Oil-Dri combines scarce mineral reserves, recession-resistant cat litter demand, and specialty B2B growth into a durable defensive compounder—but after a sharp rally, execution must justify the premium valuation.
Oil-Dri Corporation of America (ODC) operates a highly profitable, vertically integrated business model focused on the mining, processing, and marketing of specialty sorbent minerals.[1] The company controls hundreds of millions of tons of geologically scarce mineral reserves—primarily calcium bentonite, attapulgite, and diatomaceous shale—securing its raw material supply chain from the mine face to the finished product.[1, 2] The company's operations are divided into two primary commercial segments: the Retail and Wholesale (R&W) Products Group and the Business-to-Business (B2B) Products Group.[3, 4]
Revenue is generated through a diversified mix of consumer-packaged goods and highly technical industrial applications.[4, 5] The R&W segment, which constitutes approximately 55% of total sales, produces clay-based cat litters sold under branded trademarks like Cat's Pride and Jonny Cat, as well as private-label formulations for major retailers.[1, 6] It also sells industrial and sports clay absorbents used to control workplace spills and manage sports field drainage.[6] The B2B segment, representing approximately 45% of revenues, focuses on highly specialized applications.[1, 5] These include fluids purification (bleaching clays used to filter edible vegetable oils, jet fuel, and biodiesel or renewable diesel feedstocks), agricultural carriers (granular clays used to deliver active crop protection chemicals), and animal health (Amlan International, which manufactures natural feed additives to promote livestock gut health and bind harmful mycotoxins).[1, 4, 6]
Geographically, the company's manufacturing footprint is centered in North America, with the United States and Canada representing its primary commercial markets.[4, 5] However, its high-margin animal health division, Amlan, has established a commercial presence internationally, spanning Latin America, Southeast Asia, China, and Europe.[4, 5, 7] The customer base is split between mass-market retailers and industrial accounts.[4] On the retail side, Walmart is the company's largest customer, accounting for 19% of consolidated net sales.[8] On the industrial side, B2B buyers include global edible oil processors, renewable diesel refineries, and major commercial livestock integrators.[1, 4]
Customers choose the company over alternative suppliers because of its geological reserve security, vertical integration, and advanced mineral science.[1, 9] By owning its mines and co-locating processing plants near critical transport hubs, the company enjoys a structural logistics cost advantage.[1] This is particularly important because clay is heavy and has a low value-per-pound, making freight costs a key competitive differentiator.[1] Additionally, the company's proprietary particle engineering has enabled lightweight clumping litters that weigh up to 40% less than traditional clay litters, reducing carbon emissions and logistics costs across the retail supply chain.[1, 9]
The company's commercial strategy centers on shifting its product mix from low-margin, commodity-grade clay absorbents toward highly specialized, value-added formulations.[4] This strategic focus is executed across five distinct product lines, outlined in the table below:
| Product Line | Consolidated Revenue Share | Core Product Categories and Formulations | Primary End Markets Served | Key Strategic Growth Drivers |
|---|---|---|---|---|
| Pet Care | 55% | Branded (Cat's Pride, Jonny Cat) and private-label scoopable, clumping, coarse, and silica gel-based crystal litters.[4, 6, 10] | Retail pet owners, grocery chains, mass merchandisers, and e-commerce platforms.[4] | Pet humanization, expanding cat ownership, premium lightweight formats, and crystal litter adoption.[10, 11] |
| Fluids Purification | 21% | Pure-Flo bleaching earths, silicates, clarification media, and Metal-series adsorbents.[6, 12] | Edible oil refiners, biodiesel producers, and renewable diesel refineries.[1, 6] | Regulatory biodiesel mandates, expansion of renewable diesel capacity, and pretreatment filtration requirements.[1, 6] |
| Industrial & Sports | 10% | Granular clay floor absorbents and Turface sports field soil conditioners.[6] | Manufacturing facilities, automotive repair shops, and professional/recreational baseball fields.[6] | Industrial spill compliance regulations and municipal/professional athletic field construction.[6, 10] |
| Agriculture | 8% | Agsorb and Verge granular mineral carriers for chemical active ingredients.[6] | Commercial pesticide, herbicide, and crop protection chemical manufacturers.[4] | Global crop protection demand, agricultural chemical spending, and carrier performance requirements.[13] |
| Animal Health | 6% | Amlan International natural mineral feed additives (Calibrin-A, Calibrin-Z, Phylox, NeutraPath).[14, 15] | Commercial poultry, swine, dairy, and aquaculture livestock integrators.[4] | Global regulatory bans on livestock antibiotics and the demand for natural pathogen-binding alternatives.[7] |
This product portfolio is supported by a robust, multi-layered competitive moat that isolates the company from pure commodity pricing pressures [13]:
The global cat litter market was valued at approximately \$5.1 billion in 2024 and is projected to reach \$8.6 billion by 2034, representing a 5.5% CAGR.[10] Within this market, clay-based formats represent 68.5% of total volumes, and clumping formats hold a 74.8% share.[10] The company is positioned to capitalize on this addressable market through its lightweight clay patents and its May 2024 acquisition of Ultra Pet Company for \$46 million, which expanded its portfolio into silica-gel crystal litters.[6, 13]
In B2B markets, the global industrial absorbents market is projected to grow from \$4.42 billion in 2024 to \$6.56 billion by 2033, registering a 4.6% CAGR.[10] The domestic renewable diesel pre-treatment market represents a major secular driver.[6] U.S. renewable diesel production grew from 800 million gallons in 2020 to 6 billion gallons in 2025, increasing the demand for pre-treatment adsorbents like the Metal-series to protect downstream refining catalysts.[6, 9]
The consumer cat litter landscape in the United States and Canada is highly consolidated and dominated by multi-billion-dollar consumer packaged goods (CPG) companies.[13] Despite this concentration, the company holds a solid position in its targeted niches:
| Competitor | Est. North American Market Share | Flagship Brands | Competitive Advantage / Strategy | Oil-Dri Market Positioning vs. Competitor |
|---|---|---|---|---|
| Church & Dwight Co. | 22% – 25% | Arm & Hammer, Double Duty [13] | Large marketing budgets, retail category management dominance, and sodium bicarbonate odor control.[13] | Holding Ground: The company competes via proprietary lightweight clay formulations and leads the private-label coarse and lightweight segments.[6, 13] |
| The Clorox Company | 15% – 18% | Fresh Step, Scoop Away [13] | Strong brand equity, premium retail shelf positioning, and consumer loyalty programs.[13] | Holding Ground: The company uses its lower-cost private-label contracts and e-commerce exclusives to capture price-sensitive buyers.[11, 13] |
| Nestlé Purina PetCare | 13% – 15% | Tidy Cats [13] | Integrated pet food and pet care ecosystem, and extensive distribution networks.[13] | Holding Ground: The company leverages its lower-weight packaging, which reduces retail logistics handling costs.[9] |
| Mars, Incorporated | 10% – 12% | CATSAN [13] | Global scale, strong European footprint, and multi-channel pet specialty reach.[5, 13] | Holding Ground: The company leverages its domestic mine proximity to maintain a structural logistics advantage in North America.[1, 5] |
| Oil-Dri Corporation | 7% – 9% | Cat's Pride, Jonny Cat [13] | Vertical integration, lightweight clay patents, and private-label production leadership.[6, 13] | Market Leader in Lightweight: Holds a 31% market share in branded lightweight scoopable clay and a 79% share in private-label lightweight clay.[6] |
In the industrial pre-treatment and animal health markets, the company competes with large specialty chemical and mineral firms like Clariant, BASF, and W.R. Grace.[5, 13] The company is expanding its market footprint by developing natural, antibiotic-free mineral feed additives through Amlan and engineering highly efficient filtration media to remove polar impurities in renewable fuels.[7, 12]
On June 8, 2026, the company announced its financial results for the third quarter of fiscal year 2026, which ended on April 30, 2026.[3]
The company delivered strong financial results for the third quarter of fiscal year 2026, driven by robust demand across both the retail and B2B divisions.[3, 18] Net sales rose 9% to a record \$126.3 million, compared to \$115.5 million in the third quarter of fiscal 2025.[3] Net income grew 25% to \$14.5 million, up from \$11.6 million in the prior-year quarter, while diluted earnings per common share (EPS) increased 25% to \$1.00 from \$0.80.[3] EBITDA rose 17% to \$23.8 million, up from \$20.2 million.[3] These results surpassed market expectations, driven by higher-than-expected sales volumes and effective cost-management initiatives.[19]
Consolidated Performance (Q3 FY26 vs. Q3 FY25):
Net Sales: $126.3M (+9%) [3]
Net Income: $14.5M (+25%) [3]
Diluted EPS: $1.00 (+25%) [3]
EBITDA: $23.8M (+17%) [3]
Gross Margin: 26.7% (-190 bps) [3, 20]
SG&A Expenses: $16.6M (-13%) [3]
This strong performance was supported by a recovery in operations following Winter Storm Fern in January 2026, which had caused manufacturing shutdowns and shipping backlogs.[21, 22] The company quickly cleared its order backlog, reducing it by \$2.2 million and shifting that deferred revenue directly into the third quarter.[21, 23]
Despite strong top-line and net income growth, the company faced gross margin pressure during the quarter.[3] Gross margin fell 190 basis points to 26.7%, down from 28.6% in the third quarter of fiscal 2025.[3, 20] This decline was driven by a 6% increase in domestic cost of goods sold per ton, reflecting persistent inflation in labor, packaging, purchased materials, and logistics.[3, 20] However, this margin compression was offset by disciplined SG&A cost controls.[3] SG&A expenses declined 13% to \$16.6 million, primarily due to a lower corporate bonus accrual and the timing of advertising outlays.[21, 24] This overhead reduction lifted operating income 23% to \$17.1 million, expanding the operating margin to 13.5% from 12.0%.[3]
The segment results for the three and nine months ended April 30, 2026, are detailed in the table below:
| Segment | Q3 FY26 Net Sales | Q3 FY26 YoY Change | Q3 FY26 Segment Operating Income | Q3 FY26 YoY Change | 9-Month FY26 Net Sales [25] | 9-Month FY26 Segment Operating Income [26] |
|---|---|---|---|---|---|---|
| Retail & Wholesale | \$82.5 Million [3] | +13% [3] | \$11.3 Million [3] | +16% [3] | \$234.4 Million | \$34.4 Million |
| Business-to-Business | \$43.8 Million [3] | +3% [3] | \$13.0 Million [3] | -3% [3] | \$130.1 Million | \$44.8 Million |
| Corporate Expenses | — | — | -\$7.2 Million | — | — | -\$26.7 Million |
| Consolidated Total | \$126.3 Million [3] | +9% [3] | \$17.1 Million [3] | +23% [3] | \$364.6 Million [26] | \$52.6 Million |
The Retail & Wholesale Products Group delivered record performance, driven by a 13% increase in cat litter sales.[3, 20] Excluding co-packaged volumes, domestic cat litter sales rose 10% to \$57.9 million.[21] Private-label co-packaged litter sales surged 94%, reaching a record quarterly high.[21] Segment operating income grew 16% to \$11.3 million, supported by higher sales and a \$500,000 reduction in advertising spend.[3, 24] Industrial and sports products achieved record sales of \$12.7 million, up 3%, driven by targeted pricing actions.[24, 25]
The Business to Business Products Group reported modest sales growth of 3% to \$43.8 million, but segment operating income fell 3% to \$13.0 million due to higher production and material costs.[3, 24] Within the division, agricultural carrier sales rose 7% to \$12.4 million, and Amlan animal health sales grew 10% to \$6.4 million, driven by new customer accounts.[21] Conversely, fluids purification sales declined 1% to \$25.0 million.[21] This minor decline was attributed to high-quality domestic crop yields in the prior year, which required less processing clay to remove impurities.[18]
The company did not revise its earnings guidance for fiscal year 2026 or fiscal year 2027.[20] Standard market forecasts for the company remained steady, with EPS projected at \$3.67 for fiscal 2026 and \$3.80 for fiscal 2027, and revenues forecasted at \$521.99 million and \$540.26 million, respectively.[20]
During the Q3 webcast, President and CEO Daniel Jaffee emphasized that cash generation remains a key metric for the business, stating that "earnings are an opinion, cash is a fact".[20] He noted that capital expenditures had averaged approximately \$32 million annually over the past five years to modernize aged plants.[11, 20] This capital program is causing depreciation to rise, running at an annualized pace of \$22.5 million compared to a historical \$13.0 million average.[11] While this non-cash depreciation creates a drag on GAAP gross margins, the underlying cash flow generation remains strong.[11, 20]
Wade Robey, President of Amlan, reported progress in regaining market share at a key distributor account lost earlier in the year, which helped drive the 10% animal health sales growth.[11, 21] Laura Scheland, VP of the Consumer Products Division, highlighted that the company's manufacturing investments had enabled a 99.9% customer fill rate during the quarter, indicating strong operational performance.[11]
The market reacted favorably to the earnings announcement.[20, 27] The company's stock price, which closed at \$83.99 on June 8, 2026, rose 17.4% to close at an all-time high of \$98.59 on June 9, 2026.[18, 27] It subsequently experienced minor profit-taking on June 10, 2026, closing at \$95.61.[27] In tandem with the earnings release, the Board of Directors declared a 10% dividend increase to \$0.225 per common share, representing the company's 23rd consecutive year of dividend growth.[3] The Board also authorized the repurchase of up to 500,000 additional common shares.[3]
The company's primary financial drivers are linked to its vertically integrated business model, where recurring consumer cash flows help fund high-margin B2B growth.[1] The company has achieved a 5-year sales growth CAGR of 11.4% through fiscal year 2025.[28]
$\text{5-Year Sales CAGR} = \left( \frac{\$485.6 \text{ Million}}{\$283.2 \text{ Million}} \right)^{\frac{1}{5}} - 1 \approx 11.4\% \quad \text{[28]}$
Operating cash flow for the first nine months of fiscal 2026 was robust at \$53.2 million, which comfortably funded \$20.9 million in capital expenditures, \$12.5 million in share repurchases, and \$7.6 million in dividends.[26]
Based on a current share price of \$95.61, the company's valuation metrics are detailed below [20, 26, 27]:
The company faces several company-specific, competitive, and macroeconomic risks that could impact its operating performance.[13]
The company's facility modernization program represents a key execution risk.[11, 20] Over the past five years, the company has reinvested an average of \$32 million annually in plant upgrades.[11, 20] These investments are designed to preserve product quality and customer service levels rather than directly expand margins.[11] This elevated capital spending has caused depreciation to catch up, rising to an annualized run-rate of \$22.5 million.[11] If these updated facilities fail to generate processing efficiencies, the company faces structural margin drag from high fixed depreciation costs.[11, 20] Additionally, the company's mineral mining is concentrated in specific geographic regions of Georgia, Mississippi, Illinois, and California.[1, 4] This concentration exposes operations to localized weather disruptions, labor shortages, rail transport bottlenecks, or regional regulatory changes.[13]
The consumer pet care category, which generates 55% of revenues, is highly competitive.[6, 13] Multi-billion-dollar CPG giants like Church & Dwight, Clorox, and Nestlé Purina command dominant market shares and possess superior advertising budgets and retail shelf leverage.[13] Intense promotional and pricing activities by these players can pressure the company's market share in branded clay litters, forcing it to increase retail marketing spend.[13] Furthermore, there is a risk of a structural consumer shift toward alternative, non-clay clumping litters.[13, 31] The emergence of advanced synthetic sorbents or biodegradable plant-based materials (derived from wheat, corn, wood, or hemp composites) could capture market share from traditional clay-based litters if consumer preferences shift toward biodegradable products.[13, 31]
The company faces customer concentration risk, with Walmart accounting for 19% of consolidated net sales and 23% of accounts receivable.[8] This concentration gives the retailer significant pricing leverage.[4, 8] Demands for pricing concessions or modifications to private-label supply contracts could impact the profit margins of the R&W segment.[4, 5] In the B2B segment, demand for fluids purification products is tied to agricultural crop quality.[18] High-quality agricultural crop yields require less processing clay to remove polar impurities, which can lead to lower clay sales volumes for edible oil and fuel refining applications.[12, 18]
As a mining and processing business, the company is subject to strict, evolving environmental regulations.[13] Land reclamation, dust abatement, waste disposal, and air quality mandates require ongoing capital compliance expenditures.[13] Average environmental compliance costs in the domestic mining sector have been rising steadily, presenting a potential cost drag.[13] On a macroeconomic level, the business is sensitive to cost fluctuations in key inputs.[3, 21] Clay processing requires substantial natural gas to thermally dry mined raw clay.[2, 32] Spikes in natural gas prices, packaging materials, or rail and truck freight rates can compress gross margins if the company is unable to pass these costs along to retail and industrial buyers.[11, 32]
This five-year scenario analysis is projected through fiscal year 2031, utilizing the company's current capital structure, baseline revenue guidance of \$522 million, and the current share price of \$95.61 USD as of June 10, 2026.[20, 27] The models assume a diluted share count of 13.9 million shares, and future share prices are projected in USD.[20, 26]
$\text{FY31 Projected Revenue} = \$522.0 \text{ Million} \times (1.10)^5 \approx \$840.7 \text{ Million} \quad \text{(Modeled at \$840.0 Million) [20]}$
Modernized facility efficiencies and a shift toward B2B sales expand net profit margins to 12.5%.[4, 20] Strong cash flow generation is used to accelerate stock repurchases, reducing the diluted share count to 13.0 million shares.[3]
$\text{FY31 Net Income} = \$840.0 \text{ Million} \times 12.5\% = \$105.0 \text{ Million}$
$\text{Projected EPS} = \frac{\$105.0 \text{ Million}}{13.0 \text{ Million Shares}} \approx \$8.08$
Applying a terminal P/E multiple of 25.0x (reflecting high-margin B2B business expansion), the implied future share price is \$202.00 USD.[18, 20] Under this scenario, the company distributes \$6.50 USD in cumulative dividends over 5 years.[3] The total 5-year return is 118.1%, representing a 16.9% annualized return.[27]
$\text{Total High Case Return} = \frac{\$202.00 + \$6.50}{\$95.61} - 1 \approx 118.1\% \quad \text{[27]}$
$\text{FY31 Projected Revenue} = \$522.0 \text{ Million} \times (1.06)^5 \approx \$698.5 \text{ Million} \quad \text{(Modeled at \$700.0 Million) [20]}$
Net profit margins stabilize at 11.0%, reflecting normalized cost structures.[30] Modernization capital expenditures taper off, and the diluted share count is reduced slightly to 13.8 million shares via steady repurchases.[3, 11]
$\text{FY31 Net Income} = \$700.0 \text{ Million} \times 11.0\% = \$77.0 \text{ Million}$
$\text{Projected EPS} = \frac{\$77.0 \text{ Million}}{13.8 \text{ Million Shares}} \approx \$5.58$
Applying a terminal P/E multiple of 20.0x (reflecting mature but steady growth), the implied share price is \$111.60 USD.[20, 30] The company distributes \$5.50 USD in cumulative dividends, resulting in a total 5-year return of 22.5%, representing a 4.1% annualized return.[27]
$\text{Total Base Case Return} = \frac{\$111.60 + \$5.50}{\$95.61} - 1 \approx 22.5\% \quad \text{[27]}$
$\text{FY31 Projected Revenue} = \$522.0 \text{ Million} \times (1.025)^5 \approx \$590.6 \text{ Million} \quad \text{(Modeled at \$590.0 Million) [20]}$
Persistent input cost inflation and high depreciation from modernized facilities compress net margins to 8.5%.[11, 20] Capital expenditures consume cash flow, halting stock buybacks, while option dilution increases the share count to 14.1 million shares.[11, 26]
$\text{FY31 Net Income} = \$590.0 \text{ Million} \times 8.5\% = \$50.15 \text{ Million}$
$\text{Projected EPS} = \frac{\$50.15 \text{ Million}}{14.1 \text{ Million Shares}} \approx \$3.56$
Applying a lower P/E multiple of 15.0x (reflecting slower growth and commodity exposure), the implied future share price declines to \$53.40 USD.[20, 33] Under this scenario, the company distributes \$4.50 USD in cumulative dividends.[3] The total 5-year return is -39.4%, representing a -9.6% annualized return.[27]
$\text{Total Low Case Return} = \frac{\$53.40 + \$4.50}{\$95.61} - 1 \approx -39.4\% \quad \text{[27]}$
The table below outlines the projected annual share price trajectory under each scenario from Year 0 (FY26 baseline) to Year 5 (FY31):
| Scenario | Year 0 Share Price (USD) | Year 1 Share Price (USD) | Year 2 Share Price (USD) | Year 3 Share Price (USD) | Year 4 Share Price (USD) | Year 5 Share Price (USD) |
|---|---|---|---|---|---|---|
| High Case | \$95.61 [27] | \$111.00 | \$128.90 | \$149.60 | \$173.70 | \$202.00 [27] |
| Base Case | \$95.61 [27] | \$98.60 | \$101.70 | \$104.90 | \$108.10 | \$111.60 [27] |
| Low Case | \$95.61 [27] | \$85.10 | \$75.70 | \$67.40 | \$60.00 | \$53.40 [27] |
The probability-weighted target price, based on the three operating scenarios, is calculated as follows:
$\text{Weighted Target Price} = (0.30 \times \$202.00) + (0.50 \times \$111.60) + (0.20 \times \$53.40) = \$127.08 \text{ USD [27]}$
| Scenario | Revenue in Year 5 (USD) | Margin / Earnings Assumption | Valuation Multiple Assumption | Current Share Price (USD) | Implied Future Share Price (USD) | 5-Year Total Return | Annualized Return | Probability |
|---|---|---|---|---|---|---|---|---|
| High Case | \$840.0 Million | 12.5% Margin / \$8.08 EPS [4, 20] | 25.0x P/E [18, 20] | \$95.61 [27] | \$202.00 [27] | 118.1% | 16.9% | 30% |
| Base Case | \$700.0 Million | 11.0% Margin / \$5.58 EPS [20, 30] | 20.0x P/E [20, 30] | \$95.61 [27] | \$111.60 [27] | 22.5% | 4.1% | 50% |
| Low Case | \$590.0 Million | 8.5% Margin / \$3.56 EPS [20, 33] | 15.0x P/E [20, 33] | \$95.61 [27] | \$53.40 [27] | -39.4% | -9.6% | 20% |
ASYMMETRIC GROWTH PROFILE
The qualitative attributes of the company are evaluated on a scale of 1 to 10 below:
| Evaluation Category | Assigned Rating (1-10) | Analytical Rationale and Supporting Evidence |
|---|---|---|
| Management Alignment | 9 / 10 | 52-year dividend track record and high family ownership via super-voting shares.[17, 20] |
| Revenue Quality | 8 / 10 | Highly recurring, recession-resistant consumer demand offset by Walmart concentration.[1, 8] |
| Market Position | 7 / 10 | Dominates lightweight cat litter but competes with dominant consumer brands.[6, 13] |
| Growth Outlook | 7 / 10 | Supported by renewable diesel pre-treatment and crystal litter adoption.[6, 13] |
| Financial Health | 9 / 10 | Net cash positive position with low leverage and a strong cash position.[26] |
| Business Viability | 8 / 10 | Over 100 years of reserves, though localized to North American mines.[5, 35] |
| Capital Allocation | 8 / 10 | Reinvestments in plant modernization alongside steady dividend growth and buybacks.[3, 11] |
| Analyst Sentiment | 5 / 10 | Stretched near-term valuation and minimal institutional analyst coverage.[20, 36] |
| Profitability | 8 / 10 | 20% ROE and strong cash generation offset by near-term input cost pressures.[3, 20] |
| Track Record | 9 / 10 | Exceptional long-term outperformance and dividend growth compounding.[3, 6] |
| Blended Qualitative Score | 7.8 / 10 | Indicates a highly stable, cash-generative underlying business model. |
ROBUST DEFENSIVE COMPOUNDER
The investment thesis centers on the company's position as a vertically integrated specialty minerals producer with stable consumer demand.[1, 4] The ownership of high-grade calcium bentonite and attapulgite reserves, co-located near processing facilities, provides a structural cost advantage that is difficult to replicate.[1] In addition, the recurring nature of the pet care business and steady B2B demand provide consistent cash flow throughout economic cycles.[1, 6]
Key structural growth catalysts include [6, 13]:
However, the investment case is balanced by margin pressures.[3, 11] The company is experiencing gross margin compression from higher raw material, packaging, and freight costs.[3, 20] Fixed depreciation costs from modernized facilities also present a near-term GAAP margin drag.[11, 20] Additionally, trading near its all-time high of \$98.59 USD and a trailing P/E of 25.0x to 26.5x, the stock appears to reflect much of the expected growth, requiring consistent execution in the B2B and premium pet care segments to support this valuation.[20, 27]
STABLE GEOLOGICAL MOAT
The company's stock price is currently trading at \$95.61 USD, indicating strong upward momentum.[27, 37] This level is significantly above its simple 200-day moving average of \$76.59 USD, driven by positive market reaction to the record third-quarter results announced on June 8, 2026.[3, 27, 38] The stock reached an all-time closing high of \$98.59 USD on June 9, 2026, and remains within 3.5% of its peak, suggesting strong near-term technical support.[27, 37] While near-term technical indicators suggest some overbought conditions on daily charts, the broader moving averages remain in a positive configuration.[38] In the short term, expect a period of price consolidation around the current all-time highs as the market digests the post-earnings 17% price surge.[18, 27]
BULLISH CONSOLIDATION EXPECTED
View Oil-Dri Corporation of America (ODC) stock page
Loading the interactive version of this report…