A new trading day began on Tuesday, with Becton Dickinson & Co. (NYSE: BDX) stock price up 0.75% from the previous day of trading, before settling in for the closing price of $240.02. BDX’s price has ranged from $218.75 to $262.23 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
Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 4.86%. Meanwhile, its annual earnings per share averaged 7.39%. With a float of $288.63 million, this company’s outstanding shares have now reached $290.39 million.
Considering the fact that the conglomerate employs 73000 people, you should pay attention to its efficiency factor. 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
As we move forward, let’s examine how large-scale investors are investing in this stock of the Medical Instruments & Supplies Industry. The insider ownership of Becton Dickinson & Co. is 0.14%, while institutional ownership is 89.94%. 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
In its latest quarterly report, released on 6/30/2024, the company reported earnings of 3.42 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.05 per share during the current fiscal year.
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
Here are Becton Dickinson & Co.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.36. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.53. Likewise, its price to free cash flow for the trailing twelve months is 21.70.
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)
Compared to the last year’s volume of 1.4 million, its volume of 0.87 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 53.55%. Additionally, its Average True Range was 3.86.
During the past 100 days, Becton Dickinson & Co.’s (BDX) raw stochastic average was set at 87.95%, which indicates a significant increase from 75.44% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 13.15% in the past 14 days, which was lower than the 17.84% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $236.46, while its 200-day Moving Average is $236.56. Nevertheless, the first resistance level for the watch stands at $244.24 in the near term. At $246.65, the stock is likely to face the second major resistance level. The third major resistance level sits at $248.81. If the price goes on to break the first support level at $239.67, it is likely to go to the next support level at $237.51. Should the price break the second support level, the third support level stands at $235.10.
Becton Dickinson & Co. (NYSE: BDX) Key Stats
With a market capitalization of 69.90 billion, the company has a total of 289,006K Shares Outstanding. Currently, annual sales are 19,372 M while annual income is 1,484 M. The company’s previous quarter sales were 4,990 M while its latest quarter income was 487,000 K.
