Becton Dickinson and Co (NYSE:BDX) – Research analysts at William Blair issued their FY2018 earnings estimates for shares of Becton Dickinson and in a research report issued on Tuesday. William Blair analyst B. Weinstein anticipates that the medical instruments supplier will earn $10.85 per share for the year. William Blair also issued estimates for Becton Dickinson and’s FY2019 earnings at $12.50 EPS.
Becton Dickinson and (NYSE:BDX) last announced its quarterly earnings results on Tuesday, February 6th. The medical instruments supplier reported $2.48 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $2.41 by $0.07. Becton Dickinson and had a net margin of 2.71% and a return on equity of 16.19%. The business had revenue of $3.08 billion during the quarter, compared to analysts’ expectations of $3.05 billion. During the same quarter in the prior year, the company posted $2.33 EPS. The firm’s revenue for the quarter was up 5.4% compared to the same quarter last year.
Becton Dickinson and (NYSE:BDX) traded down $0.04 during mid-day trading on Friday, reaching $211.40. The company had a trading volume of 986,609 shares, compared to its average volume of 1,622,954. Becton Dickinson and has a fifty-two week low of $175.66 and a fifty-two week high of $248.39. The firm has a market capitalization of $59,084.54, a P/E ratio of 161.61, a PEG ratio of 1.58 and a beta of 1.12. The company has a current ratio of 1.54, a quick ratio of 5.03 and a debt-to-equity ratio of 1.04.
Institutional investors have recently bought and sold shares of the company. Shell Asset Management Co. purchased a new position in Becton Dickinson and in the fourth quarter valued at about $11,069,000. Arizona State Retirement System boosted its stake in Becton Dickinson and by 34.1% in the fourth quarter. Arizona State Retirement System now owns 109,595 shares of the medical instruments supplier’s stock valued at $23,460,000 after acquiring an additional 27,847 shares during the last quarter. Trexquant Investment LP boosted its stake in Becton Dickinson and by 502.2% in the fourth quarter. Trexquant Investment LP now owns 26,131 shares of the medical instruments supplier’s stock valued at $5,594,000 after acquiring an additional 21,792 shares during the last quarter. Pinebridge Investments L.P. purchased a new position in Becton Dickinson and in the fourth quarter valued at about $305,000. Finally, State of Wisconsin Investment Board boosted its stake in Becton Dickinson and by 47.3% in the fourth quarter. State of Wisconsin Investment Board now owns 239,910 shares of the medical instruments supplier’s stock valued at $51,355,000 after acquiring an additional 77,075 shares during the last quarter. Institutional investors own 75.68% of the company’s stock.
The business also recently announced a quarterly dividend, which will be paid on Friday, March 30th. Investors of record on Friday, March 9th will be paid a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a yield of 1.42%. The ex-dividend date is Thursday, March 8th. Becton Dickinson and’s payout ratio is presently 229.01%.
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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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