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Medtronic (MDT)
NYSE:MDT
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MDT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$68.84 - $90.13
Previous Close$88.19
Volume7.94M
Average Volume (3M)6.34M
Market Cap
$113.10B
Enterprise Value$133.34B
Total Cash (Recent Filing)$7.84B
Total Debt (Recent Filing)$27.86B
Price to Earnings (P/E)29.7
Beta0.73
Next Earnings
Nov 19, 2024EPS Estimate
$1.25Next Dividend Ex-Date
Sep 27, 2024Dividend Yield3.13%
Share Statistics
EPS (TTM)2.97
Shares Outstanding1,282,490,493
10 Day Avg. Volume6,785,478
30 Day Avg. Volume6,341,235
Standard Deviation0.06
R-Squared0.44
Alpha-0.00924
Financial Highlights & Ratios
Price to Book (P/B)-28.34
Price to Sales (P/S)3.50
Price to Cash Flow (P/CF)10.20
P/FCF Ratio11.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.09
Enterprise Value/Gross Profit6.30
Enterprise Value/Ebitda21.80
Forecast
1Y Price Target
$93.06Price Target Upside5.06% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering21
Medtronic News
Bulls Say, Bears Say
Bulls Say
Division PerformanceSales for three of the four divisions surpassed Street expectations, with significant momentum in Cardiac Pacing, Structural Heart, Neuromod, and Diabetes.
Financial PerformanceFirst-quarter revenue of $8.0 billion exceeded both consensus and internal estimates, showcasing strong financial performance.
Product MomentumMedtronic is in the early stages of several new product cycles such as PFA, TAVR, surgical robotics, and renal denervation, driving future growth potential.
Bears Say
EarningsDespite the 3c EPS beat for FY1Q, full-year EPS guidance was increased by only a penny – which means the outlook for the remainder of the year actually came down.
Financial PerformanceHeadwinds like currency, inflation, and tax are expected to limit MDT's FY25 EPS growth.
Operational PerformanceKey pipeline initiatives critical to an increased growth outlook are not materializing.
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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 $68.84 and its highest was $90.13 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 Nov 19, 2024 which is in 80 days.
How were Medtronic’s earnings last quarter?
Medtronic released its earnings results on Aug 20, 2024. The company reported $1.23 earnings per share for the quarter, beating the consensus estimate of $1.199 by $0.031.
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 3.13%. See more information on Medtronic dividends here
What is Medtronic’s EPS estimate?
Medtronic’s EPS estimate is $1.25.
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 $1.23 in its last earnings report, beating expectations of $1.199. Following the earnings report the stock price went up 0.66%.
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 738M.
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Medtronic Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$93.06 (5.06% Upside)
$93.06 (5.06% Upside)
Blogger Sentiment
Bullish
MDT Sentiment 91%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 301.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.6M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.8%
Last 30 Days ▼ 2.8%
Last 30 Days ▼ 2.8%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
11.15%
12-Months-Change
Fundamentals
Return on Equity
7.92%
Trailing 12-Months
Asset Growth
-1.13%
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
Q1 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
$93.06
▲(5.06% Upside)
Technical Analysis
Best Analysts Covering MDT
1 Year
1 Year Success Rate
19/22 ratings generated profit
1 Year Average Return
+15.31%
reiterated a buy rating 9 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 +15.31% per trade.
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