Danaher Corp (NYSE: DHR) is -20.81% 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 $197.90 in the last trading session, with the day’s loss setting it -16.13%.
Currently trading at $181.77, the stock is -11.97% and -13.77% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.12 million and changing -8.15% at the moment leaves the stock -25.16% off its SMA200. DHR registered -25.61% loss for a year compared to 6-month loss of -33.64%. The firm has a 50-day simple moving average (SMA 50) of $210.8 and a 200-day simple moving average (SMA200) of $242.8871.
The stock witnessed a -15.38% gain in the last 1 month and extending the period to 3 months gives it a -20.90%, and is -11.70% 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 4.15% over the week and 2.67% over the month.
Danaher Corp (DHR) has around 63000 employees, a market worth around $130.05B and $23.88B in sales. Current P/E ratio is 34.37 and Fwd P/E is 21.15. Profit margin for the company is 16.33%. Distance from 52-week low is -7.64% and -35.47% 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 2.24% this year, but quarterly earnings will post 1.12% year-over-year. Quarterly sales are estimated to shrink -3.76% in year-over-year returns.
Danaher Corp (DHR) Top Institutional Holders
3008.0 institutions hold shares in Danaher Corp (DHR), with institutional investors hold 92.39% of the company’s shares. The shares outstanding are 719.10M, and float is at 648.54M with Short Float at 1.20%. Institutions hold 82.19% of the Float.
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 6.8518 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 3.3186 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 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).
