Danaher Corporation (NYSE:DHR) Getting Somewhat Favorable Media Coverage, Analysis Finds

News articles about Danaher Corporation (NYSE:DHR) have trended somewhat positive on Tuesday, according to Accern Sentiment. The research group rates the sentiment of media coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Danaher Corporation earned a coverage optimism score of 0.24 on Accern’s scale. Accern also assigned media coverage about the conglomerate an impact score of 79 out of 100, meaning that recent media coverage is likely to have an impact on the stock’s share price in the next few days.

These are some of the news headlines that may have effected Accern Sentiment Analysis’s analysis:

Several equities research analysts recently issued reports on DHR shares. Janney Montgomery Scott downgraded Danaher Corporation from a “buy” rating to a “neutral” rating in a report on Wednesday, June 7th. BidaskClub upgraded Danaher Corporation from a “sell” rating to a “hold” rating in a research report on Wednesday, June 21st. Deutsche Bank AG restated a “buy” rating and set a $97.00 target price on shares of Danaher Corporation in a report on Wednesday, June 21st. Zacks Investment Research raised Danaher Corporation from a “hold” rating to a “buy” rating and set a $96.00 price objective for the company in a research report on Tuesday, April 4th. Finally, Credit Suisse Group restated a “buy” rating and issued a $93.00 price target on shares of Danaher Corporation in a research note on Wednesday, May 24th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the stock. Danaher Corporation has a consensus rating of “Buy” and a consensus price target of $92.11.

Danaher Corporation (DHR) opened at 85.47 on Tuesday. The firm’s 50-day moving average is $84.47 and its 200 day moving average is $83.63. Danaher Corporation has a 1-year low of $75.71 and a 1-year high of $88.01. The firm has a market cap of $59.33 billion, a PE ratio of 26.05 and a beta of 1.05.

Danaher Corporation (NYSE:DHR) last announced its quarterly earnings results on Thursday, April 20th. The conglomerate reported $0.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.84 by $0.01. The business had revenue of $4.21 billion during the quarter, compared to the consensus estimate of $4.17 billion. Danaher Corporation had a return on equity of 11.82% and a net margin of 12.30%. The company’s quarterly revenue was up 7.2% on a year-over-year basis. During the same quarter last year, the firm posted $1.08 EPS. On average, equities analysts forecast that Danaher Corporation will post $3.93 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 28th. Shareholders of record on Friday, June 30th will be issued a $0.14 dividend. The ex-dividend date is Wednesday, June 28th. This represents a $0.56 dividend on an annualized basis and a yield of 0.66%. Danaher Corporation’s payout ratio is currently 17.02%.

In other news, SVP Angela S. Lalor sold 10,815 shares of the firm’s 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 transaction, the senior vice president now directly owns 39,020 shares in the company, valued at approximately $3,283,923.20. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Thomas Patrick Joyce, Jr. sold 54,006 shares of Danaher Corporation stock in a transaction dated Friday, April 21st. The stock was sold at an average price of $82.52, for a total value of $4,456,575.12. Following the completion of the sale, the insider now directly owns 142,157 shares in the company, valued at $11,730,795.64. The disclosure for this sale can be found here. Insiders have sold a total of 82,265 shares of company stock worth $6,815,839 in the last ninety days. Insiders own 12.20% of the company’s stock.

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Danaher Corporation Company Profile

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.

Insider Buying and Selling by Quarter for Danaher Corporation (NYSE:DHR)

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