Is it Time to Dump Donaldson Company Inc (DCI) Stock After it Is Up 2.26% in a Week?

The market has been high on Donaldson Company Inc (DCI) stock recently. DCI gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Donaldson Company Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on DCI!

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What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With DCI Stock Today?

Donaldson Company Inc (DCI) stock is down -0.56% while the S&P 500 is up 0.91% as of 2:25 PM on Monday, Mar 18. DCI is down -$0.41 from the previous closing price of $73.73 on volume of 164,448 shares. Over the past year the S&P 500 has risen 30.67% while DCI is up 15.50%. DCI earned $3.06 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 23.94.

More About Donaldson Company Inc

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 two segments: engine products and industrial products. Donaldson generated approximately $2.9 billion in revenue and $385 million in operating income in its fiscal 2021. Click Here to get the full Stock Report for Donaldson Company Inc stock.