At the time of writing, Becton Dickinson & Co [BDX] stock is trading at $227.56, up 0.89%. 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 2.04% over the last week, with a monthly amount glided 0.17%, and 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 October 01, 2024, when Citigroup upgraded its rating to a Buy and also boosted its price target to $275 from $255. Previously, Goldman started tracking the stock with Buy rating on May 30, 2024, and set its price target to $274. On July 24, 2023, upgrade upgraded it’s rating to Outperform but maintained its price target of $305 on the stock. Piper Sandler upgraded its rating to a Overweight and raised its price target to $290 on May 05, 2023. KeyBanc Capital Markets upgraded its rating to Overweight for this stock on April 12, 2023, but kept the price target unchanged to $304. In a note dated January 03, 2023, BofA Securities upgraded an Buy rating on this stock and boosted its target price from $250 to $290.
For the past year, the stock price of Becton Dickinson & Co fluctuated between $218.75 and $249.89. Currently, Wall Street analysts expect the stock to reach $278.75 within the next 12 months. Becton Dickinson & Co [NYSE: BDX] shares were valued at $227.56 at the most recent close of the market. An investor can expect a potential return of 22.5% based on the average BDX price forecast.
Analyzing the BDX fundamentals
According to Becton Dickinson & Co [NYSE:BDX], the company’s sales were 20.18B for trailing twelve months, which represents an 6.88% jump. Gross Profit Margin for this corporation currently stands at 0.45% with Operating Profit Margin at 0.13%, Pretax Profit Margin comes in at 0.1%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.05 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 0.35.
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 223.66 points at the first support level, and at 219.77 for the second support level. However, for the 1st resistance point, the stock is sitting at 231.60, and for the 2nd resistance point, it is at 235.64.
Ratios To Look Out For
It is important to note that Becton Dickinson & Co [NYSE:BDX] has a current ratio of 1.17. As well, the Quick Ratio is 0.74, while the Cash Ratio is 0.19. Considering the valuation of this stock, the price to sales ratio is 3.24, the price to book ratio is 2.54 and price to earnings (TTM) ratio is 38.31.
Transactions by insiders
Recent insider trading involved Goette Roland, EVP and President, EMEA, that happened on Dec 06 ’24 when 4483.0 shares were sold. EVP and President, EMEA, Goette Roland completed a deal on Dec 09 ’24 to sell 638.0 shares. Meanwhile, EVP and Chief People Officer Neal Shana Carol sold 1000.0 shares on Dec 06 ’24.
