Set Your Sights On Becton Dickinson & Co (NYSE: BDX)’S Upside Potential

Becton Dickinson & Co (BDX) concluded trading on Thursday at a closing price of $227.17, with 3.37 million shares of worth about $765.29 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -2.07% during that period and on December 12, 2024 the price saw a gain of about 2.77%. Currently the company’s common shares owned by public are about 289.10M shares, out of which, 288.63M shares are available for trading.

Stock saw a price change of 2.22% in past 5 days and over the past one month there was a price change of -1.77%. Year-to-date (YTD), BDX shares are showing a performance of -6.83% which decreased to -4.01% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $218.75 but also hit the highest price of $249.89 during that period. The average intraday trading volume for Becton Dickinson & Co shares is 1.49 million. The stock is currently trading 1.76% above its 20-day simple moving average (SMA20), while that difference is down -1.90% for SMA50 and it goes to -3.18% lower than SMA200.

Becton Dickinson & Co (NYSE: BDX) currently have 289.10M outstanding shares and institutions hold larger chunk of about 90.58% of that.

The stock has a current market capitalization of $65.68B and its 3Y-monthly beta is at 0.41. PE ratio of stock for trailing 12 months is 38.24, while it has posted earnings per share of $5.94 in the same period. Its PEG reads 4.43 and has Quick Ratio of 0.74 while making debt-to-equity ratio of 0.81. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for BDX, volatility over the week remained 2.02% while standing at 1.65% over the month.

Stock’s fiscal year EPS is expected to rise by 9.74% while it is estimated to increase by 9.07% in next year. EPS is likely to grow at an annualized rate of 8.63% for next 5-years, compared to annual growth of 8.27% 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 Citigroup on October 01, 2024 offering a Buy rating for the stock and assigned a target price range of between $255 and $275 to it. Coverage by Goldman stated Becton Dickinson & Co (BDX) stock as a Buy in their note to investors on May 30, 2024, suggesting a price target of $274 for the stock. On July 24, 2023, Raymond James Upgrade their recommendations, while on May 30, 2023, Morgan Stanley Resumed their ratings for the stock with a price target of $295. Stock get an Overweight rating from Piper Sandler on May 05, 2023.

Most Popular

Related Posts