ODC stock: buy or sell?

ODC stock price: $34.81 1.43% At close on September 20th, 2019

Updated on:
September 20th, 2019

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Shares of Oil-Dri Corporation Of America raised a decent 1.43% and closed at $34.81. Friday was the third climbing session in a row, soaring 5.38%.

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.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean ODC will fall in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

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

Daily outlook

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%).

ODC stock chart (daily)

Weekly outlook

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 chart (weekly)

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 target

Nobody 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 Share

After 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.
ODC earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a0.44n/a
2017-Q3-n/a0.18n/a
2017-Q4-n/a0.41n/a
2018-Q12018-03-09n/a0.54n/a
2018-Q22018-06-08n/a0.48n/a
2018-Q32018-10-12n/a0.36n/a
2018-Q42018-12-07n/a0.12n/a
2019-Q12019-03-11n/a0.3n/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

In 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%

ODC annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$251 M-$14 M5.7%-
2014$266 M6.28%$8.23 M3.1%-42.73%
2014$266 M0.00%$8.23 M3.1%0.00%
2015$261 M-1.84%$11 M4.3%36.33%
2015$261 M0.00%$11 M4.3%1.32%
2016$262 M0.35%$13 M5.1%17.00%
2016$262 M0.00%$14 M5.2%2.35%
2017$262 M0.00%$11 M4.0%-22.57%
2017$262 M0.00%$11 M4.1%2.39%
2018$266 M1.41%$8.24 M3.1%-23.65%
TTM $266 M0.18%$9.48 M3.6%15.04%

Quarterly financial results

Oil-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.
ODC quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$65 M-$3.14 M4.8%-
2017-Q3$66 M1.59%$1.29 M2.0%-58.92%
2017-Q4$67 M1.32%$3.05 M4.6%136.43%
2018-Q1$69 M3.37%$-1.10 M-1.6%-135.93%
2018-Q2$65 M-5.87%$3.59 M5.5%-427.10%
2018-Q3$66 M1.18%$2.70 M4.1%-24.66%
2018-Q4$66 M0.81%$0.91 M1.4%-66.46%
2019-Q1$70 M5.65%$2.29 M3.3%152.43%

Oil-Dri Corporation Of America ownership

When 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:

ODCBRCCENTACLXOBCI
Market cap$186.2 M$2.6 B$1.1 B$19.4 B$30.6 M
Total shares5.4 M49.3 M44.0 M125.7 M9.4 M
Float shares4.7 M47.9 M51.5 M125.3 M3.5 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 selling0.0%0.0%0.0%0.0%0.0%

ODC summary

Friday, September 20th, 2019
Open$34.35
Close$34.81
Day range$33.72 - $34.79
Previous close$34.32
Session gain1.43%
Average true range$1.24
50d mov avg$32.66
100d mov avg$31.75
200d mov avg$30.11
Daily pattern
Weekly pattern

Oil-Dri Corporation Of America performance

Stocks 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:
Stock3m6m12m
ODC14.70%21.29%-5.92%
BRCBrady12.68%19.54%23.81%
CENTACentral Garden & ...3.82%9.15%-27.42%
CLXClorox0.18%-1.24%3.73%
OBCIOcean Bio-Chem-2.39%-11.86%-22.70%

Oil-Dri Corporation Of America competitors

One check before investing in any stock is to have a look a list of its competitors, in this case for Oil-Dri Corporation Of America. We selected 4 companies as Oil-Dri Corporation Of America competitors as they are in the same industry or have similar market objectives.