The estimated target price for DRAEGERWERK VZO O.N. (FWB:DRW3) within one year has seen a decrease to 53.33 per share, which is a 6.64% reduction from the previous estimate of 57.12 published May 10, 2023.
Several analysts provided their estimates, with the average target being used for this report. These targets range from a low of 38.60 to a high of 76.72 per share. The average price target reflects an 18.24% increase from the latest closing price of shares which was 45.10.
To view a list of the companies having the biggest potential for a price target increase, please refer to our leaderboard of companies.
DRAEGERWERK VZO O.N. Maintains 0.42% Dividend Yield
At present, the company holds a dividend yield of 0.42% based on the most recent price. Moreover, the company’s dividend payout ratio stands at -0.17. The payout ratio shows the percentage of a company’s income that is paid out in dividends. If the payout ratio is equal to one (1.0), it implies that the company pays out 100% of its income as dividends. A ratio exceeding one suggests that the company is using savings to avoid reducing its dividend – an unhealthy situation. Companies with limited growth prospects need to pay higher dividends – typically, payout ratios ranging from 0.5 to 1.0. Whereas companies with better growth prospects are anticipated to retain more earnings to invest in such prospects, which translates into payout ratios ranging from zero to 0.5.
The company has not increased its dividend within the last three years.
For a list of the companies with the highest dividend yield, see Fintel’s Dividend Screener.
What are Other Shareholders Doing?
KGGAX – KOPERNIK GLOBAL ALL-CAP FUND SHARES owns 246K shares, equivalent to a 1.31% stake in the company. In its last filing, the firm reported owning 221K shares, playing a 10.15% increase. The firm has raised its portfolio allocation in DRW3 by 13.56% over the quarter.
VGTSX – Vanguard Total International Stock Index Fund Investor Shares owns 148K shares, representing 0.79% of the company. In its last filing, the firm reported owning 102K shares, which represents a rise of 30.68%. The firm scaled its portfolio allocation in DRW3 by 36.75% in the last quarter.
Dfa Investment Trust Co – The Continental Small Company Series owns 65K shares, which is 0.35% of the enterprise. As reported in its previous filing, the firm possessed 66K shares, reflecting a decrease of 0.59%. The firm reduced its portfolio allocation in DRW3 by 7.90% over the last quarter.
VTMGX – Vanguard Developed Markets Index Fund Admiral Shares holds 64K shares representing 0.34% ownership of the company. No change in the last quarter.
DISVX – Dfa International Small Cap Value Portfolio – Institutional Class owns 60K shares, equivalent to a 0.32% stake in the firm. In its last filing, the company disclosed owning 136K shares, indicating a decrease of 125.29%. The company reduced its portfolio allocation in DRW3 by 58.15% over the last quarter.
This news story was originally published on Fintel.
The perspectives and opinions expressed in this article are those of the author and do not necessarily reflect the positions of Nasdaq, Inc.
