A new trading day began on Friday, with Danaher Corp (NYSE: DHR) stock price down -0.29% from the previous day of trading, before settling in for the closing price of $246.10. DHR’s price has ranged from $192.35 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
Healthcare Sector giant saw their annual sales surged by 8.35% over the last five years. Meanwhile, its annual earnings per share averaged -1.07%. With a float of $656.57 million, this company’s outstanding shares have now reached $739.20 million.
The firm has a total of 63000 workers. Let’s measure their productivity. In terms of profitability, gross margin is 59.61%, operating margin of 19.87%, and the pretax margin is 18.91%.
Danaher Corp (DHR) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Diagnostics & Research Industry. The insider ownership of Danaher Corp is 8.97%, while institutional ownership is 80.88%. The most recent insider transaction that took place on Nov 05 ’24, was worth 24,776,000. Before that another transaction happened on Oct 23 ’24, when Company’s Former Director proposed sale 17,659 for $254.95, making the entire transaction worth $4,502,216.
Danaher Corp (DHR) Earnings and Forecasts
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 2.09 per share, which was $0.1 higher 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 2.03 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -1.07% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.20% during the next five years compared to 11.31% growth over the previous five years of trading.
Danaher Corp (NYSE: DHR) Trading Performance Indicators
Here are Danaher Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.01. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.44. Likewise, its price to free cash flow for the trailing twelve months is 35.28.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.24, a number that is poised to hit 2.15 in the next quarter and is forecasted to reach 8.41 in one year’s time.
Technical Analysis of Danaher Corp (DHR)
Analysing the last 5-days average volume posted by the [Danaher Corp, DHR], we can find that recorded value of 2.39 million was lower than the volume posted last year of 2.74 million. As of the previous 9 days, the stock’s Stochastic %D was 44.87%. Additionally, its Average True Range was 5.46.
During the past 100 days, Danaher Corp’s (DHR) raw stochastic average was set at 17.01%, which indicates a significant increase from 15.25% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.85% in the past 14 days, which was higher than the 22.62% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $264.87, while its 200-day Moving Average is $256.83. Now, the first resistance to watch is $246.97. This is followed by the second major resistance level at $248.56. The third major resistance level sits at $249.98. If the price goes on to break the first support level at $243.96, it is likely to go to the next support level at $242.54. Should the price break the second support level, the third support level stands at $240.95.
Danaher Corp (NYSE: DHR) Key Stats
With a market capitalization of 176.73 billion, the company has a total of 722,275K Shares Outstanding. Currently, annual sales are 23,890 M while annual income is 4,764 M. The company’s previous quarter sales were 5,798 M while its latest quarter income was 818,000 K.
