Becton Dickinson Shares Owned By Institutions vs. Return On Asset

BDX Stock  USD 241.67  0.57  0.24%   
Considering Becton Dickinson's profitability and operating efficiency indicators, Becton Dickinson and is yielding more profit at this time then in previous quarter. It has a moderate probability of reporting better profitability numbers in November. Profitability indicators assess Becton Dickinson's ability to earn profits and add value for shareholders. At this time, Becton Dickinson's Days Sales Outstanding is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.00006 in 2024, whereas Price To Sales Ratio is likely to drop 1.85 in 2024. At this time, Becton Dickinson's Operating Income is fairly stable compared to the past year. Income Before Tax is likely to rise to about 2 B in 2024, whereas Accumulated Other Comprehensive Income is likely to drop (1.5 B) in 2024.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.560.49
Fairly Up
Pretty Stable
Net Profit Margin0.080.0689
Fairly Up
Slightly volatile
Operating Profit Margin0.170.13
Significantly Up
Pretty Stable
Pretax Profit Margin0.150.0987
Way Up
Slightly volatile
Return On Assets0.03070.0323
Notably Down
Slightly volatile
Return On Equity0.06280.0662
Notably Down
Slightly volatile
For Becton Dickinson profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Becton Dickinson to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Becton Dickinson and utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Becton Dickinson's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Becton Dickinson and over time as well as its relative position and ranking within its peers.
  

Becton Dickinson's Revenue Breakdown by Earning Segment

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Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Becton Dickinson. If investors know Becton will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Becton Dickinson listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.235
Dividend Share
3.76
Earnings Share
4.98
Revenue Per Share
68.368
Quarterly Revenue Growth
0.023
The market value of Becton Dickinson is measured differently than its book value, which is the value of Becton that is recorded on the company's balance sheet. Investors also form their own opinion of Becton Dickinson's value that differs from its market value or its book value, called intrinsic value, which is Becton Dickinson's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Becton Dickinson's market value can be influenced by many factors that don't directly affect Becton Dickinson's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Becton Dickinson's value and its price as these two are different measures arrived at by different means. Investors typically determine if Becton Dickinson is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Becton Dickinson's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Becton Dickinson Return On Asset vs. Shares Owned By Institutions Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Becton Dickinson's current stock value. Our valuation model uses many indicators to compare Becton Dickinson value to that of its competitors to determine the firm's financial worth.
Becton Dickinson and is rated below average in shares owned by institutions category among its peers. It is rated below average in return on asset category among its peers . The ratio of Shares Owned By Institutions to Return On Asset for Becton Dickinson and is about  2,770 . Return On Assets is likely to drop to 0.03 in 2024. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Becton Dickinson's earnings, one of the primary drivers of an investment's value.

Becton Dickinson's Earnings Breakdown by Geography

Becton Return On Asset vs. Shares Owned By Institutions

Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.

Becton Dickinson

Shares Held by Institutions

 = 

Funds and Banks

+

Firms

 = 
90.02 %
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Becton Dickinson

Return On Asset

 = 

Net Income

Total Assets

 = 
0.0325
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.

Becton Return On Asset Comparison

Becton Dickinson is currently under evaluation in return on asset category among its peers.

Becton Dickinson Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Becton Dickinson, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Becton Dickinson will eventually generate negative long term returns. The profitability progress is the general direction of Becton Dickinson's change in net profit over the period of time. It can combine multiple indicators of Becton Dickinson, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-1.4 B-1.5 B
Operating Income2.4 B2.5 B
Income Before Tax1.9 BB
Total Other Income Expense Net-323.1 M-306.9 M
Net Income1.8 B1.8 B
Income Tax Expense151.8 M195.2 M
Net Income Applicable To Common Shares1.6 B1.1 B
Net Income From Continuing Ops1.8 B1.3 B
Non Operating Income Net Other-90.9 M-86.4 M
Interest Income44.1 M41.9 M
Net Interest Income-463.4 M-486.6 M
Change To Netincome-175.9 M-167.2 M
Net Income Per Share 4.67  4.90 
Income Quality 1.76  1.61 
Net Income Per E B T 0.80  0.61 

Becton Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Becton Dickinson. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Becton Dickinson position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Becton Dickinson's important profitability drivers and their relationship over time.

Use Becton Dickinson in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Becton Dickinson position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Becton Dickinson will appreciate offsetting losses from the drop in the long position's value.

Becton Dickinson Pair Trading

Becton Dickinson and Pair Trading Analysis

The ability to find closely correlated positions to Becton Dickinson could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Becton Dickinson when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Becton Dickinson - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Becton Dickinson and to buy it.
The correlation of Becton Dickinson is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Becton Dickinson moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Becton Dickinson moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Becton Dickinson can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Becton Dickinson position

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Additional Tools for Becton Stock Analysis

When running Becton Dickinson's price analysis, check to measure Becton Dickinson's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Becton Dickinson is operating at the current time. Most of Becton Dickinson's value examination focuses on studying past and present price action to predict the probability of Becton Dickinson's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Becton Dickinson's price. Additionally, you may evaluate how the addition of Becton Dickinson to your portfolios can decrease your overall portfolio volatility.