Danaher stock: buy or sell?

DHR stock price: $136.43 6.01% At close on April 2nd, 2020

Updated on:
April 2nd, 2020

3

After sliding a dreadful -7.54% yesterday, Danaher closed today at $136.43 and climbed a dazzling 6.01%.

Danaher Corporation designs, manufactures, and markets professional, medical, industrial, and commercial products and services worldwide.

Should I buy Danaher stock?

Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

None of our preferred buy setups matches with Danaher stock situation right now, hence this is not a suitable entry point.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is Danaher stock a buy?

Banks and financial institutions publish stock ratings everyday. Unfortunately, we couldn't find any rating for DHR stock for the last 30 days.

Danaher stock analysis

Daily outlook

After sliding a dreadful -7.54% yesterday, Danaher closed today at $136.43 and climbed a dazzling 6.01%.

After sliding a dreadful -7.54% yesterday, Danaher closed today at $136.43 and climbed a dazzling 6.01%. Since price and SMA200d lines crossed down on March 9th, DHR fell $-11.79 per share (-7.95%). On January, DHR hit a new all time high, pushing higher than on January tops. Check different trading setups that use ATHs as triggers.

DHR stock chart (daily)

Weekly outlook

After boosting an amazing 10.78% in a week last week, Danaher closed this week at $136.43 and decreased a lame -1.55%. By mid March DHR plummed a chilling -14.19% in just one week.

Not so far away is the last all-time high Danaher marked late January, but since then it dropped a 19.25%.

DHR stock chart (weekly)

Danaher stock price history

Danaher stock historical price chart

DHR stock reached all-time highs on January with a price of $168.95.

Danaher stock price target

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. You should not follow the analysts' DHR stock price predictions in the hope that they will be met as they may be wrong and not met. For the last month we have not detected any price forecast for Danaher stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

After presenting its last earnings report on April, Danaher . Unfortunately, reported EPS is not yet available in our database.
DHR earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a0.79n/a
2017-Q32017-10-190.9515.3%
2017-Q42018-01-301.161.192.6%
2018-Q12018-04-190.940.995.3%
2018-Q22018-07-191.091.155.5%
2018-Q32018-10-181.071.12.8%
2018-Q42019-01-291.271.280.8%
2019-Q12019-04-171.02n/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

In 2018, Danaher annual sales escalated a remarkable 8.53% to $19,893.00 million USD from $18,329.70 marked in 2017. In contrast, its income margin (compared to sales) stayed constant to 13.33%, that is $2,650.90 million.

Danaher presents anual results in December, and to evaluate its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, Danaher TTM sales up to March 2019 were $20,077.50 and earnings $2,418.10 million dollars. If we compare this TTM figures with the last reported annuality, we can esteem Danaher business evolution since December 2018: Annual revenues up to March, compared to lastest yearly report, remained steady a slightly good 0.93%. Regarding profit margin, Danaher slightly fell -1.28% to 13.33%

DHR annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$19,120 M-$2,700 M14.1%-
2014$19,914 M4.15%$2,598 M13.0%-3.76%
2015$20,563 M3.26%$3,357 M16.3%29.21%
2016$16,882 M-17.90%$2,554 M15.1%-23.94%
2017$18,330 M8.57%$2,492 M13.6%-2.41%
2018$19,893 M8.53%$2,651 M13.3%6.37%
TTM $20,078 M0.93%$2,418 M12.0%-8.78%

Quarterly financial results

Danaher reported $4,879.90 M in revenues for 2019-Q1, a -9.02% decline compared to previous quarter. Reported quarter income marked $333.80 million with a profit margin of 6.84%. Profit margin dropped a -7.08% compared to previous quarter when profit margin was 13.92%. When comparing turnover to same quarter last year, Danaher sales marked a fine growth and inched a 3.93%.
DHR quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$4,510 M-$557 M12.4%-
2017-Q3$4,530 M0.44%$572 M12.6%2.66%
2017-Q4$5,086 M12.27%$857 M16.8%49.73%
2018-Q1$4,695 M-7.67%$567 M12.1%-33.85%
2018-Q2$4,981 M6.08%$674 M13.5%18.92%
2018-Q3$4,853 M-2.57%$664 M13.7%-1.50%
2018-Q4$5,364 M10.52%$747 M13.9%12.52%
2019-Q1$4,880 M-9.02%$334 M6.8%-55.30%

Danaher ownership

When you are planning to buy a stock, it's worth to review its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Danaher, 11.22% of all outstanding shares are owned by its staff.

Bearish positions for DHR stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to Danaher:

DHR
Market cap$94.9 B
Total shares695.5 M
Float shares616.2 M
  - Institutional holdings (%)82.7%
  - Insider holdings (%)11.2%
Shares in short selling0.0%

Danaher summary

Thursday, April 2nd, 2020
Open$127.82
Close$136.43
Day range$127.70 - $136.63
Previous close$128.70
Session gain6.01%
Average true range$10.00
50d mov avg$149.10
100d mov avg$149.39
200d mov avg$144.60
Daily patternlt03a
Weekly pattern

Danaher performance

To better understand Danaher performance you must compare its gains with other related stocks in same sector or industry. In the following table, we compare Danaher to :
Stock3m6m12m
DHRDanaher-11.37%-3.45%4.18%

Danaher competitors

Unfortunately, we could not find any public company that could be defined as Danaher competitor. This doesn't mean Danaher does not have any competitor in the market, it's just we could not detected it.

    Latest Danaher stock news