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.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
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.
