DCI Stock Summary and Trading Ideas (Donaldson Company | NYSE:DCI)

Donaldson is a leading manufacturer of filtration systems and replacement parts (including air filtration systems, liquid filtration systems, and dust, fume, and mist collectors). The company serves a diverse range of end markets, including construction, mining, agriculture, truck, and industrial. Its business is organized into three segments: mobile solutions, industrial solutions, and life sciences. Donaldson generated approximately $3.4 billion in revenue and $480 million in operating income in its fiscal 2023.

Donaldson Company trades on the NYSE stock market under the symbol DCI.

As of April 18, 2024, DCI stock price declined to $71.65 with 337,248 million shares trading.

DCI has a beta of 0.81, meaning it tends to be less sensitive to market movements. DCI has a correlation of 0.25 to the broad based SPY ETF.

DCI has a market cap of $8.69 billion. This is considered a Mid Cap stock.

Last quarter Donaldson Company reported $877 million in Revenue and $.81 earnings per share. This beat revenue expectation by $7 million and exceeded earnings estimates by $.07.

In the last 3 years, DCI stock traded as high as $75.44 and as low as $46.00.

The top ETF exchange traded funds that DCI belongs to (by Net Assets): VTI, IJH, VB, VBR, VXF.

DCI has underperformed the market in the last year with a price return of +14.2% while the SPY ETF gained +22.2%. However, in the short term, DCI had mixed performance relative to the market. It has outperformed in the last 3 months, returning +13.1% vs +5.2% return in SPY. But in the last 2 weeks, DCI shares have been beat by the market, returning -3.3% compared to an SPY return of -2.6%.

DCI support price is $71.18 and resistance is $72.74 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that DCI stock will trade within this expected range on the day.