ODC stock: buy or sell?
September 20th, 2019
Oil-Dri Corporation of America develops, manufactures, and markets sorbent products in the United States and internationally.
Should I buy ODC stock?Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Having a trading plan helps to make decisions easier, quicker and with less hesitations. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
Currently, Oil-Dri Corporation Of America stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Oil-Dri Corporation Of America stock a buy?
Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness.Unfortunately, we couldn't find any rating for ODC stock for the last 30 days.
ODC stock analysis
Oil-Dri Corporation Of America ended today at $34.81 and raised a decent 1.43%.
Oil-Dri Corporation Of America raised a decent 1.43% and closed at $34.81. Since last August 28th when ODC stock price broke up the SMA200d line, it gained $6.11 (21.29%). Since last June when SMA100d and SMA200d crossed up, ODC price gained $4.56 per share (15.07%).
After boosting an extraordinary 8.03% in a week last week, Oil-Dri Corporation Of America closed this week at $34.81 and appreciated a tiny 0.52%. By mid August ODC plummed a spooky -14.20% in just one week. This week was the 4th green week in a row.
Late August ODC price bounced up over the SMA of 40 weeks that acted as support stopping new slides. Since mid June when SMA20w and SMA40w crossed up, ODC price gained $5.79 per share (19.95%).
ODC stock price history
ODC IPO was on March 19th, 1980 at $0.78 per share1. Since then, ODC stock surged a 4,362.80%, with an average of 111.90% per year. If you had invested right after ODC's IPO a $1,000 in ODC stock in 1980, it would worth $43,628.00 today.
1: Adjusted price after possible price splits or reverse-splits.
ODC stock historical price chart
ODC stock reached 52-week highs on October at $38.00, and all-time highs 2017-10-10 with a price of 48.13.
ODC stock price targetNobody can reliably foresee how stock prices may evolve in the future. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. You should not follow the analysts' ODC stock price predictions in the hope that they will be met as they may be wrong and not met. For the last 30 days we have not found any price forecast for Oil-Dri Corporation Of America stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per ShareAfter posting its last earnings report on March, Oil-Dri Corporation Of America . As soon as we get its posted EPS from the earnings report, we will extend this report.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, Oil-Dri Corporation Of America annual turnover stepped up a slightly good 1.41% to $266.00 million USD from $262.31 marked in 2017. Similarly, its earnings margin (compared to revenues) depreciated to 3.10%, that is $8.24 million. To have an up to date picture of the financial situation of Oil-Dri Corporation Of America, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2019-Q1 that can be compared to 2018 fiscal year results. Annual Oil-Dri Corporation Of America TTM sales up to January 2019 were $266.48 and earnings were $9.48 million USD. If we compare this TTM figures with the last reported annuality, we can review Oil-Dri Corporation Of America business evolution since July 2018: Annual revenues up to January, compared to lastest yearly report, stayed steady a neutral 0.18%. Regarding profit margin, Oil-Dri Corporation Of America remained steady 0.46% to 3.10%
|2013||$251 M||-||$14 M5.7%||-|
|2014||$266 M||6.28%||$8.23 M3.1%||-42.73%|
|2014||$266 M||0.00%||$8.23 M3.1%||0.00%|
|2015||$261 M||-1.84%||$11 M4.3%||36.33%|
|2015||$261 M||0.00%||$11 M4.3%||1.32%|
|2016||$262 M||0.35%||$13 M5.1%||17.00%|
|2016||$262 M||0.00%||$14 M5.2%||2.35%|
|2017||$262 M||0.00%||$11 M4.0%||-22.57%|
|2017||$262 M||0.00%||$11 M4.1%||2.39%|
|2018||$266 M||1.41%||$8.24 M3.1%||-23.65%|
|TTM||$266 M||0.18%||$9.48 M3.6%||15.04%|
Quarterly financial resultsOil-Dri Corporation Of America posted $69.88 million in sales for 2019-Q1, a 5.65% up compared to previous quarter. Reported quarter income marked $2.29 million with a profit margin of 3.27%. Profit margin grew a 1.90% compared to previous quarter when profit margin was 1.37%. When comparing turnover to same quarter last year, Oil-Dri Corporation Of America sales marked a tiny gain and appreciated a 1.43%. Looking back to recent quarterly results, Oil-Dri Corporation Of America posted 3 negative quarters in a row.
|2017-Q2||$65 M||-||$3.14 M4.8%||-|
|2017-Q3||$66 M||1.59%||$1.29 M2.0%||-58.92%|
|2017-Q4||$67 M||1.32%||$3.05 M4.6%||136.43%|
|2018-Q1||$69 M||3.37%||$-1.10 M-1.6%||-135.93%|
|2018-Q2||$65 M||-5.87%||$3.59 M5.5%||-427.10%|
|2018-Q3||$66 M||1.18%||$2.70 M4.1%||-24.66%|
|2018-Q4||$66 M||0.81%||$0.91 M1.4%||-66.46%|
|2019-Q1||$70 M||5.65%||$2.29 M3.3%||152.43%|
Oil-Dri Corporation Of America ownershipWhen you are planning to buy a stock, it's worth to have a look its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Oil-Dri Corporation Of America, 4.50% of all outstanding shares are owned by its staff.
In case of Oil-Dri Corporation Of America stock, 74.47% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for ODC stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to Oil-Dri Corporation Of America:
|Market cap||$186.2 M||$2.6 B||$1.1 B||$19.4 B||$30.6 M|
|Total shares||5.4 M||49.3 M||44.0 M||125.7 M||9.4 M|
|Float shares||4.7 M||47.9 M||51.5 M||125.3 M||3.5 M|
|- Institutional holdings (%)||74.5%||88.2%||92.2%||79.5%||3.6%|
|- Insider holdings (%)||4.5%||3.8%||5.5%||0.1%||61.9%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Friday, September 20th, 2019|
|Day range||$33.72 - $34.79|
|Average true range||$1.24|
|50d mov avg||$32.66|
|100d mov avg||$31.75|
|200d mov avg||$30.11|
Oil-Dri Corporation Of America performanceStocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. We compared Oil-Dri Corporation Of America against Brady, Central Garden & Pet, Clorox and Ocean Bio-Chem in the following table:
|CENTACentral Garden & ...||3.82%||9.15%||-27.42%|