Danaher Corp. (NYSE: DHR) has a price-to-earnings ratio that is above its average at 38.26x. The stock has a 36-month beta value of 0.84. Opinions on the stock are mixed, with 6 analysts rating it as a “buy,” 7 as “overweight,” 4 as “hold,” and 0 as “sell.”
The public float for DHR is 675.18M, and at present, short sellers hold a 0.84% of that float. On April 09, 2024, the average trading volume of DHR was 2.74M shares.
DHR) stock’s latest price update
The stock of Danaher Corp. (NYSE: DHR) has decreased by -0.01 when compared to last closing price of 244.28. Despite this, the company has experienced a -1.43% fall in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-05 that In the closing of the recent trading day, Danaher (DHR) stood at $244.28, denoting a +0.98% change from the preceding trading day.
DHR’s Market Performance
DHR’s stock has fallen by -1.43% in the past week, with a monthly drop of -3.88% and a quarterly rise of 6.06%. The volatility ratio for the week is 1.63% while the volatility levels for the last 30 days are 1.54% for Danaher Corp. The simple moving average for the past 20 days is -2.35% for DHR’s stock, with a 7.96% simple moving average for the past 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 “Equal Weight.” The predicted price for DHR in the upcoming period, according to Barclays is $240 based on the research report published on January 24, 2024 of the current year 2024.
DHR Trading at -1.76% 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 -5.69% of loss for the given period.
Volatility was left at 1.54%, however, over the last 30 days, the volatility rate increased by 1.63%, as shares sank -3.72% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.41% upper at present.
During the last 5 trading sessions, DHR fell by -1.43%, which changed the moving average for the period of 200-days by +15.90% in comparison to the 20-day moving average, which settled at $249.65. In addition, Danaher Corp. saw 5.58% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at DHR starting from Raskas Daniel, who sale 23,757 shares at the price of $252.00 back on Feb 26 ’24. After this action, Raskas Daniel now owns 38,102 shares of Danaher Corp., valued at $5,986,764 using the latest closing price.
LOHR WALTER G, the Director of Danaher Corp., sale 3,289 shares at $251.15 during a trade that took place back on Feb 15 ’24, which means that LOHR WALTER G is holding 14,129 shares at $826,032 based on the most recent closing price.
Stock Fundamentals for DHR
Current profitability levels for the company are sitting at:
- 0.2 for the present operating margin
- 0.59 for the gross margin
The net margin for Danaher Corp. stands at 0.2. The total capital return value is set at 0.06. Equity return is now at value 9.28, with 5.69 for asset returns.
Based on Danaher Corp. (DHR), the company’s capital structure generated 0.27 points at debt to capital in total, while cash flow to debt ratio is standing at 0.37. The debt to equity ratio resting at 0.37. The interest coverage ratio of the stock is 16.33.
Currently, EBITDA for the company is 7.75 billion with net debt to EBITDA at 1.91. When we switch over and look at the enterprise to sales, we see a ratio of 8.14. The receivables turnover for the company is 6.09for trailing twelve months and the total asset turnover is 0.28. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.68.
Conclusion
To sum up, Danaher Corp. (DHR) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
