Becton, Dickinson and Given Consensus Rating of “Hold” by Analysts (NYSE:BDX)
Shares of Becton, Dickinson and (NYSE:BDX) have earned an average rating of “Hold” from the sixteen ratings firms that are currently covering the company, Stock Ratings News reports. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and six have given a buy rating to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $112.90.
A number of research firms have recently commented on BDX. Analysts at JPMorgan Chase & Co. reiterated an “underweight” rating on shares of Becton, Dickinson and in a research note on Friday, August 1st. They now have a $115.00 price target on the stock, up previously from $111.00. Separately, analysts at RBC Capital raised their price target on shares of Becton, Dickinson and from $113.00 to $116.00 in a research note on Friday, August 1st. Finally, analysts at Leerink Swann raised their price target on shares of Becton, Dickinson and from $117.00 to $120.00 in a research note on Friday, August 1st.
Becton, Dickinson and (NYSE:BDX) opened at 116.35 on Monday. Becton, Dickinson and has a 1-year low of $96.73 and a 1-year high of $120.66. The stock’s 50-day moving average is $118.3 and its 200-day moving average is $115.. The company has a market cap of $22.320 billion and a price-to-earnings ratio of 23.62.
Becton, Dickinson and (NYSE:BDX) last posted its quarterly earnings results on Thursday, July 31st. The company reported $1.65 EPS for the quarter, missing the Thomson Reuters consensus estimate of $1.67 by $0.02. The company had revenue of $2.16 billion for the quarter, compared to the consensus estimate of $2.14 billion. During the same quarter in the prior year, the company posted $1.58 earnings per share. The company’s quarterly revenue was up 5.1% on a year-over-year basis. Analysts expect that Becton, Dickinson and will post $6.25 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Tuesday, September 30th. Stockholders of record on Tuesday, September 9th will be paid a dividend of $0.545 per share. This represents a $2.18 annualized dividend and a dividend yield of 1.87%. The ex-dividend date is Friday, September 5th.
Becton Dickinson and Co is a global medical technology company engaged in the development, manufacture and sale of medical devices, instrument systems and reagents used by healthcare institutions, life science researchers, clinical laboratories, the pharmaceutical industry and the general public.
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