Analysts Estimate Report : What to Look Out for Donaldson Stock Forecast, Price & News (NYSE:DCI)

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Earnings results for Donaldson Stock Forecast, Price & News (NYSE:DCI)

Donaldson Company, Inc. is expected* to report earnings on 09/03/2020 before market open. The report will be for the fiscal Quarter ending Jul 2020. According to Zacks Investment Research, based on 6 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.44. The reported EPS for the same quarter last year was $0.61.

Donaldson last issued its earnings data on June 2nd, 2020. The industrial products company reported $0.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $0.12. The business earned $629.70 million during the quarter, compared to the consensus estimate of $606.01 million. Its revenue for the quarter was down 11.7% on a year-over-year basis. Donaldson has generated $2.21 earnings per share over the last year and currently has a price-to-earnings ratio of 26.3. Donaldson has confirmed that its next quarterly earnings report will be published on Thursday, September 3rd, 2020.

Analyst Opinion on Donaldson Stock Forecast, Price & News (NYSE:DCI)

5 Wall Street analysts have issued ratings and price targets for Donaldson in the last 12 months. Their average twelve-month price target is $49.00, predicting that the stock has a possible downside of 4.97%. The high price target for DCI is $60.00 and the low price target for DCI is $40.00. There are currently 4 hold ratings and 1 buy rating for the stock, resulting in a consensus rating of “Hold.”

Donaldson has received a consensus rating of Hold. The company’s average rating score is 2.20, and is based on 1 buy rating, 4 hold ratings, and no sell ratings. According to analysts’ consensus price target of $49.00, Donaldson has a forecasted downside of 5.0% from its current price of $51.56. Donaldson has only been the subject of 1 research reports in the past 90 days.

Dividend Strength: Donaldson Stock Forecast, Price & News (NYSE:DCI)

Donaldson pays a meaningful dividend of 1.65%, higher than the bottom 25% of all stocks that pay dividends. Donaldson has been increasing its dividend for 10 years. The dividend payout ratio of Donaldson is 38.01%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Donaldson will have a dividend payout ratio of 42.21% next year. This indicates that Donaldson will be able to sustain or increase its dividend.

Insiders buying/selling: Donaldson Stock Forecast, Price & News (NYSE:DCI)

In the past three months, Donaldson insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,420,636.00 in company stock. Only 1.74% of the stock of Donaldson is held by insiders. 77.62% of the stock of Donaldson is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Donaldson Stock Forecast, Price & News (NYSE:DCI

Earnings for Donaldson are expected to grow by 2.05% in the coming year, from $1.95 to $1.99 per share. The P/E ratio of Donaldson is 26.31, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 19.18. The P/E ratio of Donaldson is 26.31, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 21.01. Donaldson has a PEG Ratio of 2.67. PEG Ratios above 1 indicate that a company could be overvalued. Donaldson has a P/B Ratio of 7.37. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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