Danaher stock: buy or sell?

DHR stock price: $161.88 1.01% At close on February 21st, 2020

Updated on:
February 21st, 2020

4

Danaher shares gained 1.01% to $161.88 on Feb/21.

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 choose and when is the best time to buy them. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

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?

Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness. Unfortunately, we couldn't find any rating for DHR stock for the last 30 days.

Danaher stock analysis

Daily outlook

Danaher shares gained 1.01% to $161.88 on Feb 21st.

Shares of Danaher closed on Feb 21st at $161.88 and gained a good 1.01%. Since SMA50d and SMA100d crossed up on December, DHR price climbed $10.75 per share (7.11%). Since November when DHR stock price broke up the SMA100d line, it gained $25.88 (19.03%). On January 30th, DHR hit new all time highs, pushing higher previous ATH of $166.18 recorded on Jan/29. New ATHs are usual entry points for many trading setups as there aren't higher resistences.

DHR stock chart (daily)

Weekly outlook

Danaher closed this week at $161.88 and fell a fatal -2.45%.

Not so far away is the last price record Danaher marked late January. Since mid November 2019 when DHR stock price broke up the SMA40w line, it gained $26.80 (19.84%). Early December, SMA10w and SMA20w crossed up triggering a rise of 9.33%.

DHR stock chart (weekly)

Danaher stock price history

Danaher stock historical price chart

DHR stock reached all-time highs on Jan/30 with a price of $169.19.

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, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month we have not found any price prediction for Danaher stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

Since April, when Danaher published its last earnings report, it . 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

Compared to 2017, last anual revenues report draw a shining growth of 8.53% to $19,893.00 M dollars. When comparing 2018 vs 2017, nonetheless, profit margin (that is, the net income divided by revenues) remained steady a -0.27% to 13.33%.

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 review Danaher business evolution since December 2018: Annual revenues up to March, compared to lastest yearly report, stayed stable a slightly fine 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 posted $4,879.90 M in revenues for 2019-Q1, a -9.02% less compared to previous quarter. Reported quarter income marked $333.80 M with a profit margin of 6.84%. Profit margin slipped a -7.08% compared to previous quarter when profit margin was 13.92%. When comparing revenues to same quarter last year, Danaher sales marked a decent gain and appreciated 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 have a look 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.

For a better understanding, the following table shows ownership data compared to other related companies:

DHR
Market cap$112.6 B
Total shares695.5 M
Float shares615.4 M
  - Institutional holdings (%)82.9%
  - Insider holdings (%)11.2%
Shares in short selling0.0%

Danaher summary

Friday, February 21st, 2020
Open$159.31
Close$161.88
Day range$158.93 - $162.08
Previous close$160.26
Session gain1.01%
Average true range$2.57
50d mov avg$158.48
100d mov avg$149.11
200d mov avg$143.92
Daily pattern
Weekly pattern

Danaher performance

To measure stock performance is always good to compare with competitors or related stocks. We picked as the bechmarking frame for Danaher stock.
Stock3m6m12m
DHRDanaher13.08%19.83%43.33%

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