Danaher (DHR) Given Daily News Sentiment Rating of 0.10
Media coverage about Danaher (NYSE:DHR) has been trending somewhat positive recently, according to Alpha One Sentiment. The research group, a service of Accern, identifies negative and positive media coverage by monitoring more than twenty million blog and news sources in real time. Alpha One ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Danaher earned a news sentiment score of 0.10 on Alpha One’s scale. Alpha One also gave news articles about the conglomerate an impact score of 93 out of 100, indicating that recent media coverage is extremely likely to have an impact on the stock’s share price in the near future.
Here are some of the news articles that may have effected AlphaOne’s analysis:
- Danaher Co. (DHR) Cut to “Hold” at Zacks Investment Research (americanbankingnews.com)
- Danaher Corporation (NYSE:DHR) Released Its Results For The Q1 Of 2017 (emarketsdaily.com)
- Edited Transcript of DHR earnings conference call or presentation 20-Apr-17 12:00pm GMT (finance.yahoo.com)
- Danaher Corp. breached its 50 day moving average in a Bearish Manner : DHR-US : April 21, 2017 (finance.yahoo.com)
- Royal Bank of Canada Trims Danaher Co. (DHR) Target Price to $88.00 (americanbankingnews.com)
Danaher (NYSE:DHR) traded down 1.44% during mid-day trading on Friday, reaching $81.70. 7,636,522 shares of the company traded hands. The firm has a market capitalization of $56.64 billion, a price-to-earnings ratio of 22.37 and a beta of 1.00. Danaher has a 52 week low of $72.34 and a 52 week high of $102.79. The stock’s 50 day moving average price is $86.21 and its 200 day moving average price is $81.56.
Danaher (NYSE:DHR) last released its earnings results on Thursday, April 20th. The conglomerate reported $0.85 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.84 by $0.01. The company had revenue of $4.21 billion for the quarter, compared to analyst estimates of $4.17 billion. Danaher had a net margin of 12.84% and a return on equity of 12.38%. The firm’s quarterly revenue was up 7.2% on a year-over-year basis. During the same period in the prior year, the firm earned $1.08 EPS. Equities analysts forecast that Danaher will post $3.95 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Friday, April 28th. Shareholders of record on Friday, March 31st will be issued a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a yield of 0.69%. This is a positive change from Danaher’s previous quarterly dividend of $0.13. The ex-dividend date is Wednesday, March 29th. Danaher’s dividend payout ratio is 13.66%.
A number of equities research analysts recently commented on DHR shares. Credit Suisse Group AG raised shares of Danaher from a “neutral” rating to an “outperform” rating and increased their target price for the company from $80.00 to $93.00 in a research report on Wednesday, February 1st. Vetr upgraded shares of Danaher from a “buy” rating to a “strong-buy” rating and set a $89.84 price target on the stock in a research note on Monday, January 23rd. Royal Bank of Canada set a $84.00 price target on shares of Danaher and gave the company a “hold” rating in a research note on Monday, January 2nd. Citigroup Inc upgraded shares of Danaher from a “neutral” rating to a “buy” rating and set a $98.00 price target on the stock in a research note on Friday, February 24th. Finally, Jefferies Group LLC upped their price target on shares of Danaher from $93.00 to $95.00 and gave the company a “buy” rating in a research note on Wednesday, February 1st. Four investment analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $93.92.
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In other Danaher news, insider Brian W. Ellis sold 983 shares of the company’s stock in a transaction dated Tuesday, February 28th. The shares were sold at an average price of $86.00, for a total value of $84,538.00. Following the transaction, the insider now directly owns 6,174 shares in the company, valued at approximately $530,964. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, SVP Robert S. Lutz sold 37,870 shares of the company’s stock in a transaction dated Friday, February 24th. The shares were sold at an average price of $85.60, for a total transaction of $3,241,672.00. Following the completion of the transaction, the senior vice president now owns 27,475 shares in the company, valued at $2,351,860. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 60,009 shares of company stock worth $5,106,487. 12.60% of the stock is owned by insiders.
Danaher Corporation (Danaher) designs, manufactures and markets professional, medical, industrial and commercial products and services. The Company operates through four segments: Life Sciences, which offers a range of research tools that scientists use to study the basic building blocks of life, including genes, proteins, metabolites and cells, in order to understand the causes of disease, identify new therapies and test new drugs and vaccines; Diagnostics; which offers analytical instruments, reagents, consumables, software and services; Dental, which provides products that are used to diagnose, treat and prevent disease and ailments of the teeth, gums and supporting bone, and Environmental & Applied Solutions, which consists of various lines of business, including water quality and product identification.
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