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.
A number of analysts gave price targets for DHR. The most optimistic price target was 97, implying potential capital gains of 19.25 percent. The minimum price target given was 73, implying a possible loss of -10.25 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Analysts have revised their earnings estimates downwards for this quarter, by about -0.52 percent on average, compared to last month. That number becomes -0.52 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0.64 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 0.64 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 5 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 4 analysts that decreased their estimates. During this time, 9 analysts made positive revisions in their estimates for this fiscal year's earnings, while 1 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of DHR to grow at a rate of 25.96 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, 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, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of DHR is 1.
DHR has traded between a high of 88.01 and a low of 75.71 over the past year. Currently the stock is 7.44 percent higher than its low, and 7.58 percent below the high. DHR has a price/earnings 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 stock has a market capitalization of $56.38 billion. DHR will post this quarters earnings in days, on 0000-00-00.