Becton Dickinson & Co [NYSE: BDX] price plunged by -5.39 percent to reach at -$12.95.
The one-year BDX stock forecast points to a potential upside of 17.97. The average equity rating for BDX stock is currently 1.55, trading closer to a bullish pattern in the stock market.
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Guru’s Opinion on Becton Dickinson & Co [BDX]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BDX shares is $276.85 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 1.55. 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.
Citigroup have made an estimate for Becton Dickinson & Co shares, keeping their opinion on the stock as Buy, with their previous recommendation back on October 01, 2024. While these analysts kept the previous recommendation, Goldman raised their target price to Buy. The new note on the price target was released on May 30, 2024, representing the official price target for Becton Dickinson & Co stock. Previously, the target price had yet another raise to $305, while Raymond James analysts kept a Outperform rating on BDX stock.
The Average True Range (ATR) for Becton Dickinson & Co is set at 4.89, with the Price to Sales ratio for BDX stock in the period of the last 12 months amounting to 3.31. The Price to Book ratio for the last quarter was 2.54, with the Price to Cash per share for the same quarter was set at 18.47. Price to Free Cash Flow for BDX in the course of the last twelve months was 20.38 with Quick ratio for the last quarter at 1.36.
BDX Stock Performance Analysis:
Becton Dickinson & Co [BDX] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.77. With this latest performance, BDX shares dropped by -4.66% in over the last four-week period, additionally sinking by -3.36% over the last 6 months – not to mention a drop of -11.32% 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 35.04, with the RSI for the last a single of trading hit 30.61, and the three-weeks RSI is set at 38.64 for Becton Dickinson & Co [BDX]. The present Moving Average for the last 50 days of trading for this stock 237.24, while it was recorded at 234.81 for the last single week of trading, and 236.48 for the last 200 days.
Insight into Becton Dickinson & Co Fundamentals:
Becton Dickinson & Co’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.36 and a Current Ratio set at 1.85.
BDX 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 BDX. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Becton Dickinson & Co go to 8.00%.
Becton Dickinson & Co [BDX] Institutonal Ownership Details
There are presently around $90.80%, or 91.05%% of BDX stock, in the hands of institutional investors. The top three institutional holders of BDX stocks are: VANGUARD GROUP INC with ownership of 26.31 million shares, which is approximately 9.0868%. BLACKROCK INC., holding 22.26 million shares of the stock with an approximate value of $$5.2 billion in BDX stocks shares; and BLACKROCK INC., currently with $$3.24 billion in BDX stock with ownership which is approximately 4.7826%.