Danaher Corp. (NYSE: DHR) is 2.05% higher on its value in year-to-date trading and has touched a low of $182.09 and a high of $259.00 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The DHR stock was last observed hovering at around $235.51 in the last trading session, with the day’s gains setting it 0.57%.
Currently trading at $236.08, the stock is -3.42% and -5.08% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.82 million and changing 0.24% at the moment leaves the stock 3.63% off its SMA200. DHR registered 7.25% gain for a year compared to 6-month gain of 13.88%.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a -7.10% loss in the last 1 month and extending the period to 3 months gives it a 1.77%, and is -1.49% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.83% over the week and 1.69% over the month.
Danaher Corp. (DHR) has around 63000 employees, a market worth around $174.83B and $27.60B in sales. Current P/E ratio is 36.98 and Fwd P/E is 27.17. Profit margin for the company is 17.18%. Distance from 52-week low is 29.65% and -8.85% from its 52-week high. The company has generated returns on investments over the last 12 months (6.67%).
The EPS is expected to grow by 0.73% this year.
Danaher Corp. (DHR) Top Institutional Holders
The shares outstanding are 739.20M, and float is at 675.23M with Short Float at 0.94%.
Danaher Corp. (DHR) Insider Activity
The most recent transaction is an insider sale by Raskas Daniel,the company’sSVP – Corporate Development. SEC filings show that Raskas Daniel sold 23,757 shares of the company’s common stock on Feb 26 ’24 at a price of $252.00 per share for a total of $5.99 million. Following the sale, the insider now owns 38102.0 shares.
Danaher Corp. disclosed in a document filed with the SEC on Feb 15 ’24 that LOHR WALTER G (Director) sold a total of 3,289 shares of the company’s common stock. The trade occurred on Feb 15 ’24 and was made at $251.15 per share for $0.83 million. Following the transaction, the insider now directly holds 14129.0 shares of the DHR stock.
Still, SEC filings show that on Feb 13 ’24, Couchara Georgeann (SVP, Human Resources) disposed off 2,622 shares at an average price of $242.67 for $0.64 million. The insider now directly holds 4,244 shares of Danaher Corp. (DHR).
