Danaher(US:DHR) Zacks Investment Researchยท2024-03-11 23:21Company Performance - Danaher (DHR) closed at $252.80, reflecting a -0.35% change from the previous day, underperforming the S&P 500's 0.11% loss [1] - Over the past month, Danaher's shares appreciated by 4.42%, underperforming the Conglomerates sector's gain of 7.86% but outperforming the S&P 500's gain of 2.7% [1] - Upcoming earnings per share (EPS) are projected to be $1.74, indicating a 26.27% decrease from the same quarter last year, with revenue forecasted at $5.64 billion, a 21.31% decline compared to the prior year [1] Annual Estimates - Zacks Consensus Estimates for the annual period anticipate earnings of $7.63 per share and revenue of $24.09 billion, reflecting shifts of +0.66% and -12.73% from the last year [2] - Recent adjustments to analyst estimates for Danaher indicate changing near-term business trends, with positive revisions suggesting analysts' confidence in the company's performance [2] Valuation Metrics - Danaher has a Forward P/E ratio of 33.25, which is a premium compared to the industry's average Forward P/E of 17.86 [3] - The company currently has a PEG ratio of 3.85, compared to the industry's average PEG ratio of 2.25 [3] - The Diversified Operations industry, part of the Conglomerates sector, holds a Zacks Industry Rank of 51, placing it within the top 21% of over 250 industries [3]