Danaher Corp (NYSE: DHR) is -10.71% 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 $205.61 in the last trading session, with the day’s loss setting it -0.65%.
Currently trading at $204.96, the stock is -1.20% and -7.35% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.02 million and changing -0.32% at the moment leaves the stock -17.17% off its SMA200. DHR registered -19.21% loss for a year compared to 6-month loss of -24.95%.
The stock witnessed a 0.72% gain in the last 1 month and extending the period to 3 months gives it a -10.93%, and is -2.66% 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 2.75% over the week and 2.39% over the month.
Danaher Corp (DHR) has around 63000 employees, a market worth around $146.49B and $23.88B in sales. Current P/E ratio is 38.76 and Fwd P/E is 23.92. Profit margin for the company is 16.33%. Distance from 52-week low is 4.15% and -27.24% from its 52-week high. The company has generated returns on investments over the last 12 months (5.91%).
with sales reaching $5.58B over the same period.The EPS is expected to grow by 2.05% this year, but quarterly earnings will post 1.09% year-over-year. Quarterly sales are estimated to shrink -3.80% in year-over-year returns.
The shares outstanding are 719.10M, and float is at 685.65M with Short Float at 1.19%.
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
Still, SEC filings show that on Feb 18 ’25, Sabeti Pardis C (former Board of Directors) Proposed Sale 4,337 shares at an average price of $204.28 for $0.89 million. The insider now directly holds shares of Danaher Corp (DHR).
