Becton Dickinson & Co (NYSE:BDX) shares, rose in value, with the stock price up by 0.43% to the previous day’s close as strong demand from buyers drove the stock to $173.75.
Actively observing the price movement in the recent trading, the stock is buoying the session at $173.01. The PE ratio was 33.16 over 12-month period. Referring to stock’s 52-week performance, its high was $251.99, and the low was $163.33. On the whole, BDX has fluctuated by -15.84% over the past month.
With the market capitalization of Becton Dickinson & Co currently standing at about $49.80 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 3.98, with its dividend yield at 2.29%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 21.81B, with a low estimate of 5.49B and a high estimate of 5.54B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 5.5B.
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 50% Sell on average. However, medium-term indicators have put the stock in the category of 100% 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 4.87, with the price of BDX currently trading nearly 1.19% and -11.62% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 39.56, while the 7-day volatility ratio is showing 1.23% which for the 30-day chart, stands at 4.76%. Furthermore, Becton Dickinson & Co (BDX)’s beta value is 0.27, and its average true range (ATR) is 4.72.
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 0.43% in today’s session so far, and over the past year, it shrunk by -24.06%%.
Data on historical trading for Becton Dickinson & Co (NYSE:BDX) indicates that the trading volumes over the past 3 months, they’ve averaged 2.84 million. According to company’s latest data on outstanding shares, there are 286.61 million shares outstanding.
Nearly 0.19% of Becton Dickinson & Co’s shares belong to company insiders and institutional investors own 92.35% of the company’s shares. The stock has fallen by -23.41% 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.
