(ODC) Oil-Dri Of America - Ratings and Ratios

Oil-Dri Corporation of America is a diversified manufacturer and marketer of sorbent products, operating globally across two main business segments: Retail and Wholesale Products Group, and Business to Business Products Group. The companys extensive product portfolio caters to various industries, including agriculture, animal health, industrial cleanup, and consumer goods.

The companys agricultural and horticultural products, such as Agsorb and Flo-Fre, serve as critical components in crop management, while its animal health and nutrition products, including Amlan and Calibrin, support the livestock industry. Additionally, Oil-Dris industrial and automotive sorbent products, like Oil-Dri, effectively absorb spills and leaks, making them essential for environmental cleanup and maintenance.

With a customer base spanning mass merchandisers, specialty retailers, industrial distributors, and manufacturers, Oil-Dri Corporation of America has established a robust presence in the global market. Its products are distributed across various channels, including retail stores, online platforms, and direct sales to industrial clients.

Analyzing the companys technical data, the stock has demonstrated a positive trend, with a current price of $44.80, above its 20-day and 50-day simple moving averages (SMA). The 200-day SMA stands at $38.71, indicating a longer-term uptrend. The average true range (ATR) of 1.34, equivalent to 2.99%, suggests moderate volatility. Given the current technical setup, a potential price target could be the 52-week high of $49.71, representing a 11% upside.

From a fundamental perspective, Oil-Dri Corporation of Americas market capitalization stands at $637 million, with a price-to-earnings (P/E) ratio of 13.95, indicating a relatively reasonable valuation. The companys return on equity (RoE) of 20.88% demonstrates its ability to generate profits for shareholders. Considering the current fundamental data and technical trends, a forecast for the companys stock could be a continued upward trajectory, driven by its diversified product portfolio and expanding customer base, potentially reaching $50-$55 in the next 6-12 months, representing a 12-23% increase from the current price.