Oppenheimer analyst Jim Giannakouros assigned a Hold rating to Donaldson Company (NYSE: DCI) today. The company’s shares closed yesterday at $47.62.
According to TipRanks.com, Giannakouros is a 4-star analyst with an average return of 6.1% and a 56.6% success rate. Giannakouros covers the Industrial Goods sector, focusing on stocks such as Lincoln Electric Holdings, Watts Water Technologies, and Carlisle Companies Inc.
Donaldson Company has an analyst consensus of Hold, with a price target consensus of $50.50.
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Based on Donaldson Company’s latest earnings release for the quarter ending January 31, the company reported a quarterly GAAP net loss of $52.9 million. In comparison, last year the company had a net profit of $60.1 million.
Based on the recent corporate insider activity of 103 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of DCI in relation to earlier this year.
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Donaldson Co., Inc. engages in the manufacture of filtration systems and replacement parts. Its product mix includes air and liquid filtration systems and exhaust and emission control products. It operates through the Engine Products and Industrial Products segments.
