Stock Update (NYSE:DHR): Danaher Reaffirms 2015 Guidance, Initiates 2016 Outlook

[PR Newswire] – WASHINGTON, Dec. 16, 2015 /PRNewswire/ — Ahead of an investor and analyst meeting to be held in New York, Danaher Corporation (NYSE: DHR) (the “Company”) reaffirmed the Company’s adjusted diluted … Read more on this. Danaher Corp. (DHR) , valued at $63.70B, began trading this morning at $93.01. During today’s session, DHR traded between $92.75 to $93.80 and has traded between $81.25 and $97.62 over the past 12 months. DHR shares are currently priced at 22.13x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 19.67x forward p/e ratio. The company pays shareholders $0.54 per share in dividend income per year, for a current yield of 0.58%. According to a consensus of 20 analysts, the earnings estimate of $1.25 per share would be $0.21 better than the year-ago quarter and a $0.01 sequential decrease. In looking at the bigger picture, the full-year EPS estimate of $4.22 would be a $0.47 improvement when compared to the previous year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $6.05 Billion. If reported, that would be a 11.62% increase over the year-ago quarter. More recently, Morgan Stanley upgraded DHR from Equal-Weight to Overweight (Jul 28, 2015). Previously, RBC Capital Mkts Initiated DHR at to Sector Perform. Given all the information above, we should disclose to readers that the average price target is $101.87, which is 9.53% above than it opened this morning. See more in (NYSE:DHR) Similar Articles: Stock Update: Danaher Corporation (NYSE:DHR) – Danaher Completes Acquisition Of Pall Corporation Stock Update: Danaher Corporation (NYSE:DHR) – Danaher Reports Record Second Quarter 2015 Results Company Update: Danaher Corporation (NYSE:DHR) – Danaher Sets Final Exchange Ratio in Split-Off Exchange Offer and Announces Automatic Extension of Exchange Offer to Midnight on July 13, 2015 in Connection with NetScout Transaction