Danaher Corporation [DHR] gain 9.32% so far this year. What now?

Danaher Corporation [NYSE: DHR] closed the trading session at $242.84 on 04/13/21. The day’s price range saw the stock hit a low of $237.20, while the highest price level was $247.90. The company report on April 13, 2021 that Danaher Provides Update On First Quarter 2021 Financial Performance.

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Danaher Corporation (NYSE: DHR) (the “Company”) announced that it expects first quarter 2021 core revenue growth to be above the high-end of the Company’s previously communicated guidance range.

For the quarter ended April 2, 2021, the Company expects revenue growth to be approximately 57.0% and non-GAAP core revenue growth including Cytiva to be approximately 29.0%. The better-than-expected performance was broad-based across the portfolio, with particular strength in Life Sciences and Diagnostics.

The stocks have a year to date performance of 9.32 percent and weekly performance of 6.95 percent. The stock has been moved at 7.42 percent over the last six months. The stock has performed 13.12 percent around the most recent 30 days and changed -0.52 percent over the most recent 3-months.

If compared to the average trading volume of 2.60M shares, DHR reached to a volume of 6147984 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 Danaher Corporation [DHR]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DHR shares is $267.53 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on DHR stock is a recommendation set at 1.80. 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.

Robert W. Baird have made an estimate for Danaher Corporation shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on April 07, 2021. While these analysts kept the previous recommendation, Barclays raised their target price to Overweight. The new note on the price target was released on March 03, 2021, representing the official price target for Danaher Corporation stock. Previously, the target price had yet another raise to $250, while Goldman analysts kept a Buy rating on DHR stock. On November 25, 2020, analysts decreased their price target for DHR shares from 273 to 234.

The Average True Range (ATR) for Danaher Corporation is set at 5.46, with the Price to Sales ratio for DHR stock in the period of the last 12 months amounting to 7.69. The Price to Book ratio for the last quarter was 4.73, with the Price to Cash per share for the same quarter was set at 8.55. Price to Free Cash Flow for DHR in the course of the last twelve months was 35.68 with Quick ratio for the last quarter at 1.60.

DHR stock trade performance evaluation

Danaher Corporation [DHR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 6.95. With this latest performance, DHR shares gained by 13.12% in over the last four-week period, additionally plugging by 7.42% over the last 6 months – not to mention a rise of 66.18% 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 DHR stock in for the last two-week period is set at 71.16, with the RSI for the last a single of trading hit 80.95, and the three-weeks RSI is set at 64.60 for Danaher Corporation [DHR]. The present Moving Average for the last 50 days of trading for this stock 226.90, while it was recorded at 233.21 for the last single week of trading, and 218.27 for the last 200 days.

Danaher Corporation [DHR]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Danaher Corporation [DHR] shares currently have an operating margin of +19.35 and a Gross Margin at +55.98. Danaher Corporation’s Net Margin is presently recorded at +16.36.

Return on Total Capital for DHR is now 7.51, given the latest momentum, and Return on Invested Capital for the company is 6.39. Return on Equity for this stock inclined to 10.41, with Return on Assets sitting at 5.27. When it comes to the capital structure of this company, Danaher Corporation [DHR] has a Total Debt to Total Equity ratio set at 55.77. Additionally, DHR Total Debt to Total Capital is recorded at 35.80, with Total Debt to Total Assets ending up at 29.12. Long-Term Debt to Equity for the company is recorded at 60.22, with the Long-Term Debt to Total Capital now at 35.48.

Reflecting on the efficiency of the workforce at the company, Danaher Corporation [DHR] managed to generate an average of $52,841 per employee. Receivables Turnover for the company is 5.52 with a Total Asset Turnover recorded at a value of 0.32.Danaher Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.60 and a Current Ratio set at 1.90.

Earnings per share (EPS) analysis for Danaher Corporation [DHR] stock

With the latest financial reports released by the company, Danaher Corporation posted 1.05/share EPS, while the average EPS was predicted by analysts to be reported at 1.02/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 2.90%. 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 DHR. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Danaher Corporation go to 12.19%.

Danaher Corporation [DHR]: Insider Ownership positions

There are presently around $135,899 million, or 80.90% of DHR stock, in the hands of institutional investors. The top three institutional holders of DHR stocks are: VANGUARD GROUP INC with ownership of 48,739,681, which is approximately -0.779% of the company’s market cap and around 0.40% of the total institutional ownership; BLACKROCK INC., holding 45,709,313 shares of the stock with an approximate value of $11.1 billion in DHR stocks shares; and PRICE T ROWE ASSOCIATES INC /MD/, currently with $7.61 billion in DHR stock with ownership of nearly -11.12% of the company’s market capitalization.

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Positions in Danaher Corporation stocks held by institutional investors increased at the end of April and at the time of the April reporting period, where 838 institutional holders increased their position in Danaher Corporation [NYSE:DHR] by around 27,482,767 shares. Additionally, 782 investors decreased positions by around 29,679,746 shares, while 214 investors held positions by with 502,461,171 shares. The mentioned changes placed institutional holdings at 559,623,684 shares, according to the latest SEC report filing. DHR stock had 225 new institutional investments in for a total of 2,302,949 shares, while 65 institutional investors sold positions of 1,634,580 shares during the same period.

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