Danaher Corp. (NYSE: DHR): Would You Buy Today?

In today’s recent session, 2.83 million shares of the Danaher Corp. (NYSE:DHR) have been traded, and its beta is 0.85. Most recently the company’s share price was $252.71, and it changed around $16.63 or 7.05% from the last close, which brings the market valuation of the company to $187.14B. DHR at last check was trading at a discount to its 52-week high of $259.00, offering almost -2.49% off that amount. The share price’s 52-week low was $182.09, which indicates that the recent value has risen by an impressive 27.95% since then. We note from Danaher Corp.’s average daily trading volume that its 3-month average coming to 2.68 million.

Danaher Corp. stock received a consensus recommendation rating of Overweight, based on a mean score of 1.65. If we narrow it down even further, the data shows that 0 out of 17 analysts rate the stock as a Sell; another 7 rate it as Overweight. Among the rest, 4 recommended DHR as a Hold, whereas 6 deemed it a Buy, and 0 rated it as Underweight.

Danaher Corp. (NYSE:DHR) trade information

Instantly DHR has been showing a green trend so far today with a performance of 7.05% on intraday trading today. The performance over the last five days has remained in the green territory. The company’s shares are currently up 9.24% year-to-date, but still up 5.15% over the last five days. On the other hand, Danaher Corp. (NYSE:DHR) is -0.82% down in the 30-day period.

The consensus price target as assigned by Wall Street analysts is $313.59, which translates to bulls needing to increase their stock price by 19.41% from its current value. Analyst projections state that DHR is forecast to be at a low of $265 and a high of $365.

Danaher Corp. (DHR) estimates and forecasts

Danaher Corp. share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 22.78 percent over the past six months and at a 0.53% annual growth rate that is well above the industry average of -2.20%.

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 11.31%. Danaher Corp. earnings are expected to increase by 0.73% in 2024, but the outlook is positive 3.40% per year for the next five years.

DHR Dividends

Danaher Corp.’s next quarterly earnings report is expected to be released in May. The annual dividend yield of the stock is 0.42 percent and its annual dividend per share was 1.05. It is important to note, however, that the 0.42% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.