In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
After finishing at $233.83 in the prior trading day, Becton Dickinson & Co. (NYSE: BDX) closed at $230.48, down -1.43%. In other words, the price has decreased by -$1.43 from its previous closing price. On the day, 0.89 million shares were traded. BDX stock price reached its highest trading level at $234.69 during the session, while it also had its lowest trading level at $230.4.
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 53.87 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 25.15. 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:
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 Mar 14 ’24 when Spoerel Thomas J sold 282 shares for $238.29 per share. The transaction valued at 67,198 led to the insider holds 2,276 shares of the business.
Garrison Michael David sold 1,239 shares of BDX for $288,018 on Dec 11 ’23. The EVP & President Medical now owns 7,274 shares after completing the transaction at $232.46 per share. On Nov 28 ’23, another insider, Byrd Richard, who serves as the EVP & President Interventional of the company, sold 2,156 shares for $238.47 each. As a result, the insider received 514,141 and left with 4,120 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 66586136576 and an Enterprise Value of 81514184704. As of this moment, Becton’s Price-to-Earnings (P/E) ratio for their current fiscal year is 54.51, and their Forward P/E ratio for the next fiscal year is 16.06. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 6.30. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.42 while its Price-to-Book (P/B) ratio in mrq is 2.63. Its current Enterprise Value per Revenue stands at 4.182 whereas that against EBITDA is 16.595.
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 -3.73%, while the 200-Day Moving Average is calculated to be -8.07%.
Shares Statistics:
The stock has traded on average 1.35M shares per day over the past 3-months and 986600 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 288.49M. Insiders hold about 0.14% of the company’s shares, while institutions hold 89.42% 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 3.68, compared to 3.72 this year. Against a Trailing Annual Dividend Yield of 0.01573793The stock’s 5-year Average Dividend Yield is 1.34.
