At the time of writing, Becton Dickinson & Co. [BDX] stock is trading at $234.33, up 1.40%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The BDX shares have gain 1.57% over the last week, with a monthly amount drifted -1.66%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Becton Dickinson & Co. [NYSE: BDX] stock has seen the most recent analyst activity on May 30, 2024, when Goldman initiated its Buy rating and assigned the stock a price target of $274. Previously, Raymond James upgraded its rating to Outperform on July 24, 2023, and kept the price target unchanged to $305. Piper Sandler upgraded its rating to a Overweight and increased its price target to $290 on May 05, 2023. KeyBanc Capital Markets upgraded its rating to a Overweight but $304 remained the price target by the analyst firm on April 12, 2023. BofA Securities upgraded its rating to Buy for this stock on January 03, 2023, and upped its price target to $290. In a note dated December 12, 2022, Citigroup upgraded an Neutral rating on this stock and boosted its target price from $221 to $250.
For the past year, the stock price of Becton Dickinson & Co. fluctuated between $218.75 and $287.32. Currently, Wall Street analysts expect the stock to reach $283.1 within the next 12 months. Becton Dickinson & Co. [NYSE: BDX] shares were valued at $234.33 at the most recent close of the market. An investor can expect a potential return of 20.81% based on the average BDX price forecast.
Analyzing the BDX fundamentals
According to Becton Dickinson & Co. [NYSE:BDX], the company’s sales were 19.72B for trailing twelve months, which represents an 4.65% jump. Gross Profit Margin for this corporation currently stands at 0.41% with Operating Profit Margin at 0.11%, Pretax Profit Margin comes in at 0.08%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.05 and Total Capital is 0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.7.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 231.65 points at the first support level, and at 228.97 for the second support level. However, for the 1st resistance point, the stock is sitting at 235.73, and for the 2nd resistance point, it is at 237.13.
Ratios To Look Out For
It is important to note that Becton Dickinson & Co. [NYSE:BDX] has a current ratio of 1.41. As well, the Quick Ratio is 0.97, while the Cash Ratio is 0.33. Considering the valuation of this stock, the price to sales ratio is 3.43, the price to book ratio is 2.64 and price to earnings (TTM) ratio is 51.57.
Transactions by insiders
Recent insider trading involved Spoerel Thomas J, SVP,Controller&Chief Acct Off, that happened on Jun 10 ’24 when 300.0 shares were sold. EVP and President EMEA, Goette Roland completed a deal on May 15 ’24 to sell 3300.0 shares. Meanwhile, EVP and President EMEA Goette Roland sold 3300.0 shares on May 13 ’24.
