Danaher Corporation (NYSE:DHR) went down by -0.36% from its latest closing price compared to the recent 1-year high of $248.86. The company’s stock price has collected 1.27% of gains in the last five trading sessions. Press Release reported 6 hours ago that Danaher Schedules First Quarter 2021 Earnings Conference Call
Is It Worth Investing in Danaher Corporation (NYSE :DHR) Right Now?
Danaher Corporation (NYSE:DHR) scored a price-to-earnings ratio above its average ratio, recording 44.85 x from its present earnings ratio. Plus, the 36-month beta value for DHR is at 0.66. Opinions of the stock are interesting as 18 analysts out of 22 who provided ratings for Danaher Corporation declared the stock was a “buy,” while 1 rated the stock as “overweight,” 2 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $267.44, which is $49.13 above the current price. DHR currently public float of 630.23M and currently shorts hold a 0.91% ratio of that float. Today, the average trading volume of DHR was 2.66M shares.
DHR’s Market Performance
DHR stocks went up by 1.27% for the week, with a monthly drop of -1.93% and a quarterly performance of -1.90%, while its annual performance rate touched 69.11%. The volatility ratio for the week stands at 2.18% while the volatility levels for the past 30 days are set at 2.40% for Danaher Corporation. The simple moving average for the period of the last 20 days is 0.22% for DHR stocks with a simple moving average of 1.88% for the last 200 days.
Analysts’ Opinion of DHR
Many brokerage firms have already submitted their reports for DHR stocks, with Barclays repeating the rating for DHR by listing it as a “Overweight.” The predicted price for DHR in the upcoming period, according to Barclays is $260 based on the research report published on March 03rd of the current year 2021.
Goldman, on the other hand, stated in their research note that they expect to see DHR reach a price target of $250. The rating they have provided for DHR stocks is “Buy” according to the report published on December 02nd, 2020.
RBC Capital Mkts gave a rating of “Sector Perform” to DHR, setting the target price at $234 in the report published on November 25th of the previous year.
DHR Trading at -4.41% from the 50-Day Moving Average
After a stumble in the market that brought DHR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -12.12% of loss for the given period.
Volatility was left at 2.40%, however, over the last 30 days, the volatility rate increased by 2.18%, as shares sank -0.26% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -9.14% lower at present.
During the last 5 trading sessions, DHR rose by +1.27%, which changed the moving average for the period of 200-days by +29.06% in comparison to the 20-day moving average, which settled at $218.18. In addition, Danaher Corporation saw -1.55% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at DHR starting from RALES MITCHELL P, who purchase 1,800 shares at the price of $221.46 back on Feb 26. After this action, RALES MITCHELL P now owns 3,156 shares of Danaher Corporation, valued at $398,628 using the latest closing price.
RALES MITCHELL P, the Chairman of Exec. Committee of Danaher Corporation, purchase 4,800 shares at $221.59 during a trade that took place back on Feb 26, which means that RALES MITCHELL P is holding 2,409,190 shares at $1,063,632 based on the most recent closing price.
Stock Fundamentals for DHR
Current profitability levels for the company are sitting at:
- +19.35 for the present operating margin
- +55.98 for the gross margin
The net margin for Danaher Corporation stands at +16.36. The total capital return value is set at 7.51, while invested capital returns managed to touch 6.39. Equity return is now at value 10.50, with 4.90 for asset returns.
Based on Danaher Corporation (DHR), the company’s capital structure generated 55.77 points at debt to equity in total, while total debt to capital is 35.80. Total debt to assets is 29.12, with long-term debt to equity ratio resting at 60.22. Finally, the long-term debt to capital ratio is 35.48.
When we switch over and look at the enterprise to sales, we see a ratio of 8.04, with the company’s debt to enterprise value settled at 0.12. The receivables turnover for the company is 5.52 and the total asset turnover is 0.32. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.86.