Danaher Corporation (NYSE:DHR) Getting Somewhat Positive Press Coverage, Study Shows
News coverage about Danaher Corporation (NYSE:DHR) has been trending somewhat positive this week, Accern reports. Accern scores the sentiment of news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Danaher Corporation earned a daily sentiment score of 0.17 on Accern’s scale. Accern also assigned news coverage about the conglomerate an impact score of 46.3665656754096 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the news articles that may have effected Accern Sentiment’s rankings:
- Danaher Corporation (DHR) Stocks with Considerable Review- Steris Plc (STE) – Investing News Update (investingbizz.com)
- AGF Investments America Inc. Buys Medtronic PLC, Danaher Corp, Cummins Inc, Sells Mobileye NV, Acuity Brands Inc … – GuruFocus.com (gurufocus.com)
- Analysts Expect Danaher Corporation (NYSE:DHR) Will Announce Quarterly Sales of $4.46 Billion (americanbankingnews.com)
- Danaher Corporation (NYSE:DHR) Shares Bought by Watch Point Trust Co (footballhebdo.com)
- The Danaher Corporation (DHR) Downgraded by BidaskClub (lazeresportes.com)
Danaher Corporation (NYSE:DHR) traded down 0.05% during midday trading on Wednesday, reaching $80.23. 2,666,513 shares of the company were exchanged. Danaher Corporation has a 52-week low of $75.71 and a 52-week high of $88.01. The company has a market capitalization of $55.73 billion, a price-to-earnings ratio of 25.61 and a beta of 1.03. The company has a 50 day moving average of $83.66 and a 200-day moving average of $84.23.
Danaher Corporation (NYSE:DHR) last released its quarterly earnings data on Thursday, July 20th. The conglomerate reported $0.99 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.97 by $0.02. The firm had revenue of $4.51 billion during the quarter, compared to analysts’ expectations of $4.50 billion. Danaher Corporation had a return on equity of 11.15% and a net margin of 12.63%. Danaher Corporation’s revenue was up 6.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.90 earnings per share. On average, equities research analysts anticipate that Danaher Corporation will post $3.95 earnings per share for the current fiscal year.
A number of equities analysts have issued reports on DHR shares. Janney Montgomery Scott lowered shares of Danaher Corporation from a “buy” rating to a “neutral” rating in a research report on Wednesday, June 7th. BidaskClub lowered shares of Danaher Corporation from a “hold” rating to a “sell” rating in a research report on Saturday, July 8th. Cowen and Company reissued an “outperform” rating and set a $90.00 price target on shares of Danaher Corporation in a research report on Sunday, April 23rd. William Blair reissued an “outperform” rating on shares of Danaher Corporation in a research report on Sunday, April 23rd. Finally, Vetr raised shares of Danaher Corporation from a “buy” rating to a “strong-buy” rating and set a $94.18 price objective on the stock in a research note on Thursday, April 20th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company. Danaher Corporation currently has an average rating of “Buy” and a consensus target price of $91.76.
In other Danaher Corporation news, SVP Angela S. Lalor sold 10,815 shares of the stock in a transaction on Tuesday, May 23rd. The stock was sold at an average price of $84.16, for a total value of $910,190.40. Following the completion of the transaction, the senior vice president now owns 39,020 shares in the company, valued at $3,283,923.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Linda P. Hefner sold 10,578 shares of the stock in a transaction on Friday, July 21st. The stock was sold at an average price of $83.03, for a total value of $878,291.34. Following the completion of the transaction, the director now owns 42,151 shares of the company’s stock, valued at approximately $3,499,797.53. The disclosure for this sale can be found here. Insiders sold 38,623 shares of company stock valued at $3,206,426 in the last quarter. 12.20% of the stock is currently owned by company insiders.
About Danaher Corporation
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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