WallStreetZenWallStreetZen
NYSE: DHR

How to Buy Danaher Stock

Open Broker Account

Danaher Corp

Danaher is a diagnostic & research company located in District Of Columbia, United States, which is part of the Healthcare sector, and is traded under the ticker DHR on the NYSE exchange.

Danaher stock last closed at $274.23, down 0.11% from the previous day, and has decreased 13.23% in one year. It has overperformed other stocks in the Diagnostics & Research industry by 0.1 percentage points. Danaher stock is currently +17.34% from its 52-week low of $233.71, and -17.21% from its 52-week high of $331.23.

As of Dec 2, 2022, there are 727.96M shares of DHR outstanding. The market value of DHR is $199.63B. In the last 24 hours, 1.81M DHR shares were traded.

How to Buy Danaher Stock

Wondering how to invest in Danaher stock? Here's how.
  1. Figure out where to buy Danaher stock: You need to pick a stock brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you choose where to buy Danaher stock.
  2. Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified. It's the best place to buy DHR stock.
  3. Deposit money your brokerage account: Choose your payment method and add your details.
  4. Research Danaher stock: The Danaher ticker symbol is DHR. Is Danaher stock a good investment? Should you buy shares of DHR? How do DHR's underlying business fundamentals look? Do top analysts think Danaher is a good buy? Why has DHR's stock price moved recently? (Hint: Our stock market analysis website can help you understand if DHR is a good stock to buy).
  5. Place your DHR purchase: Decide if you will purchase DHR shares at the current market price or use a limit order to purchase DHR stock at a specific price.
  6. Get the latest news on your DHR investment: Create a watchlist to get live updates on your investment in Danaher shares.

Step 1: Figure out where to buy Danaher stock

You need a brokerage account in order to access the NYSE market and buy DHR shares.

A brokerage account is an investment account that allows you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

Our favorite brokerage: eToro

Based on our research, eToro is the best stock brokerage. Here's why:

  • You can invest in stocks with 0% commissions: Invest without paying trading commissions.
  • Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
  • Access to global financial markets: From Technology to Industrials, New York to Hong Kong — you can fill your portfolio with stocks from the world's leading stock exchanges.
  • Social investing: eToro offers a community with more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of top investors.
  • Security: eToro is a regulated and licensed fintech leader.
  • Buy other financial assets: Such as ETFs and cryptocurrencies.

Get $10 towards your purchase of stock by opening an account with eToro now.

Open eToro Account

Step 2: Sign up for your brokerage account

Now that you've selected your brokerage, it's time to fill out some personal details so you can invest in DHR today.

How to Open a New Account on eToro

  1. Click here to get started.
  2. Input your personal info to create your new trading account.
  1. Send your details by clicking the "Create Account" button.
Get started with eToro today

Step 3: Deposit money your brokerage account

Check out this video walkthrough for more details depositing funds into your new brokerage account.

Get started with eToro today

Step 4: Research Danaher stock

It's crucial to analyze stocks prior to buying, so you can wrap your head around the risk and upside.

Danaher Metrics

DHR Price
$274.23
1w %
2.69%
1y %
-13.23%
5y %
195.44%
P/E
29.81x
P/B
4.25x
P/S
6.39x
PEG
3.87x
Revenue
$31.25B
Earnings
$6.64B
Fore. Rev. Growth
0.79%
Fore. Earn. Growth
8.56%
Market Cap
$199.63B
Next Earnings
Jan 25, 2023
Next Dividend
N/A

Fundamentals of Danaher

WallStreetZen was created to help everyday investors do better fundamental analysis quickly.

You can see all of the due diligence checks on DHR's stock page.

How is DHR stock valued?

Analysts use many financial metrics, analyses, models, and charts to gauge DHR's intrinsic value.

Using relative valuations methods:

  • DHR may be undervalued based on its P/E ratio of 29.81x, relative to Diagnostics & Research industry P/E ratio of 36.32x
  • DHR could be undervalued based on its P/B ratio of 4.25x, relative to Diagnostics & Research industry P/B ratio of 4.47x
  • DHR may be overvalued based on its PEG ratio of 3.87x

You can do more valuation analysis on DHR's stock here.

DHR Financial Health Overview

Pros:

  • Total DHR debt is lower than 5 years ago, relative to shareholder equity.
  • DHR earnings of $8.39B is not enough to cover its interest payments.
  • DHR profit margin has gone up from 20.4% to 21.2% in the past year.
  • There are more short-term assets than short-term liabilities on the DHR balance sheet.
  • DHR's operating cash flow of $8.31B allows it to safely service it's debt of $19.25B.

Cons:

  • DHR has a relatively high debt to equity ratio of 0.72.
  • There are more long-term liabilities than short-term assets on the DHR balance sheet.

Do Wall Street analysts think it's a good time to buy Danaher stock

Out of 11 sell side analysts who research DHR, the consensus analyst rating on Danaher is a Strong Buy

Should I buy or sell DHR stock?

Based on 11 analysts offering ratings for Danaher Corp.
Strong Buy
Strong Buy
5 analysts 45.45%
Buy
4 analysts 36.36%
Hold
2 analysts 18.18%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Most Recent DHR Analyst Ratings

Luke Sergott, a bottom 3% analyst from Barclays maintains DHR with a strong buy rating and lowers their DHR price target from $285.00 to $277.00, on Nov 29, 2022.

Deane Dray, a top 17% analyst from RBC Capital maintains DHR with a buy rating and lowers their DHR price target from $318.00 to $302.00, on Oct 24, 2022.

Robert Wasserman, a top 17% analyst from Benchmark downgrades DHR to a hold rating, on Oct 24, 2022.

Catherine Schulte, a top 2% analyst from Baird maintains DHR with a buy rating and lowers their DHR price target from $325.00 to $315.00, on Oct 21, 2022.

Rachel Vatnsdal, a top 46% analyst from JP Morgan maintains DHR with a strong buy rating and lowers their DHR price target from $350.00 to $315.00, on Oct 21, 2022.

You can dig deeper into what analysts are forecasting on the Danaher stock forecast page.

DHR Trading Indicators

SMA10
265.55
SMA20
262.66
SMA50
260.05
SMA100
270.31
SMA200
267.58
MACD
3.35
MACD Signal
1.82
MACD Histogram
1.53
RSI
59.8
Stochastic %K
83.87
Stochastic %D
70.39
StochRSI %K
98.86
StochRSI %D
78.33

DHR Revenue

Last year, DHR earnings were $6.64B. Over the past five year, DHR's earnings have grown by 21.89% per year. This was slower than the Diagnostics & Research industry average of 21.98%.

Last year, DHR revenue was $31.25B. Over the past five year, DHR's revenue has increased by 11.88% per year. This was slower than the Diagnostics & Research industry average of 16.49%.

Learn more about DHR's earnings and revenue performance here.

Latest Insiders Trades at DHR

Over the past 12 months, executives and large shareholders at DHR have bought more shares than they have sold.

Joakim Weidemanis, Executive Vice President of DHR, was the latest DHR insider to sell. They sold $774,242.00 worth of DHR stock on Nov 28, 2022.

Get more info about who owns DHR stock here.

Does DHR stock generate passive income?

Danaher pays a dividend of 0.35%, compared to the Diagnostics & Research industry's average dividend yield of 1.88%. If you owned $1,000 of DHR stock, you would have been paid $3.50 in the past 12 months.

Danaher dividend payments have consistently grown over the past decade but have not remained stable.

Get more data about Danaher dividend yield and history here.

What others are saying about DHR

One of the major reasons eToro is our favorite brokerage is because of its social trading community.

Click below to see what other investors have to say.

Step 5: Place your DHR purchase

There are two primary order types:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are generally fine.
  • Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
    If you want to ensure you're buying or selling at a particular price, use a limit order.

Click the Open Trade button and your broker will place the order.

If you need more assistance investing in stocks on eToro, watch the helpful video below:

Open eToro Account

Step 6: Get the latest news on your DHR investment

Now that you own some DHR stock, you'll want to stay up-to-date on your investment.

Start a watchlist to get notified of the latest news about your DHR stock.

DHR Feed

How to Buy Stock in Danaher

To summarize, here are the 6 steps to buy stock in Danaher:

  1. Figure out where to buy Danaher stock
  2. Sign up for your brokerage account
  3. Deposit money your brokerage account
  4. Research Danaher stock
  5. Place your DHR purchase
  6. Get the latest news on your DHR investment

If you are looking for a online brokerage, eToro is our favorite option.

Get Started with eToro Today

If you want to track your investment in Danaher, get started below.

NYSE: DHR
$274.23-0.31 (-0.11%)
Updated Dec 2, 2022
Open eToro Account
NYSE: DHR
$274.23-0.31 (-0.11%)
Updated Dec 2, 2022
Open eToro Account

FAQ

How much does it cost to buy one Danaher share?

As of Dec 2, 2022, it costs $274.23 to buy one share of Danaher stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $100, you can buy 0.365 shares of DHR.

Get Started with eToro Today

Is now a good time to buy Danaher stock?

According to 11 Wall Street analysts who monitor Danaher, their consensus recommendation is to buy Danaher stock.

What is the best way to buy Danaher stock?

The best way to buy Danaher stock is within a brokerage account on eToro.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.