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Medtronic (MDT)
NYSE:MDT
Medtronic (MDT) Stock Price & Analysis
5,335 Followers
MDT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$67.71 - $88.74
Previous Close$80.6
Volume11.41M
Average Volume (3M)6.18M
Market Cap
$107.02B
Enterprise Value$124.09B
Total Cash (Recent Filing)$8.32B
Total Debt (Recent Filing)$25.18B
Price to Earnings (P/E)29.2
Beta0.73
Next Earnings
Aug 20, 2024EPS Estimate
$1.2Next Dividend Ex-Date
Jun 28, 2024Dividend Yield3.42%
Share Statistics
EPS (TTM)2.76
Shares Outstanding1,327,822,539
10 Day Avg. Volume7,558,873
30 Day Avg. Volume6,180,664
Standard Deviation0.07
R-Squared0.41
Alpha-0.00553
Financial Highlights & Ratios
Price to Book (P/B)-35.38
Price to Sales (P/S)12.53
Price to Cash Flow (P/CF)10.90
P/FCF Ratio11.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.84
Enterprise Value/Gross Profit6.05
Enterprise Value/Ebitda16.87
Forecast
1Y Price Target
$95.15Price Target Upside16.93% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering16
Medtronic News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceAnalyst reiterates a Buy rating with a price objective of 100.00 USD, indicating a belief in the stock's potential to increase in value from its current price.
Operational EfficiencyThe company has made structural changes and continues to invest in R&D, which could drive future growth and operational efficiency.
Product LaunchEarly PulseSelect PFA launch positive and Affera submitted to FDA.
Bears Say
Financial PerformanceMedtronic’s peers have been significantly increasing investments in the highest growth segments of the market.
Investment RecommendationInitiate coverage on shares of Medtronic with a Sell rating.
Market DynamicsHigher operating expenses led to a lower than expected earnings per share increase.
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Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
MDT FAQ
What was Medtronic’s price range in the past 12 months?
Medtronic lowest stock price was $67.71 and its highest was $88.74 in the past 12 months.
What is Medtronic’s market cap?
Currently, no data Available
When is Medtronic’s upcoming earnings report date?
Medtronic’s upcoming earnings report date is Aug 20, 2024 which is in 80 days.
How were Medtronic’s earnings last quarter?
Medtronic released its earnings results on May 23, 2024. The company reported $1.46 earnings per share for the quarter, beating the consensus estimate of $1.451 by $0.009.
Is Medtronic overvalued?
According to Wall Street analysts Medtronic’s price is currently Undervalued.
Does Medtronic pay dividends?
Medtronic pays a Quarterly dividend of $0.7 which represents an annual dividend yield of 3.42%. See more information on Medtronic dividends here
What is Medtronic’s EPS estimate?
Medtronic’s EPS estimate is $1.2.
How many shares outstanding does Medtronic have?
Medtronic has 1,327,822,500 shares outstanding.
What happened to Medtronic’s price movement after its last earnings report?
Medtronic reported an EPS of $1.46 in its last earnings report, beating expectations of $1.451. Following the earnings report the stock price went down -5.107%.
Which hedge fund is a major shareholder of Medtronic?
Among the largest hedge funds holding Medtronic’s share is First Eagle Investment Management LLC. It holds Medtronic’s shares valued at 821M.
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Medtronic Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$95.15 (16.93% Upside)
$95.15 (16.93% Upside)
Blogger Sentiment
Bullish
MDT Sentiment 92%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 2.9M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $71.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 0.3%
Last 30 Days ▼ 1.2%
Last 30 Days ▼ 1.2%
News Sentiment
Bullish
Bullish news 67%
Bearish news 33%
Bearish news 33%
Technicals
SMA
Positive
20 days / 200 days
Momentum
0.96%
12-Months-Change
Fundamentals
Return on Equity
7.23%
Trailing 12-Months
Asset Growth
-1.06%
Trailing 12-Months
Company Description
Medtronic
Founded in 1949, Medtronic Plc, a medical technology company, develops, manufactures, distributes, and sells device-based medical therapies and services worldwide. It operates through four segments, including Cardiac and Vascular Group; Minimally Invasive Technologies Group; Restorative Therapies Group; and Diabetes Group. The company is headquartered in Dublin, Ireland.
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MDT Company Deck
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MDT Earnings Call
Q4 2024
0:00 / 0:00
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MDT Net sales Breakdown
37.06% Cardiovascular
28.69% Neuroscience
27.01% Medical Surgical
7.24% Diabetes
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MDT Stock 12 Month Forecast
Average Price Target
$95.15
▲(16.93% Upside)
Technical Analysis
Best Analysts Covering MDT
1 Year
1 Year Success Rate
19/22 ratings generated profit
1 Year Average Return
+14.82%
reiterated a buy rating 6 months ago
Copying Kristen Stewart's trades and holding each position for 1 Year would result in 86.36% of your transactions generating a profit, with an average return of +14.82% per trade.
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