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Stryker Corporation (SYK)
NYSE:SYK
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SYK Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$276.60 - $381.54
Previous Close$378.86
Volume1.63M
Average Volume (3M)1.07M
Market Cap
$144.43B
Enterprise Value$155.23B
Total Cash (Recent Filing)$4.68B
Total Debt (Recent Filing)$15.48B
Price to Earnings (P/E)40.6
Beta0.78
Next Earnings
Feb 04, 2025EPS Estimate
$3.88Last Dividend Ex-Date
Sep 30, 2024Dividend Yield0.85%
Share Statistics
EPS (TTM)9.33
Shares Outstanding381,215,773
10 Day Avg. Volume1,338,129
30 Day Avg. Volume1,073,484
Standard Deviation0.07
R-Squared0.46
Alpha0.00081
Financial Highlights & Ratios
Price to Book (P/B)7.33
Price to Sales (P/S)6.57
Price to Cash Flow (P/CF)24.50
P/FCF Ratio27.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue7.06
Enterprise Value/Gross Profit11.89
Enterprise Value/Ebitda29.22
Forecast
1Y Price Target
$400.81Price Target Upside3.54% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering22
Stryker News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceSYK delivered strong diversified results in 3Q24, with revenue significantly exceeding analyst and market expectations.
Market PositionStryker enjoys market-leading positions in the $41B orthopedic market, the $31B MedSurg, and the $8B neurovascular market.
Product LaunchesSYK's ongoing super cycle of key product launches across the portfolio is anticipated to be a material tailwind for the company through at least the remainder of 2024 and 2025.
Bears Say
Financial PerformanceSYK's gross margin was down 20 bps Y/Y.
Foreign Exchange ImpactIf FX rates hold near current levels, sales will likely face a slightly unfavorable impact compared to 2023.
Growth OutlookThe company's outlook for 4Q24's organic growth is below Stryker's historical trend for a strong quarter.
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Ownership Overview
4.87% Insiders
22.44% Mutual Funds
15.27% Other Institutional Investors
40.38% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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SYK FAQ
What was Stryker Corporation’s price range in the past 12 months?
Stryker Corporation lowest stock price was $276.60 and its highest was $381.54 in the past 12 months.
What is Stryker Corporation’s market cap?
Currently, no data Available
When is Stryker Corporation’s upcoming earnings report date?
Stryker Corporation’s upcoming earnings report date is Feb 04, 2025 which is in 72 days.
How were Stryker Corporation’s earnings last quarter?
Stryker Corporation released its earnings results on Oct 29, 2024. The company reported $2.87 earnings per share for the quarter, beating the consensus estimate of $2.772 by $0.098.
Is Stryker Corporation overvalued?
According to Wall Street analysts Stryker Corporation’s price is currently Undervalued.
Does Stryker Corporation pay dividends?
Stryker Corporation pays a Quarterly dividend of $0.8 which represents an annual dividend yield of 0.85%. See more information on Stryker Corporation dividends here
What is Stryker Corporation’s EPS estimate?
Stryker Corporation’s EPS estimate is $3.88.
How many shares outstanding does Stryker Corporation have?
Stryker Corporation has 381,215,760 shares outstanding.
What happened to Stryker Corporation’s price movement after its last earnings report?
Stryker Corporation reported an EPS of $2.87 in its last earnings report, beating expectations of $2.772. Following the earnings report the stock price went up 1.231%.
Which hedge fund is a major shareholder of Stryker Corporation?
Among the largest hedge funds holding Stryker Corporation’s share is Fisher Asset Management LLC. It holds Stryker Corporation’s shares valued at 1B.
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Stryker Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$400.81 (3.54% Upside)
$400.81 (3.54% Upside)
Blogger Sentiment
Bullish
SYK Sentiment 100%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Increased
By 33.5K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $105.8M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 0.6%
Last 30 Days ▲ 6.4%
Last 30 Days ▲ 6.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
39.78%
12-Months-Change
Fundamentals
Return on Equity
18.87%
Trailing 12-Months
Asset Growth
15.22%
Trailing 12-Months
Company Description
Stryker Corporation
Michigan-based Stryker Corp. was founded in 1941. The company provides medical technology products and services. It operates its business through the following segments: Orthopaedics, MedSurg and Neurotechnology and Spine.
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SYK Earnings Call
Q3 2024
0:00 / 0:00
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SYK Net sales Breakdown
57.74% MedSurg and Neurotechnology
42.26% Orthopaedics and Spine
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SYK Stock 12 Month Forecast
Average Price Target
$400.81
▲(3.54% Upside)
Technical Analysis
Best Analysts Covering SYK
1 Year
1 Year Success Rate
23/26 ratings generated profit
1 Year Average Return
+17.74%
reiterated a buy rating 24 days ago
Copying Matt Miksic's trades and holding each position for 1 Year would result in 88.46% of your transactions generating a profit, with an average return of +17.74% per trade.
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