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Donaldson Company, Inc. (DCI)

NYSE - Nasdaq Real Time Price. Currency in USD
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49.87-0.15 (-0.30%)
At close: 04:00PM EDT
49.87 -0.04 (-0.08%)
After hours: 04:01PM EDT
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  • S
    S
    12/01/2021, Donaldson Co Inc. reported Wednesday fiscal first-quarter profit and sales that rose above expectations and raised its full-year outlook, as price increases helped offset rising raw material, freight and labor costs. The filtration company's stock was still inactive in premarket trading. Net income for the quarter to Oct. 31 rose to $77.1 million, or 61 cents a share, from $61.9 million, or 48 cents a share, in the year-ago period. The FactSet consensus for earnings per share was 55 cents. Sales grew 19.5% to $760.9 million, above the FactSet consensus of $745.4 million. Meanwhile, cost of sales increased 21.7% to $503.9 million, as gross margin decreased to 33.8% from 35.0%. "Donaldson is increasing its fiscal 2022 sales and EPS guidance to reflect better than expected sales in the first quarter, combined with the anticipated incremental impact of additional price increases planned for the remainder of the year," the company stated. The company raised its EPS guidance range to between $2.57 and $2.73 from between $2.50 and $2.66 and lifted its sales growth outlook to 8% to 12% from 5% to 10%.
    Bullish
  • S
    S
    September 02, 2021--(BUSINESS WIRE)--Donaldson Company, Inc. (NYSE: DCI) (the Company) today reported fiscal 2021 generally accepted accounting principles (GAAP) net earnings of $84.3 million in the fourth quarter and $286.9 million for the full year, compared with $64.2 million and $257.0 million, respectively, in fiscal 2020. Fiscal 2021 GAAP earnings per share (EPS)1 were $0.66 in the fourth quarter and $2.24 for the full year, compared with $0.50 and $2.00, respectively, in fiscal 2020. Excluding the impact of restructuring charges in the second quarter, full-year fiscal 2021 adjusted EPS2 were $2.32. The tables attached to this press release include a reconciliation of GAAP to non-GAAP measures.
    "We achieved record sales and earnings in fiscal 2021, and I am proud of the way Donaldson employees came together to generate strong results while navigating supply chain complexities and continued pressure from COVID-19," said Tod Carpenter, chairman, president and chief executive officer. "In the past year, we drove year-over-year growth in gross margin, leveraged our expenses while making further investments in strategic growth initiatives, generated strong cash conversion, and returned $249 million to stockholders through dividends and share repurchases. Our results reflect our focus on strong execution, and I want to thank our employees for putting us in an excellent position for continued success in 2022.
    "Our fiscal 2022 forecast implies another year of new records for both sales and profit, and we are acting quickly to address the challenges of today’s operating environment. We are leveraging our global production footprint and strong relationships to mitigate the impact from supplier availability issues, and we raised prices to mitigate the historically high headwind on gross margin from raw materials inflation. Additionally, we will continue to invest in our long-term opportunities by further expanding our technologies and solutions, extending our market access, and pursuing thoughtful acquisitions, particularly in Life Sciences. We again demonstrated we have the right strategy and the right team to achieve our strategic and financial goals as we drive towards our purpose of Advancing Filtration for a Cleaner World."
    Bullish
  • S
    Shorty McShortBear
    Nice to see this Bloated Baby is up on the day. I am now eagerly looking to Sell Short a lot of DCI shares before market close today. This is going to be a Pure Earnings Short Sell. DCI reports earnings before market open Wednesday morning, and I am expecting weak and disappointing results, to trigger an immediate and significant sell-off of 3-8% during tomorrow's regular trading session, perhaps more if there is a real miss on EPS or Revenue consensus estimates.

    Just watching for now, hoping this pops up a bit more to the $62.40+ level, but will definitely be Shorting a lot of shares before market close today.

    Good Luck Folks!
    Bearish
  • D
    Dj
    This look bullish now. Only 4 5min red bars today. Or that was just a nice bounce to short.
  • S
    S
    another great day for shareholders 👍
    Bullish
  • S
    Shorty McShortBear
    I am currently Short a lot of shares of KIRK at $26.57 average price, as a Pure Earnings Short Sell play. KIRK reports earnings pre-market on Tuesday, and I am expecting a significant stock price decline in imediate response to the earnings release.

    Later tomorrow I will be Covering my KIRK Short, and the plan is to immediately throw all my hard cash into a new Pure Earnings Short Sell of...DCI. Here we have another Bloated Baby offering an excellent opportunity for savvy traders like me to realize a 3-8+% single day cash profit based upon the stock collapsing in price in direct response to her earnings release. Why is DCI my #1 Pure Earnings Short Sell play for tomorrow?? Consider:

    1: DCI is significantly over-valued and close to her 52 week high.
    2: Charts are indicating bearishness for the near and mid-term.
    3: Just a few days ago the company decided to increase their Dividend payout percentage. Savvy traders KNOW this is very often a manipulative ploy used by companies to try to prop up their share price in the short-term, based upon knowledge of poor earnings results or other negative news due to surface in the near-term.
    4: Analysts are lukewarm on DCI, average rating is a Hold.
    5: Analysts see little impetus for DCI stock price to go up much from the $61 level, even looking out 12 months forward.
    6: Overall financials are simply average, nothing to justify current valuation, much less a move up in stock price absent an outstanding earnings report with very positive forward Guidance, which is very unlikely to occur on Wednesday pre-market.

    For all these reasons and more, the odds strongly favor DCI selling off in direct response to her earnings release on Wednesday. 75% odds of success with a 3-8% downside move likely, make this my choice as the PESS Play of the Day tomorrow. :-)
    Bearish
  • Y
    Yahoo Finance Insights
    Donaldson Company reached a 52 Week low at 49.91
  • J
    JIII
    How will the shift to electric vehicles affect DCI. EVs use fewer filters (i.e oil and other fluid filters)? This looks like a diminishing large market. I know DCI makes lots of other filters for air and particulate matter in many applications.
    Would appreciate any thoughts on this subject.
  • Y
    Yahoo Finance Insights
    Donaldson Company reached a 52 Week low at 50.50
  • S
    Shorty McShortBear
    Just Sold Short a lot of DCI shares at an average price of $62.36, just before market close. Got a great fill price as this Bloated Baby kept going up into the close, on irrational exuberance regarding her upcoming quarterly earnings release. DCI reports earnings before market open tomorrow, and I am pleased as punch to be Short thousands of shares through this earnings release.

    I am expecting DCI to sell off significantly in direct response to this ER, tomorrow. Looking for a 3-8% drop tomorrow, perhaps more if they miss on EPS or Revenue consensus estimates, which is perfectly possible. Even if they handily beat consensus estimates, I expect the stock price to go down tomorrow, making this a 75-80% likely win-win situation!

    Good Luck Folks! :-)
  • E
    Edmund
    DCI - Great results and raised guidance. Despite that it's down for the day. Go figure.
  • E
    Edmund
    DCI set to release a positive earnings report next Thursday plus they just raised the dividend. There is usually a price run-up prior to good earnings but not this quarter.
    Not sure why. Any ideas?
  • Y
    Yahoo Finance Insights
    DCI is up 4.91% to 52.94
  • c
    charles
    Earnings are out and as I anticipated, they look bad. Misses on both EPS and Revenue, and the stock is indicated to open down. This would have been a very good Short play, but...I was a chicken and did not pull the trigger. Still sitting on GIII, long 2000 shares and hoping she bounces back up today...
  • Y
    Yahoo Finance Insights
    DCI is down -4.95% to 44.70
  • Y
    Yahoo Finance Insights
    DCI is down -100.00% to 0.00
  • Y
    Yahoo Finance Insights
    DCI reached a new All Time High at 56.87
  • Y
    Yahoo Finance Insights
    DCI reached a new All Time High at 54.46
  • S
    Sven
    Donaldson is a good boring business, however not one to invest when the stock price is in exuberant territory. https://svencarlin.com/donaldson-stock-analysis/
    Donaldson stock is a good business to own, but it is risky at a high valuation given the inherent cyclical business.
    Donaldson stock is a good business to own, but it is risky at a high valuation given the inherent cyclical business.
    svencarlin.com
  • Y
    Yahoo Finance Insights
    Donaldson Company is up 5.06% to 51.32
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