Danaher Corp
DHR: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$751.00 | Yvzwrrs | Rwrvzsxnz |
Danaher's Strong Trends Continue in Q2; Raising Fair Value Estimate on Recent Cash Flows
Narrow-moat Danaher turned in stronger-than-anticipated operating results for the second quarter, which appears to be positively influencing shares. Considering cash flows generated since our last valuation update in January and these strong trends, we have increased our fair value estimate to $215 per share from $200 previously. However, shares still appear rich to us when considering Danaher's longer-term prospects.