Danaher Corp [DHR] stock prices are up 1.17% to $250.07 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 3.04% over the last week, with a monthly amount drifted -6.96%, and not 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 31, 2024, when Wolfe Research upgraded its rating to a Outperform but kept the price target unchanged to $285 for it. Previously, Stephens started tracking the stock with Overweight rating on October 01, 2024, and set its price target to $315. On August 28, 2024, Wells Fargo initiated with a Equal Weight rating and assigned a price target of $280 on the stock. HSBC Securities upgraded its rating to a Buy but $280 remained the price target by the analyst firm on April 17, 2024. Barclays downgraded its rating to Equal Weight for this stock on January 24, 2024, but kept the price target unchanged to $240. In a note dated December 18, 2023, HSBC Securities initiated an Hold rating.
The stock price of Danaher Corp [DHR] has been fluctuating between $192.35 and $281.70 over the past year. Currently, Wall Street analysts expect the stock to reach $305.47 within the next 12 months. Danaher Corp [NYSE: DHR] shares were valued at $250.07 at the most recent close of the market. An investor can expect a potential return of 22.15% based on the average DHR price forecast.
Analyzing the DHR fundamentals
The Danaher Corp [NYSE:DHR] reported sales of 23.74B for trailing twelve months, representing a drop of -15.64%. Gross Profit Margin for this corporation currently stands at 0.6% with Operating Profit Margin at 0.2%, Pretax Profit Margin comes in at 0.19%, and Net Profit Margin reading is 0.19%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.07 and Total Capital is 0.05. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.34.
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 246.65 points at the first support level, and at 243.24 for the second support level. However, for the 1st resistance point, the stock is sitting at 252.15, and for the 2nd resistance point, it is at 254.24.
Ratios To Look Out For
It’s worth pointing out that Danaher Corp [NYSE:DHR]’s Current Ratio is 1.37. As well, the Quick Ratio is 1.01, while the Cash Ratio is 0.36. Considering the valuation of this stock, the price to sales ratio is 7.61, the price to book ratio is 3.52 and price to earnings (TTM) ratio is 47.70.
Transactions by insiders
Recent insider trading involved Glenstone Foundation, that happened on Nov 05 ’24 when 100000.0 shares were purchased. Former Director, Weidemanis Joakim completed a deal on Oct 23 ’24 to buy 17659.0 shares. Meanwhile, SVP, Human Resources Couchara Georgeann sold 952.0 shares on Aug 26 ’24.
