Earnings is just around the corner for Danaher Corp. (NYSE:DHR) as the firm is slated to issue their report on 10/20/2016 8:30:00 AM. The firm has most recently posted quarter over quarter growth of -5.50% and sales growth of 16.60% quarter over quarter.
In terms of the trend lines, Danaher Corp. (NYSE:DHR) shares are currently -7.54% off of their 52-week high and 24.46% off from the 52-week low point. The stock is 3.52% from the 200-day moving average and -3.45% from the 50-day average. The Relative Strength Index for the stock stands at 39.16.
Increased volatility should be expected heading into and immediately after the Danaher Corp. (NYSE:DHR) earnings report. According to the most recent data, the average true range stands at 1.04 which is a measure of the most recent volatility. The number is an exponential 14-day moving average of the True Ranges (range of each trading day’s high and low). The average volatility for the week stands at 1.32% and 1.13% for the past month. The relative volume (ratio between current volume and 3-month average) stands at 1.12.
So is there any potential upside for the stock if Danaher Corp. is able to meet or beat earnings? Analysts, on a consensus basis have a $87.50 on the stock, compared to a recent bid of $76.29. The average broker recommendation yields a score of 1.80, which is an integer based calculation from all of the buy, sell and hold recommendations from sell-side analysts.
Heading into the earnings report, 0.20% shares are held by company insiders. On the institutional front, 77.90% of Danaher Corp. (NYSE:DHR) are owned by firms or funds. Over the past few months, insider transactions have trended -21.25% while institutions saw a change of 0.10% in company stock.
Year to date, Danaher Corp. (NYSE:DHR) holders have seen returns of 8.76%. Over the past month the stock moved -0.15% and most recently shares over the past five trading days have moved -2.69%.