Danaher (DHR) Is Today's Unusual Social Activity Stock
Trade-Ideas LLC identified
(
) as an unusual social activity candidate. In addition to specific proprietary factors, Trade-Ideas identified Danaher as such a stock due to the following factors:
- DHR has 15x the normal benchmarked social activity for this time of the day compared to its average of 4.65 mentions/day.
- DHR has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $261.2 million.
Identifying stocks with 'Unusual Social Activity' tends to be a valuable process for traders looking to capitalize on the 'talk of the town' stocks that are basking in far more attention from the StockTwits financial community than normal. Good press? Bad press? It ultimately doesn't matter if it's good or bad if you know how to trade around the sentiment. Certain hedge funds use such data for their proprietary algorithms and it is not uncommon to see shared social sentiment play itself out in a stock's price trend.
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More details on DHR:
Danaher Corporation designs, manufactures, and markets professional, medical, industrial, and commercial products and services worldwide. The stock currently has a dividend yield of 0.8%. DHR has a PE ratio of 2. Currently there are 11 analysts that rate Danaher a buy, no analysts rate it a sell, and 4 rate it a hold.
The average volume for Danaher has been 3.7 million shares per day over the past 30 days. Danaher has a market cap of $56.0 billion and is part of the industrial goods sector and industrial industry. The stock has a beta of 1.10 and a short float of 1.2% with 2.12 days to cover. Shares are up 13.9% year-to-date as of the close of trading on Friday.
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Analysis:
rates Danaher as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, reasonable valuation levels and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.
Highlights from the ratings report include:
- DHR's revenue growth has slightly outpaced the industry average of 5.7%. Since the same quarter one year prior, revenues rose by 14.8%. Growth in the company's revenue appears to have helped boost the earnings per share.
- Looking at where the stock is today compared to one year ago, we find that it is not only higher, but it has also clearly outperformed the rise in the S&P 500 over the same period. Although other factors naturally played a role, the company's strong earnings growth was key. Turning our attention to the future direction of the stock, it goes without saying that even the best stocks can fall in an overall down market. However, in any other environment, this stock still has good upside potential despite the fact that it has already risen in the past year.
- DANAHER CORP has improved earnings per share by 39.7% 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 year. We feel that this trend should continue. During the past fiscal year, DANAHER CORP increased its bottom line by earning $3.68 versus $3.56 in the prior year. This year, the market expects an improvement in earnings ($4.20 versus $3.68).
- Net operating cash flow has increased to $772.80 million or 47.59% when compared to the same quarter last year. In addition, DANAHER CORP has also vastly surpassed the industry average cash flow growth rate of -17.43%.
- You can view the full Danaher Ratings Report.
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