Currently, there are 719.10M common shares owned by the public and among those 691.25M shares have been available to trade.
The company’s stock has a 5-day price change of -6.23% and -18.07% over the past three months. DHR shares are trading -12.17% year to date (YTD), with the 12-month market performance down to -18.00% lower. It has a 12-month low price of $203.00 and touched a high of $281.70 over the same period. DHR has an average intraday trading volume of 3.61 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -11.70%, -12.98%, and -20.03% respectively.
Institutional ownership of Danaher Corp (NYSE: DHR) shares accounts for 80.79% of the company’s 719.10M shares outstanding.
It has a market capitalization of $145.63B and a beta (3y monthly) value of 0.82. The stock’s trailing 12-month PE ratio is 38.14, while the earnings-per-share (ttm) stands at $5.29. The company has a PEG of 4.47 and a Quick Ratio of 1.05 with the debt-to-equity ratio at 0.32. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.23% over the week and 2.71% over the month.
Earnings per share for the fiscal year are expected to increase by 2.28%, and 12.29% over the next financial year. EPS should shrink at an annualized rate of 8.54% over the next five years, compared to 9.03% over the past 5-year period.
Guggenheim was of a view on December 19, 2024 that the stock is Buy, while BofA Securities gave the stock Buy rating on December 13, 2024, issuing a price target of $290. Wolfe Research on their part issued Outperform rating on October 31, 2024.
