Oil Dri Stock Today
| ODC Stock | USD 70.59 0.99 1.42% |
Performance1 of 100
| Odds Of DistressLess than 6
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Oil Dri is trading at 70.59 as of the 24th of April 2024, a 1.42% increase since the beginning of the trading day. The stock's open price was 69.6. Oil Dri has only a 6 % chance of going through financial distress over the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Oil Dri are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of May 2022 and ending today, the 24th of April 2024. Click here to learn more.
Business Domain Household & Personal Products | IPO Date 26th of March 1990 | Category Basic Materials | Classification Consumer Staples |
Oil-Dri Corporation of America, together with its subsidiaries, develops, manufactures, and markets sorbent products in the United States and internationally. Oil-Dri Corporation of America was founded in 1941 and is headquartered in Chicago, Illinois. The company has 5.13 M outstanding shares of which 44.78 K shares are now shorted by investors with about 2.77 days to cover. More on Oil Dri
Moving together with Oil Stock
| 0.71 | CL | Colgate Palmolive Earnings Call This Week | PairCorr |
Moving against Oil Stock
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| 0.67 | NUS | Nu Skin Enterprises Financial Report 1st of May 2024 | PairCorr |
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| 0.58 | YSG | Yatsen Holding Financial Report 21st of May 2024 | PairCorr |
| 0.5 | EWCZ | European Wax Center Financial Report 8th of May 2024 | PairCorr |
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Oil Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Oil Dri's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Oil Dri or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Daniel Jaffee | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Household Products, Household & Personal Products, Consumer Staples, NYSE Composite, Consumer Staples, Household Products, Specialty Chemicals, Basic Materials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Oil Dri report their recommendations after researching Oil Dri's financial statements, talking to executives and customers, or listening in on Oil Dri's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Oil Dri. The Oil consensus assessment is calculated by taking the average forecast from all of the analysts covering Oil Dri. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators obtained from Oil Dri's historical financial statements, Oil Dri may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Oil Dri is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Oil Dri's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Oil Dri's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Oil Dri's financial leverage. It provides some insight into what part of Oil Dri's total assets is financed by creditors.
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Oil Dri (ODC) is traded on New York Stock Exchange in USA. It is located in 410 North Michigan Avenue, Chicago, IL, United States, 60611-4213 and employs 884 people. Oil Dri is listed under Household Products category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 507.18 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Oil Dri's market, we take the total number of its shares issued and multiply it by Oil Dri's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Oil Dri runs under Household Products sector within Consumer Staples industry. The entity has 5.13 M outstanding shares of which 44.78 K shares are now shorted by investors with about 2.77 days to cover.
Oil Dri has about 31.75 M in cash with 49.76 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.29.
Check Oil Dri Probability Of Bankruptcy
Ownership AllocationThe market capitalization of Oil Dri is $507.18 Million. The majority of Oil Dri outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Oil Dri to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Oil Dri. Please pay attention to any change in the institutional holdings of Oil Dri as this could imply that something significant has changed or is about to change at the company. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the company is less than the current market value, you may not be able generate positive returns on investment in the long run.
Check Oil Ownership Details
Oil Stock Price Odds Analysis
What are Oil Dri's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Oil Dri jumping above the current price in 90 days from now is about 34.43%. The Oil Dri probability density function shows the probability of Oil Dri stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.4231. This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Oil Dri will likely underperform. Additionally, oil Dri has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Oil Dri to move above the current price in 90 days from now is about 34.43 (This Oil Dri probability density function shows the probability of Oil Stock to fall within a particular range of prices over 90 days) .
Oil Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Oil Dri that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Oil Dri's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Oil Dri's value.| Instituion | Recorded On | Shares | |
| Gabelli Funds Llc | 2023-12-31 | 83.1 K | |
| Foundry Partners, Llc | 2023-12-31 | 78.6 K | |
| North Star Investment Management Corp | 2023-12-31 | 68.7 K | |
| Bank Of New York Mellon Corp | 2023-12-31 | 68.2 K | |
| American Century Companies Inc | 2023-12-31 | 68.1 K | |
| Hillsdale Investment Management Inc. | 2023-12-31 | 63.5 K | |
| Bard Associates Inc | 2023-12-31 | 60.6 K | |
| Goldman Sachs Group Inc | 2023-12-31 | 58.8 K | |
| Northern Trust Corp | 2023-12-31 | 54.9 K | |
| Gamco Investors, Inc. Et Al | 2023-12-31 | 413.5 K | |
| Dimensional Fund Advisors, Inc. | 2023-12-31 | 375 K |
Oil Dri Historical Income Statement
Oil Dri Income Statement is one of the three primary financial statements used for reporting Oil's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Oil Dri revenue and expense. Oil Dri Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Oil Dri's Total Revenue is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 124.6 M, whereas Depreciation And Amortization is forecasted to decline to about 9.3 M. View More FundamentalsOil Stock Against Markets
Picking the right benchmark for Oil Dri stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Oil Dri stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Oil Dri is critical whether you are bullish or bearish towards Oil Dri at a given time. Please also check how Oil Dri's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Oil Dri without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Oil Dri Corporate Directors
Oil Dri corporate directors refer to members of an Oil Dri board of directors. The board of directors generally takes responsibility for the Oil Dri's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Oil Dri's board members must vote for the resolution. The Oil Dri board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Michael Nemeroff | Director | Profile | |
| Steven Cole | Independent Director | Profile | |
| Paul Suckow | Independent Director | Profile | |
| EllenBlair Chube | Independent Director | Profile |
How to buy Oil Stock?
Before investing in Oil Dri, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Oil Dri. To buy Oil Dri stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Oil Dri. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Oil Dri stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Oil Dri stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Oil Dri stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Oil Dri, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Oil Stock please use our How to Invest in Oil Dri guide.
Already Invested in Oil Dri?
The danger of trading Oil Dri is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Oil Dri is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Oil Dri. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Oil Dri is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Oil Dri offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Oil Dri's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Oil Dri Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Oil Dri Stock: Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oil Dri. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade Oil Stock refer to our How to Trade Oil Stock guide.Note that the Oil Dri information on this page should be used as a complementary analysis to other Oil Dri's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Complementary Tools for Oil Stock analysis
When running Oil Dri's price analysis, check to measure Oil Dri's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Oil Dri is operating at the current time. Most of Oil Dri's value examination focuses on studying past and present price action to predict the probability of Oil Dri's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oil Dri's price. Additionally, you may evaluate how the addition of Oil Dri to your portfolios can decrease your overall portfolio volatility.
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Is Oil Dri's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Oil Dri. If investors know Oil will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Oil Dri listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.252 | Dividend Share 1.15 | Earnings Share 5.98 | Revenue Per Share 63.107 | Quarterly Revenue Growth 0.039 |
The market value of Oil Dri is measured differently than its book value, which is the value of Oil that is recorded on the company's balance sheet. Investors also form their own opinion of Oil Dri's value that differs from its market value or its book value, called intrinsic value, which is Oil Dri's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Oil Dri's market value can be influenced by many factors that don't directly affect Oil Dri's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Oil Dri's value and its price as these two are different measures arrived at by different means. Investors typically determine if Oil Dri is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oil Dri's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.