For its second fiscal quarter (ending March 31), Becton Dickinson and Co (NYSE: BDX) has reported a 20% increase in E.P.S. from $1.54 a year ago to $1.85 in the current quarter. However, this performance was $-1.62 short of the consensus estimate of $3.47. For the latest four quarters through March 31, E.P.S. were $4.72 compared to $5.47 a year ago — a decline of -14%.
Recent Price Action
On 5/2/24, Becton Dickinson and Co (NYSE: BDX) stock enjoyed a large increase of 2.8%, closing at $240.35. Moreover, this advance was accompanied by exceptionally high trading volume at 293% of normal. The stock has been weak relative to the market over the last nine months but has risen 2.8% during the last week.
Current PriceTarget Research Rating
BDX’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Becton Dickinson has a current Value Trend Rating of F (Lowest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Becton Dickinson has a poor Appreciation Score of 28 and a poor Power Rating of 22, with the Lowest Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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