The price-to-earnings ratio for Danaher Corp. (NYSE: DHR) is above average at 48.29x. The 36-month beta value for DHR is also noteworthy at 0.84. There are mixed opinions on the stock, with 6 analysts rating it as a “buy,” 7 rating it as “overweight,” 4 rating it as “hold,” and 0 rating it as “sell.”
The public float for DHR is 657.45M, and at present, short sellers hold a 0.86% of that float. The average trading volume of DHR on October 22, 2024 was 2.40M shares.
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DHR) stock’s latest price update
The stock of Danaher Corp. (NYSE: DHR) has decreased by -0.83 when compared to last closing price of 274.38.Despite this, the company has seen a gain of 0.20% in its stock price over the last five trading days. zacks.com reported 2024-10-17 that Looking beyond Wall Street’s top -and-bottom-line estimate forecasts for Danaher (DHR), delve into some of its key metrics to gain a deeper insight into the company’s potential performance for the quarter ended September 2024.
DHR’s Market Performance
Danaher Corp. (DHR) has experienced a 0.20% rise in stock performance for the past week, with a -0.20% drop in the past month, and a 2.99% rise in the past quarter. The volatility ratio for the week is 1.91%, and the volatility levels for the past 30 days are at 1.79% for DHR. The simple moving average for the past 20 days is 0.11% for DHR’s stock, with a 6.48% simple moving average for the past 200 days.
Analysts’ Opinion of DHR
Many brokerage firms have already submitted their reports for DHR stocks, with Stephens repeating the rating for DHR by listing it as a “Overweight.” The predicted price for DHR in the upcoming period, according to Stephens is $315 based on the research report published on October 01, 2024 of the current year 2024.
Wells Fargo, on the other hand, stated in their research note that they expect to see DHR reach a price target of $280. The rating they have provided for DHR stocks is “Equal Weight” according to the report published on August 28th, 2024.
Jefferies gave a rating of “Buy” to DHR, setting the target price at $295 in the report published on June 03rd of the current year.
DHR Trading at 0.49% 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 -3.41% of loss for the given period.
Volatility was left at 1.79%, however, over the last 30 days, the volatility rate increased by 1.91%, as shares sank -0.39% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.48% upper at present.
During the last 5 trading sessions, DHR rose by +0.20%, which changed the moving average for the period of 200-days by +16.97% in comparison to the 20-day moving average, which settled at $271.79. In addition, Danaher Corp. saw 17.61% 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 Couchara Georgeann, who sale 952 shares at the price of $268.37 back on Aug 26 ’24. After this action, Couchara Georgeann now owns 4,212 shares of Danaher Corp., valued at $255,483 using the latest closing price.
Couchara Georgeann, the Officer of Danaher Corp., proposed sale 952 shares at $268.37 during a trade that took place back on Aug 26 ’24, which means that Couchara Georgeann is holding shares at $255,483 based on the most recent closing price.
Stock Fundamentals for DHR
Current profitability levels for the company are sitting at:
- 0.21 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 8.36, with 5.19 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 0.35. The debt to equity ratio resting at 0.36. The interest coverage ratio of the stock is 15.87.
Currently, EBITDA for the company is 7.75 billion with net debt to EBITDA at 2.28. When we switch over and look at the enterprise to sales, we see a ratio of 10.06. The receivables turnover for the company is 6.4for trailing twelve months and the total asset turnover is 0.27. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.43.
Conclusion
In summary, Danaher Corp. (DHR) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing 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.
