FBR Capital increased their price target on shares of Danaher (NYSE: DHR)
A number of other firms have also recently commented on DHR. Analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of Danaher in a research note to investors on Thursday, March 14th. They now have a $73.00 price target on the stock. Separately, analysts at TheStreet reiterated a “buy” rating on shares of Danaher in a research note to investors on Tuesday, March 12th. Finally, analysts at Langenberg & Company reiterated a “buy” rating on shares of Danaher in a research note to investors on Monday, March 4th. They now have a $66.00 price target on the stock, up previously from $62.00.
Six investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $63.58.
Shares of Danaher (NYSE: DHR) traded up 0.78% during mid-day trading on Monday, hitting $61.67. Danaher has a 52 week low of $49.18 and a 52 week high of $62.90. The stock’s 50-day moving average is currently $61.27. The company has a market cap of $42.567 billion and a P/E ratio of 18.20. Danaher (NYSE: DHR) last issued its quarterly earnings data on Tuesday, January 29th. The company reported $0.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.86 by $0.03. The company had revenue of $4.98 billion for the quarter, compared to the consensus estimate of $4.81 billion. During the same quarter in the prior year, the company posted $0.81 earnings per share. The company’s quarterly revenue was up 5.5% on a year-over-year basis. Danaher has set its Q1 guidance at $0.72-0.77 EPS and its FY13 guidance at $3.32-3.47 EPS. On average, analysts predict that Danaher will post $3.45 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Friday, April 26th. Stockholders of record on Thursday, March 28th will be given a dividend of $0.03 per share. This represents a $0.10 dividend on an annualized basis and a yield of 0.16%. The ex-dividend date of this dividend is Tuesday, March 26th.
Danaher Corporation (NYSE: DHR) designs, manufactures and markets professional, medical, industrial and commercial products and services.