Danaher Corp. (DHR) concluded trading on Thursday at a closing price of $276.43, with 3.03 million shares of worth about $837.38 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 9.83% during that period and on September 19, 2024 the price saw a gain of about 1.67%. Currently the company’s common shares owned by public are about 739.20M shares, out of which, 657.05M shares are available for trading.
Stock saw a price change of 1.45% in past 5 days and over the past one month there was a price change of 1.76%. Year-to-date (YTD), DHR shares are showing a performance of 19.49% which increased to 22.19% 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 $281.70 during that period. The average intraday trading volume for Danaher Corp. shares is 2.76 million. The stock is currently trading 2.49% above its 20-day simple moving average (SMA20), while that difference is up 3.94% for SMA50 and it goes to 10.43% higher than SMA200.
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Danaher Corp. (NYSE: DHR) currently have 739.20M outstanding shares and institutions hold larger chunk of about 82.06% of that.
The stock has a current market capitalization of $199.64B and its 3Y-monthly beta is at 0.84. PE ratio of stock for trailing 12 months is 49.06, while it has posted earnings per share of $5.63 in the same period. Its PEG reads 7.13 and has Quick Ratio of 1.04 while making debt-to-equity ratio of 0.36. 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 1.79% while standing at 1.72% over the month.
Stock’s fiscal year EPS is expected to drop by -0.14% while it is estimated to increase by 14.08% in next year. EPS is likely to shrink at an annualized rate of 6.88% 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 Wells Fargo on August 28, 2024 offering an Equal weight rating for the stock and assigned a target price of $280 to it. Coverage by Jefferies stated Danaher Corp. (DHR) stock as a Buy in their note to investors on June 03, 2024, suggesting a price target of $295 for the stock. On April 17, 2024, HSBC Securities Upgrade their recommendations, while on January 24, 2024, Barclays Downgrade their ratings for the stock with a price target of $240. Stock get a Hold rating from HSBC Securities on December 18, 2023.
