Why is DHR Stock Moving Today?

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Nov 22, 2024
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Danaher Corporation (DHR, Financial) saw its shares move today following its latest earnings report, where the company missed revenue forecasts with $7.88 billion against the expected $7.97 billion. This shortfall contributed to a moderate increase in the stock price by 0.62%, raising it to $236.51.

Despite the revenue and earnings per share (EPS) misses, Danaher remains a significant player in the Medical Diagnostics & Research industry. The company's market capitalization stands at $170.83 billion, with a price-to-earnings (PE) ratio of 45.14, which suggests it is highly valued compared to its peers.

From a valuation standpoint, the stock seems fairly valued with a GF Value estimate of $227. For a detailed valuation analysis, you can check out the GF Value page. Danaher's strong financial health is reflected in its robust Altman Z-Score of 4.76 and a high Piotroski F-Score of 7.

The company demonstrates growth with an ongoing expansion in its operating margin, bolstering confidence despite the insider selling activities. Danaher's stock is trading close to its 1-year low price-to-book (PB) ratio of 3.33, which suggests potential value for long-term investors.

Analysts predict modest growth in earnings with an estimated 5-year EPS growth rate of 7.76%. With a dividend yield of 0.45% and a steady dividend growth rate over recent years, Danaher provides a modest return to income-focused investors.

Investors should consider Danaher Corporation’s (DHR, Financial) strong market position and financial health when evaluating the company's long-term investment potential, despite the current short-term challenges reflected in its earnings report.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.