C.R. Bard Inc. Hits New 52-Week High at $122.62 (BCR)
Shares of C.R. Bard (NYSE:BCR) hit a new 52-week high during trading hours on Thursday, Analyst Ratings.Net reports. The company traded as high as $122.62 and last traded at $122.20, with a volume of 295,470 shares trading hands. The stock had previously closed at $120.44.
Several analysts have recently commented on the stock. Analysts at Citigroup Inc. reiterated a “neutral” rating on shares of C.R. Bard in a research note to investors on Monday. They now have a $124.00 price target on the stock, up previously from $123.00. Separately, analysts at Needham & Company initiated coverage on shares of C.R. Bard in a research note to investors on Wednesday, September 4th. They set a “hold” rating on the stock. Finally, analysts at Zacks reiterated a “neutral” rating on shares of C.R. Bard in a research note to investors on Tuesday, September 3rd. They now have a $121.00 price target on the stock. Two investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and five have given a buy rating to the company’s stock. C.R. Bard has a consensus rating of “Hold” and an average price target of $115.71.
C.R. Bard has a 52 week low of $93.79 and a 52 week high of $119.99. The stock has a 50-day moving average of $115.6 and a 200-day moving average of $107.2. The company has a market cap of $9.722 billion and a P/E ratio of 54.33.
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 in the prior year, the company posted $1.62 earnings per share. The company’s quarterly revenue was up 2.3% on a year-over-year basis. On average, analysts predict that C.R. Bard will post $5.95 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Friday, November 1st. Shareholders of record on Monday, October 21st will be paid a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a dividend yield of 0.68%. The ex-dividend date is Thursday, October 17th.
C. R. Bard, Inc (NYSE:BCR) is engaged in the design, manufacture, packaging, distribution and sale of medical, surgical, diagnostic and patient care devices.