Introducing Danaher: A Diversified Healthcare Company
Danaher is a diversified conglomerate with a market cap of ~$56 billion. Its customers are mostly professionals and organizations rather than retail consumers.
Johnson & Johnson Receives Offer to Divest Sterilization Business
On June 6, Johnson & Johnson (JNJ) announced it had received a $2.8 billion offer from Fortive (FTV) to sell its ASP (Advanced Sterilization Products) business, part of its subsidiary, Ethicon.
Why Did McDonald’s and Fortive Increase on June 7?
McDonald’s (MCD) was the S&P 500’s third-best performer on June 7. On Thursday, McDonald’s rose to nine-week high price levels.
S&P 500’s Top Gainers: Apache and Allergan
Apache, which is an American petroleum and natural gas exploration and production company, was the S&P 500’s top gainer on June 7.
Chemours Announced Its Public Offering of 450 Million Euros
On May 22, Chemours (CC) announced the pricing of its public offering of 450 million euros. The senior notes are due 2026.
A Look at Danaher’s 4Q16 Margin Estimates
In 4Q15, Danaher’s (DHR) adjusted EBITDA (earnings before interest, tax, depreciation, and amortization) was ~$1.4 billion, while its EBITDA margin was 23.3%.
Behind Danaher’s 4Q16 Revenue Estimates
Danaher (DHR) reported ~$5.9 billion in consolidated revenue in 4Q15. Analysts expect DHR to report $4.5 billion in 4Q16 revenue.
How Do Analysts Rate Danaher ahead of Its 4Q16 Results?
Of the 19 analysts covering Danaher, 15 had given the company “buy” ratings, four had given it “hold” ratings, and none had given it “sell” ratings as of January 12, 2017.
Digging around to Find Drivers in Danaher’s Environmental Segment
Danaher’s Environmental & Applied Solutions (or, EAS) segment represented 25% of company sales in 2015, or $3.5 billion in value terms.
Acquiring Pall Corp. Still Breathing Life into Danaher
The acquisition of Pall has allowed Danaher to strengthen its presence in the life sciences market.
How Danaher’s Business Segments Are Structured
Each segment of Danaher is made up of roughly about 50 independent operating companies that Danaher has acquired over the years.