Danaher Stock Analysis

DHR Stock  USD 253.11  17.03  7.21%   
Danaher is overvalued with Real Value of 179.71 and Target Price of 246.83. The main objective of Danaher stock analysis is to determine its intrinsic value, which is an estimate of what Danaher is worth, separate from its market price. There are two main types of Danaher's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Danaher's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Danaher's stock to identify patterns and trends that may indicate its future price movements.
The Danaher stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Danaher is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Danaher Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Danaher's ongoing operational relationships across important fundamental and technical indicators.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Danaher. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
To learn how to invest in Danaher Stock, please use our How to Invest in Danaher guide.

Danaher Stock Analysis Notes

About 82.0% of the company shares are held by institutions such as insurance companies. The book value of Danaher was currently reported as 72.16. The company recorded earning per share (EPS) of 5.44. Danaher last dividend was issued on the 27th of March 2024. The entity had 1128:1000 split on the 2nd of October 2023. Danaher Corporation designs, manufactures, and markets professional, medical, industrial, and commercial products and services worldwide. Danaher Corporation was founded in 1969 and is headquartered in Washington, the District of Columbia. Danaher Corp operates under Diagnostics Research classification in the United States and is traded on New York Stock Exchange. It employs 78000 people. To learn more about Danaher call Rainer Blair at 202 828 0850 or check out https://www.danaher.com.

Danaher Quarterly Total Revenue

3.49 Billion

Danaher Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Danaher's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Danaher or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Over 82.0% of the company shares are held by institutions such as insurance companies
Latest headline from cnbc.com: Danaher shares jump 7 percent as the turnaround in biotech spending finally arrives

Danaher Upcoming and Recent Events

Earnings reports are used by Danaher to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Danaher previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
30th of January 2024
Upcoming Quarterly Report
View
23rd of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
30th of January 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

Danaher Largest EPS Surprises

Earnings surprises can significantly impact Danaher's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
1999-04-22
1999-03-310.090.10.0111 
1998-07-16
1998-06-300.090.10.0111 
1997-10-21
1997-09-300.080.090.0112 
View All Earnings Estimates

Danaher Thematic Classifications

In addition to having Danaher stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Measuring and Control Equipment Idea
Measuring and Control Equipment
USA Equities from Measuring and Control Equipment industry as classified by Fama & French
Healthcare Idea
Healthcare
USA Equities from Healthcare industry as classified by Fama & French
SRI Sustainable Growth Idea
SRI Sustainable Growth
Large and mid-sized companies that operate under the guidelines of socially responsible investing - SRI

Danaher Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Danaher is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Danaher backward and forwards among themselves. Danaher's institutional investor refers to the entity that pools money to purchase Danaher's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Bank Of New York Mellon Corp2023-12-31
8.8 M
Northern Trust Corp2023-12-31
7.7 M
Norges Bank2023-12-31
7.6 M
Franklin Resources Inc2023-12-31
6.6 M
Edgewood Management Llc2023-12-31
6.4 M
Bank Of America Corp2023-12-31
6.1 M
Legal & General Group Plc2023-12-31
5.9 M
Capital Research Global Investors2023-12-31
5.1 M
Amundi2023-12-31
M
Vanguard Group Inc2023-12-31
55.9 M
Blackrock Inc2023-12-31
50.8 M
Note, although Danaher's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Danaher Market Capitalization

The company currently falls under 'Mega-Cap' category with a total capitalization of 187.48 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Danaher's market, we take the total number of its shares issued and multiply it by Danaher's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Danaher Profitablity

Danaher's profitability indicators refer to fundamental financial ratios that showcase Danaher's ability to generate income relative to its revenue or operating costs. If, let's say, Danaher is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Danaher's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Danaher's profitability requires more research than a typical breakdown of Danaher's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 0.19 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.23 %, which entails that for every 100 dollars of revenue, it generated $0.23 of operating income.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.22  0.14 
Return On Capital Employed 0.07  0.06 
Return On Assets 0.06  0.05 
Return On Equity 0.09  0.15 

Management Efficiency

Danaher has Return on Asset of 0.0386 % which means that on every $100 spent on assets, it made $0.0386 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0776 %, implying that it generated $0.0776 on every 100 dollars invested. Danaher's management efficiency ratios could be used to measure how well Danaher manages its routine affairs as well as how well it operates its assets and liabilities. As of 04/24/2024, Return On Equity is likely to grow to 0.15, while Return On Tangible Assets are likely to drop 0.14. At this time, Danaher's Debt To Assets are relatively stable compared to the past year. As of 04/24/2024, Fixed Asset Turnover is likely to grow to 5.76, while Return On Tangible Assets are likely to drop 0.14.
Last ReportedProjected for Next Year
Book Value Per Share 72.62  76.25 
Net Current Asset Value 0.00  0.00 
Tangible Asset Value 0.00  0.00 
Tangible Book Value Per Share(12.04)(11.43)
Enterprise Value Over EBITDA 23.73  24.92 
Price Book Value Ratio 3.19  1.78 
Enterprise Value Multiple 23.73  24.92 
Price Fair Value 3.19  1.78 
Enterprise Value26.7 B28.1 B
The analysis of Danaher's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Danaher's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Danaher Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield
0.0043
Forward Dividend Yield
0.0043
Forward Dividend Rate
1.08
Beta
0.86

Technical Drivers

As of the 24th of April, Danaher shows the Downside Deviation of 1.13, mean deviation of 1.01, and Coefficient Of Variation of 1001.56. Danaher technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We have analyze and collected data for nineteen technical drivers for Danaher, which can be compared to its peers. Please confirm Danaher coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and semi variance to decide if Danaher is priced favorably, providing market reflects its regular price of 253.11 per share. Given that Danaher has jensen alpha of 0.0266, we urge you to verify Danaher's prevailing market performance to make sure the company can sustain itself at a future point.

Danaher Price Movement Analysis

Execute Study
The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Danaher middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Danaher. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Danaher Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Danaher insiders, such as employees or executives, is commonly permitted as long as it does not rely on Danaher's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Danaher insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Danaher Outstanding Bonds

Danaher issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Danaher uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Danaher bonds can be classified according to their maturity, which is the date when Danaher has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Danaher Predictive Daily Indicators

Danaher intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Danaher stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Danaher Corporate Filings

10Q
23rd of April 2024
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
ViewVerify
12th of April 2024
Other Reports
ViewVerify
1st of April 2024
Other Reports
ViewVerify
27th of March 2024
Other Reports
ViewVerify
F4
5th of March 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
27th of February 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
23rd of February 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
10K
21st of February 2024
Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance
ViewVerify

Danaher Forecast Models

Danaher's time-series forecasting models are one of many Danaher's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Danaher's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Danaher Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Danaher prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Danaher shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Danaher. By using and applying Danaher Stock analysis, traders can create a robust methodology for identifying Danaher entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.21  0.11 
Operating Profit Margin 0.22  0.12 
Net Profit Margin 0.20  0.21 
Gross Profit Margin 0.59  0.34 

Current Danaher Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Danaher analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Danaher analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
246.83Strong Buy26Odds
Danaher current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Danaher analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Danaher stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Danaher, talking to its executives and customers, or listening to Danaher conference calls.
Danaher Analyst Advice Details

Danaher Stock Analysis Indicators

Danaher stock analysis indicators help investors evaluate how Danaher stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Danaher shares will generate the highest return on investment. By understating and applying Danaher stock analysis, traders can identify Danaher position entry and exit signals to maximize returns.
Begin Period Cash FlowB
Total Stockholder Equity53.5 B
Capital Lease Obligations1.1 B
Property Plant And Equipment Net4.6 B
Cash And Short Term Investments5.9 B
Cash5.9 B
50 Day M A248.7162
Net Interest Income-57 M
Total Current Liabilities8.3 B
Forward Price Earnings31.4465
Investments-1.9 B
Interest Expense286 M
Stock Based Compensation306 M
Long Term Debt16.7 B
Common Stock Shares Outstanding743.1 M
Tax Provision863 M
Quarterly Earnings Growth Y O Y-0.251
Accounts Payable1.8 B
Net Debt13.7 B
Other Operating Expenses8.8 B
Non Current Assets Total70.6 B
Liabilities And Stockholders Equity84.5 B
Non Currrent Assets Other3.6 B
When determining whether Danaher is a strong investment it is important to analyze Danaher's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Danaher's future performance. For an informed investment choice regarding Danaher Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Danaher. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
To learn how to invest in Danaher Stock, please use our How to Invest in Danaher guide.
Note that the Danaher information on this page should be used as a complementary analysis to other Danaher's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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When running Danaher's price analysis, check to measure Danaher's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Danaher is operating at the current time. Most of Danaher's value examination focuses on studying past and present price action to predict the probability of Danaher's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Danaher's price. Additionally, you may evaluate how the addition of Danaher to your portfolios can decrease your overall portfolio volatility.
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Is Danaher's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Danaher. If investors know Danaher will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Danaher listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.25)
Dividend Share
1.05
Earnings Share
5.44
Revenue Per Share
32.107
Quarterly Revenue Growth
(0.03)
The market value of Danaher is measured differently than its book value, which is the value of Danaher that is recorded on the company's balance sheet. Investors also form their own opinion of Danaher's value that differs from its market value or its book value, called intrinsic value, which is Danaher's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Danaher's market value can be influenced by many factors that don't directly affect Danaher's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Danaher's value and its price as these two are different measures arrived at by different means. Investors typically determine if Danaher is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Danaher's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.