Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
) pushed the Industrial industry lower today making it today's featured Industrial laggard. The industry as a whole closed the day down 0.7%. By the end of trading, Danaher Corporation fell $0.91 (-1.2%) to $74.39 on average volume. Throughout the day, 3,188,599 shares of Danaher Corporation exchanged hands as compared to its average daily volume of 2,450,400 shares. The stock ranged in price between $73.93-$75.00 after having opened the day at $74.27 as compared to the previous trading day's close of $75.30. Other companies within the Industrial industry that declined today were:
), down 16.3%,
), down 8.2%,
), down 5.5% and
), down 4.7%.
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Danaher Corporation designs, manufactures, and markets professional, medical, industrial, and commercial products and services worldwide. Danaher Corporation has a market cap of $52.4 billion and is part of the industrial goods sector. The company has a P/E ratio of 22.0, above the S&P 500 P/E ratio of 17.7. Shares are down 2.5% year to date as of the close of trading on Thursday. Currently there are 15 analysts that rate Danaher Corporation a buy, no analysts rate it a sell, and 2 rate it a hold.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, growth in earnings per share and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.
- You can view the full Danaher Corporation Ratings Report.
On the positive front,
), up 8.2%,
), up 6.0%,
), up 5.3% and
), up 5.0% , were all gainers within the industrial industry with
) being today's featured industrial industry leader.
- Use our industrial section to find industry-relevant news.
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For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the industrial industry could consider
) while those bearish on the industrial industry could consider
- Find other investment ideas from our top rated ETFs lists.