Danaher Stock Today

DHR Stock  USD 248.77  0.58  0.23%   

Performance

7 of 100

 
Low
 
High
OK

Odds Of Distress

Less than 3

 
100  
 
Zero
Very Low
Danaher is selling at 248.77 as of the 28th of March 2024; that is 0.23 percent up since the beginning of the trading day. The stock's lowest day price was 247.08. Danaher has a very small chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Danaher are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of April 2023 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Health Care Equipment & Services
IPO Date
5th of January 1979
Category
Healthcare
Classification
Health Care
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. The company has 739.7 M outstanding shares of which 6.07 M shares are currently shorted by investors with about 2.32 days to cover. More on Danaher

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Danaher Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Danaher's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Danaher or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Danaher's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Danaher's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
CEORainer Blair
Thematic Ideas
(View all Themes)
Old NameNewPeak Metals Limited
Business ConcentrationHealth Care Equipment & Supplies, Health Care Equipment & Services, Health Care, NYSE Composite, SP 500 Index, SP 100 Index, SP 100, NYSE US 100, ARCA Institutional, Healthcare, Measuring and Control Equipment, SRI Sustainable Growth, Health Care, Health Care Equipment & Supplies, Diagnostics & Research, Healthcare (View all Sectors)
Excise Tax ActivitiesAnimal TestingCatholic
Average Analyst Recommendation
Analysts covering Danaher report their recommendations after researching Danaher's financial statements, talking to executives and customers, or listening in on Danaher's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Danaher. The Danaher consensus assessment is calculated by taking the average forecast from all of the analysts covering Danaher.
Financial Strength
Based on the analysis of Danaher's profitability, liquidity, and operating efficiency, Danaher is doing better financially then in previous quarter. It has a moderate probability of reporting better financial numbers in April. Financial strength of Danaher is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.05240.0564
Significantly Down
Very volatile
Asset Turnover0.270.2828
Sufficiently Down
Slightly volatile
Gross Profit Margin0.340.5874
Way Down
Slightly volatile
Net Debt14.4 B13.7 B
Sufficiently Up
Slightly volatile
Total Current Liabilities8.7 B8.3 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total23.9 B22.7 B
Sufficiently Up
Slightly volatile
Total Assets88.7 B84.5 B
Sufficiently Up
Slightly volatile
Total Current Assets14.6 B13.9 B
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities7.5 B7.2 B
Sufficiently Up
Slightly volatile
Danaher's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Danaher's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Danaher's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Danaher's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Danaher's financial leverage. It provides some insight into what part of Danaher's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Danaher's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Danaher deploys its capital and how much of that capital is borrowed.
Liquidity
Danaher cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 19.54 B in debt with debt to equity (D/E) ratio of 0.43, which is OK given its current industry classification. Danaher has a current ratio of 1.74, which is typical for the industry and considered as normal. Debt can assist Danaher until it has trouble settling it off, either with new capital or with free cash flow. So, Danaher's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Danaher sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Danaher to invest in growth at high rates of return. When we think about Danaher's use of debt, we should always consider it together with cash and equity.

Depreciation

2.27 Billion
Danaher (DHR) is traded on New York Stock Exchange in USA. It is located in 2200 Pennsylvania Avenue, North West, Washington, DC, United States, 20037-1701 and employs 61,000 people. Danaher is listed under Health Care Equipment & Supplies category by Fama And French industry classification. The company currently falls under 'Mega-Cap' category with a total capitalization of 184.24 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 runs under Health Care Equipment & Supplies sector within Health Care industry. The entity has 739.7 M outstanding shares of which 6.07 M shares are currently shorted by investors with about 2.32 days to cover. Danaher has about 6 B in cash with 7.16 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.07.
Check Danaher Probability Of Bankruptcy
Ownership Allocation
Danaher holds a total of 739.7 Million outstanding shares. The majority of Danaher outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Danaher to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Danaher. Please pay attention to any change in the institutional holdings of Danaher as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Danaher Ownership Details

Danaher Stock Price Odds Analysis

In regard to a normal probability distribution, the odds of Danaher jumping above the current price in 90 days from now is about 28.21%. The Danaher probability density function shows the probability of Danaher stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.2135 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Danaher will likely underperform. Additionally, danaher has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 248.77HorizonTargetOdds Above 248.77
71.55%90 days
 248.77 
28.21%
Based on a normal probability distribution, the odds of Danaher to move above the current price in 90 days from now is about 28.21 (This Danaher probability density function shows the probability of Danaher Stock to fall within a particular range of prices over 90 days) .

Danaher Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Danaher that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Danaher's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Danaher's value.
InstituionRecorded OnShares
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
View Danaher Diagnostics

Danaher Historical Income Statement

Danaher Income Statement is one of the three primary financial statements used for reporting Danaher's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Danaher revenue and expense. Danaher Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Danaher's Cost Of Revenue is relatively stable compared to the past year. As of 03/28/2024, Total Operating Expenses is likely to grow to about 9.3 B, while Other Operating Expenses is likely to drop slightly above 8.6 B. View More Fundamentals

Danaher Stock Against Markets

Picking the right benchmark for Danaher stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Danaher stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Danaher is critical whether you are bullish or bearish towards Danaher at a given time. Please also check how Danaher's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Danaher without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Danaher Corporate Directors

Danaher corporate directors refer to members of a Danaher board of directors. The board of directors generally takes responsibility for the Danaher's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Danaher's board members must vote for the resolution. The Danaher board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
A SandersIndependent DirectorProfile
Robert HuginDirectorProfile
John SchwietersIndependent DirectorProfile
Linda FillerLead Independent DirectorProfile

How to buy Danaher Stock?

Before investing in Danaher, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Danaher. To buy Danaher stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Danaher. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Danaher stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Danaher stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Danaher stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Danaher, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Danaher Stock please use our How to Invest in Danaher guide.

Already Invested in Danaher?

The danger of trading Danaher is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Danaher is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Danaher. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Danaher is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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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
(0.51)
Dividend Share
1.05
Earnings Share
5.64
Revenue Per Share
32.437
Quarterly Revenue Growth
(0.23)
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.