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NYSE:DHR

Danaher (DHR) Stock Price, News & Analysis

$266.20
+1.49 (+0.56%)
(As of 09/6/2024 ET)
Today's Range
$265.07
$270.11
50-Day Range
$239.25
$280.76
52-Week Range
$182.09
$281.70
Volume
3.32 million shs
Average Volume
2.79 million shs
Market Capitalization
$197.17 billion
P/E Ratio
45.12
Dividend Yield
0.41%
Price Target
$278.94

Danaher MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.65 Rating Score
Upside/​Downside
4.8% Upside
$278.94 Price Target
Short Interest
Healthy
0.97% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-1.36
Upright™ Environmental Score
News Sentiment
0.55mentions of Danaher in the last 14 days
Based on 27 Articles This Week
Insider Trading
Selling Shares
$11.04 M Sold Last Quarter
Proj. Earnings Growth
14.49%
From $7.59 to $8.69 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.35 out of 5 stars

Multi-Sector Conglomerates Sector

3rd out of 18 stocks

Process Control Instruments Industry

7th out of 13 stocks

DHR stock logo

About Danaher Stock (NYSE:DHR)

Danaher Corporation, founded in 1984 by brothers Stephen and Mitchell Rales, is a globally diversified conglomerate headquartered in Washington, D.C. The company has evolved into a major player across various industries, offering a wide range of products and services in the medical, industrial, and commercial sectors. Danaher's mission is to innovate and provide high-quality solutions that positively impact people's lives worldwide. Danaher's began in 1984 as a Massachusetts real estate investment trust called DMG, Inc. The company underwent several reorganizations and strategic acquisitions, culminating in its present-day structure and diverse product portfolio.

Danaher is involved in designing, manufacturing, and marketing a broad array of products and services. Its offerings span medical diagnostics equipment, life sciences and diagnostics tools, environmental solutions, water quality analysis systems, industrial automation tools, and other specialized instruments. Danaher's mission is to leverage its technological expertise and commitment to continuous improvement to develop innovative solutions that enhance human well-being and drive sustainable growth.

The company's diverse product portfolio includes cutting-edge medical diagnostic devices, scientific instruments used in research and healthcare settings, water quality monitoring systems, and automation equipment for industrial applications. Danaher caters to various markets, including healthcare, life sciences, diagnostics, environmental monitoring, and industrial automation. Its products and services find applications in research institutions, healthcare facilities, industrial manufacturers, and government organizations.

Danaher Corporation boasts a leadership team comprising highly accomplished individuals with diverse expertise, driving the company's success and strategic direction. At the helm is Steven M. Rales, the Co-Founder and Chairman, who played a pivotal role in establishing Danaher and has been instrumental in shaping its strategic vision. With his visionary approach, Rales has steered the company towards sustained growth and innovation. Rainer M. Blair holds the positions of President, Chief Executive Officer, and Director, leading Danaher's day-to-day operations and spearheading its growth strategies. Blair's dynamic leadership has been crucial in driving the company's expansion and ensuring its position as a market leader.

Danaher has displayed excellent financial performance in recent years, with consistent revenue growth and profitability. The company's financial stability and strategic acquisitions have contributed to its robust performance. Danaher's strong financials indicate its ability to generate revenue and profits, which has positively influenced investor sentiment and contributed to its favorable valuation.

Danaher's valuation metrics demonstrate positive investor sentiment and confidence in the company's future growth prospects. Its favorable price-to-earnings ratio and price-to-cash flow ratio reflect investor willingness to pay a premium for its earnings potential and cash generation capacity. Danaher's stock performance has been noteworthy, driven by its strong financials, strategic initiatives, and positive market sentiment.

Investors should closely monitor any recent news or events that may have impacted Danaher's share price, such as industry developments or major acquisitions. Danaher operates in diverse industries with various competitors. Its competitive advantages, including a broad product portfolio and emphasis on innovation, position it well within its industries.

Danaher has ample growth opportunities, including expansion into emerging markets, strategic acquisitions, and research and development investments. The company's strong focus on continuous improvement and customer-centric solutions will drive its pursuit of growth opportunities.

Danaher faces potential risks and challenges, including market fluctuations, regulatory changes, and economic uncertainties. However, its proactive risk management strategies mitigate potential impacts on the company's financial performance.

DHR Stock Price History

DHR Stock News Headlines

Agilent Technologies signage at its headquarters in Santa Clara, California, USA - June 9, 2023, an American company that provides instruments, software, services for laboratories — Stock Editorial Photography
Agilent Technologies Thrives From the Forever Chemicals Crackdown (DHR)
Agilent Technologies Inc. (NYSE: A) is a diversified global leader in the life sciences, diagnostics and applied chemical markets.
Danaher Co. (NYSE:DHR) SVP Sells $255,488.24 in Stock
Biden's Successor: The Radical Threat to YOUR Savings!
Kamala Harris isn't just playing politics; she's a serious threat to your financial security. Kamala has a plan to take over your money and leave you with nothing. Higher taxes, government control, and a digital dollar to track every penny you spend. This isn't about convenience; it's about CONTROL.
Danaher Corp. stock rises Friday, outperforms market
Jefferies Sticks to Its Buy Rating for Danaher (DHR)
Danaher (DHR) Receives a Hold from Stifel Nicolaus
Biden's Successor: The Radical Threat to YOUR Savings!
Kamala Harris isn't just playing politics; she's a serious threat to your financial security. Kamala has a plan to take over your money and leave you with nothing. Higher taxes, government control, and a digital dollar to track every penny you spend. This isn't about convenience; it's about CONTROL.
Smart Money Is Betting Big In DHR Options
Danaher Confirms Third Quarter and Full Year 2024 Guidance
Navigating Market Uncertainty: Intrinsic Value of Danaher Corp
Danaher Co. (NYSE:DHR) SVP Georgeann Couchara Sells 952 Shares
DHR Aug 2024 300.000 call
See More Headlines
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Company Calendar

Ex-Dividend for 7/26 Dividend
6/28/2024
Last Earnings
7/23/2024
Dividend Payable
7/26/2024
Today
9/07/2024
Next Earnings (Estimated)
10/22/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Process control instruments
Sub-Industry
Industrial Conglomerates
CUSIP
23585110
Employees
63,000
Year Founded
1984

Price Target and Rating

Average Stock Price Target
$278.94
High Stock Price Target
$310.00
Low Stock Price Target
$250.00
Potential Upside/Downside
+4.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.65
Research Coverage
17 Analysts

Profitability

Net Income
$4.76 billion
Pretax Margin
19.07%

Debt

Sales & Book Value

Annual Sales
$23.57 billion
Cash Flow
$10.47 per share
Book Value
$69.10 per share

Miscellaneous

Free Float
658,471,000
Market Cap
$197.17 billion
Optionable
Optionable
Beta
0.83

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Should I Buy Danaher Stock? DHR Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Danaher Co.:

  • Danaher's consistent net margin of 16.94% indicates strong profitability, providing investors with a stable income stream.
  • The return on equity of 11.06% showcases the company's ability to generate returns on shareholders' equity, which is a positive indicator for investors.
  • Recent analyst ratings and target prices suggest a positive outlook on the stock, potentially leading to capital appreciation.
  • Strong institutional investor interest, with significant purchases from reputable institutions like Vanguard Group Inc. and Wellington Management Group LLP, can instill confidence in individual investors.
  • With a diverse product portfolio spanning professional, medical, industrial, and commercial sectors, Danaher offers investors exposure to multiple industries, reducing risk through diversification.

Cons

Investors should be bearish about investing in Danaher Co. for these reasons:

  • The stock's current P/E ratio of 45.65 may indicate that the stock is overvalued, potentially limiting immediate upside for investors.
  • Danaher's revenue decline of 2.9% compared to the previous year could raise concerns about the company's growth prospects in the short term.
  • While the company has a strong net margin, the decrease in revenue suggests potential challenges in maintaining profitability in the face of market fluctuations.
  • The price-to-earnings-growth ratio of 4.62 may indicate that the stock is not attractively priced relative to its growth potential, potentially deterring growth-oriented investors.
  • Market volatility and economic uncertainties could impact Danaher's performance, leading to fluctuations in the stock price and potential investor anxiety.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, September 3, 2024. Please send any questions or comments about these Danaher pros and cons to contact@marketbeat.com.

DHR Stock Analysis - Frequently Asked Questions

How have DHR shares performed this year?

Danaher's stock was trading at $231.34 at the beginning of 2024. Since then, DHR stock has increased by 15.1% and is now trading at $266.20.
View the best growth stocks for 2024 here
.

How were Danaher's earnings last quarter?

Danaher Co. (NYSE:DHR) issued its earnings results on Tuesday, July, 23rd. The conglomerate reported $1.72 EPS for the quarter, beating analysts' consensus estimates of $1.57 by $0.15. The company's revenue for the quarter was down 2.9% on a year-over-year basis.
Read the conference call transcript
.

What is Rainer M. Blair's approval rating as Danaher's CEO?

27 employees have rated Danaher Chief Executive Officer Rainer M. Blair on Glassdoor.com. Rainer M. Blair has an approval rating of 98% among the company's employees. This puts Rainer M. Blair in the top 20% of approval ratings compared to other CEOs of publicly-traded companies.

Does Danaher have any subsidiaries?

The following companies are subsidiaries of Danaher: Aldevron, Precision NanoSystems, Aquatic Informatics, Cytiva, GE Biopharma, Integrated DNA Technologies, IDBS Group, and others.

Who are Danaher's major shareholders?

Top institutional shareholders of Danaher include Bank of New York Mellon Corp (1.16%), Legal & General Group Plc (0.81%), Dimensional Fund Advisors LP (0.46%) and Principal Financial Group Inc. (0.43%). Insiders that own company stock include Alan G Spoon, Rainer Blair, Joakim Weidemanis, Linda Filler, Daniel Raskas, Matthew Mcgrew, Brian W Ellis, Teri List, Walter G Lohr, Raymond C Stevens, Jennifer Honeycutt, Jose-Carlos Gutierrez-Ramos, Georgeann Couchara, Mitchell P Rales, Elias A Zerhouni, Linda P Hefner, Angela S Lalor and Angela S Lalor.
View institutional ownership trends
.

How do I buy shares of Danaher?

Shares of DHR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Danaher own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Danaher investors own include NVIDIA (NVDA), Home Depot (HD), Walt Disney (DIS), Johnson & Johnson (JNJ), Adobe (ADBE), Intel (INTC) and Alibaba Group (BABA).

This page (NYSE:DHR) was last updated on 9/7/2024 by MarketBeat.com Staff

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