On Monday, Danaher Corp. (NYSE: DHR) opened higher 2.59% from the last session, before settling in for the closing price of $266.20. Price fluctuations for DHR have ranged from $182.09 to $281.70 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
During the last 5-year period, the sales growth of Healthcare Sector giant was 8.35%. Company’s average yearly earnings per share was noted -0.14% at the time writing. With a float of $657.05 million, this company’s outstanding shares have now reached $739.20 million.
Let’s determine the extent of company efficiency that accounts for 63000 employees. In terms of profitability, gross margin is 59.41%, operating margin of 21.13%, and the pretax margin is 19.94%.
Danaher Corp. (DHR) Insider Activity
A key investor’s attitude towards the stock of the Diagnostics & Research industry is another important factor to consider. The insider ownership of Danaher Corp. is 9.02%, while institutional ownership is 82.95%. The most recent insider transaction that took place on Aug 26 ’24, was worth 255,483. In this transaction SVP, Human Resources of this company sold 952 shares at a rate of $268.37, taking the stock ownership to the 4,212 shares. Before that another transaction happened on Aug 26 ’24, when Company’s Officer proposed sale 952 for $268.37, making the entire transaction worth $255,483.
Danaher Corp. (DHR) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -0.14% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.98% during the next five years compared to 11.31% growth over the previous five years of trading.
Danaher Corp. (NYSE: DHR) Trading Performance Indicators
Check out the current performance indicators for Danaher Corp. (DHR). In the past quarter, the stock posted a quick ratio of 1.04. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.95. Likewise, its price to free cash flow for the trailing twelve months is 38.66.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.63, a number that is poised to hit 1.56 in the next quarter and is forecasted to reach 8.64 in one year’s time.
Technical Analysis of Danaher Corp. (DHR)
Looking closely at Danaher Corp. (NYSE: DHR), its last 5-days average volume was 2.47 million, which is a drop from its year-to-date volume of 2.79 million. As of the previous 9 days, the stock’s Stochastic %D was 64.07%. Additionally, its Average True Range was 4.86.
During the past 100 days, Danaher Corp.’s (DHR) raw stochastic average was set at 83.10%, which indicates a significant decrease from 94.79% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 16.23% in the past 14 days, which was lower than the 24.38% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $261.56, while its 200-day Moving Average is $248.47. However, in the short run, Danaher Corp.’s stock first resistance to watch stands at $275.42. Second resistance stands at $277.75. The third major resistance level sits at $282.32. If the price goes on to break the first support level at $268.52, it is likely to go to the next support level at $263.95. Should the price break the second support level, the third support level stands at $261.62.
Danaher Corp. (NYSE: DHR) Key Stats
There are currently 740,687K shares outstanding in the company with a market cap of 197.23 billion. Presently, the company’s annual sales total 23,890 M according to its annual income of 4,764 M. Last quarter, the company’s sales amounted to 5,743 M and its income totaled 907,000 K.
