Danaher Stock Buy Hold or Sell Recommendation
| DHR Stock | USD 245.80 4.61 1.84% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Danaher is 'Hold'. Macroaxis provides Danaher buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Danaher positions. The advice algorithm takes into account all of Danaher's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Danaher's buy or sell advice are summarized below:
Real Value 246.25 | Target Price 246.83 | Hype Value 245.45 | Market Value 245.8 | Naive Value 250.09 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Danaher given historical horizon and risk tolerance towards Danaher. When Macroaxis issues a 'buy' or 'sell' recommendation for Danaher, the advice is generated through an automated system that utilizes algorithms and statistical models.
Danaher |
Execute Danaher Buy or Sell Advice
The Danaher recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Danaher. Macroaxis does not own or have any residual interests in Danaher or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Danaher's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Modest | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Danaher Trading Alerts and Improvement Suggestions
| Danaher has a poor financial position based on the latest SEC disclosures | |
| Over 82.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from investing.com: Danaher stock target raised on strong 1Q results |
Danaher Returns Distribution Density
The distribution of Danaher's historical returns is an attempt to chart the uncertainty of Danaher's future price movements. The chart of the probability distribution of Danaher daily returns describes the distribution of returns around its average expected value. We use Danaher price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Danaher returns is essential to provide solid investment advice for Danaher.
| Mean Return | 0.13 | Value At Risk | -1.66 | Potential Upside | 2.47 | Standard Deviation | 1.52 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Danaher historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Danaher Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Danaher is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Danaher backward and forwards among themselves. Danaher's institutional investor refers to the entity that pools money to purchase Danaher's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Bank Of New York Mellon Corp | 2023-12-31 | 8.8 M | Northern Trust Corp | 2023-12-31 | 7.7 M | Norges Bank | 2023-12-31 | 7.6 M | Franklin Resources Inc | 2023-12-31 | 6.6 M | Edgewood Management Llc | 2023-12-31 | 6.4 M | Bank Of America Corp | 2023-12-31 | 6.1 M | Legal & General Group Plc | 2023-12-31 | 5.9 M | Capital Research Global Investors | 2023-12-31 | 5.1 M | Amundi | 2023-12-31 | 5 M | Vanguard Group Inc | 2023-12-31 | 55.9 M | Blackrock Inc | 2023-12-31 | 50.8 M |
Danaher Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (21.9M) | (123M) | (502M) | (486M) | 185M | 194.3M | |
| Change In Cash | 19.1B | (13.9B) | (3.4B) | 3.4B | (131M) | (124.5M) | |
| Free Cash Flow | 3.3B | 5.4B | 7.1B | 7.4B | 5.8B | 6.1B | |
| Depreciation | 1.2B | 1.8B | 2.2B | 2.2B | 2.2B | 2.3B | |
| Capital Expenditures | 635.5M | 791M | 1.3B | 1.2B | 1.4B | 1.5B | |
| Net Income | 2.4B | 3.6B | 6.3B | 7.2B | 4.2B | 4.4B | |
| End Period Cash Flow | 19.9B | 6.0B | 2.6B | 6.0B | 5.9B | 6.2B | |
| Other Non Cash Items | 709.4M | 457M | 601M | 830M | 2.1B | 2.2B | |
| Dividends Paid | 750.7M | 615M | 742M | 818M | 1.2B | 875.1M | |
| Investments | (241M) | (329M) | (808M) | (2.2B) | (1.9B) | (1.8B) | |
| Change Receivables | (156.4M) | (264M) | (611M) | (477M) | (429.3M) | (407.8M) | |
| Net Borrowings | 13.3B | (1.9B) | 2.1B | (1.7B) | (1.9B) | (1.8B) | |
| Change To Netincome | 37.8M | 243M | 415M | (223M) | (200.7M) | (190.7M) |
Danaher Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Danaher or Health Care Equipment & Supplies sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Danaher's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Danaher stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.01 | |
β | Beta against NYSE Composite | 1.35 | |
σ | Overall volatility | 1.51 | |
Ir | Information ratio | 0.03 |
Danaher Volatility Alert
Danaher has relatively low volatility with skewness of 1.93 and kurtosis of 7.16. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Danaher's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Danaher's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Danaher Implied Volatility
Danaher's implied volatility exposes the market's sentiment of Danaher stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Danaher's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Danaher stock will not fluctuate a lot when Danaher's options are near their expiration.
Danaher Fundamentals Vs Peers
Comparing Danaher's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Danaher's direct or indirect competition across all of the common fundamentals between Danaher and the related equities. This way, we can detect undervalued stocks with similar characteristics as Danaher or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Danaher's fundamental indicators could also be used in its relative valuation, which is a method of valuing Danaher by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Danaher to competition |
| Fundamentals | Danaher | Peer Average |
| Return On Equity | 0.0776 | -0.31 |
| Return On Asset | 0.0386 | -0.14 |
| Profit Margin | 0.19 % | (1.27) % |
| Operating Margin | 0.23 % | (5.51) % |
| Current Valuation | 197.71 B | 16.62 B |
| Shares Outstanding | 740.69 M | 571.82 M |
| Shares Owned By Insiders | 10.75 % | 10.09 % |
| Shares Owned By Institutions | 81.66 % | 39.21 % |
| Number Of Shares Shorted | 6.2 M | 4.71 M |
| Price To Earning | 29.97 X | 28.72 X |
| Price To Book | 3.32 X | 9.51 X |
| Price To Sales | 7.44 X | 11.42 X |
| Revenue | 14.03 B | 9.43 B |
| Gross Profit | 18.95 B | 27.38 B |
| EBITDA | 5.2 B | 3.9 B |
| Net Income | 4.22 B | 570.98 M |
| Cash And Equivalents | 6 B | 2.7 B |
| Cash Per Share | 7.07 X | 5.01 X |
| Total Debt | 19.54 B | 5.32 B |
| Debt To Equity | 0.43 % | 48.70 % |
| Current Ratio | 1.78 X | 2.16 X |
| Book Value Per Share | 72.16 X | 1.93 K |
| Cash Flow From Operations | 7.16 B | 971.22 M |
| Short Ratio | 2.36 X | 4.00 X |
| Earnings Per Share | 5.46 X | 3.12 X |
| Price To Earnings To Growth | 3.13 X | 4.89 X |
| Target Price | 269.01 | |
| Number Of Employees | 61 K | 18.84 K |
| Beta | 0.86 | -0.15 |
| Market Capitalization | 185.48 B | 19.03 B |
| Total Asset | 84.49 B | 29.47 B |
| Retained Earnings | 41.07 B | 9.33 B |
| Working Capital | 5.66 B | 1.48 B |
Note: Acquisition by Raymond Stevens of 140 shares of Danaher subject to Rule 16b-3 [view details]
Danaher Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Danaher . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 61915.04 | |||
| Daily Balance Of Power | (0.86) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 247.96 | |||
| Day Typical Price | 247.24 | |||
| Price Action Indicator | (4.46) | |||
| Period Momentum Indicator | (4.61) |
About Danaher Buy or Sell Advice
When is the right time to buy or sell Danaher? Buying financial instruments such as Danaher Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 22.2B | 19.7B | 19.5B | 20.5B | Total Assets | 83.2B | 84.4B | 84.5B | 88.7B |
Use Investing Ideas to Build Portfolios
In addition to having Danaher in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Basic Utilities Thematic Idea Now
Basic Utilities
Companies involved in production and distribution of electric, gas, water, and other energy utilities. The Basic Utilities theme has 37 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Basic Utilities Theme or any other thematic opportunities.
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Check out Danaher Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in Danaher Stock, please use our How to Invest in Danaher guide.Note that the Danaher information on this page should be used as a complementary analysis to other Danaher's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Complementary Tools for Danaher Stock analysis
When running Danaher's price analysis, check to measure Danaher's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Danaher is operating at the current time. Most of Danaher's value examination focuses on studying past and present price action to predict the probability of Danaher's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Danaher's price. Additionally, you may evaluate how the addition of Danaher to your portfolios can decrease your overall portfolio volatility.
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Is Danaher's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Danaher. If investors know Danaher will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Danaher listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.25) | Dividend Share 1.05 | Earnings Share 5.46 | Revenue Per Share 32.107 | Quarterly Revenue Growth (0.03) |
The market value of Danaher is measured differently than its book value, which is the value of Danaher that is recorded on the company's balance sheet. Investors also form their own opinion of Danaher's value that differs from its market value or its book value, called intrinsic value, which is Danaher's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Danaher's market value can be influenced by many factors that don't directly affect Danaher's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Danaher's value and its price as these two are different measures arrived at by different means. Investors typically determine if Danaher is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Danaher's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.