Danaher Corporation Stock Buy Recommendation Reiterated (DHR)
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- DHR's revenue growth has slightly outpaced the industry average of 2.1%. Since the same quarter one year prior, revenues slightly increased by 5.5%. This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share.
- DHR's debt-to-equity ratio is very low at 0.28 and is currently below that of the industry average, implying that there has been very successful management of debt levels. Along with the favorable debt-to-equity ratio, the company maintains an adequate quick ratio of 1.18, which illustrates the ability to avoid short-term cash problems.
- DANAHER CORP has improved earnings per share by 12.7% in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. We feel that this trend should continue. During the past fiscal year, DANAHER CORP increased its bottom line by earning $3.23 versus $2.77 in the prior year. This year, the market expects an improvement in earnings ($3.45 versus $3.23).
- The net income growth from the same quarter one year ago has exceeded that of the S&P 500 and the Industrial Conglomerates industry average. The net income increased by 10.4% when compared to the same quarter one year prior, going from $570.71 million to $630.40 million.
- The gross profit margin for DANAHER CORP is rather high; currently it is at 56.30%. It has increased from the same quarter the previous year. Along with this, the net profit margin of 12.67% is above that of the industry average.
--Written by a member of TheStreet Ratings Staff. Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks for 14-days FREE.
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