Donaldson Co Inc
DCI: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$58.00 | Vsnrwxn | Rmnjhgpr |
Donaldson Reiterates Full-Year Guidance After Solid Fiscal First Quarter; Maintaining FVE
Narrow-moat Donaldson posted solid fiscal 2023 first-quarter results, featuring a 22.9% year-over-year increase in adjusted EPS, from $0.61 to $0.75. We’ve maintained our $59 fair value estimate as nothing in the earnings results alters our long-term thesis. We view the name as fairly valued at current levels.