Danaher Corp. [NYSE: DHR] price plunged by -2.57 percent to reach at -$6.46.
The one-year DHR stock forecast points to a potential upside of 11.18. The average equity rating for DHR stock is currently 1.65, trading closer to a bullish pattern in the stock market.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Guru’s Opinion on Danaher Corp. [DHR]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DHR shares is $275.61 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 1.65. 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.
Jefferies have made an estimate for Danaher Corp. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on June 03, 2024. The new note on the price target was released on April 17, 2024, representing the official price target for Danaher Corp. stock. Previously, the target price had yet another raise to $240, while Barclays analysts kept a Equal Weight rating on DHR stock.
The Average True Range (ATR) for Danaher Corp. is set at 5.10, with the Price to Sales ratio for DHR stock in the period of the last 12 months amounting to 6.91. The Price to Book ratio for the last quarter was 3.39, with the Price to Cash per share for the same quarter was set at 9.49. Price to Free Cash Flow for DHR in the course of the last twelve months was 32.63 with Quick ratio for the last quarter at 1.51.
DHR Stock Performance Analysis:
Danaher Corp. [DHR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.60. With this latest performance, DHR shares dropped by -3.68% in over the last four-week period, additionally plugging by 9.00% over the last 6 months – not to mention a rise of 14.69% 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 43.87, with the RSI for the last a single of trading hit 43.66, and the three-weeks RSI is set at 44.72 for Danaher Corp. [DHR]. The present Moving Average for the last 50 days of trading for this stock 254.74, while it was recorded at 248.22 for the last single week of trading, and 236.92 for the last 200 days.
Insight into Danaher Corp. Fundamentals:
Danaher Corp.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.51 and a Current Ratio set at 1.85.
DHR Stock EPS
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 Corp. go to 7.52%.
Danaher Corp. [DHR] Institutonal Ownership Details
The top three institutional holders of DHR stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in DHR stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in DHR stock with ownership which is approximately 5.1238%.