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Becton, Dickinson and Company’s Stock Price Soars to $227.17, Marking a 2.77% Uptick: A Promising Investment Opportunity?

By December 13, 2024 No Comments

Becton, Dickinson and Company (BDX)

227.17 USD +6.13 (+2.77%) Volume: 3.22M

Becton, Dickinson and Company’s stock price shows an upward trend, closing at 227.17 USD with a growth of +2.77% this trading session, despite a YTD decrease of -6.47%. The trading volume stands at 3.22M, indicating robust investor interest in BDX stocks.


Latest developments on Becton, Dickinson and Company

Despite recent insider selling activities, Becton Dickinson & Co. stock has been underperforming compared to its competitors. Saratoga Research & Investment Management reduced its stock position in the company, while Neo Ivy Capital Management took a position in Becton Dickinson. Executive Roland Goette sold shares worth $1.13 million, and another executive sold shares worth $220,490. Additionally, Foyston Gordon & Payne Inc sold shares of Becton, Dickinson and Company. On a different note, the US health panel has recently added a self-testing option for cervical cancer screening, potentially impacting the healthcare sector and companies like Becton Dickinson.


A look at Becton, Dickinson and Company Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth3
Resilience2
Momentum3
OVERALL SMART SCORE3.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Becton Dickinson and Co has a positive long-term outlook. With high scores in Value and Dividend, the company is seen as a strong investment option with good potential for returns. However, the scores for Growth, Resilience, and Momentum indicate that there may be some challenges ahead for the company in terms of expanding its operations, dealing with disruptions, and maintaining its current pace of growth.

Becton, Dickinson and Company is a global medical technology company known for its development, manufacture, and sale of medical devices, instrument systems, and reagents. With a focus on serving healthcare institutions, life science researchers, clinical laboratories, the pharmaceutical industry, and the general public, the company plays a crucial role in the healthcare industry. Despite some potential challenges indicated by the Smartkarma Smart Scores, Becton Dickinson and Co remains a key player in the medical technology sector with a solid foundation for future growth.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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