BDX
Becton, Dickinson and Company Healthcare - Medical Devices Investor Relations →
Becton, Dickinson and Company (BDX) closed at $210.02 as of 2026-02-02, trading 5.8% below its 200-week moving average of $223.05. This places BDX in the deep value zone. The stock moved further from the line this week, up from -8.9% last week. With a 14-week RSI of 78, BDX is in overbought territory.
Over the past 2715 weeks of data, BDX has crossed below its 200-week moving average 43 times. On average, these episodes lasted 13 weeks. Historically, investors who bought BDX at the start of these episodes saw an average one-year return of +7.8%.
With a market cap of $59.8 billion, BDX is a large-cap stock. The company generates a free cash flow yield of 6.0%, which is healthy. Return on equity stands at 6.5%. The stock trades at 2.4x book value.
BDX is a Dividend Aristocrat, having increased its dividend for 25 or more consecutive years. The current yield is 200.00%.
Over the past 33.2 years, a hypothetical investment of $100 in BDX would have grown to $3660, compared to $2849 for the S&P 500. That represents an annualized return of 11.5% vs 10.6% for the index — confirming BDX as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
In the past 12 months, corporate insiders have made 2 open-market purchases totaling $1,356,172. Notably, these purchases occurred while BDX is trading below its 200-week moving average — insiders are buying when the market is most pessimistic.
Free cash flow has been growing at a 17.2% compound annual rate, with 4 consecutive years of positive cash generation. A business generating more cash every year while trading below its 200-week moving average is exactly the kind of disconnect value investors look for.
Growth of $100: BDX vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After BDX Crosses Below the Line?
Across 27 historical episodes, buying BDX when it crossed below its 200-week moving average produced an average return of +10.1% after 12 months (median +7.0%), compared to +13.7% for the S&P 500 over the same periods. 69% of those episodes were profitable after one year. After 24 months, the average return was +27.9% vs +27.2% for the index.
Each line shows $100 invested at the moment BDX crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
BDX has crossed below its 200-week MA 43 times with an average 1-year return of +7.8% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Jan 1974 | Mar 1974 | 6 | 11.0% | -9.0% | +18955.6% |
| Mar 1974 | Jun 1974 | 10 | 6.2% | +0.7% | +18630.4% |
| Jun 1974 | Feb 1975 | 33 | 39.2% | -6.2% | +18824.1% |
| Feb 1975 | Feb 1975 | 1 | 0.1% | +12.4% | +19856.4% |
| Apr 1975 | Apr 1975 | 1 | 2.2% | +9.6% | +20225.9% |
| Jun 1975 | Jun 1975 | 3 | 3.7% | -0.4% | +19784.1% |
| Jul 1975 | Oct 1975 | 11 | 10.2% | +12.1% | +20076.5% |
| May 1976 | Jun 1976 | 1 | 2.4% | -22.2% | +19856.4% |
| Oct 1976 | Jan 1978 | 66 | 24.6% | -1.4% | +19641.0% |
| Oct 1978 | Jun 1979 | 35 | 10.1% | -13.7% | +20225.9% |
| Jul 1979 | Aug 1979 | 4 | 2.8% | +3.7% | +20301.5% |
| Sep 1979 | Jan 1980 | 18 | 15.7% | +11.2% | +19784.1% |
| Jan 1980 | Apr 1980 | 12 | 14.5% | +41.4% | +20377.6% |
| Jul 1982 | Aug 1982 | 3 | 7.9% | +3.8% | +17489.8% |
| Jul 1983 | Oct 1983 | 10 | 6.0% | -20.8% | +16840.5% |
| Oct 1983 | Dec 1984 | 63 | 25.7% | -7.4% | +16413.5% |
| Nov 1991 | Dec 1991 | 2 | 2.0% | +38.6% | +4841.6% |
| Apr 1993 | Apr 1993 | 1 | 1.4% | +14.8% | +4217.8% |
| Nov 1993 | Nov 1993 | 1 | 1.5% | +40.2% | +4022.3% |
| Jul 1999 | Aug 1999 | 5 | 5.1% | -5.0% | +1097.3% |
| Sep 1999 | Nov 1999 | 8 | 10.3% | +9.6% | +1151.3% |
| Nov 1999 | Feb 2000 | 12 | 13.0% | +16.3% | +1077.5% |
| Mar 2000 | Oct 2000 | 31 | 16.8% | +19.3% | +1051.4% |
| May 2001 | May 2001 | 2 | 3.5% | +21.7% | +956.8% |
| Nov 2001 | Dec 2001 | 5 | 1.2% | -6.0% | +883.7% |
| Dec 2001 | Jan 2002 | 1 | 0.6% | -4.4% | +875.0% |
| Jul 2002 | Jan 2003 | 29 | 22.6% | +24.2% | +876.2% |
| Oct 2008 | Oct 2008 | 3 | 2.8% | +3.9% | +329.5% |
| Nov 2008 | Dec 2008 | 7 | 11.6% | +9.6% | +328.3% |
| Feb 2009 | Nov 2009 | 38 | 12.5% | +13.6% | +314.3% |
| May 2010 | Sep 2010 | 17 | 8.4% | +27.0% | +293.7% |
| Sep 2011 | Oct 2011 | 3 | 1.2% | +10.2% | +270.1% |
| Oct 2011 | Dec 2011 | 7 | 3.3% | +6.7% | +275.5% |
| May 2012 | Jun 2012 | 1 | 0.0% | +39.9% | +273.4% |
| Sep 2020 | Sep 2020 | 1 | 0.0% | +14.5% | +4.5% |
| Jun 2022 | Jun 2022 | 1 | 0.6% | +11.5% | -5.2% |
| Sep 2022 | Nov 2022 | 9 | 7.1% | +15.0% | -5.0% |
| Feb 2023 | Mar 2023 | 4 | 3.8% | +5.0% | -6.9% |
| Nov 2023 | Dec 2023 | 6 | 3.3% | +0.3% | -6.6% |
| Jan 2024 | Feb 2024 | 4 | 1.6% | +0.6% | -7.6% |
| Feb 2024 | Mar 2024 | 3 | 2.0% | -2.5% | -7.3% |
| Apr 2024 | Jan 2025 | 41 | 7.8% | -12.7% | -7.6% |
| Feb 2025 | Ongoing | 53+ | 29.1% | Ongoing | -6.7% |
| Average | 13 | — | +7.8% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02