In the latest session, Becton Dickinson & Co. (NYSE: BDX) closed at $235.31 down -0.10% from its previous closing price of $235.55. In other words, the price has decreased by -$0.24 from its previous closing price. On the day, 1614533 shares were traded. BDX stock price reached its highest trading level at $236.34 during the session, while it also had its lowest trading level at $233.41.
Ratios:
For a deeper understanding of Becton Dickinson & Co.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 55.00 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 25.67. For the most recent quarter (mrq), Quick Ratio is recorded 0.64 and its Current Ratio is at 1.08. In the meantime, Its Debt-to-Equity ratio is 0.64 whereas as Long-Term Debt/Eq ratio is at 0.56.
Piper Sandler Upgraded its Neutral to Overweight on May 05, 2023, whereas the target price for the stock was revised from $260 to $290.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 11 when Garrison Michael David sold 1,239 shares for $232.46 per share. The transaction valued at 288,018 led to the insider holds 7,274 shares of the business.
Byrd Richard sold 2,156 shares of BDX for $514,141 on Nov 28. The EVP & President Interventional now owns 4,120 shares after completing the transaction at $238.47 per share. On Sep 05, another insider, Byrd Richard, who serves as the EVP & President Interventional of the company, sold 459 shares for $274.48 each. As a result, the insider received 125,986 and left with 3,444 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BDX now has a Market Capitalization of 67.98B and an Enterprise Value of 82.91B. As of this moment, Becton’s Price-to-Earnings (P/E) ratio for their current fiscal year is 55.66, and their Forward P/E ratio for the next fiscal year is 16.40. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 6.43. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.49 while its Price-to-Book (P/B) ratio in mrq is 2.68. Its current Enterprise Value per Revenue stands at 4.25 whereas that against EBITDA is 19.36.
Stock Price History:
Over the past 52 weeks, BDX has reached a high of $287.32, while it has fallen to a 52-week low of $228.62. The 50-Day Moving Average of the stock is 239.76, while the 200-Day Moving Average is calculated to be 253.30.
Shares Statistics:
For the past three months, BDX has traded an average of 1.62M shares per day and 1.3M over the past ten days. A total of 290.39M shares are outstanding, with a floating share count of 288.49M. Insiders hold about 0.14% of the company’s shares, while institutions hold 89.56% stake in the company. Shares short for BDX as of Feb 15, 2024 were 2.47M with a Short Ratio of 1.53, compared to 2.26M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.86% and a Short% of Float of 0.86%.
Dividends & Splits
According to the company, the forward annual dividend rate for BDX is 3.68, from 3.68 in the trailing year. Against a Trailing Annual Dividend Yield of 1.56%, it implies a Forward Annual Dividend Yield of 1.61%. The stock’s 5-year Average Dividend Yield is 1.33. The current Payout Ratio is 73.72% for BDX, which recently paid a dividend on Mar 29, 2024 with an ex-dividend date of Mar 07, 2024. Stock splits for the company last occurred on Aug 21, 1998 when the company split stock in a 2:1 ratio.
Earnings Estimates
There are 12 different market analysts currently analyzing its stock. On average, analysts expect EPS of $2.96 for the current quarter, with a high estimate of $2.99 and a low estimate of $2.92, while EPS last year was $2.86. The consensus estimate for the next quarter is $3.43, with high estimates of $3.62 and low estimates of $3.37.
Analysts are recommending an EPS of between $13.03 and $12.9 for the fiscal current year, implying an average EPS of $12.94. EPS for the following year is $14.34, with 12 analysts recommending between $14.59 and $14.06.
Revenue Estimates
A total of 12 analysts have provided revenue estimates for BDX’s current fiscal year. The highest revenue estimate was $20.33B, while the lowest revenue estimate was $20.2B, resulting in an average revenue estimate of $20.29B. In the same quarter a year ago, actual revenue was $19.37B, up 4.70% from the average estimate. Based on 13 analysts’ estimates, the company’s revenue will be $21.48B in the next fiscal year. The high estimate is $21.64B and the low estimate is $21.36B. The average revenue growth estimate for next year is up 5.90% from the average revenue estimate for this year.
