Becton Dickinson & Co [NYSE: BDX] slipped around -3.21 points on Wednesday, while shares priced at $232.59 at the close of the session, down -1.36%.
Compared to the average trading volume of 1.83M shares, BDX reached a trading volume of 2966438 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about 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 $274.08 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 1.53. 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 4.77, with the Price to Sales ratio for BDX stock in the period of the last 12 months amounting to 3.34. The Price to Book ratio for the last quarter was 2.60, with the Price to Cash per share for the same quarter was set at 7.93. Price to Free Cash Flow for BDX in the course of the last twelve months was 21.95 with Quick ratio for the last quarter at 0.74.
How has BDX stock performed recently?
Becton Dickinson & Co [BDX] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.19. With this latest performance, BDX shares gained by 2.39% in over the last four-week period, additionally plugging by 0.82% over the last 6 months – not to mention a drop of -1.56% 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 57.24, with the RSI for the last a single of trading hit 57.55, and the three-weeks RSI is set at 55.20 for Becton Dickinson & Co [BDX]. The present Moving Average for the last 50 days of trading for this stock 227.52, while it was recorded at 234.54 for the last single week of trading, and 233.55 for the last 200 days.
Becton Dickinson & Co [BDX]: Deeper insight into the fundamentals
Becton Dickinson & Co’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.74 and a Current Ratio set at 1.17.
Earnings analysis for Becton Dickinson & Co [BDX]
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 9.00%.
Insider trade positions for Becton Dickinson & Co [BDX]
There are presently around $91.75%, or 92.01%% 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%.
