Donaldson Co. Inc. (DCI) stock forecast: Can it reach its 52-week high of $78.03

Donaldson Co. Inc. [DCI] stock is trading at $74.72, up 1.32%. An important factor to consider is whether the stock is rising or falling in short-term value. The DCI shares have gain 2.54% over the last week, with a monthly amount glided 4.24%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Previously, Morgan Stanley started tracking the stock with Underweight rating on January 08, 2024, and set its price target to $59. On June 28, 2023, Citigroup initiated with a Neutral rating and assigned a price target of $66 on the stock. Robert W. Baird upgraded its rating to a Outperform and increased its price target to $56 on October 02, 2020. Morgan Stanley initiated its recommendation with a Overweight and recommended $60 as its price target on June 26, 2020. Jefferies downgraded its rating to Hold for this stock on March 23, 2020. In a note dated March 29, 2018, Edward Jones upgraded an Buy rating on this stock.

Donaldson Co. Inc. [DCI] stock has fluctuated between $57.05 and $78.03 over the past year. Currently, Wall Street analysts expect the stock to reach $68.25 within the next 12 months. Donaldson Co. Inc. [NYSE: DCI] shares were valued at $74.72 at the most recent close of the market. An investor can expect a potential drop of -8.66% based on the average DCI price forecast.

Analyzing the DCI fundamentals

Donaldson Co. Inc. [NYSE:DCI] reported sales of 3.59B for the trailing twelve months, which represents a growth of 6.36%. Gross Profit Margin for this corporation currently stands at 0.35% with Operating Profit Margin at 0.15%, Pretax Profit Margin comes in at 0.15%, and Net Profit Margin reading is 0.12%. To continue investigating profitability, this company’s Return on Assets is posted at 0.14, Equity is 0.29 and Total Capital is 0.26. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.36.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 74.04 points at the first support level, and at 73.36 for the second support level. However, for the 1st resistance point, the stock is sitting at 75.08, and for the 2nd resistance point, it is at 75.44.

Ratios To Look Out For

For context, Donaldson Co. Inc.’s Current Ratio is 1.84. On the other hand, the Quick Ratio is 1.23, and the Cash Ratio is 0.3. Considering the valuation of this stock, the price to sales ratio is 2.49, the price to book ratio is 6.03 and price to earnings (TTM) ratio is 22.12.

Transactions by insiders

Recent insider trading involved SCALF THOMAS R, President, that happened on Oct 07 ’24 when 4295.0 shares were sold. President, SCALF THOMAS R completed a deal on Oct 09 ’24 to sell 2500.0 shares. Meanwhile, Officer SCALF THOMAS R bought 2500.0 shares on Oct 08 ’24.

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