Stock price performance of Danaher Corporation is analyzed for various periods using several stock trading signals. In this case, The stock price has rallied 3.4% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 3.65% . Looking at the past 52 week period, the stock price is down -1.59% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of Danaher Corporation has a negative value of -17.94 compared to overall market performance. For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a 20-day Moving Average of 0.98% and the 50-Day Moving Average is 2.26%.The 200 Day SMA reached 4.24%
Based on the Stock Research Danaher Corporation Relative Strength Index signal is in over bought territory with a range of 70.28. Danaher Corporation (NYSE:DHR) has climbed 3.37% in the past week and advanced 4.05% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 3.25% and the outperformance has advanced to 3.13% for the last 4 weeks period.
Company has reported several Insider transactions to the SEC, on Feb 3, 2017, Daniel Raskas (SVP-Corporate Development) sold 34,168 shares at 84.00 per share price.On Feb 3, 2017, Robert S Lutz (SVP-Chief Accounting Officer) sold 34,168 shares at 84.10 per share price.On Feb 3, 2017, Daniel L Comas (EVP & CFO) sold 65,000 shares at 83.49 per share price.
Danaher Corporation Last issued its quarterly earnings results on Jan 31, 2017. The company reported $1.05 EPS for the quarter, beating the analyst consensus estimate by $ 0.02. Analyst had a consensus of $1.03. The company had revenue of $4584.30 million for the quarter, compared to analysts expectations of $4538.42 million. The companys revenue was up 6.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.91 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Danaher Corporation was Initiated by Credit Suisse on Feb 1, 2017 to Outperform, Price Target of the shares are set at $93.Danaher Corporation was Initiated by Deutsche Bank on Jan 18, 2017 to Buy, Price Target of the shares are set at $88.Danaher Corporation was Resumed by Morgan Stanley to Overweight on Dec 13, 2016.
Danaher Corporation (NYSE:DHR) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.01 points or 0.01% at $83.69 with 1,713,853 shares getting traded. Post opening the session at $83.84, the shares hit an intraday low of $83.325 and an intraday high of $83.96 and the price was in this range throughout the day. The company has a market cap of $57,930 million and the number of outstanding shares has been calculated to be 692,200,000 shares. The 52-week high of Danaher Corporation (NYSE:DHR) is $84.74 and the 52-week low is $62.80094.
Danaher Corporation conducts its operations through two business segments: Process/Environmental Controls and Tools and Components. The Process/Environmental Controls segment produces and sells a range of products including compact, professional electronic test tools, quality assurance products and systems, and power protection products. The Tools and Components segment is a worldwide producer and distributor of general purpose mechanics hand tools and automotive specialty tools.