Becton Dickinson & Co. (NYSE:BDX) shares, rose in value, with the stock price up by 0.46% to the previous day’s close as strong demand from buyers drove the stock to $231.55.
Actively observing the price movement in the last trading, the stock closed the session at $230.48. The PE ratio was 54.77 over 12-month period. Referring to stock’s 52-week performance, its high was $287.32, and the low was $229.40. On the whole, BDX has fluctuated by -6.08% over the past month.
The company’s Forward Dividend Ratio is 3.72, with its dividend yield at 1.61%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 20.3B, with a low estimate of 5.01B and a high estimate of 5.07B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 5.04B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that BDX’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 6.33, with the price of BDX currently trading nearly -2.86% and -3.21% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 39.75, while the 7-day volatility ratio is showing 1.52% which for the 30-day chart, stands at 1.64%. Furthermore, Becton Dickinson & Co. (BDX)’s beta value is 0.46, and its average true range (ATR) is 3.95.
A comparison of Becton Dickinson & Co. (BDX) with its peers suggests the former has fared considerably weaker in the market. BDX showed an intraday change of 0.46% in last session, and over the past year, it shrunk by -10.43%%.
Data on historical trading for Becton Dickinson & Co. (NYSE:BDX) indicates that the trading volumes over the past 3 months, they’ve averaged 1.35 million. According to company’s latest data on outstanding shares, there are 290.39 million shares outstanding.
Nearly 0.14% of Becton Dickinson & Co.’s shares belong to company insiders and institutional investors own 88.71% of the company’s shares. The stock has fallen by -5.04% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the BDX stock heading into the next quarter.
