Donaldson Co. Inc. Sets New 1-Year High at $39.71 (DCI)
Donaldson Co. (NYSE:DCI) set a new 52-week high during trading on Monday, Analyst RN reports. The stock traded as high as $39.71 and last traded at $39.65, with a volume of 316,491 shares. The stock had previously closed at $39.34.
A number of analysts have recently weighed in on DCI shares. Analysts at BMO Capital Markets downgraded shares of Donaldson Co. from a “market perform” rating to an “underperform” rating in a research note to investors on Wednesday, July 31st. They now have a $35.00 price target on the stock. Analysts at Zacks upgraded shares of Donaldson Co. from an “underperform” rating to a “neutral” rating in a research note to investors on Tuesday, July 30th. They now have a $37.10 price target on the stock. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company’s stock. Donaldson Co. has an average rating of “Hold” and a consensus price target of $36.53.
Donaldson Co. has a 52 week low of $30.90 and a 52 week high of $39.36. The stock has a 50-day moving average of $37.58 and a 200-day moving average of $36.74. The company has a market cap of $5.798 billion and a P/E ratio of 23.99.
Donaldson Co. (NYSE:DCI) last issued its quarterly earnings data on Tuesday, August 27th. The company reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.03. The company had revenue of $633.00 million for the quarter, compared to the consensus estimate of $620.54 million. During the same quarter in the previous year, the company posted $0.47 earnings per share. The company’s revenue for the quarter was down 3.7% on a year-over-year basis. Analysts expect that Donaldson Co. will post $1.77 EPS for the current fiscal year.
Donaldson Company, Inc (NYSE:DCI) is a worldwide manufacturer of filtration systems and replacement parts.
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