Market Insight: Danaher Corp (DHR)’s Notable Drop, Closing at 227.87

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In the latest session, Danaher Corp (NYSE: DHR) closed at $227.87 down -3.55% from its previous closing price of $236.26. In other words, the price has decreased by -$3.55 from its previous closing price. On the day, 5.33 million shares were traded. DHR stock price reached its highest trading level at $235.75 during the session, while it also had its lowest trading level at $227.46.

Ratios:

For a deeper understanding of Danaher Corp’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 62.65 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 32.85. For the most recent quarter (mrq), Quick Ratio is recorded 1.01 and its Current Ratio is at 1.37. In the meantime, Its Debt-to-Equity ratio is 0.37 whereas as Long-Term Debt/Eq ratio is at 0.32.

On October 01, 2024, Stephens started tracking the stock assigning a Overweight rating and target price of $315.

On August 28, 2024, Wells Fargo started tracking the stock assigning a Equal Weight rating and target price of $280.Wells Fargo initiated its Equal Weight rating on August 28, 2024, with a $280 target price.

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 Nov 26 ’24 when Raskas Daniel sold 26,318 shares for $236.59 per share. The transaction valued at 6,226,497 led to the insider holds 15,225 shares of the business.

Raskas Daniel sold 8,370 shares of DHR for $1,992,060 on Nov 25 ’24. The SVP – Corporate Development now owns 15,225 shares after completing the transaction at $238.00 per share. On Nov 26 ’24, another insider, Raskas Daniel, who serves as the Officer of the company, bought 26,318 shares for $236.59 each.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DHR now has a Market Capitalization of 170644766720 and an Enterprise Value of 180787838976. As of this moment, Danaher’s Price-to-Earnings (P/E) ratio for their current fiscal year is 43.46, and their Forward P/E ratio for the next fiscal year is 27.17. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 6.04. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.93 while its Price-to-Book (P/B) ratio in mrq is 3.21. Its current Enterprise Value per Revenue stands at 7.615 whereas that against EBITDA is 24.07.

Stock Price History:

Over the past 52 weeks, DHR has reached a high of $281.70, while it has fallen to a 52-week low of $215.68. The 50-Day Moving Average of the stock is -9.73%, while the 200-Day Moving Average is calculated to be -11.02%.

Shares Statistics:

For the past three months, DHR has traded an average of 2.70M shares per day and 2829320 over the past ten days. A total of 722.20M shares are outstanding, with a floating share count of 692.93M. Insiders hold about 4.06% of the company’s shares, while institutions hold 80.63% stake in the company. Shares short for DHR as of 1731628800 were 5052312 with a Short Ratio of 1.87, compared to 1728950400 on 5324404. Therefore, it implies a Short% of Shares Outstanding of 5052312 and a Short% of Float of 0.7900001.

Dividends & Splits

According to the company, the forward annual dividend rate for DHR is 1.05, from 1.05 in the trailing year. Against a Trailing Annual Dividend Yield of 0.0044442564The stock’s 5-year Average Dividend Yield is 0.37.

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