Donaldson (NYSE:DCI) Issues FY20 Earnings Guidance

Donaldson (NYSE:DCI) updated its FY20 earnings guidance on Tuesday. The company provided EPS guidance of $2.21-2.37 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.26. The company issued revenue guidance of $2.79-2.96 billion, compared to the consensus revenue estimate of $2.85 billion.Donaldson also updated its FY 2020
Pre-Market guidance to 2.21-2.37 EPS.

DCI has been the subject of several research analyst reports. Stifel Nicolaus set a $50.00 target price on Donaldson and gave the company a hold rating in a research report on Friday, September 6th. ValuEngine raised shares of Donaldson from a hold rating to a buy rating in a report on Friday, November 1st. Five analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The company has an average rating of Hold and a consensus target price of $52.25.

DCI opened at $55.17 on Tuesday. Donaldson has a twelve month low of $40.27 and a twelve month high of $57.31. The company’s 50-day moving average price is $54.22 and its two-hundred day moving average price is $50.65. The stock has a market cap of $7.08 billion, a price-to-earnings ratio of 24.96, a PEG ratio of 2.27 and a beta of 1.45. The company has a quick ratio of 1.64, a current ratio of 2.32 and a debt-to-equity ratio of 0.65.

Donaldson (NYSE:DCI) last posted its quarterly earnings results on Thursday, September 5th. The industrial products company reported $0.61 EPS for the quarter, topping analysts’ consensus estimates of $0.60 by $0.01. Donaldson had a net margin of 9.39% and a return on equity of 32.29%. The company had revenue of $726.90 million for the quarter, compared to analysts’ expectations of $725.32 million. During the same quarter in the previous year, the firm posted $0.58 EPS. Donaldson’s revenue was up .3% on a year-over-year basis. As a group, sell-side analysts anticipate that Donaldson will post 2.28 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 27th. Stockholders of record on Tuesday, December 10th will be given a dividend of $0.21 per share. The ex-dividend date is Monday, December 9th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.52%. Donaldson’s dividend payout ratio (DPR) is currently 38.01%.

About Donaldson

Donaldson Company, Inc manufactures and sells filtration systems and replacement parts worldwide. It operates through Engine Products and Industrial Products segments. The Engine Products segment offers replacement filters for air and liquid filtration applications, air filtration systems, liquid filtration systems for fuel, lube and hydraulic applications, and exhaust and emissions systems.

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Earnings History and Estimates for Donaldson (NYSE:DCI)

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