Oil-Dri Corporation Of America (ODC) Releases Quarterly Earnings Results

Oil-Dri Corporation Of America (NYSE:ODC) issued its quarterly earnings results on Tuesday. The specialty chemicals company reported $0.20 earnings per share (EPS) for the quarter, reports. Oil-Dri Corporation Of America had a net margin of 5.63% and a return on equity of 12.39%.

Oil-Dri Corporation Of America (NYSE:ODC) opened at 50.31 on Wednesday. Oil-Dri Corporation Of America has a 52 week low of $31.35 and a 52 week high of $50.82. The firm’s 50-day moving average is $44.18 and its 200-day moving average is $40.52. The firm has a market cap of $367.06 million, a price-to-earnings ratio of 25.12 and a beta of 1.12.

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Separately, BidaskClub lowered shares of Oil-Dri Corporation Of America from a “buy” rating to a “hold” rating in a research note on Monday, July 24th.

In related news, Director Allan H. Selig acquired 1,000 shares of Oil-Dri Corporation Of America stock in a transaction dated Friday, July 21st. The stock was acquired at an average price of $43.51 per share, for a total transaction of $43,510.00. Following the transaction, the director now owns 30,500 shares of the company’s stock, valued at $1,327,055. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 13.86% of the stock is currently owned by insiders.

About Oil-Dri Corporation Of America

Oil-Dri Corporation of America is engaged in developing, manufacturing and/or marketing sorbent products. The Company operates through two segments: Retail and Wholesale Products Group, and Business to Business Products Group. The Retail and Wholesale Products Group’s customers include mass merchandisers, wholesale clubs, drugstore chains, dollar stores, distributors of industrial cleanup and automotive products, environmental service companies and sports field product users.

Earnings History for Oil-Dri Corporation Of America (NYSE:ODC)

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