Oil-Dri Corporation of America's Financials Drive Recent Rally in Stock Price

Oil-Dri Corporation of America's (NYSE:ODC) stock has risen 23% over the past three months. We examine the company's financial health and find that its return on equity (ROE) is 20%, which is lower than the industry average of 25%. Despite this, the company has seen a 32% net income growth over the past five years. The company's low payout ratio and efficient management could be contributing factors to this growth.