Analyst Ratings for Danaher Corp. (DHR)Updated: 2017-07-28
Danaher Corp. (NYSE:DHR) was awarded an average rating of Overweight from investment analysts following the stock. Last month, DHR received an average rating of Overweight.
Of the 19 analysts covering the stock, 11 gave it a buy rating, 1 gave an overweight rating, 7 issued a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 4. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
DHR was given price targets by several analysts. The highest price target was 97, implying a possible profit of 19.25 percent. The lowest price target was 73, implying potential capital losses of -10.25 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -0.52 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -0.52 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0.64 percent. If we look at the last 90 days instead, we find a net average change of 0.64 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. 5 analysts made positive revisions to their quarterly estimates over the past month, while 4 analysts revised their estimates downwards. Over the same time period, 9 analysts revised their FY earnings estimates upwards, while 1 analysts decreased their estimates.
DHR has an estimated earnings growth rate of 25.96 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of DHR is 1.
DHR has a 52-week high of 88.01 and a 52-week low of 75.71. Currently the stock is 7.44 percent higher than its low, and 7.58 percent below the high. DHR has a P/E ratio of 25.91. Investors typically compare the P/E ratio to a company's peers in the industry. The DHR value stock report compares DHR to some of its peers using value stock charts. The market cap of DHR is $56.38 billion. DHR is estimated to release their earnings results for the quarter on 0000-00-00, days from today.