Danaher Corp. (DHR) Stock Forecast & Predictions

Danaher Corp. DHR: $252.92

2200 Pennsylvania Ave NW Ste 800W, Washington, Washington Dc, US. | Sector: Manufacturing | Exchange: NEW YORK STOCK EXCHANGE, INC. | Web: https://www.danaher.com/

  • Market Cap$174.27B
  • Change (52 Weeks)53.08%
  • Low (52 Weeks)$155.03
  • Danaher Corp. (DHR) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 18.75% are on Buy, 31.25% on Sell, and 50.00% Neutral.

    According to the market data, Danaher Corp. (DHR) stock price is $252.92 and the 52 weeks low is $155.03, which means the Danaher Corp. stock price is up 53.08% in the last 12 months.

    Danaher Corp. (DHR) Stock Price is not Trending currently as per the Weekly Chart, which means the price may range between specific high and low levels for the next few months, unless some significant changes take place in the market performance or news.

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 18.75% are indicating that DHR Stock price might rise further, 31.25% indicating that DHR Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall DHR stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Danaher Corp. (DHR) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Danaher Corp. (DHR) is based on 26 Institutional Analyst Ratings where 57.69% are on Strong Buy, 30.77% on Moderate Buy, 11.54% remains on Hold, 0.00% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 26 Institutional Analysts, majority recommended DHR stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Danaher Corp..

    Danaher Corp. (DHR) Stock Price Prediction By Analysts


    HighLowAverage
    $304.50$247.45$274.50
    $274.508.53% Upside
    Updated: 2021-04-22 00:00:00

    The Average Price target for DHR set by the institutional analysts is $274.50 where High Estimate is $304.50, Median $277.44 and Low $247.45.

    The average price target for DHR by Institutional Analysts is $274.50, which is 8.53% Upside from the current price. So according to the Institutional Analysts, DHR Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Danaher Corp. (DHR) Stock Forecast Based on Investor Sentiment


    Moderately Negative

    Based on 388,226 investor portfolio.

    Our algorithm has analysed 388,226 investor portfolio with DHR stock holdings and found that 37.00% of them are bullish. Which means the Investor Sentiment is mostly Moderately Negative.

    This shows most investors think DHR stock is moderately overvalued currently and some of them have already closed their DHR position and don't intend to buy anymore at this stage.

    Danaher Corp. (DHR) Stock Forecast Based on News Sentiment


    Bullish
    Based on 17 articles published Last Week, where 100.00% are Bullish and 0.00% are Bearish.

    According to the news articles published last week, most journalists and bloggers talked positively about DHR, it shows that Danaher Corp. had a 100.00% positive news coverage.

    Positive news coverage usually affects short-term price of a stock, so this positive coverage provides an indication that DHR stock price may surge in the next few weeks.

    Danaher Corp. (DHR) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    BarclaysOverweightInitiated
    Credit SuisseOutperformMaintained
    RBC CapitalSector PerformDowngraded
    KeyBancOverweightInitiated
    UBSBuyMaintained
    NeedhamBuyMaintained
    StifelHoldMaintained
    JefferiesBuyMaintained
    B of A SecuritiesBuyMaintained
    Credit SuisseOutperformMaintained
    NeedhamBuyMaintained
    RBC CapitalOutperformMaintained
    StifelHoldMaintained
    CitigroupBuyMaintained
    B of A SecuritiesBuyReiterated
    Wells FargoOverweightMaintained
    CitigroupBuyMaintained
    StifelHoldMaintained
    Wells FargoOverweightMaintained
    RBC CapitalOutperformUpgraded
    CitigroupBuyMaintained
    NeedhamBuyMaintained
    Stifel NicolausHoldMaintained
    CitigroupBuyMaintained
    BairdOutperformMaintained
    B of A SecuritiesBuyMaintained
    UBSNeutralMaintained
    Wells FargoOverweightInitiated
    CitigroupBuyInitiated
    NeedhamBuyMaintained
    Credit SuisseOutperformMaintained
    UBSBuyMaintained
    Piper JaffrayNeutralInitiated
    NeedhamBuyInitiated
    BairdOutperformMaintained
    Morgan StanleyOverweightMaintained
    Morgan StanleyOverweightMaintained
    Morgan StanleyOverweightMaintained
    Stifel NicolausBuyMaintained
    Morgan StanleyOverweightMaintained
    Morgan StanleyOverweightMaintained
    Credit SuisseOutperformMaintained
    Deutsche BankBuyMaintained
    BarclaysOverweightInitiated
    ArgusBuyMaintained
    Stifel NicolausBuyMaintained
    Morgan StanleyOverweightMaintained
    Credit SuisseOutperformMaintained
    UBSBuyInitiated
    Morgan StanleyOverweightMaintained
    Credit SuisseOutperformMaintained
    BairdOutperformMaintained
    Morgan StanleyOverweightMaintained
    CitigroupBuyMaintained
    Wells FargoMarket PerformInitiated
    Janney CapitalNeutralDowngraded
    CitigroupBuyUpgraded
    Credit SuisseOutperformUpgraded
    Deutsche BankBuyInitiated
    Cowen & Co.OutperformUpgraded
    BarclaysOverweightMaintained
    CitigroupNeutralMaintained
    BarclaysOverweightMaintained
    Goldman SachsNeutralInitiated
    BernsteinOutperformUpgraded
    CitigroupNeutralMaintained
    Sterne Agee CRTNeutralMaintained
    CitigroupNeutralMaintained
    BarclaysOverweightMaintained
    BernsteinMarket PerformDowngraded
    Credit SuisseNeutralMaintained
    CitigroupNeutralInitiated
    BarclaysOverweightMaintained
    BarclaysOverweightMaintained
    Goldman SachsNeutralDowngraded
    BarclaysOverweightMaintained
    BarclaysOverweightMaintained
    Stifel NicolausBuyMaintained
    Leerink SwannOutperformInitiated
    RBC CapitalSector PerformMaintained
    Credit SuisseNeutralMaintained
    Morgan StanleyOverweightUpgraded
    BarclaysOverweightMaintained
    Stifel NicolausBuyMaintained
    Deutsche BankHoldMaintained
    BarclaysOverweightMaintained
    Stifel NicolausBuyMaintained
    JP MorganOverweightMaintained
    BarclaysOverweightMaintained
    JP MorganOverweightMaintained
    Morgan StanleyEqual-WeightDowngraded
    BarclaysOverweightMaintained
    JefferiesBuyMaintained
    FBR CapitalOutperformUpgraded
    Morgan StanleyOverweightMaintained
    Credit SuisseNeutralMaintained
    BarclaysOverweightMaintained
    BarclaysOverweightMaintained
    BTIG ResearchBuyInitiated
    BarclaysOverweightMaintained
    ISI GroupStrong BuyUpgraded
    S&P Capital IQSellDowngraded
    Bank of AmericaBuyUpgraded
    Morgan StanleyOverweightMaintained
    JefferiesBuyMaintained
    Deutsche BankHoldMaintained
    CitigroupBuyMaintained
    Tigress FinancialBuyInitiated
    Ladenburg ThalmannBuyMaintained
    UBSBuyMaintained
    JefferiesBuyMaintained
    Credit SuisseOutperformMaintained
    BMO CapitalOutperformMaintained
    BarclaysOverweightMaintained
    ISI GroupBuyMaintained
    JefferiesBuyMaintained
    ISI GroupBuyUpgraded
    Deutsche BankHoldMaintained
    ISI GroupMarket WeightMaintained
    JP MorganOverweightMaintained
    ISI GroupMarket WeightMaintained
    Deutsche BankHoldInitiated
    JP MorganOverweightMaintained
    CitigroupBuyMaintained
    Morgan StanleyOverweightMaintained
    ISI GroupMarket WeightMaintained
    CitigroupBuyMaintained
    ISI GroupMarket WeightInitiated
    Morgan StanleyOverweightMaintained
    JP MorganOverweightMaintained
    JefferiesBuyMaintained

    Danaher Corp. (DHR) Stock Earning Per Share (EPS) Forecast / Estimate


    $1.829
    The average consensus EPS for DHR is $1.829 with a high estimate of $2.037 and Low of $1.675 for the period 2021-06-30 and based on 20 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $1.72$1.37694312020-09-30


    The latest average Earning Per Share Estimate for Danaher Corp. is $1.83, which is higher than DHR's last EPS, $1.72. This means that Analysts are expecting Danaher Corp. to report higher earnings. This can drive share prices higher since the investors have positive sentiment about market performance of Danaher Corp..

    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $1.72$1.37694312020-09-30
    $1.44$1.10254630000000022020-06-30
    $1.05$1.03066462020-03-31
    $1.28$1.26415642019-12-31
    $1.16$1.15995470000000012019-09-30
    $1.19$1.16850942019-06-30
    $1.07$1.0255542019-03-31
    $1.28$1.28449782018-12-31
    $1.1$1.08581059999999982018-09-30
    $1.15$1.09768822018-06-30
    $0.99$0.94567309999999992018-03-31
    $1.19$1.16982242017-12-31
    $1$0.96293400000000012017-09-30
    $0.99$0.97837690000000012017-06-30
    $0.85$0.85124822017-03-31
    $1.05$1.04047172016-12-31
    $0.87$0.83313892016-09-30
    $1.25$1.236242016-06-30
    $1.08$1.04104742016-03-31
    $1.27$1.28024572015-12-31
    $1.05$1.04748112015-09-30
    $1.08$1.05118780000000012015-06-30
    $0.93$0.94011810000000012015-03-31
    $1.04$1.03641149999999982014-12-31
    $0.9$0.90129372014-09-30
    $0.93$0.94939999999999992014-06-30
    $0.81$0.80744452014-03-31
    $0.96$0.96349962013-12-31
    $0.84$0.83666382013-09-30
    $0.87$0.86263092013-06-30
    $0.75$0.77154912013-03-31
    $0.87$0.873652012-12-31
    $0.77$0.79375900000000012012-09-30
    $0.81$0.81316112012-06-30
    $0.73$0.71270652012-03-31
    $0.81$0.79131482011-12-31
    $0.73$0.71085822011-09-30
    $0.69$0.67578092011-06-30
    $0.61$0.57572011-03-31
    $0.67$0.66981182010-12-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).