Danaher ( (DHR) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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Danaher Corporation’s stock took a notable hit after it released its fourth-quarter 2024 financial results. Despite a slight revenue beat, the earnings per share failed to meet market expectations, marking the first time in years the company didn’t exceed predictions. This led to a negative reaction as investors were previously accustomed to strong performance. Additionally, the company’s guidance for growth and margins didn’t meet forecasts, with a predicted decline in sales for the first quarter of 2025 and only modest sales growth for the year. This disappointing outlook prompted several financial institutions to lower their price targets, reflecting concerns over Danaher’s short-term growth prospects.
More about Danaher
YTD Price Performance: 7.85%
Average Trading Volume: 3,077,674
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $179B
For further insights into DHR stock on TipRanks’ Stock Analysis page.
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