Medical tech firm Becton Dickinson to buy CR Bard for $24B

There was no early trading in shares of the two companies, according to futures market data on Sunday.

And the worst performing S&P 500 component thus far on the day is Becton, Dickinson and Co.

Becton Dickinson and Co (NYSE:BDX) pays an annual dividend of $2.92 with a yield of 1.65% and an average dividend growth of 10.10% based on a 3 Year Average. Institutional investors own 82.30% of the company's stock. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.41%.

That's about 25% more than Bard's April 21 share closing price, the companies said at the weekend.

TRADEMARK VIOLATION WARNING: This piece was published by Transcript Daily and is the sole property of of Transcript Daily. (INGN - Free Report) and Sunshine Heart Inc (SSH - Free Report). Jefferies Group LLC reiterated a "hold" rating and issued a $237.00 target price on shares of C R Bard in a report on Monday, March 27th.

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Is C.R. Bard overvalued based on current earnings?

One investment analyst has rated the stock with a sell rating, four have given a hold rating and eight have given a buy rating to the company.

BCR's price-to-earnings of 31.6 lies below the industry average, already indicating the company could be considered undervalued.But seeing as C. R. Bard is thought of as a high growth stock, to properly value it we must also account for its earnings growth by using calculation called PEG ratio. If you are accessing this piece on another publication, it was illegally stolen and reposted in violation of United States & global copyright and trademark legislation. Becton Dickinson and now has a consensus rating of "Buy" and an average price target of $186.09.

In related news, VP John A. Deford sold 5,816 shares of the business's stock in a transaction dated Thursday, February 9th. Following the sale, the director now owns 1,620 shares in the company, valued at approximately $382,676.40. The original version of this piece can be viewed at https://www.thecerbatgem.com/2017/04/24/2-93-billion-in-sales-expected-for-becton-dickinson-and-co-bdx-this-quarter-updated.html.

- By combining Bard's strong leadership position and innovation pipeline in fast-growing vascular access segments - PICCs (peripherally inserted central catheters), midlines and drug delivery ports - with BD's leadership and innovation in IV drug preparation, dispensing, delivery and administration, the new company will be better positioned to provide end-to-end medication management solutions across the care continuum. Tom Polen, now president of Becton's medical segment, was appointed president of Becton and will oversee all the company's operating segments, including the Bard businesses, according to a separate statement. CareFusion brought to BD its lineup of devices used for administering and managing medication, which were integrated into the New Jersey company's medical division.


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