Danaher Corp. (DHR) concluded trading on Wednesday at a closing price of $239.39, with 2.95 million shares of worth about $705.33 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 13.75% during that period and on April 17, 2024 the price saw a loss of about -0.40%. Currently the company’s common shares owned by public are about 739.20M shares, out of which, 675.16M shares are available for trading.
However, the stock later moved at a day high price of 243.18, or with a loss of -0.40%. Stock saw a price change of -2.64% in past 5 days and over the past one month there was a price change of -4.80%. Year-to-date (YTD), DHR shares are showing a performance of 3.48% which increased to 5.60% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $182.09 but also hit the highest price of $259.00 during that period. The average intraday trading volume for Danaher Corp. shares is 2.65 million. The stock is currently trading -3.03% below its 20-day simple moving average (SMA20), while that difference is down -3.97% for SMA50 and it goes to 5.27% higher than SMA200.
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Danaher Corp. (NYSE: DHR) currently have 739.20M outstanding shares and institutions hold larger chunk of about 81.75% of that.
The stock has a current market capitalization of $177.28B and its 3Y-monthly beta is at 0.84. PE ratio of stock for trailing 12 months is 37.50, while it has posted earnings per share of $6.38 in the same period. Its PEG reads 5.50 and has Quick Ratio of 1.37 while making debt-to-equity ratio of 0.37. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for DHR, volatility over the week remained 1.57% while standing at 1.58% over the month.
Stock’s fiscal year EPS is expected to rise by 0.75% while it is estimated to increase by 13.81% in next year. EPS is likely to shrink at an annualized rate of 6.82% for next 5-years, compared to annual growth of 11.31% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by HSBC Securities on Apr-18-24 offering a Buy rating for the stock and assigned a target price of $280 to it. Coverage by Barclays stated Danaher Corp. (DHR) stock as an Equal weight in their note to investors on January 24, 2024, suggesting a price target of $240 for the stock. Stock get a Neutral rating from Goldman on December 07, 2023.
