Analyst Ratings for Becton Dickinson & Co. (BDX)Updated: 2017-07-28
An average rating of Overweight has been given to Becton Dickinson & Co. (NYSE:BDX) by analysts covering the stock. Last month, BDX received an average rating of Overweight.
9 analysts declared BDX a buy, 1 issued an overweight rating, 6 gave a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has increased by 0.
Several price targets were given for BDX by the analysts covering the stock. The highest price target was 230, which equates to a potential upside of 14.05 percent. The most pessimistic price target was 190, which equates to a potential downside of -5.79 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. That number becomes -1.21 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.11 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 0.11 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 4 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. Also over the last month, 5 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
The growth rate of BDX's earnings is estimated by analysts to be 55.57 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. BDX has a PEG ratio of 0.6.
In the trailing 52-weeks, BDX hit 206.63 at the highest peak, while it's lowest trading point was 161.29. Currently the stock is 25.04 percent higher than its low, and 2.4 percent below the high. BDX has a P/E ratio of 33.37. Investors typically compare the P/E ratio to a company's peers in the industry. The BDX value stock report compares BDX to some of its peers using value stock charts. The market cap of BDX is $46.09 billion. BDX is estimated to release their earnings results for the quarter on 0000-00-00, days from today.