-6.13% percent quarterly performance for Becton Dickinson & Co (BDX) is not indicative of the underlying story

Becton Dickinson & Co (NYSE: BDX) kicked off on Tuesday, down -0.55% from the previous trading day, before settling in for the closing price of $225.48. Over the past 52 weeks, BDX has traded in a range of $218.75-$249.89.

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 4.72% over the last five years. While this was happening, its average annual earnings per share was recorded 9.73%. With a float of $288.61 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 45.36%, operating margin of 13.08%, and the pretax margin is 10.08%.

Becton Dickinson & Co (BDX) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Medical Instruments & Supplies Industry. The insider ownership of Becton Dickinson & Co is 0.15%, while institutional ownership is 90.62%. 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 the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 2.68 earnings per share (EPS), higher than consensus estimate (set at 2.4) by 0.28. Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.46 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 9.73% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.63% during the next five years compared to 8.53% growth over the previous five years of trading.

Becton Dickinson & Co (NYSE: BDX) Trading Performance Indicators

Take a look at Becton Dickinson & Co’s (BDX) current performance indicators. Last quarter, stock had a quick ratio of 0.74. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.21. Likewise, its price to free cash flow for the trailing twelve months is 21.09.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.94, a number that is poised to hit 2.98 in the next quarter and is forecasted to reach 15.73 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 1.76 million was better than the volume posted last year of 1.42 million. As of the previous 9 days, the stock’s Stochastic %D was 34.38%. Additionally, its Average True Range was 4.22.

During the past 100 days, Becton Dickinson & Co’s (BDX) raw stochastic average was set at 20.97%, which indicates a significant increase from 16.52% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.52% in the past 14 days, which was higher than the 18.91% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $234.84, while its 200-day Moving Average is $235.69. Now, the first resistance to watch is $225.65. This is followed by the second major resistance level at $227.06. The third major resistance level sits at $228.53. If the price goes on to break the first support level at $222.77, it is likely to go to the next support level at $221.30. Should the price break the second support level, the third support level stands at $219.89.

Becton Dickinson & Co (NYSE: BDX) Key Stats

The company with the Market Capitalisation of 64.82 billion has total of 289,042K Shares Outstanding. Its annual sales at the moment are 20,178 M in contrast with the sum of 1,726 M annual income. Company’s last quarter sales were recorded 5,437 M and last quarter income was 421,000 K.