Oil-Dri Corporation of America shares are trading near their 52-week high of $99.03, closing at $92.84 on April 16, after surging 64.8% over the past year and significantly outperforming peers. The company's Retail & Wholesale Products Group posted record sales of $82.5 million, a 13% year-over-year increase, driven by strong cat litter demand including record crystal cat litter volumes in the first quarter of 2026. Despite operational disruptions from Winter Storm Fern, Oil-Dri achieved a 99.9% fill rate and reduced backlogs, supported by strategic infrastructure investments. However, the stock trades at a trailing 12-month EV/EBITDA multiple of 14.99X, above the industry average of 14.7X and well above Cabot Corporation's 7.32X and Koppers Holdings' 7.01X, suggesting much of its success is already priced in. Zacks Investment Research recommends investors wait for a more opportune entry point while existing shareholders can hold for long-term growth prospects.
Cabot Corporation
Koppers Holdings IncOil-Dri Corporation Of AmericaRecord sales driven by strong cat litter demand, including record crystal cat litter volumes.