Danaher Corp (NYSE: DHR) is -8.42% lower on its value in year-to-date trading and has touched a low of $196.80 and a high of $281.70 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 DHR stock was last observed hovering at around $207.95 in the last trading session, with the day’s gains setting it 2.28%.
Currently trading at $210.23, the stock is -2.60% and -7.54% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.21 million and changing 1.10% at the moment leaves the stock -16.14% off its SMA200. DHR registered -15.15% loss for a year compared to 6-month loss of -22.61%.
The stock witnessed a -13.90% gain in the last 1 month and extending the period to 3 months gives it a -8.62%, and is 3.26% 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 2.12% over the week and 2.53% over the month.
Danaher Corp (DHR) has around 63000 employees, a market worth around $150.25B and $23.88B in sales. Current P/E ratio is 39.77 and Fwd P/E is 24.56. Profit margin for the company is 16.33%. Distance from 52-week low is 6.82% and -25.37% from its 52-week high. The company has generated returns on investments over the last 12 months (5.99%).
with sales reaching $5.57B over the same period.The EPS is expected to grow by 2.02% this year, but quarterly earnings will post 1.09% year-over-year. Quarterly sales are estimated to shrink -3.85% in year-over-year returns.
Danaher Corp (DHR) Top Institutional Holders
The shares outstanding are 719.10M, and float is at 685.63M with Short Float at 0.78%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 60.49 million shares valued at $15.11 billion. The investor’s holdings represent 8.1684% of the DHR Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 50.54 million shares valued at $$12.63 billion to account for 6.8241 of the shares outstanding. The other top investors are STATE STREET CORP which holds 27.67 million shares representing 3.7518% and valued at over $6.92 billion, while WELLINGTON MANAGEMENT GROUP LLP holds 3.3051 of the shares totaling 24.48 million with a market value of $6.12 billion.
Danaher Corp (DHR) Insider Activity
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Still, SEC filings show that on Feb 07 ’25, SPOON ALAN G (Director) disposed off 550 shares at an average price of $206.46 for $0.11 million. The insider now directly holds 120,518 shares of Danaher Corp (DHR).
