Danaher Corporation with ticker code (DHR) have now 20 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The target price High/Low ranges between 326 and 270 suggesting an average Analsyt target price of $300.30. Now with the previous closing price of $251.67 this indicates there is a potential upside of 19.3%. The 50 day moving average now sits at $250.73 while the 200 day moving average is $264.07. The total market capitalization for the company now stands at $186,469m. Company Website: https://www.danaher.com
The potential market cap would be $222,500m based on the market consensus.
Danaher Corporation designs, manufactures, and markets professional, medical, industrial, and commercial products and services worldwide. The Biotechnology segments offers bioprocess technologies, consumables, and services; lab filtration, separation, and purification; lab-scale protein purification and analytical tools; reagents, membranes and services; and healthcare filtration solutions. The Life Sciences segment provides mass spectrometers; flow cytometry, genomics, lab automation, centrifugation, particle counting and characterization; microscopes; genomics consumables; and Gene and Cell Therapy to the pharmaceutical and biopharmaceutical, food and beverage, medical, and life sciences companies, as well as universities, medical schools and research institutions, and various industrial manufacturers. The Diagnostics segment provides chemistry, immunoassay, microbiology, and automation systems, as well as hematology, molecular, acute care, and pathology diagnostics products. This segment offers clinical instruments, reagents, consumables, software, and services for hospitals, physicians’ offices, reference laboratories, and other critical care settings. The Environmental & Applied Solutions segment offers instrumentation, consumables, software, services, and disinfection systems to analyze, treat, and manage ultra-pure, potable, industrial, waste, ground, source, and ocean water in residential, commercial, municipal, industrial, and natural resource applications. It also provides instruments, software, services, and consumables for various color and appearance management, packaging design and quality management, packaging converting, printing, marking, coding, and traceability applications for consumer, pharmaceutical, and industrial products. The company was formerly known as Diversified Mortgage Investors, Inc. and changed its name to Danaher Corporation in 1984. The company was founded in 1969 and is headquartered in Washington, the District of Columbia.
The company has a dividend yield of 0.43% with the ex dividend date set at 30-3-2023 (DMY).
Other points of data to note are a P/E ratio of 26.48, revenue per share of 43.4 and a 6.52% return on assets.
