Danaher (NYSE:DHR) will be issuing its quarterly earnings data before the market opens on Thursday, April 19th. Analysts expect the company to announce earnings of $0.93 per share for the quarter. Danaher has set its Q1 guidance at $0.90-0.93 EPS and its FY18 guidance at $4.25-4.35 EPS.
Danaher (NYSE:DHR) last announced its quarterly earnings results on Tuesday, January 30th. The conglomerate reported $1.19 earnings per share for the quarter, beating the consensus estimate of $1.16 by $0.03. The firm had revenue of $5.09 billion for the quarter, compared to analysts’ expectations of $4.97 billion. Danaher had a net margin of 13.60% and a return on equity of 11.36%. The company’s revenue was up 10.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.05 EPS. On average, analysts expect Danaher to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.
Shares of DHR stock opened at $100.42 on Tuesday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.05 and a current ratio of 1.43. The stock has a market cap of $69,226.79, a PE ratio of 24.92, a PEG ratio of 1.91 and a beta of 1.03. Danaher has a twelve month low of $78.97 and a twelve month high of $104.82.
The company also recently declared a quarterly dividend, which will be paid on Friday, April 27th. Stockholders of record on Thursday, March 29th will be given a dividend of $0.16 per share. This is a boost from Danaher’s previous quarterly dividend of $0.14. The ex-dividend date of this dividend is Wednesday, March 28th. This represents a $0.64 annualized dividend and a dividend yield of 0.64%. Danaher’s payout ratio is presently 15.88%.
Several brokerages have recently weighed in on DHR. Credit Suisse Group reissued an “outperform” rating on shares of Danaher in a research report on Friday, March 9th. Cowen reissued a “buy” rating and set a $110.00 price target on shares of Danaher in a research report on Tuesday, January 30th. Royal Bank of Canada reissued a “hold” rating and set a $98.00 price target on shares of Danaher in a research report on Wednesday, January 31st. Argus boosted their price target on shares of Danaher from $100.00 to $115.00 and gave the company a “buy” rating in a research report on Thursday, February 1st. Finally, Morgan Stanley boosted their price target on shares of Danaher from $103.00 to $110.00 and gave the company an “overweight” rating in a research report on Wednesday, January 31st. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, seventeen have issued a buy rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $102.18.
In other Danaher news, insider Rainer Blair sold 3,981 shares of the business’s stock in a transaction dated Monday, February 26th. The shares were sold at an average price of $100.05, for a total transaction of $398,299.05. Following the sale, the insider now directly owns 49,751 shares in the company, valued at $4,977,587.55. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Angela S. Lalor sold 42,988 shares of the business’s stock in a transaction dated Friday, February 2nd. The stock was sold at an average price of $102.29, for a total transaction of $4,397,242.52. Following the sale, the senior vice president now owns 82,008 shares in the company, valued at $8,388,598.32. The disclosure for this sale can be found here. Insiders have sold 313,260 shares of company stock worth $31,657,786 over the last quarter. Insiders own 11.90% of the company’s stock.
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Danaher Company Profile
Danaher Corporation designs, manufactures, and markets professional, medical, industrial, and commercial products and services worldwide. The company's Life Sciences segment provides laser scanning, compound, surgical, and other stereo microscopes. This segment also offers filtration, separation, and purification technologies to the biopharmaceutical, food and beverage, medical, aerospace, microelectronics, and general industrial sectors.
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