-15.73% percent quarterly performance for Danaher Corp (DHR) is not indicative of the underlying story

On Friday, Danaher Corp (NYSE: DHR) opened higher 0.99% from the last session, before settling in for the closing price of $227.87. Price fluctuations for DHR have ranged from $215.68 to $281.70 over the past 52 weeks.

Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 8.35%. Company’s average yearly earnings per share was noted -1.19% at the time writing. With a float of $692.93 million, this company’s outstanding shares have now reached $722.20 million.

Considering the fact that the conglomerate employs 63000 people, you should pay attention to its efficiency factor. 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

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 4.06%, while institutional ownership is 80.60%. The most recent insider transaction that took place on Nov 26 ’24, was worth 6,226,497. In this transaction SVP – Corporate Development of this company sold 26,318 shares at a rate of $236.59, taking the stock ownership to the 15,225 shares. Before that another transaction happened on Nov 25 ’24, when Company’s SVP – Corporate Development sold 8,370 for $238.00, making the entire transaction worth $1,992,060. This insider now owns 15,225 shares in total.

Danaher Corp (DHR) Earnings and Forecasts

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 7.07. Likewise, its price to free cash flow for the trailing twelve months is 33.50.

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)

Compared to the last year’s volume of 2.78 million, its volume of 3.63 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 25.63%. Additionally, its Average True Range was 4.87.

During the past 100 days, Danaher Corp’s (DHR) raw stochastic average was set at 5.36%, which indicates a significant decrease from 20.18% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.90% in the past 14 days, which was lower than the 22.66% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $251.50, while its 200-day Moving Average is $255.98. Nevertheless, the first resistance level for the watch stands at $231.42 in the near term. At $232.72, the stock is likely to face the second major resistance level. The third major resistance level sits at $234.42. If the price goes on to break the first support level at $228.41, it is likely to go to the next support level at $226.71. Should the price break the second support level, the third support level stands at $225.41.

Danaher Corp (NYSE: DHR) Key Stats

There are currently 722,275K shares outstanding in the company with a market cap of 167.85 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.