Docoh
Loading...

ODC Oil-Dri Corp. Of America

Oil-Dri Corp. of America develops, manufactures, and markets sorbent products. It operates through the following segments: Retail and Wholesale Products Group and Business to Business Products Group. The Retail and Wholesale Products Group segment includes mass merchandisers, wholesale clubs, drugstore chains, pet specialty retail outlets, dollar stores, retail grocery stores, distributors of industrial cleanup and automotive products, environmental service companies, and sports field product users. The Business to Business Products Group segment focuses on processors and refiners of edible oils, petroleum-based oils and biodiesel fuel, manufacturers of animal feed and agricultural chemicals, distributors of animal health and nutrition products, and marketers of consumer products. The company was founded by Nick Jaffee in 1941 and is headquartered in Chicago, IL.

Company profile

Ticker
ODC
Exchange
Website
CEO
Daniel Jaffee
Employees
Incorporated
Location
Fiscal year end
Former names
OIL DRI CORP OF AMERICA, OIL DRI CORPORATION OF AMERICA
SEC CIK
IRS number
362048898

ODC stock data

(
)

Calendar

11 Mar 21
18 Apr 21
31 Jul 21
Quarter (USD)
Jan 21 Oct 20 Jul 20 Apr 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD)
Jul 20 Jul 19 Jul 18 Jul 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Cash burn rate (estimated) Burn method: Change in cash Burn method: Operating income/loss Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 30.71M 30.71M 30.71M 30.71M 30.71M 30.71M
Cash burn (monthly) 194.33K (positive/no burn) (positive/no burn) (positive/no burn) (positive/no burn) (positive/no burn)
Cash used (since last report) 508.77K n/a n/a n/a n/a n/a
Cash remaining 30.2M n/a n/a n/a n/a n/a
Runway (months of cash) 155.4 n/a n/a n/a n/a n/a

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
12 Mar 21 Jaffee Daniel S Common Stock Conversion Aquire C No No 0 266 0 266
12 Mar 21 Jaffee Daniel S Class B Stock Common Stock Conversion Dispose C No No 0 266 0 452,634
11 Mar 21 Jaffee Daniel S Common Stock Sell Dispose S No Yes 37.86 266 10.07K 0
11 Mar 21 Jaffee Daniel S Common Stock Sell Dispose S No Yes 37.61 4,220 158.71K 0
11 Mar 21 Jaffee Daniel S Common Stock Conversion Aquire C No No 0 4,220 0 4,220
11 Mar 21 Jaffee Daniel S Class B Stock Common Stock Conversion Dispose C No No 0 4,220 0 452,900
10 Mar 21 Matthew Daley Common Stock Grant Aquire A No No 37.72 5,000 188.6K 5,000
10 Mar 21 Jaffee Daniel S Common Stock Sell Dispose S No Yes 37.6 4,710 177.1K 0
10 Mar 21 Jaffee Daniel S Common Stock Conversion Aquire C No No 0 4,710 0 4,710
10 Mar 21 Jaffee Daniel S Class B Stock Common Stock Conversion Dispose C No No 0 4,710 0 457,120

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

68.9% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 67 69 -2.9%
Opened positions 6 7 -14.3%
Closed positions 8 8
Increased positions 22 20 +10.0%
Reduced positions 24 30 -20.0%
13F shares
Current Prev Q Change
Total value 198.55M 134.08M +48.1%
Total shares 3.72M 3.75M -0.7%
Total puts 0 0
Total calls 0 0
Total put/call ratio
Largest owners
Shares Value Change
GBL Gamco Investors 493.51K $16.82M -0.8%
TROW T. Rowe Price 457.26K $15.58M -3.3%
Dimensional Fund Advisors 400.42K $13.65M -1.7%
Renaissance Technologies 390.15K $13.3M +1.0%
BLK Blackrock 307.02K $10.46M +2.9%
Vanguard 304.14K $10.37M -13.6%
STT State Street 113.74K $3.88M +1.4%
WFC Wells Fargo & Co. 109.59K $3.74M -0.2%
Punch & Associates Investment Management 100.69K $3.43M +12.8%
Gabelli Funds 83.3K $2.84M -2.9%
Largest transactions
Shares Bought/sold Change
Vanguard 304.14K -47.87K -13.6%
BK Bank Of New York Mellon 79.13K +37.16K +88.5%
TROW T. Rowe Price 457.26K -15.68K -3.3%
Martingale Asset Management L P 0 -12.71K EXIT
Punch & Associates Investment Management 100.69K +11.4K +12.8%
JPM JPMorgan Chase & Co. 17.14K +10.89K +174.3%
Millennium Management 0 -10.34K EXIT
Russell Investments 15.45K -9.99K -39.3%
MS Morgan Stanley 12.19K +9.24K +312.9%
BLK Blackrock 307.02K +8.72K +2.9%

Financial report summary

?
Risks
  • Our future growth and financial performance depend in large part on successful new product introductions.
  • We face intense competition in our markets.
  • Our periodic results may be volatile.
  • Our business could be adversely affected by a widespread threat to public health.
  • Acquisitions involve a number of risks, any of which could cause us not to realize the anticipated benefits.
  • We depend on a limited number of customers for a large portion of our net sales.
  • Price or trade concessions, or the failure to make them to retain customers, could adversely affect our sales and profitability.
  • Increases in energy, commodity and transportation costs would increase our operating costs, and we may be unable to pass all these increases on to our customers in the form of higher prices and surcharges.
  • Our business could be negatively affected by supply, capacity, information technology and logistics disruptions or the costs incurred to avoid these disruptions.
  • Technology failures or cyber security breaches could have an adverse effect on the Company's business and operations.
  • Changes in inventory strategy by our customers as well as other external factors could adversely affect our sales and increase our inventory risk.
  • Environmental, health and safety matters create potential compliance and other liability risks.
  • Government regulation imposes significant costs on us, and future regulatory changes (or related customer responses to regulatory changes) could increase those costs or limit our ability to produce and sell our products.
  • Failure to maintain a level of corporate social responsibility could damage our reputation and could adversely affect our business, financial condition or results of operations.
  • We depend on our mining operations for a majority of our supply of sorbent minerals.
  • We may not be successful in acquiring adequate additional reserves in the future.
  • Failure to effectively utilize or successfully assert intellectual property rights, and the loss or expiration of such rights, could materially adversely affect our competitiveness. Infringement of third-party intellectual property rights could result in costly litigation and/or the modification or discontinuance of our products.
  • The loss of any key member of our senior management team may impede the implementation of our business plans in a timely manner.
  • We face risks to our domestic and international sales and business operations due to economic, political, regulatory and other conditions.
  • We may incur adverse safety events or product liability claims that may be costly, create adverse publicity and may add further governmental regulation.
  • Failure to maintain effective internal control over financial reporting could have a material adverse effect on our business, operating results and stock price.
  • Our principal stockholders have the ability to control matters requiring a stockholder vote and could delay, deter or prevent a change in control of our company.
  • We are a “controlled company” within the meaning of the New York Stock Exchange (“NYSE”) rules and, as a result, qualify for, and intend to rely on, exemptions from certain corporate governance requirements.
  • The market price for our Common Stock may be volatile.
  • Future sales of our Common Stock could depress its market price.
  • Future dividends on our common stock may be restricted or eliminated.
Management Discussion
  • We develop, mine, manufacture and market sorbent products principally produced from clay minerals, primarily consisting of calcium bentonite, attapulgite and diatomaceous shale. Our principal products include agricultural and horticultural chemical carriers, animal health and nutrition products, cat litter, fluid purification and filtration bleaching clays, industrial and automotive floor absorbents and sports field products. Our products are sold to two primary customer groups, including customers who resell our products as originally produced to the end consumer and other customers who use our products as part of their production process or use them as an ingredient in their final finished product. We have two reportable operating segments based on the different characteristics of our two primary customer groups: the Retail and Wholesale Products Group and the Business to Business Products Group. Each operating segment is discussed individually below. Additional detailed descriptions of the operating segments are included in Item 1 “Business” above.
Content analysis
?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. sophomore Avg
New words: absence, air, anticipatory, assert, asserted, brought, challenged, chart, concentrated, Conversely, copyright, costly, defend, deploy, diminish, discontinuance, discontinue, discontinued, discontinuing, effort, enjoin, exceeded, failure, frozen, fruition, hand, harm, imbalance, intellectual, invalidated, invalidity, leadership, lockdown, marketplace, match, maximized, mentioned, modification, month, order, past, perfect, personnel, pressure, prevalent, program, put, resin, sale, secret, small, strong, substantial, type, undertaken, unsuccessful, volatility, voluntarily, winning, won
Removed: voluntary