Becton Dickinson & Co. (BDX) is expecting -5.99% growth in the next quarter: What can investors do to maximize their returns?

On Tuesday, Becton Dickinson & Co. (NYSE: BDX) was -0.87% down from the session before settling in for the closing price of $228.79. A 52-week range for BDX has been $228.09 – $287.32.

During the last 5-year period, the sales growth of Healthcare Sector giant was 4.18%. When this article was written, the company’s average yearly earnings per share was at 6.83%. With a float of $288.60 million, this company’s outstanding shares have now reached $290.39 million.

Let’s determine the extent of company efficiency that accounts for 73000 employees.

Becton Dickinson & Co. (BDX) Insider Activity

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Becton Dickinson & Co. stocks. The insider ownership of Becton Dickinson & Co. is 0.14%, while institutional ownership is 87.62%. The most recent insider transaction that took place on May 15 ’24, was worth 781,224. In this transaction EVP and President EMEA of this company sold 3,300 shares at a rate of $236.73, taking the stock ownership to the 11,308 shares. Before that another transaction happened on May 13 ’24, when Company’s EVP and President EMEA sold 3,300 for $236.70, making the entire transaction worth $781,121. This insider now owns 14,608 shares in total.

Becton Dickinson & Co. (BDX) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 6.83% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 0.25% during the next five years compared to 52.43% growth over the previous five years of trading.

Becton Dickinson & Co. (NYSE: BDX) Trading Performance Indicators

You can see what Becton Dickinson & Co. (BDX) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.97. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.32. Likewise, its price to free cash flow for the trailing twelve months is 21.66.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.54, a number that is poised to hit 3.31 in the next quarter and is forecasted to reach 14.24 in one year’s time.

Technical Analysis of Becton Dickinson & Co. (BDX)

Looking closely at Becton Dickinson & Co. (NYSE: BDX), its last 5-days average volume was 1.41 million, which is a drop from its year-to-date volume of 1.41 million. As of the previous 9 days, the stock’s Stochastic %D was 7.44%. Additionally, its Average True Range was 3.66.

During the past 100 days, Becton Dickinson & Co.’s (BDX) raw stochastic average was set at 4.94%, which indicates a significant decrease from 8.99% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 12.39% in the past 14 days, which was lower than the 18.24% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $237.24, while its 200-day Moving Average is $246.51. However, in the short run, Becton Dickinson & Co.’s stock first resistance to watch stands at $228.27. Second resistance stands at $229.73. The third major resistance level sits at $231.07. If the price goes on to break the first support level at $225.47, it is likely to go to the next support level at $224.13. Should the price break the second support level, the third support level stands at $222.67.

Becton Dickinson & Co. (NYSE: BDX) Key Stats

There are 289,006K outstanding shares of the company, which has a market capitalization of 65.55 billion. As of now, sales total 19,372 M while income totals 1,484 M. Its latest quarter income was 5,045 M while its last quarter net income were 537,000 K.