Digging Up the Facts on Danaher Corporation (DHR)

Danaher Corporation (DHR) is an interesting player in the Industrial Goods space, with a focus on Diversified Machinery. The stock has been active on the tape, currently trading at $103.16, down from yesterday’s close by -0.08%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

Danaher Corporation (DHR) currently trades with a market capitalization of $71.93 Billion. That value represents a market adjusting for revenues that have been growing by 11.64 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of $3.15 Billion over the past twelve months. Generally speaking, earnings are expected to fall in coming quarters. Analysts are forecasting earnings of $1.09 on a per share basis this quarter. Perhaps, that suggests something about why 1.07% of the outstanding share supply is held by institutional investors.

Technical Analysis

It’s important to check the technicals to get a sense of how DHR has been acting. Looking at the stock’s movement on the chart, Danaher Corporation recorded a 52-week high of $104.82. It is now trading 1.66% off that level. The stock is trading $100.74 its 50-day moving average by -2.42%. The stock carved out a 52-week low down at $78.97.

In recent action, Danaher Corporation (DHR) has made a move of +0.48% over the past month, which has come on weak relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 14.11, and it’s gotten there by action that has been more volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 1.00% with $616.93 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of DHR.

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