This is why Becton Dickinson & Co (BDX) Stock is one of the options for the Longer run

Becton Dickinson & Co [BDX] stock is trading at $225.34, up 0.54%. 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 BDX shares have gain 0.53% over the last week, with a monthly amount drifted -7.05%, and not seem to be holding up well over a long-time horizon.

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.

Becton Dickinson & Co [BDX] stock has fluctuated between $218.75 and $251.99 over the past year. Currently, Wall Street analysts expect the stock to reach $282.5 within the next 12 months. Becton Dickinson & Co [NYSE: BDX] shares were valued at $225.34 at the most recent close of the market. An investor can expect a potential return of 25.37% based on the average BDX price forecast.

Analyzing the BDX fundamentals

Becton Dickinson & Co [NYSE:BDX] reported sales of 20.64B for the trailing twelve months, which represents a growth of 9.82%. Gross Profit Margin for this corporation currently stands at 0.45% with Operating Profit Margin at 0.13%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.07 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 0.74.

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 223.22 points at the first support level, and at 221.11 for the second support level. However, for the 1st resistance point, the stock is sitting at 226.76, and for the 2nd resistance point, it is at 228.19.

Ratios To Look Out For

For context, Becton Dickinson & Co’s Current Ratio is 1.13. Further, the Quick Ratio stands at 0.63, while the Cash Ratio is 0.09. Considering the valuation of this stock, the price to sales ratio is 3.13, the price to book ratio is 2.57 and price to earnings (TTM) ratio is 37.44.

Transactions by insiders

Recent insider trading involved SCOTT BERTRAM L, Director, that happened on Feb 12 ’25 when 700.0 shares were sold. Director, BERTRAM SCOTT completed a deal on Feb 12 ’25 to buy 700.0 shares. Meanwhile, Director Henderson Jeffrey William bought 1500.0 shares on Feb 10 ’25.

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