C.R. Bard VP John Deford Sells 28,364 Shares (BCR)
C.R. Bard (NYSE:BCR) VP John Deford unloaded 28,364 shares of the stock in a transaction dated Monday, September 9th. The stock was sold at an average price of $117.89, for a total value of $3,343,831.96. Following the transaction, the vice president now directly owns 35,490 shares of the company’s stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
A number of research firms have recently commented on BCR. Analysts at Needham & Company initiated coverage on shares of C.R. Bard (NYSE:BCR) in a research note to investors on Wednesday, September 4th. They set a “hold” rating on the stock. Separately, analysts at Zacks reiterated a “neutral” rating on shares of C.R. Bard (NYSE:BCR) in a research note to investors on Tuesday, September 3rd. They now have a $121.00 price target on the stock. Finally, analysts at Bank of America Corp. reiterated a “buy” rating on shares of C.R. Bard (NYSE:BCR) in a research note to investors on Thursday, August 29th. They now have a $140.00 price target on the stock, up previously from $125.00.
Two investment analysts have rated the stock with a sell rating, twelve have given a hold rating and five have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $115.08.
C.R. Bard (NYSE:BCR) traded up 0.24% during mid-day trading on Wednesday, hitting $119.43. 339,838 shares of the company’s stock traded hands. C.R. Bard has a 1-year low of $93.79 and a 1-year high of $119.99. The stock has a 50-day moving average of $115.3 and a 200-day moving average of $106.9. The company has a market cap of $9.453 billion and a P/E ratio of 53.84.
C.R. Bard (NYSE:BCR) last issued its quarterly earnings data on Tuesday, July 23rd. The company reported $1.42 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.38 by $0.04. The company had revenue of $759.90 million for the quarter, compared to the consensus estimate of $750.91 million. During the same quarter last year, the company posted $1.62 earnings per share. C.R. Bard’s revenue was up 2.3% compared to the same quarter last year. Analysts expect that C.R. Bard will post $5.98 EPS for the current fiscal year.
C. R. Bard, Inc (NYSE:BCR) is engaged in the design, manufacture, packaging, distribution and sale of medical, surgical, diagnostic and patient care devices.
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