Danaher stock: buy or sell?

DHR stock price: $130.21 -0.08% At close on May 21st, 2019

Updated on:
May 21st, 2019

4

Danaher shares stayed steady -0.08% to $130.21 today. With Tuesday it's been 3 sliding days in a row, loosing $-2.06 (-1.57%).

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

Should I buy Danaher stock?

Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Trading strategies are meant for helping you in the decision process of what stocks to pick 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.

Currently, Danaher stock doesn't match any of these trading strategies, so our recommendation is not to buy.

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 published by financial analysts to indicate a particular stock's attractiveness. At Stocks2.com, we gathered 7 ratings published for DHR stock in the last month.

The general sentiment of these ratings is bullish for DHR stock, with 7 positive ratings.
Is DHR a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-3-4JPMorgan Chase & Co.n/aOverweight
2019-2-28Needham & Company LLCBuyBuy
2019-2-26UBS Groupn/aBuy
2019-2-26Jefferies Financial Groupn/aBuy
2019-2-26Deutsche Bankn/aBuy
2019-2-25Janney Montgomery ScottNeutralBuy
2019-1-7Cowenn/aBuy

Danaher stock analysis

Daily outlook

Danaher shares stayed constant -0.08% to $130.21 today.

Danaher closed today at $130.21 and stayed constant a tight -0.08%. Since price and SMA200d lines crossed up on January, DHR climbed $29.48 (29.27%). On May 3rd, DHR hit new all time highs, pushing higher previous ATH of $134.50 recorded on April. New ATHs are usual entry points for many trading setups as there aren't higher resistences. On February, SMA50d and SMA100d crossed up triggering a rise of 19.28%.

DHR stock chart (daily)

Weekly outlook

Danaher shares depreciated -0.68% this week, ending at $130.21. For 3 weeks in a row, price slid and lost a -3.34%.

Observing the weekly chart, price is in a simple uptrend, tested $128.31 level and now climbing back aiming its last top at $134.67. Not so far away is the last price record Danaher marked late April. Early January DHR price bounced up over the SMA of 40 weeks that acted as support stopping new slides. Since late January when SMA10w and SMA20w crossed up, DHR price gained $24.02 per share (22.62%).

DHR stock chart (weekly)

Danaher stock price history

Danaher IPO was on March 17th, 1980 at $0.04 per share1. Since then, DHR stock surged a 325,425.00%, with an average of 8,344.20% per year. If you had invested $1,000 in Danaher stock in 1980, it would worth $3,254,250.00 today.

1: Adjusted price after possible price splits or reverse-splits.

Danaher stock historical price chart

DHR stock reached all-time highs on May 3rd with a price of $134.67.

Danaher stock price target is $133.70

Nobody can reliably foresee how stock prices may evolve in the future. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. 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 found 6 price predictions for Danaher stock:
DHR stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-3-4JPMorgan Chase & Co.Reiteratesn/a$140.00-
2019-2-28Needham & Company LLCReiterates$114.00$138.0021.1%
2019-2-26UBS GroupRaises Target$125.00$144.0015.2%
2019-2-26Jefferies Financial GroupRaises Targetn/a$140.00-
2019-2-26Deutsche BankRaises Targetn/a$130.00-
2019-1-7CowenReiteratesn/a$110.00-
(in average)$119.50$133.7012.0%
The price prediction for Danaher stock is $133.70, moving in a range between $144.00 and $110.00. In average, analysts' outlook on DHR price target is positive, upgrading the prediction by a 12.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

After publishing its last earnings report on Apr/17, Danaher stepped up a nice 4.27%. As soon as we get its actual EPS from the earnings report, we will update this review.
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 sales report draw a very good growth of 8.53% to $19,893.00 million dollars. By contrast, its profit margin (compared to revenues) stayed steady to 13.33%, that is $2,650.90 million.

To have an up to date picture of the financial situation of Danaher, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2019-Q1 that can be compared to 2018 fiscal year results. Annual Danaher TTM sales up to March 2019 were $20,077.50 and income was $2,418.10 M USD. When comparing 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 stable a tiny 0.93%. Likewise, profit margin (net income/sales) decreased at 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 million in revenues for 2019-Q1, a -9.02% less compared to previous quarter. Reported quarter earnings marked $333.80 million with a profit margin of 6.84%. Profit margin eased a -7.08% compared to previous quarter when profit margin was 13.92%. When comparing sales to same quarter last year, Danaher sales marked a beatiful gain and gained 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 invest in a company, it's always worth to review its ownership structure.

Danaher shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 11.41% of all shares.

In case of Danaher stock, 79.87% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). 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:

DHRAABBAMEBIO
Market cap$93.2 B$21.9 B$40.3 B$19.7 B$7.2 B
Total shares715.9 M317.5 M2,130.0 M227.8 M24.7 M
Float shares635.6 M316.1 M1,780.0 M224.5 M20.9 M
  - Institutional holdings (%)79.9%88.2%4.5%87.7%78.0%
  - Insider holdings (%)11.4%0.4%0.0%0.5%14.6%
Shares in short selling0.0%0.0%0.0%0.0%0.0%

Danaher summary

Tuesday, May 21st, 2019
Open$131.30
Close$130.21
Day range$130.20 - $132.10
Previous close$130.32
Session gain-0.08%
Average true range$2.44
50d mov avg$130.41
100d mov avg$120.59
200d mov avg$111.61
Daily patternlt01a
Weekly pattern lb01a

Danaher performance

To measure stock performance is always good to compare with competitors or related stocks. For Danaher, the benchmark is made against Agilent Technologies, ABB, AMTEK, Bio-Rad Laboratories, Emerson Electric, General Electric, Honeywell International, 3M, Thermo Fisher Scientific and United Technologies.
Stock3m6m12m
DHRDanaher14.89%27.52%28.26%
AAgilent Technolog...-11.92%1.52%10.15%
ABB -3.23%-0.74%-16.37%
AMEAMTEK9.06%21.06%15.96%
BIOBio-Rad Laborator...6.77%7.25%1.71%
EMREmerson Electric-6.08%-1.46%-9.30%
GEGeneral Electric1.13%36.09%-28.25%
HONHoneywell Interna...10.71%19.02%19.35%
MMM3M-20.09%-14.41%-14.22%
TMOThermo Fisher Sci...4.37%12.03%23.41%
UTXUnited Technologi...7.05%6.63%9.52%

Danaher competitors

One check before investing in any stock is to review a list of its competitors, in this case for Danaher. We picked 10 companies as Danaher competitors as they are in the same industry or have similar market objectives.

Latest Danaher stock news