Becton Dickinson & Co (NYSE: BDX) is 0.70% higher on its value in year-to-date trading and has touched a low of $218.75 and a high of $249.89 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 BDX stock was last observed hovering at around $226.49 in the last trading session, with the day’s gains setting it 1.97%.
Currently trading at $228.46, the stock is 1.37% and 0.16% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.24 million and changing 0.87% at the moment leaves the stock -2.32% off its SMA200. BDX registered -4.99% loss for a year compared to 6-month loss of 0.31%. The firm has a 50-day simple moving average (SMA 50) of $228.086 and a 200-day simple moving average (SMA200) of $233.8911.
The stock witnessed a 3.25% gain in the last 1 month and extending the period to 3 months gives it a -3.75%, and is 0.15% 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 1.48% over the week and 1.85% over the month.
Becton Dickinson & Co (BDX) has around 74000 employees, a market worth around $66.83B and $20.18B in sales. Current P/E ratio is 38.46 and Fwd P/E is 14.55. Profit margin for the company is 8.55%. Distance from 52-week low is 4.44% and -8.58% from its 52-week high. The company has generated returns on investments over the last 12 months (3.88%).
The EPS is expected to grow by 9.67% this year.
Becton Dickinson & Co (BDX) Top Institutional Holders
2059.0 institutions hold shares in Becton Dickinson & Co (BDX), with institutional investors hold 92.01% of the company’s shares. The shares outstanding are 290.01M, and float is at 289.52M with Short Float at 0.91%. Institutions hold 91.75% 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
The most recent transaction is an insider sale by Garrison Michael David, the company’s EVP & President, Medical. SEC filings show that Garrison Michael David sold 2,838 shares of the company’s common stock on Dec 19 ’24 at a price of $223.33 per share for a total of $0.63 million. Following the sale, the insider now owns 6141.0 shares.
Still, SEC filings show that on Dec 06 ’24, Goette Roland (EVP and President, EMEA) disposed off 4,483 shares at an average price of $221.01 for $0.99 million. The insider now directly holds 24,345 shares of Becton Dickinson & Co (BDX).
