Oil Dri Stock Beta
| ODC Stock | USD 69.65 0.83 1.21% |
Oil Dri fundamentals help investors to digest information that contributes to Oil Dri's financial success or failures. It also enables traders to predict the movement of Oil Stock. The fundamental analysis module provides a way to measure Oil Dri's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Oil Dri stock.
Oil | Beta |
Oil Dri Company Beta Analysis
Oil Dri's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Oil Dri Beta | 0.59 |
Most of Oil Dri's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Oil Dri is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Oil Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Oil Dri is extremely important. It helps to project a fair market value of Oil Stock properly, considering its historical fundamentals such as Beta. Since Oil Dri's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Oil Dri's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Oil Dri's interrelated accounts and indicators.
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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Oil Dri has a Beta of 0.588. This is 32.41% lower than that of the Household Products sector and 46.55% lower than that of the Consumer Staples industry. The beta for all United States stocks is notably lower than that of the firm.
Oil Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Oil Dri's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Oil Dri could also be used in its relative valuation, which is a method of valuing Oil Dri by comparing valuation metrics of similar companies.Oil Dri is currently under evaluation in beta category among its peers.
Oil Dri ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Oil Dri's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Oil Dri's managers, analysts, and investors.Environmental | Governance | Social |
Oil Dri 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.| Shares | State Street Corp | 2024-06-30 | 100.9 K | Gabelli Funds Llc | 2024-09-30 | 83.1 K | Bard Associates Inc | 2024-06-30 | 58 K | Bank Of New York Mellon Corp | 2024-06-30 | 54.9 K | Northern Trust Corp | 2024-09-30 | 52.3 K | North Star Investment Management Corp | 2024-09-30 | 49.2 K | Cardinal Capital Management | 2024-09-30 | 47.9 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 41.5 K | Foundry Partners, Llc | 2024-09-30 | 37 K | Gamco Investors, Inc. Et Al | 2024-06-30 | 404.3 K | Dimensional Fund Advisors, Inc. | 2024-09-30 | 376.8 K |
As returns on the market increase, Oil Dri's returns are expected to increase less than the market. However, during the bear market, the loss of holding Oil Dri is expected to be smaller as well.
Oil Fundamentals
| Return On Equity | 0.2 | ||||
| Return On Asset | 0.1 | ||||
| Profit Margin | 0.09 % | ||||
| Operating Margin | 0.11 % | ||||
| Current Valuation | 548.93 M | ||||
| Shares Outstanding | 5.13 M | ||||
| Shares Owned By Insiders | 4.36 % | ||||
| Shares Owned By Institutions | 69.22 % | ||||
| Number Of Shares Shorted | 84.15 K | ||||
| Price To Earning | 13.26 X | ||||
| Price To Book | 2.38 X | ||||
| Price To Sales | 1.16 X | ||||
| Revenue | 437.59 M | ||||
| Gross Profit | 104.14 M | ||||
| EBITDA | 70.74 M | ||||
| Net Income | 39.43 M | ||||
| Cash And Equivalents | 31.75 M | ||||
| Cash Per Share | 2.29 X | ||||
| Total Debt | 70.72 M | ||||
| Debt To Equity | 0.30 % | ||||
| Current Ratio | 2.36 X | ||||
| Book Value Per Share | 28.86 X | ||||
| Cash Flow From Operations | 60.31 M | ||||
| Short Ratio | 5.76 X | ||||
| Earnings Per Share | 5.43 X | ||||
| Number Of Employees | 949 | ||||
| Beta | 0.59 | ||||
| Market Capitalization | 507.74 M | ||||
| Total Asset | 354.61 M | ||||
| Retained Earnings | 232.25 M | ||||
| Working Capital | 80.48 M | ||||
| Current Asset | 86 M | ||||
| Current Liabilities | 27.33 M | ||||
| Annual Yield | 0.02 % | ||||
| Five Year Return | 2.97 % | ||||
| Net Asset | 354.61 M | ||||
| Last Dividend Paid | 1.18 |
About Oil Dri Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Oil Dri's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Oil Dri using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Oil Dri based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 Oil Dri Piotroski F Score and Oil Dri Altman Z Score analysis. For information on how to trade Oil Stock refer to our How to Trade Oil Stock guide.You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Household Products space 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 (0.01) | Dividend Share 1.18 | Earnings Share 5.43 | Revenue Per Share 63.779 | Quarterly Revenue Growth 0.059 |
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.