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

Oil-Dri Corporation of America, established in 1941 and headquartered in Chicago, Illinois, is a prominent developer, manufacturer, and marketer of sorbent products. The company operates through two main segments: the Retail and Wholesale Products Group and the Business to Business Products Group, catering to a diverse range of industries.

Under the Retail segment, Oil-Dri offers an array of consumer products. Their cat litter products, including scoopable and non-clumping options, are marketed under the Cats Pride and Jonny Cat brands. Additionally, the company provides sports products for various athletic fields under the Pros Choice brand, showcasing their versatility in different markets.

The Business to Business segment focuses on industrial applications, utilizing materials like clay, polypropylene, and recycled products. These sorbents are designed to absorb a variety of liquids, including oil and water, and are sold under the Oil-Dri brand. They also serve the agricultural sector with products such as Agsorb and Verge, which act as carriers for biological agents and drying media.

Oil-Dris customer base is extensive, including major retailers, environmental service companies, and industrial distributors. Their products find applications in oil refining, animal feed production, and consumer goods. This broad market reach underscores the companys pivotal role in multiple industries.

From a technical standpoint, Oil-Dris stock (NYSE:ODC) is trading at $43.65, above its 20-day and 50-day moving averages of $42.86 and $42.96, respectively. The stocks 200-day moving average stands at $36.43, indicating a bullish trend. The Average True Range (ATR) of 2.23 suggests manageable volatility.

Fundamentally, the company boasts a market capitalization of $623.19 million with a price-to-earnings ratio of 13.82, reflecting reasonable valuation. The price-to-book ratio of 2.78 and a return on equity of 20.12% highlight strong profitability and efficient asset use.

Looking ahead, Oil-Dris stock is expected to maintain its upward trajectory, supported by its strong financials and market position. Short-term price targets may see consolidation around $44-$46, with potential breaks above $48. The companys consistent performance and diverse product lines position it well for continued growth.