On Friday, Danaher Corp (NYSE: DHR) opened higher 0.34% from the last session, before settling in for the closing price of $235.05. Price fluctuations for DHR have ranged from $215.68 to $281.70 over the past 52 weeks.
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A company in the Healthcare sector has jumped its sales by 8.35% annually for the last half of the decade. Company’s average yearly earnings per share was noted -1.19% at the time writing. With a float of $692.90 million, this company’s outstanding shares have now reached $739.20 million.
In an organization with 63000 employees, it is important to assess its efficiency. 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 and Institutional Ownership
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 4.07%, while institutional ownership is 80.58%. 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) Latest Financial update
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 2.09 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 1.91) by 0.18. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.02 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -1.19% 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
Check out the current performance indicators for Danaher Corp (DHR). In the past quarter, the stock posted a quick ratio of 1.01. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.20. Likewise, its price to free cash flow for the trailing twelve months is 34.11.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.24, a number that is poised to hit 2.14 in the next quarter and is forecasted to reach 8.39 in one year’s time.
Technical Analysis of Danaher Corp (DHR)
Let’s dig in a bit further. During the last 5-days, its volume was 2.81 million. That was better than the volume of 2.76 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 36.79%. Additionally, its Average True Range was 4.92.
During the past 100 days, Danaher Corp’s (DHR) raw stochastic average was set at 14.20%, which indicates a significant decrease from 30.74% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.72% in the past 14 days, which was lower than the 22.15% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $258.15, while its 200-day Moving Average is $256.48. However, in the short run, Danaher Corp’s stock first resistance to watch stands at $237.02. Second resistance stands at $238.19. The third major resistance level sits at $239.46. If the price goes on to break the first support level at $234.58, it is likely to go to the next support level at $233.31. The third support level lies at $232.14 if the price breaches the second support level.
Danaher Corp (NYSE: DHR) Key Stats
There are currently 722,275K shares outstanding in the company with a market cap of 170.91 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 5,798 M and its income totaled 818,000 K.