7 Basic Materials Stocks to Buy to Anchor Your Portfolio

The movement of basic materials stocks requires investors to keep a keen eye on the state of the economy to determine profitability. Raw materials such as plastic, steel, and lumber will always be in demand. Here are 7 stocks to take advantage of the growing demand!

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DHR
Danaher Corporation
NYSE
265.8
Open 265.03 Prev Close 265.8
High 265.94 Low 263.20
Volume 0 Volume (Avg) 2,503,271
52 Week High 248.86 52 Week Low 119.11
Market Cap 153.8B PE Ratio 44.72

Shares Stats

Shares Outstanding710,377,024
Shares Float631,831,954
Shares Short5,025,552
Insider Holdings1128%
Institution Holdings81.53%

About Danaher Corporation

Danaher Corporation designs, manufactures, and markets professional, medical, industrial, and commercial products and services worldwide. The company operates through three segments: Life Sciences, Diagnostics, and Environmental & Applied Solutions. The Life Sciences segment provides mass spectrometers; cellular analysis, lab automation, and centrifugation instruments; microscopes; and genomics consumables. This segment also offers bioprocess technologies, consumables, and services; and filtration, separation, and purification technologies to the pharmaceutical and biopharmaceutical, food and beverage, medical, and life sciences companies, as well as universities, medical schools and research institutions, and various industrial manufacturers. The Diagnostics segment provides chemistry, immunoassay, microbiology, and automation systems, as well as hematology and molecular diagnostics products. This segment offers analytical instruments, reagents, consumables, software, and services for hospitals, physicians' offices, reference laboratories, and other critical care settings. The Environmental & Applied Solutions segment offers instrumentation, consumables, software, services, and disinfection systems to analyze, treat, and manage ultra-pure, potable, industrial, waste, ground, source, and ocean water in residential, commercial, industrial, and natural resource applications. This segment also provides instruments, software, services, and consumables for various color and appearance management, packaging design and quality management, packaging converting, printing, marking, coding, and traceability applications for consumer, pharmaceutical, and industrial products. The company was formerly known as Diversified Mortgage Investors, Inc. and changed its name to Danaher Corporation in 1984. Danaher Corporation was founded in 1969 and is headquartered in Washington, the District of Columbia.

General

NameDanaher Corporation
TickerDHR
ExchangeNYSE
SectorHealthcare
IndustryDiagnostics & Research
CurrencyUSD
CountryUSA
Fiscal Year EndDecember
Full Time Employees67,000

Highlights

Analyst Target268.88
Market Cap153,800,458,240
PE Ratio44.72
PEG Ratio2.65
EBITDA6,479,000,064

Financials

Curr Year EPS Estimate7.63
Next Quarter EPS Estimate1.65
Profit Margin0.16
Return on Assets0.04
Return on Equity0.10
Revenue22,283,999,232
Earnings Per Share4.89
Revenue Per Share31.56
Gross Profit12,932,000,000
Quarterly Revenue Growth0.39

Valuation

Trailing PE44.21
Forward PE29.24
Price/Sales (Trailing 12 Mt.)7.07
Price/Book (Most Recent Quarter)4.28

Dividend

Danaher Corporation pays out a dividend of $0.72 per share, with a dividend yield of 0.39%.

DHR's last dividend payment was made to shareholders on April 30, 2021.

They pay out 11.92% of their earnings out as a dividend.

Recent Dividends

Apr 26, 2024$0.27
Jan 26, 2024$0.24
Oct 27, 2023$0.27
Jul 28, 2023$0.27
Apr 28, 2023$0.27
Jan 27, 2023$0.25
Oct 28, 2022$0.25
Jul 29, 2022$0.25
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