At the time of writing, Danaher Corp [DHR] stock is trading at $238.09, down -0.42%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The DHR shares have gain 3.72% over the last week, with a monthly amount glided 3.46%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Guggenheim started tracking the stock with Buy rating on December 19, 2024, and set its price target to $275. On December 13, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $290 on the stock. Wolfe Research upgraded its rating to a Outperform but stick to its price target of $285 on October 31, 2024. Stephens initiated its recommendation with a Overweight and recommended $315 as its price target on October 01, 2024. Wells Fargo started tracking with a Equal Weight rating for this stock on August 28, 2024, and assigned it a price target of $280.
For the past year, the stock price of Danaher Corp fluctuated between $222.53 and $281.70. Currently, Wall Street analysts expect the stock to reach $289.5 within the next 12 months. Danaher Corp [NYSE: DHR] shares were valued at $238.09 at the most recent close of the market. An investor can expect a potential return of 21.59% based on the average DHR price forecast.
Analyzing the DHR fundamentals
According to Danaher Corp [NYSE:DHR], the company’s sales were 23.74B for trailing twelve months, which represents an -15.64% plunge. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.34.
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 235.93 points at the first support level, and at 233.77 for the second support level. However, for the 1st resistance point, the stock is sitting at 239.82, and for the 2nd resistance point, it is at 241.55.
Ratios To Look Out For
It is important to note that Danaher Corp [NYSE:DHR] has a current ratio of 1.37. Further, the Quick Ratio stands at 1.01, while the Cash Ratio is 0.36. Considering the valuation of this stock, the price to sales ratio is 7.24, the price to book ratio is 3.35 and price to earnings (TTM) ratio is 45.41.
Transactions by insiders
Recent insider trading involved Raskas Daniel, SVP – Corporate Development, that happened on Nov 26 ’24 when 26318.0 shares were sold. SVP – Corporate Development, Raskas Daniel completed a deal on Nov 25 ’24 to sell 8370.0 shares. Meanwhile, Officer Raskas Daniel bought 26318.0 shares on Nov 26 ’24.
