Danaher Corp. [DHR] stock prices are down -0.24% to $273.91 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The DHR shares have gain 2.25% over the last week, with a monthly amount glided 3.66%, 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 October 01, 2024, when Stephens initiated its Overweight rating and assigned the stock a price target of $315. Previously, Wells Fargo started tracking the stock with Equal Weight rating on August 28, 2024, and set its price target to $280. HSBC Securities upgraded its rating to a Buy but stick to its price target of $280 on April 17, 2024. Barclays downgraded its rating to a Equal Weight but $240 remained the price target by the analyst firm on January 24, 2024.
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 $313.67 within the next 12 months. Danaher Corp. [NYSE: DHR] shares were valued at $273.91 at the most recent close of the market. An investor can expect a potential return of 14.52% 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.36.
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 271.43 points at the first support level, and at 268.94 for the second support level. However, for the 1st resistance point, the stock is sitting at 276.00, and for the 2nd resistance point, it is at 278.08.
Ratios To Look Out For
It’s worth pointing out that Danaher Corp. [NYSE:DHR]’s Current Ratio is 1.43. As well, the Quick Ratio is 1.04, while the Cash Ratio is 0.35. Considering the valuation of this stock, the price to sales ratio is 7.97, the price to book ratio is 3.97 and price to earnings (TTM) ratio is 48.61.
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.
