Trending Stock: Danaher Corporation (NYSE: DHR)

On Tuesday, Shares of Danaher Corporation (NYSE: DHR) lost -0.58% to $102.80. The stock opened its trade at $103.89 and after floating in a price range of $102.56 to $104.29; the stock grabbed the investor’s attention and traded 2,060,033 shares as compared to its average daily volume of 2.61M shares. The stock’s institutional ownership stands at 80.10%.

Danaher Corporation (DHR) recently declared results for the fourth quarter and full year 2017. For the quarter ended December 31, 2017, net earnings were $856.60M, or $1.21 per diluted share which represents a 13.0% year-over-year increase.

For the full year 2017, net earnings were $2.50B, or $3.50 per diluted share which represents a 13.5% year-over-year increase. Non-GAAP adjusted diluted net earnings per share for 2017 was $4.03 per share, which represents an 11.5% increase over the comparable 2016 amount. Revenues for the full year 2017 increased 8.5% to $18.30B, with non-GAAP core revenue growth of 3.5%. The Company generated strong operating cash flow of $3.50B for the full year 2017.

DHR has a market value of $70.24B while its EPS was booked as $3.50 in the last 12 months. The stock has 683.25M shares outstanding. In the profitability analysis, the company has gross profit margin of 55.60% while net profit margin was 13.60%. Beta value of the company was 1.06; beta is used to measure riskiness of the security. Analyst recommendation for this stock stands at 1.90.

Leon Constant

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