Danaher Corp. [NYSE: DHR] stock went on a downward path that fall over -3.97% on Tuesday, amounting to a one-week price decrease of less than -4.18%.
Over the last 12 months, DHR stock rose by 26.94%. The one-year Danaher Corp. stock forecast points to a potential upside of 10.23. The average equity rating for DHR stock is currently 1.79, trading closer to a bullish pattern in the stock market.
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The market cap for the stock reached $188.70 billion, with 739.20 million shares outstanding and 657.45 million shares in the current float. Compared to the average trading volume of 2.39M shares, DHR stock reached a trading volume of 4458064 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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 $291.05 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 1.79. 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.
Stephens have made an estimate for Danaher Corp. shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on October 01, 2024. While these analysts kept the previous recommendation, Wells Fargo raised their target price to Equal Weight. The new note on the price target was released on August 28, 2024, representing the official price target for Danaher Corp. stock. Previously, the target price had yet another raise to $295, while Jefferies analysts kept a Buy rating on DHR stock.
The Average True Range (ATR) for Danaher Corp. is set at 5.65, with the Price to Sales ratio for DHR stock in the period of the last 12 months amounting to 7.60. The Price to Book ratio for the last quarter was 3.79, with the Price to Cash per share for the same quarter was set at 3.29. Price to Free Cash Flow for DHR in the course of the last twelve months was 36.99 with Quick ratio for the last quarter at 1.04.
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 -4.18. With this latest performance, DHR shares dropped by -4.35% in over the last four-week period, additionally plugging by 3.23% over the last 6 months – not to mention a rise of 26.94% 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 38.38, with the RSI for the last a single of trading hit 33.44, and the three-weeks RSI is set at 41.99 for Danaher Corp. [DHR]. The present Moving Average for the last 50 days of trading for this stock 270.64, while it was recorded at 269.55 for the last single week of trading, and 255.68 for the last 200 days.
Insight into Danaher Corp. Fundamentals:
Danaher Corp.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.04 and a Current Ratio set at 1.43.
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 8.04%.
Danaher Corp. [DHR] Institutonal Ownership Details
There are presently around $82.71%, or 92.93%% of DHR stock, in the hands of institutional investors. The top three institutional holders of DHR stocks are: VANGUARD GROUP INC with ownership of 60.49 million shares, which is approximately 8.1684%. BLACKROCK INC., holding 50.54 million shares of the stock with an approximate value of $$12.63 billion in DHR stocks shares; and BLACKROCK INC., currently with $$6.92 billion in DHR stock with ownership which is approximately 3.7366%.
