Equities research analysts expect that Becton, Dickinson and Company (NYSE:BDX) will announce earnings per share of $2.43 for the current quarter, Zacks Investment Research reports. Five analysts have issued estimates for Becton, Dickinson and’s earnings, with the highest EPS estimate coming in at $2.59 and the lowest estimate coming in at $2.26. Becton, Dickinson and reported earnings per share of $2.33 in the same quarter last year, which suggests a positive year over year growth rate of 4.3%. The business is scheduled to report its next quarterly earnings results on Thursday, February 1st.

According to Zacks, analysts expect that Becton, Dickinson and will report full-year earnings of $10.63 per share for the current fiscal year, with EPS estimates ranging from $10.57 to $10.81. For the next financial year, analysts anticipate that the business will post earnings of $11.80 per share, with EPS estimates ranging from $11.61 to $12.59. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of research firms that cover Becton, Dickinson and.

Becton, Dickinson and (NYSE:BDX) last issued its quarterly earnings data on Thursday, November 2nd. The medical instruments supplier reported $2.40 EPS for the quarter, topping analysts’ consensus estimates of $2.37 by $0.03. The firm had revenue of $3.17 billion during the quarter, compared to analyst estimates of $3.14 billion. Becton, Dickinson and had a return on equity of 20.56% and a net margin of 8.52%. The company’s revenue for the quarter was down 2.0% on a year-over-year basis. During the same period in the previous year, the company posted $2.12 EPS.

A number of analysts have commented on BDX shares. Wells Fargo & Company reissued a “positive” rating and set a $235.00 price objective (up from $225.00) on shares of Becton, Dickinson and in a report on Tuesday, October 24th. They noted that the move was a valuation call. Piper Jaffray Companies reissued a “buy” rating and set a $213.00 price objective on shares of Becton, Dickinson and in a report on Tuesday, September 12th. Morgan Stanley boosted their price objective on Becton, Dickinson and from $205.00 to $245.00 and gave the stock an “equal weight” rating in a report on Friday, November 3rd. Royal Bank Of Canada reissued a “sector perform” rating and set a $230.00 price objective (up from $210.00) on shares of Becton, Dickinson and in a report on Friday, November 3rd. Finally, Stifel Nicolaus reissued a “buy” rating and set a $245.00 price objective on shares of Becton, Dickinson and in a report on Friday, November 3rd. Four research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of $217.08.

Several hedge funds and other institutional investors have recently made changes to their positions in BDX. Marshall & Sullivan Inc. WA lifted its stake in Becton, Dickinson and by 3.1% in the first quarter. Marshall & Sullivan Inc. WA now owns 20,707 shares of the medical instruments supplier’s stock valued at $3,826,000 after purchasing an additional 618 shares during the last quarter. Almanack Investment Partners LLC. purchased a new position in Becton, Dickinson and in the first quarter valued at approximately $105,000. Puzo Michael J purchased a new position in Becton, Dickinson and in the first quarter valued at approximately $202,000. OLD Mutual Customised Solutions Proprietary Ltd. lifted its stake in Becton, Dickinson and by 13.4% in the first quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 7,102 shares of the medical instruments supplier’s stock valued at $1,303,000 after purchasing an additional 838 shares during the last quarter. Finally, Colony Group LLC lifted its stake in Becton, Dickinson and by 13.0% in the first quarter. Colony Group LLC now owns 11,650 shares of the medical instruments supplier’s stock valued at $2,137,000 after purchasing an additional 1,342 shares during the last quarter. Hedge funds and other institutional investors own 88.46% of the company’s stock.

Shares of Becton, Dickinson and (NYSE:BDX) opened at $219.68 on Monday. The company has a debt-to-equity ratio of 1.44, a quick ratio of 5.03 and a current ratio of 5.58. The company has a market capitalization of $50,082.20, a P/E ratio of 23.15, a price-to-earnings-growth ratio of 1.72 and a beta of 1.07. Becton, Dickinson and has a twelve month low of $161.50 and a twelve month high of $229.68.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 29th. Stockholders of record on Friday, December 8th will be paid a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a dividend yield of 1.37%. The ex-dividend date is Thursday, December 7th. This is an increase from Becton, Dickinson and’s previous quarterly dividend of $0.73. Becton, Dickinson and’s payout ratio is presently 64.52%.

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About Becton, Dickinson and

Becton, Dickinson and Company (BD) is a global medical technology company engaged in the development, manufacture and sale of a range of medical supplies, devices, laboratory equipment and diagnostic products. The Company operates through two segments: BD Medical and BD Life Sciences. The BD Medical segment produces an array of medical technologies and devices that are used to help improve healthcare delivery in a range of settings.

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Earnings History and Estimates for Becton, Dickinson and (NYSE:BDX)

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