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Medtronic (MDT)
NYSE:MDT
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MDT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$75.96 - $92.68
Previous Close$85
Volume7.39M
Average Volume (3M)6.25M
Market Cap
$109.01B
Enterprise Value$129.25B
Total Cash (Recent Filing)$7.84B
Total Debt (Recent Filing)$27.86B
Price to Earnings (P/E)25.9
Beta0.63
Next Earnings
Feb 18, 2025EPS Estimate
$1.36Last Dividend Ex-Date
Sep 27, 2024Dividend Yield3.17%
Share Statistics
EPS (TTM)3.28
Shares Outstanding1,282,490,493
10 Day Avg. Volume7,707,367
30 Day Avg. Volume6,251,303
Standard Deviation0.07
R-Squared0.45
Alpha-0.00892
Financial Highlights & Ratios
Price to Book (P/B)2.27
Price to Sales (P/S)3.45
Price to Cash Flow (P/CF)28.50
P/FCF Ratio46.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.97
Enterprise Value/Gross Profit6.11
Enterprise Value/Ebitda15.61
Forecast
1Y Price Target
$94.53Price Target Upside12.39% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering20
Medtronic News
Bulls Say, Bears Say
Bulls Say
Financial GuidanceThe company raised the low end of its guidance range for F2025 organic revenue growth, indicating confidence in its future performance.
Product InnovationMedtronic announced that its Affera mapping and ablation system and its Sphere-9 catheter were approved by the FDA, positioning it as the first focal PFA system on the US market.
Sales PerformanceDiabetes sales of $686M outpaced the $663M Street assumption, with sales growing 11.0% organically.
Bears Say
Financial ConstraintsHigh interest rates may limit Medtronic's research and development capabilities, potentially delaying new product launches that could drive share price growth.
Market CompetitionThe growing popularity of GLP-1 drugs could significantly impact Medtronic's insulin pump sales, with a risk of losing 50% of its market share.
Profitability ChallengesMedtronic faces challenges such as inflation, higher labor costs, and higher material costs, which have led to a decline in net profits and profit margins.
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Ownership Overview
0.07% Insiders
24.92% Mutual Funds
18.62% Other Institutional Investors
36.27% 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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MDT FAQ
What was Medtronic’s price range in the past 12 months?
Medtronic lowest stock price was $75.96 and its highest was $92.68 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 Feb 18, 2025 which is in 89 days.
How were Medtronic’s earnings last quarter?
Medtronic released its earnings results on Nov 19, 2024. The company reported $1.26 earnings per share for the quarter, beating the consensus estimate of $1.25 by $0.01.
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 3.17%. See more information on Medtronic dividends here
What is Medtronic’s EPS estimate?
Medtronic’s EPS estimate is $1.36.
How many shares outstanding does Medtronic have?
Medtronic has 1,282,490,500 shares outstanding.
What happened to Medtronic’s price movement after its last earnings report?
Medtronic reported an EPS of $1.26 in its last earnings report, beating expectations of $1.25. Following the earnings report the stock price went down -2.957%.
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 844M.
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Medtronic Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$94.53 (12.39% Upside)
$94.53 (12.39% Upside)
Blogger Sentiment
Bullish
MDT Sentiment 95%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Increased
By 639.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days <0.1%
Last 30 Days ▲ 1.6%
Last 30 Days ▲ 1.6%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
17.54%
12-Months-Change
Fundamentals
Return on Equity
8.58%
Trailing 12-Months
Asset Growth
-0.05%
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
Q2 2024
0:00 / 0:00
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MDT Net sales Breakdown
36.56% Cardiovascular
29.06% Neuroscience
26.01% Medical Surgical
7.69% Diabetes
0.68% Other operating segment
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MDT Stock 12 Month Forecast
Average Price Target
$94.53
▲(12.39% Upside)
Technical Analysis
Best Analysts Covering MDT
1 Year
1 Year Success Rate
19/22 ratings generated profit
1 Year Average Return
+15.29%
reiterated a buy rating 12 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 +15.29% per trade.
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