Danaher Corp (DHR) concluded trading on Wednesday at a closing price of $228.30, with 4.55 million shares of worth about $1.04 billion changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -8.15% during that period and on December 18, 2024 the price saw a loss of about -2.24%. Currently the company’s common shares owned by public are about 722.20M shares, out of which, 692.94M shares are available for trading.
Stock saw a price change of -3.02% in past 5 days and over the past one month there was a price change of -0.77%. Year-to-date (YTD), DHR shares are showing a performance of -1.31% which increased to 0.82% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $222.53 but also hit the highest price of $281.70 during that period. The average intraday trading volume for Danaher Corp shares is 2.84 million. The stock is currently trading -2.94% below its 20-day simple moving average (SMA20), while that difference is down -6.94% for SMA50 and it goes to -10.53% lower than SMA200.
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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 $164.90B and its 3Y-monthly beta is at 0.83. PE ratio of stock for trailing 12 months is 43.55, while it has posted earnings per share of $5.24 in the same period. Its PEG reads 6.05 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 1.78% while standing at 1.85% over the month.
Stock’s fiscal year EPS is expected to drop by -1.17% while it is estimated to increase by 11.38% 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 BofA Securities on December 13, 2024 offering a Buy rating for the stock and assigned a target price of $290 to it. Coverage by Wolfe Research stated Danaher Corp (DHR) stock as an Outperform in their note to investors on October 31, 2024, suggesting a price target of $285 for the stock. On October 01, 2024, Stephens Initiated their recommendations, while on August 28, 2024, Wells Fargo Initiated their ratings for the stock with a price target of $280. Stock get a Buy rating from Jefferies on June 03, 2024.
