Stock Update: Danaher Corporation (NYSE:DHR) – Danaher Announces Quarterly Dividend

[PR Newswire] – WASHINGTON, Feb. 23, 2016 /PRNewswire/ — Danaher Corporation (NYSE: DHR) announced today that its Board of Directors has approved a regular quarterly dividend of $0.16 per share payable on April 29, 2016 … Read more on this. Danaher Corp. (DHR) , currently valued at $59.97B, started trading this morning at $87.33. Looking at today’s market, DHR one day range is $86.77 to $87.89 with the price of the stock fluctuating between $81.25 to $97.62 over the last 52 weeks. DHR shares are currently priced at 17.76x this year’s forecasted earnings, which makes them relatively expensive compared to the industry ’s 17.46x forward p/e ratio. And for dividend hunters, the company pays shareholders $0.54 per share annually in dividends, yielding 0.62%. In a review of the consensus earnings estimate this quarter, 20 sell-side analysts are looking at $1.03 per share, which would be $0.10 better than the year-ago quarter and a $0.08 sequential decrease. The full-year EPS estimate is $4.88, which would be a $0.58 better than last year. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $5.33 Billion. If realized, that would be a 9.45% increase over the year-ago quarter. Recently, Sterne Agee CRT Initiated DHR at Neutral (Sep 9, 2015). Previously, Morgan Stanley upgraded DHR from Equal-Weight to Overweight. When considering if the stock is under or overvalued, the average price target is $98.53, which is 12.82% above where the stock opened this morning. See more in (NYSE:DHR) Similar Articles: Market Update: Danaher Corporation (NYSE:DHR) – Danaher Reports Record Fourth Quarter And Full Year 2015 Results Market Update: Danaher Corporation (NYSE:DHR) – Diversified Machinery Equities Technical Briefing — General Electric, Danaher, Honeywell Intl., and 3M Co. Stock Update: Danaher Corporation (NYSE:DHR) – Danaher Completes Acquisition Of Pall Corporation