Danaher stock: buy or sell?
May 21st, 2019
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.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
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.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-3-4||JPMorgan Chase & Co.||n/a||Overweight|
|2019-2-28||Needham & Company LLC||Buy||Buy|
|2019-2-26||Jefferies Financial Group||n/a||Buy|
|2019-2-25||Janney Montgomery Scott||Neutral||Buy|
Danaher stock analysis
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%.
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%).
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 $133.70Nobody 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:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-3-4||JPMorgan Chase & Co.||Reiterates||n/a||$140.00||-|
|2019-2-28||Needham & Company LLC||Reiterates||$114.00||$138.00||21.1%|
|2019-2-26||UBS Group||Raises Target||$125.00||$144.00||15.2%|
|2019-2-26||Jefferies Financial Group||Raises Target||n/a||$140.00||-|
|2019-2-26||Deutsche Bank||Raises Target||n/a||$130.00||-|
Financials and fundamental analysis
Earnings date and Earnings per ShareAfter 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.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared 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%.
|2013||$19,120 M||-||$2,700 M14.1%||-|
|2014||$19,914 M||4.15%||$2,598 M13.0%||-3.76%|
|2015||$20,563 M||3.26%||$3,357 M16.3%||29.21%|
|2016||$16,882 M||-17.90%||$2,554 M15.1%||-23.94%|
|2017||$18,330 M||8.57%||$2,492 M13.6%||-2.41%|
|2018||$19,893 M||8.53%||$2,651 M13.3%||6.37%|
|TTM||$20,078 M||0.93%||$2,418 M12.0%||-8.78%|
Quarterly financial resultsDanaher 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%.
|2017-Q2||$4,510 M||-||$557 M12.4%||-|
|2017-Q3||$4,530 M||0.44%||$572 M12.6%||2.66%|
|2017-Q4||$5,086 M||12.27%||$857 M16.8%||49.73%|
|2018-Q1||$4,695 M||-7.67%||$567 M12.1%||-33.85%|
|2018-Q2||$4,981 M||6.08%||$674 M13.5%||18.92%|
|2018-Q3||$4,853 M||-2.57%||$664 M13.7%||-1.50%|
|2018-Q4||$5,364 M||10.52%||$747 M13.9%||12.52%|
|2019-Q1||$4,880 M||-9.02%||$334 M6.8%||-55.30%|
Danaher ownershipWhen 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:
|Market cap||$93.2 B||$21.9 B||$40.3 B||$19.7 B||$7.2 B|
|Total shares||715.9 M||317.5 M||2,130.0 M||227.8 M||24.7 M|
|Float shares||635.6 M||316.1 M||1,780.0 M||224.5 M||20.9 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 selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Tuesday, May 21st, 2019|
|Day range||$130.20 - $132.10|
|Average true range||$2.44|
|50d mov avg||$130.41|
|100d mov avg||$120.59|
|200d mov avg||$111.61|
Danaher performanceTo 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.
|TMOThermo Fisher Sci...||4.37%||12.03%||23.41%|
Danaher competitorsOne 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.
- Agilent Technologies (A)
- ABB (ABB)
- AMTEK (AME)
- Bio-Rad Laboratories (BIO)
- Emerson Electric (EMR)
- General Electric (GE)
- Honeywell International (HON)
- 3M (MMM)
- Thermo Fisher Scientific (TMO)
- United Technologies (UTX)
Latest Danaher stock news
- Seeking Alpha21 Alpha-Producing Water Stocks: Danaher Floats To The TopApril 30, 2019
- Seeking AlphaDanaher: Buy For Long-Term Total Return And 9% 3-Year CAGRMarch 28, 2019
- Seeking AlphaGE: Danaher Deal Saves The DayMarch 4, 2019
- InvestorPlace5 Top Stock Trades for Tuesday: S&P 500, Amazon and DanaherFebruary 25, 2019
- InvestorPlaceDanaher Stock Surges on GE Biopharma DealFebruary 25, 2019