared to the consensus estimate of $602.02 million. Donaldson had a return on equity of 28.49% and a net margin of 9.57%. The firm’s revenue for the quarter was up 16.6% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.05) EPS. On average, analysts expect Donaldson to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Shares of Donaldson (NYSE:DCI) opened at $47.66 on Wednesday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 2.13 and a current ratio of 2.90. The firm has a market capitalization of $6,190.00, a price-to-earnings ratio of 26.93, a price-to-earnings-growth ratio of 2.17 and a beta of 1.10. Donaldson has a 12 month low of $41.71 and a 12 month high of $52.20.
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 6th. Shareholders of record on Wednesday, February 14th will be paid a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 1.51%. The ex-dividend date is Tuesday, February 13th. Donaldson’s payout ratio is currently 40.68%.
In other Donaldson news, insider Melissa A. Osland sold 1,453 shares of Donaldson stock in a transaction on Thursday, December 14th. The stock was sold at an average price of $48.26, for a total transaction of $70,121.78. Following the sale, the insider now owns 4,174 shares of the company’s stock, valued at approximately $201,437.24. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.09% of the stock is owned by insiders.
DCI has been the topic of several recent analyst reports. Zacks Investment Research downgraded Donaldson from a “hold” rating to a “sell” rating in a research note on Wednesday, November 8th. Oppenheimer reaffirmed a “hold” rating on shares of Donaldson in a research note on Friday, December 1st. Stifel Nicolaus reaffirmed a “hold” rating and set a $53.00 target price (up previously from $50.00) on shares of Donaldson in a research note on Tuesday, January 16th. SunTrust Banks reaffirmed a “hold” rating and set a $50.00 target price on shares of Donaldson in a research note on Friday, December 1st. Finally, Jefferies Group reaffirmed a “buy” rating and set a $57.00 target price on shares of Donaldson in a research note on Friday, December 1st. Five investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Donaldson currently has a consensus rating of “Hold” and a consensus price target of $52.00.
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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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