Danaher Corp (NYSE: DHR) has reported E.P.S. of $1.13 for its third fiscal quarter (ending September 30) versus $1.27 for the same period a year ago. E.P.S. were $5.35 for the latest four quarters through September 30 versus $7.22 for the same period a year ago.
Recent Price Action
On 10/22/24, Danaher Corp (NYSE: DHR) stock declined by -4.0%, closing at $261.28. Moreover, exceptionally high trading volume at 205% of normal accompanied the decline. The stock has declined -3.8% during the last week but has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
DHR is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Danaher has a current Value Trend Rating of C (Neutral). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Danaher has a neutral Appreciation Score of 49 and a slightly positive Power Rating of 62, with the Neutral Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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