A major move is in the offing as Becton Dickinson & Co. (BDX) market cap hits 68.64 billion

Becton Dickinson & Co. (NYSE: BDX) on Monday, plunged -0.32% from the previous trading day, before settling in for the closing price of $238.22. Within the past 52 weeks, BDX’s price has moved between $218.75 and $269.52.

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Healthcare Sector giant saw their annual sales surged by 4.86% over the last five years. The company achieved an average annual earnings per share of 7.39%. With a float of $288.63 million, this company’s outstanding shares have now reached $290.39 million.

The firm has a total of 73000 workers. Let’s measure their productivity. In terms of profitability, gross margin is 42.06%, operating margin of 11.79%, and the pretax margin is 8.44%.

Becton Dickinson & Co. (BDX) Insider Activity

Observing investor behavior towards Medical Instruments & Supplies industry stocks is more important than anything else. The insider ownership of Becton Dickinson & Co. is 0.14%, while institutional ownership is 89.88%. The most recent insider transaction that took place on Sep 16 ’24, was worth 94,312. Before that another transaction happened on Jun 10 ’24, when Company’s SVP,Controller&Chief Acct Off sold 300 for $239.31, making the entire transaction worth $71,793. This insider now owns 1,976 shares in total.

Becton Dickinson & Co. (BDX) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 7.39% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.00% 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

Becton Dickinson & Co. (BDX) is currently performing well based on its current performance indicators. A quick ratio of 1.36 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.46. Likewise, its price to free cash flow for the trailing twelve months is 21.31.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.86, a number that is poised to hit 3.77 in the next quarter and is forecasted to reach 14.33 in one year’s time.

Technical Analysis of Becton Dickinson & Co. (BDX)

Analysing the last 5-days average volume posted by the [Becton Dickinson & Co., BDX], we can find that recorded value of 1.08 million was lower than the volume posted last year of 1.42 million. As of the previous 9 days, the stock’s Stochastic %D was 44.32%. Additionally, its Average True Range was 3.95.

During the past 100 days, Becton Dickinson & Co.’s (BDX) raw stochastic average was set at 71.33%, which indicates a significant increase from 54.45% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 12.69% in the past 14 days, which was lower than the 17.69% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $236.56, while its 200-day Moving Average is $236.69. Now, the first resistance to watch is $239.14. This is followed by the second major resistance level at $240.82. The third major resistance level sits at $242.32. If the price goes on to break the first support level at $235.96, it is likely to go to the next support level at $234.45. Should the price break the second support level, the third support level stands at $232.77.

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

Market capitalization of the company is 68.64 billion based on 289,006K outstanding shares. Right now, sales total 19,372 M and income totals 1,484 M. The company made 4,990 M in profit during its latest quarter, and 487,000 K in sales during its previous quarter.