Becton Dickinson & Co. (NYSE: BDX) is -0.03% lower on its value in year-to-date trading and has touched a low of $218.75 and a high of $262.23 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BDX stock was last observed hovering at around $240.33 in the last trading session, with the day’s gains setting it 3.42%.
Currently trading at $243.75, the stock is 2.10% and 2.89% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.08 million and changing 1.42% at the moment leaves the stock 3.05% off its SMA200. BDX registered -6.03% loss for a year compared to 6-month gain of 4.11%. The firm has a 50-day simple moving average (SMA 50) of $236.8998 and a 200-day simple moving average (SMA200) of $236.5347.
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The stock witnessed a 3.89% loss in the last 1 month and extending the period to 3 months gives it a 5.48%, and is 3.07% 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 1.62% over the week and 1.53% over the month.
Becton Dickinson & Co. (BDX) has around 73000 employees, a market worth around $70.45B and $19.83B in sales. Current P/E ratio is 50.15 and Fwd P/E is 17.00. Profit margin for the company is 7.13%. Distance from 52-week low is 11.43% and -7.05% from its 52-week high. The company has generated returns on investments over the last 12 months (3.21%).
The EPS is expected to grow by 7.38% this year.
Becton Dickinson & Co. (BDX) Top Institutional Holders
2064.0 institutions hold shares in Becton Dickinson & Co. (BDX), with institutional investors hold 90.24% of the company’s shares. The shares outstanding are 290.39M, and float is at 288.63M with Short Float at 0.86%. Institutions hold 89.99% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 26.31 million shares valued at $6.15 billion. The investor’s holdings represent 9.0868% of the BDX Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 22.26 million shares valued at $5.2 billion to account for 7.689 of the shares outstanding. The other top investors are STATE STREET CORP which holds 13.85 million shares representing 4.7826% and valued at over $3.24 billion, while MORGAN STANLEY holds 3.9134 of the shares totaling 11.33 million with a market value of $2.65 billion.
Becton Dickinson & Co. (BDX) Insider Activity
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Becton Dickinson & Co. disclosed in a document filed with the SEC on Jun 10 ’24 that Spoerel Thomas J (SVP,Controller&Chief Acct Off) sold a total of 300 shares of the company’s common stock. The trade occurred on Jun 10 ’24 and was made at $239.31 per share for $71793.0. Following the transaction, the insider now directly holds 1976.0 shares of the BDX stock.
Still, SEC filings show that on May 15 ’24, Goette Roland (EVP and President EMEA) disposed off 3,300 shares at an average price of $236.73 for $0.78 million. The insider now directly holds 11,308 shares of Becton Dickinson & Co. (BDX).
