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Franklin Lakes, New Jersey-based Becton, Dickinson and Company (BDX) is a global medical technology company that develops, manufactures, and sells medical supplies, devices, laboratory equipment, and diagnostic products. With a market cap of $49.4 billion, the company operates through BD Medical, BD Life Sciences, and BD Interventional segments.
Shares of the medical technology company have lagged behind the broader market over the past 52 weeks. BDX has dropped 27.4% over this time frame, while the broader S&P 500 Index ($SPX) has gained 11.5%. Moreover, shares of BDX are down 24.1% on a YTD basis, compared to SPX’s marginal rise.
