Danaher Corp (DHR) concluded trading on Thursday at a closing price of $234.50, with 4.0 million shares of worth about $936.88 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -8.04% during that period and on December 12, 2024 the price saw a loss of about -0.38%. Currently the company’s common shares owned by public are about 722.20M shares, out of which, 692.96M shares are available for trading.
Stock saw a price change of 2.91% in past 5 days and over the past one month there was a price change of -2.13%. Year-to-date (YTD), DHR shares are showing a performance of 1.37% which increased to 6.71% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $218.48 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 -0.30% below its 20-day simple moving average (SMA20), while that difference is down -5.54% for SMA50 and it goes to -8.26% lower than SMA200.
Danaher Corp (NYSE: DHR) currently have 722.20M outstanding shares and institutions hold larger chunk of about 80.59% of that.
The stock has a current market capitalization of $169.37B and its 3Y-monthly beta is at 0.83. PE ratio of stock for trailing 12 months is 44.73, while it has posted earnings per share of $5.24 in the same period. Its PEG reads 6.21 and has Quick Ratio of 1.01 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 1.70% while standing at 1.85% over the month.
Stock’s fiscal year EPS is expected to drop by -1.20% while it is estimated to increase by 11.64% in next year. EPS is likely to shrink at an annualized rate of 7.20% 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 Wolfe Research on October 31, 2024 offering an Outperform rating for the stock and assigned a target price of $285 to it. Coverage by Stephens stated Danaher Corp (DHR) stock as an Overweight in their note to investors on October 01, 2024, suggesting a price target of $315 for the stock. On August 28, 2024, Wells Fargo Initiated their recommendations, while on June 03, 2024, Jefferies Resumed their ratings for the stock with a price target of $295. Stock get a Buy rating from HSBC Securities on April 17, 2024.
