A number of research firms have changed their ratings and price targets for Danaher Corp. (NYSE: DHR):
Danaher Corp. (NYSE:DHR) opened at 76.78 on Thursday. The firm’s 50-day moving average is $78.40 and its 200 day moving average is $76.77. Danaher Corp. has a 12-month low of $61.60 and a 12-month high of $82.64. The company has a market cap of $53.02 billion, a price-to-earnings ratio of 15.27 and a beta of 1.13.
Danaher Corp. (NYSE:DHR) last issued its earnings results on Monday, July 25th. The company reported $1.25 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.22 by $0.03. The business earned $5.80 billion during the quarter, compared to analyst estimates of $5.76 billion. Danaher Corp. had a return on equity of 13.40% and a net margin of 15.88%. Danaher Corp.’s revenue for the quarter was up 16.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.08 earnings per share. On average, equities analysts expect that Danaher Corp. will post $3.56 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Friday, October 28th. Shareholders of record on Friday, September 30th will be paid a $0.125 dividend. This represents a $0.50 annualized dividend and a yield of 0.65%. The ex-dividend date is Wednesday, September 28th. Danaher Corp.’s dividend payout ratio is currently 9.94%.