December 15th, 2015

Market Update: Danaher Corporation (NYSE:DHR) – Danaher To Present At Electrical Products Group Conference

[PR Newswire] – WASHINGTON, May 12, 2016 /PRNewswire/ — Danaher Corporation (NYSE: DHR) announced that President and Chief Executive Officer, Thomas P. Joyce, Jr. will be presenting at the Electrical Products Group Conference … Read more on this. Danaher Corp. (DHR) , with a current market cap of $67.57B, opened at $98.04. A quick look at the market, the company’s stock traded between $97.38 and $98.36 with the price of the stock fluctuating between $81.25 to $98.78 over the last 52 weeks. DHR shares are currently priced at 19.90x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 13.60x forward p/e ratio. And for income investors, the company pays shareholders $0.64 per share annually in dividends, yielding 0.65%. According to a consensus of 17 analysts, the earnings estimate of $1.23 per share would be $0.15 better than the year-ago quarter and a $0.00 sequential decrease. In looking at the bigger picture, the full-year EPS estimate of $4.92 would be a $0.62 better when compared to the previous year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $5.76 Billion. If realized, that would be a 12.28% increase over the year-ago quarter. More recently, Bernstein downgraded DHR from Outperform to Mkt Perform (Apr 4, 2016). Previously, Sterne Agee CRT Initiated DHR at to Neutral. Given all the information above, we should disclose to readers that the average price target is $103.50, which is 5.57% above than it opened this morning. See more in (NYSE:DHR) Similar Articles: Market Update: Danaher Corporation (NYSE:DHR) – Danaher Announces Quarterly Dividend Company Update: Danaher Corporation (NYSE:DHR) – Danaher Schedules First Quarter 2016 Earnings Conference Call Market Update: Danaher Corporation (NYSE:DHR) – Danaher Reports Record Fourth Quarter And Full Year 2015 Results
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