Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
After finishing at $233.58 in the prior trading day, Becton Dickinson & Co. (NYSE: BDX) closed at $235.00, up 0.61%. In other words, the price has increased by $0.61 from its previous closing price. On the day, 1.92 million shares were traded. BDX stock price reached its highest trading level at $236.445 during the session, while it also had its lowest trading level at $233.9177.
Ratios:
Our goal is to gain a better understanding of BDX by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 21.09 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.44. For the most recent quarter (mrq), Quick Ratio is recorded 0.97 and its Current Ratio is at 1.41. In the meantime, Its Debt-to-Equity ratio is 0.70 whereas as Long-Term Debt/Eq ratio is at 0.62.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Apr 30 ’24 when Garrison Michael David sold 1,715 shares for $232.81 per share. The transaction valued at 399,269 led to the insider holds 5,381 shares of the business.
Spoerel Thomas J sold 282 shares of BDX for $67,198 on Mar 14 ’24. The SVP,Controller&Chief Acct Off now owns 2,276 shares after completing the transaction at $238.29 per share. On Dec 11 ’23, another insider, Garrison Michael David, who serves as the EVP & President Medical of the company, sold 1,239 shares for $232.46 each. As a result, the insider received 288,018 and left with 7,274 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 67916414976 and an Enterprise Value of 82752520192. As of this moment, Becton’s Price-to-Earnings (P/E) ratio for their current fiscal year is 51.71, and their Forward P/E ratio for the next fiscal year is 16.47. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 206.86. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.44 while its Price-to-Book (P/B) ratio in mrq is 2.65. Its current Enterprise Value per Revenue stands at 4.197 whereas that against EBITDA is 16.322.
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 $229.40. The 50-Day Moving Average of the stock is -1.25%, while the 200-Day Moving Average is calculated to be -5.76%.
Shares Statistics:
The stock has traded on average 1.34M shares per day over the past 3-months and 1658070 shares per day over the last 10 days, according to various share statistics. A total of 290.39M shares are outstanding, with a floating share count of 288.60M. Insiders hold about 0.14% of the company’s shares, while institutions hold 88.96% stake in the company. Shares short for BDX as of 1713139200 were 2309649 with a Short Ratio of 1.72, compared to 1710460800 on 2788931. Therefore, it implies a Short% of Shares Outstanding of 2309649 and a Short% of Float of 0.8.
Dividends & Splits
In the trailing 12 months, BDX’s forward annual dividend rate was 3.72, compared to 3.72 this year. Against a Trailing Annual Dividend Yield of 0.01592602The stock’s 5-year Average Dividend Yield is 1.35.
