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Medtronic (MDT)
NYSE:MDT
Medtronic (MDT) Stock Price & Analysis
5,474 Followers
MDT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$67.11 - $87.96
Previous Close$79.48
Volume9.29M
Average Volume (3M)6.38M
Market Cap
$101.91B
Enterprise Value$119.14B
Total Cash (Recent Filing)$8.01B
Total Debt (Recent Filing)$25.02B
Price to Earnings (P/E)28.8
Beta0.76
Next Earnings
Aug 20, 2024EPS Estimate
$1.2Last Dividend Ex-Date
Jun 28, 2024Dividend Yield3.48%
Share Statistics
EPS (TTM)2.76
Shares Outstanding1,282,269,783
10 Day Avg. Volume6,316,846
30 Day Avg. Volume6,382,347
Standard Deviation0.07
R-Squared0.45
Alpha-0.00803
Financial Highlights & Ratios
Price to Book (P/B)-26.19
Price to Sales (P/S)12.19
Price to Cash Flow (P/CF)9.40
P/FCF Ratio10.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.68
Enterprise Value/Gross Profit5.63
Enterprise Value/Ebitda19.74
Forecast
1Y Price Target
$91.36Price Target Upside14.95% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering14
Medtronic News
PremiumCompany Announcements
Medtronic CFO Transition and Interim Appointment Update
Bulls Say, Bears Say
Bulls Say
Financial PerformanceMDT reaffirmed its guidance for both F1Q'25 and the full year, reducing the likelihood of a significant negative surprise.
Growth OpportunitiesMDT has multiple high-growth opportunities in areas such as PFA, leadless CRM, renal denervation, and TAVR.
Product LaunchesMDT expects sales growth to accelerate as new products launch and EPS growth to reach the HSDs exiting the year.
Bears Say
Financial PerformanceHigher operating expenses led to a lower operating margin than estimated.
ManagementMDT announced the departure of its CFO, Karen Parkhill.
Market CompetitionMedtronic’s peers have been significantly increasing investments in the highest growth segments of the market.
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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 $67.11 and its highest was $87.96 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 29 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 3.48%. 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 1,282,269,800 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 -5.106%.
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
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$91.36 (14.95% Upside)
$91.36 (14.95% Upside)
Blogger Sentiment
Bullish
MDT Sentiment 91%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Increased
By 2.9M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.6M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▼ 0.7%
Last 30 Days ▲ 2.0%
Last 30 Days ▲ 2.0%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-4.52%
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
$91.36
▲(14.95% Upside)
Technical Analysis
Best Analysts Covering MDT
1 Year
1 Year Success Rate
19/22 ratings generated profit
1 Year Average Return
+14.83%
reiterated a buy rating 8 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 +14.83% per trade.
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