Danaher Corp. (DHR) is expected to grow earnings and revenues in the years ahead

Danaher Corp. [DHR] stock prices are up 3.38% to $276.93 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The DHR shares have gain 0.18% over the last week, with a monthly amount glided 3.02%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Danaher Corp. [NYSE: DHR] stock has seen the most recent analyst activity on August 28, 2024, when Wells Fargo initiated its Equal Weight rating and assigned the stock a price target of $280. On April 17, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $280 on the stock. Barclays downgraded its rating to a Equal Weight but stick to its price target of $240 on January 24, 2024. HSBC Securities initiated its recommendation with a Hold. In a note dated December 07, 2023, Goldman downgraded an Neutral rating on this stock and revised its target price from $215 to $205.

The stock price of Danaher Corp. [DHR] has been fluctuating between $182.09 and $281.70 over the past year. Currently, Wall Street analysts expect the stock to reach $313.59 within the next 12 months. Danaher Corp. [NYSE: DHR] shares were valued at $276.93 at the most recent close of the market. An investor can expect a potential return of 13.24% based on the average DHR price forecast.

Analyzing the DHR fundamentals

The Danaher Corp. [NYSE:DHR] reported sales of 24.82B for trailing twelve months, representing a drop of -19.76%. Gross Profit Margin for this corporation currently stands at 0.59% with Operating Profit Margin at 0.21%, Pretax Profit Margin comes in at 0.2%, and Net Profit Margin reading is 0.2%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.08 and Total Capital is 0.06. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.36.

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 271.93 points at the first support level, and at 266.92 for the second support level. However, for the 1st resistance point, the stock is sitting at 280.92, and for the 2nd resistance point, it is at 284.90.

Ratios To Look Out For

It’s worth pointing out that Danaher Corp. [NYSE:DHR]’s Current Ratio is 1.43. In addition, the Quick Ratio stands at 1.04 and the Cash Ratio stands at 0.35. Considering the valuation of this stock, the price to sales ratio is 8.06, the price to book ratio is 4.02 and price to earnings (TTM) ratio is 49.15.

Transactions by insiders

Recent insider trading involved Couchara Georgeann, SVP, Human Resources, that happened on Aug 26 ’24 when 952.0 shares were sold. Officer, Couchara Georgeann completed a deal on Aug 26 ’24 to buy 952.0 shares. Meanwhile, Glenstone Foundation bought 47937.0 shares on Aug 13 ’24.

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