With Becton Dickinson Stock Sliding, Have You Assessed The Risk?
Becton Dickinson (BDX) stock is down 17.2% in a day. The recent slide reflects renewed concerns around BDX’s lowered FY2026 profit guidance following its Biosciences & Diagnostic Solutions spin-off, but sharp drops like this often raise a tougher question: is the weakness temporary, or a sign of deeper cracks in the story?
Before judging its downturn reslience, let’s look at where Becton Dickinson stands today.
- Size: Becton Dickinson is a $49 Bil company with $22 Bil in revenue currently trading at $171.68.
- Fundamentals: Last 12 month revenue growth of 6.2% and operating margin of 14.2%.
- Liquidity: Has Debt to Equity ratio of 0.4 and Cash to Assets ratio of 0.01
- Valuation: Becton Dickinson stock is currently trading at P/E multiple of 27.9 and P/EBIT multiple of 19.0
These metrics point to a Moderate operational performance, alongside Moderate valuation – making the stock Fairly Priced. For details, see Buy or Sell BDX Stock
That brings us to the key consideration for investors worried about this fall: how resilient is BDX stock if markets turn south? This is where our downturn resilience framework comes in. Suppose BDX stock falls another 20-30% to $120 – can investors comfortably hold on? Turns out, the stock saw an impact slightly worse than the S&P 500 index during various economic downturns, based on (a) how much the stock fell and, (b) how quickly it recovered. Below, we dive deeper into each such downturn.
2022 Inflation Shock
- BDX stock fell 20.7% from a high of $275.42 on 8 April 2022 to $218.29 on 9 November 2022 vs. a peak-to-trough decline of 25.4% for the S&P 500.
- However, the stock fully recovered to its pre-Crisis peak by 24 July 2023
- Since then, the stock increased to a high of $283.59 on 27 July 2023 , and currently trades at $171.68
| BDX | S&P 500 | |
|---|---|---|
| % Change from Pre-Recession Peak | -20.7% | -25.4% |
| Time to Full Recovery | 257 days | 464 days |
2020 Covid Pandemic
- BDX stock fell 29.9% from a high of $285.99 on 5 February 2020 to $200.58 on 23 March 2020 vs. a peak-to-trough decline of 33.9% for the S&P 500.
- The stock is yet to recover to its pre-Crisis high
| BDX | S&P 500 | |
|---|---|---|
| % Change from Pre-Recession Peak | -29.9% | -33.9% |
| Time to Full Recovery | Not Fully Recovered | 148 days |
2018 Correction
- BDX stock fell 20.6% from a high of $264.38 on 1 October 2018 to $209.85 on 24 December 2018 vs. a peak-to-trough decline of 19.8% for the S&P 500.
- However, the stock fully recovered to its pre-Crisis peak by 12 December 2019
| BDX | S&P 500 | |
|---|---|---|
| % Change from Pre-Recession Peak | -20.6% | -19.8% |
| Time to Full Recovery | 353 days | 120 days |
2008 Global Financial Crisis
- BDX stock fell 34.7% from a high of $92.34 on 16 January 2008 to $60.26 on 20 November 2008 vs. a peak-to-trough decline of 56.8% for the S&P 500.
- However, the stock fully recovered to its pre-Crisis peak by 14 March 2013
| BDX | S&P 500 | |
|---|---|---|
| % Change from Pre-Recession Peak | -34.7% | -56.8% |
| Time to Full Recovery | 1,575 days | 1,480 days |
Feeling jittery about BDX stock? Consider portfolio approach.
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