Becton Dickinson and Company (BDX) sees an increase in shares acquired by Victory Capital Management Inc. BDX's P/E considered reasonable while it surpasses Q4 earnings and revenue estimates, strengthening its position as a value stock. However, First Trust reduces its stake in the company. Despite macroeconomic headwinds, BDX exceeds Q2 earnings estimates and raised its fiscal 2024 guidance. The company's earnings growth rate, however, lags behind the 5.5% CAGR delivered to shareholders. Becton faced a drop-in stock on lower-than-expected 2024 guidance but is believed to maintain steady growth, as seen in the analyst's optimistic outlook on its 2025 commitments.
Becton Dickinson and BDX News Analytics from Wed, 04 Oct 2023 07:00:00 GMT to Wed, 08 May 2024 12:46:02 GMT -
Rating 6
- Innovation 7
- Information 6
- Rumor -1
