Danaher Corp. (NYSE: DHR) is 19.77% higher on its value in year-to-date trading and has touched a low of $182.09 and a high of $277.72 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 $275.19 in the last trading session, with the day’s gains setting it 1.89%.
Currently trading at $277.08, the stock is 9.85% and 8.15% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.83 million and changing 0.69% at the moment leaves the stock 16.01% off its SMA200. DHR registered 22.56% gain for a year compared to 6-month loss of 13.12%.
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The stock witnessed a 13.32% gain in the last 1 month and extending the period to 3 months gives it a 12.35%, and is 4.26% up 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 2.60% over the week and 2.19% over the month.
Danaher Corp. (DHR) has around 63000 employees, a market worth around $200.11B and $24.82B in sales. Current P/E ratio is 49.17 and Fwd P/E is 32.01. Profit margin for the company is 16.94%. Distance from 52-week low is 52.17% and -0.23% from its 52-week high. The company has generated returns on investments over the last 12 months (6.35%).
The EPS is expected to shrink by -0.12% this year
The shares outstanding are 739.20M, and float is at 658.68M with Short Float at 0.99%.
Danaher Corp. (DHR) Insider Activity
Danaher Corp. disclosed in a document filed with the SEC on Jul 25 ’24 that Raskas Daniel (SVP – Corporate Development) sold a total of 14,507 shares of the company’s common stock. The trade occurred on Jul 25 ’24 and was made at $270.51 per share for $3.92 million. Following the transaction, the insider now directly holds 23595.0 shares of the DHR stock.
Still, SEC filings show that on Jul 25 ’24, Ellis Brian W (Senior Vice President – GC) disposed off 9,600 shares at an average price of $275.16 for $2.64 million. The insider now directly holds 20,230 shares of Danaher Corp. (DHR).
