Danaher Corp (NYSE:DHR) shares traded -0.94% lower at $226.16 on Wall Street last session.
DHR stock price is now -7.48% away from the 50-day moving average and -11.32% away from the 200-day moving average. The market capitalization of the company currently stands at $163.35B.
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With the price target of $275, Guggenheim recently initiated with Buy rating for Danaher Corp (NYSE: DHR). On December 13, 2024, BofA Securities Upgraded its previous ‘Neutral’ rating to ‘Buy’ on the stock keeping its target price maintained at $290, while ‘Wolfe Research’ rates the stock as ‘Outperform’
In other news, Raskas Daniel, SVP – Corporate Development sold 26,318 shares of the company’s stock on Nov 26 ’24. The stock was sold for $6,226,497 at an average price of $236.59. Upon completion of the transaction, the SVP – Corporate Development now directly owns 15,225 shares in the company, valued at $3.44 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 25 ’24, SVP – Corporate Development Raskas Daniel sold 8,370 shares of the business’s stock. A total of $1,992,060 was realized by selling the stock at an average price of $238.00. This leaves the insider owning 15,225 shares of the company worth $3.44 million. A total of 4.06% of the company’s stock is owned by insiders.
During the past 12 months, Danaher Corp has had a low of $222.53 and a high of $281.70. As of last week, the company has a debt-to-equity ratio of 0.37, a current ratio of 1.37, and a quick ratio of 1.01. According to the stock market information, the enterprise value for the company is $179552747520, which is based on a 43.14 price-to-earnings ratio, a 5.99 price-to-earnings-growth ratio, and a beta of 0.84. The fifty day moving average price for DHR is $244.4554 and a two-hundred day moving average price translates $255.02284 for the stock.
The latest earnings results from Danaher Corp (NYSE: DHR) was released for 2024-09-27. The net profit margin was 16.39% and return on equity was 7.59% for DHR. The company reported revenue of $5.8 billion for the quarter, compared to $5.62 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 3.09 percent.
