Becton Dickinson and Company [BDX] Stock trading around $234.06 per share: What’s Next?

Becton Dickinson and Company [NYSE: BDX] plunged by -$0.02 during the normal trading session on Tuesday and reaching a high of $235.54 during the day while it closed the day at $234.06. The company report on September 2, 2020 that Colliers International Expands to Nashville, Tennessee.

Adds another market-leading real estate services business in key U.S. growth market.

Leading global commercial real estate services and investment management firm, Colliers International Group Inc. (NASDAQ and TSX: CIGI), today announced the acquisition of Colliers International Nashville, LLC (“Colliers | Nashville”), which was previously an affiliate operation. The current shareholders of Colliers | Nashville will retain equity in the business under Colliers’ unique partnership model. As a company-owned operation, Colliers | Nashville will continue to build on its market leadership position by increasing service capabilities and leveraging the vast resources of Colliers’ growing and innovative platform. Details of the transaction were not disclosed.

Becton Dickinson and Company stock has also loss -3.59% of its value over the past 7 days. However, BDX stock has declined by -1.36% in the 3 months of the year. Over the past six months meanwhile, it has lost -1.37% and lost -13.94% year-on date.

The market cap for BDX stock reached $68.13 billion, with 289.87 million shares outstanding and 289.16 million shares in the current float. Compared to the average trading volume of 1.65M shares, BDX reached a trading volume of 1502348 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Becton Dickinson and Company [BDX]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BDX shares is $284.31 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BDX stock is a recommendation set at 2.10. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Barclays have made an estimate for Becton Dickinson and Company shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on July 09, 2020. While these analysts kept the previous recommendation, Goldman raised their target price to Buy. The new note on the price target was released on June 01, 2020, representing the official price target for Becton Dickinson and Company stock. Previously, the target price had yet another raise to $260, while Citigroup analysts kept a Neutral rating on BDX stock.

The Average True Range (ATR) for Becton Dickinson and Company is set at 6.90, with the Price to Sales ratio for BDX stock in the period of the last 12 months amounting to 4.03. The Price to Book ratio for the last quarter was 2.75, with the Price to Cash per share for the same quarter was set at 9.98. Price to Free Cash Flow for BDX in the course of the last twelve months was 45.66 with Quick ratio for the last quarter at 1.00.

BDX stock trade performance evaluation

Becton Dickinson and Company [BDX] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.59. With this latest performance, BDX shares dropped by -8.72% in over the last four-week period, additionally sinking by -1.37% over the last 6 months – not to mention a drop of -9.21% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BDX stock in for the last two-week period is set at 30.02, with the RSI for the last a single of trading hit 24.53, and the three-weeks RSI is set at 34.79 for Becton Dickinson and Company [BDX]. The present Moving Average for the last 50 days of trading for this stock 258.62, while it was recorded at 238.05 for the last single week of trading, and 254.11 for the last 200 days.

Becton Dickinson and Company [BDX]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Becton Dickinson and Company [BDX] shares currently have an operating margin of +16.74 and a Gross Margin at +47.94. Becton Dickinson and Company’s Net Margin is presently recorded at +7.14.

Return on Total Capital for BDX is now 6.98, given the latest momentum, and Return on Invested Capital for the company is 3.12. Return on Equity for this stock inclined to 5.87, with Return on Assets sitting at 2.34. When it comes to the capital structure of this company, Becton Dickinson and Company [BDX] has a Total Debt to Total Equity ratio set at 91.98. Additionally, BDX Total Debt to Total Capital is recorded at 47.91, with Total Debt to Total Assets ending up at 37.46. Long-Term Debt to Equity for the company is recorded at 85.78, with the Long-Term Debt to Total Capital now at 44.68.

Reflecting on the efficiency of the workforce at the company, Becton Dickinson and Company [BDX] managed to generate an average of $17,605 per employee. Receivables Turnover for the company is 7.41 with a Total Asset Turnover recorded at a value of 0.33.Becton Dickinson and Company’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.00 and a Current Ratio set at 1.50.

Earnings per share (EPS) analysis for Becton Dickinson and Company [BDX] stock

With the latest financial reports released by the company, Becton Dickinson and Company posted 3.31/share EPS, while the average EPS was predicted by analysts to be reported at 3.3/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.30%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for BDX. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Becton Dickinson and Company go to 6.40%.

Becton Dickinson and Company [BDX]: Insider Ownership positions

There are presently around $57,872 million, or 87.70% of BDX stock, in the hands of institutional investors. The top three institutional holders of BDX stocks are: VANGUARD GROUP INC with ownership of 25,098,916, which is approximately 4.408% of the company’s market cap and around 0.17% of the total institutional ownership; PRICE T ROWE ASSOCIATES INC /MD/, holding 22,059,136 shares of the stock with an approximate value of $5.16 billion in BDX stocks shares; and BLACKROCK INC., currently with $4.86 billion in BDX stock with ownership of nearly 9.239% of the company’s market capitalization.

Positions in Becton Dickinson and Company stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 697 institutional holders increased their position in Becton Dickinson and Company [NYSE:BDX] by around 22,321,852 shares. Additionally, 624 investors decreased positions by around 10,324,251 shares, while 213 investors held positions by with 214,607,008 shares. The mentioned changes placed institutional holdings at 247,253,111 shares, according to the latest SEC report filing. BDX stock had 120 new institutional investments in for a total of 1,804,234 shares, while 93 institutional investors sold positions of 1,358,883 shares during the same period.

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