Medtronic/MDT
$85.74
0.12%-
1D1W1MYTD1YMAX
About Medtronic
Medtronic Public Limited Company is an Ireland-based company, which provides healthcare technology solutions. The Company’s products category includes Advanced Surgical Technology; Cardiac Rhythm; Cardiovascular; Digestive & Gastrointestinal; Ear, Nose & Throat; General Surgery; Gynecological; Neurological; Oral & Maxillofacial; Patient Monitoring; Renal Care; Respiratory; Spinal & Orthopedic; Surgical Navigation & Imaging; Urological; Product Manuals; Product Ordering & Inquiries; and Product Performance & Advisories. Its products include Cardiac Implantable Electronic Device (CIED) Stabilization, Aortic Stent Graft Products, CareLink Personal Therapy Management Software, CareLink Pro Therapy Management Software. Its services and solutions include Ambulatory Surgery Center Resources, Care Management Services, Digital Connectivity Information Technology (IT) Support, Equipment Services and Support, Innovation Lab, Medtronic Healthcare Consulting, and Office-Based Sinus Surgery.
Ticker
MDT
Sector
Healthcare
Trading on
NYSE
Industry
Medical Equipment & Supplies
CEO
Geoffrey Martha
Employees
95,000
Headquarters
Dublin, Ireland
Website
www.medtronic.com
Medtronic Metrics
BasicAdvanced
$112B
Market cap
26.86
P/E ratio
$3.15
EPS
0.85
Beta
$2.75
Dividend rate
3.26%
Dividend yield
Price and volume
Market cap
$112B
Beta
0.8495
52-week high
$91.00
52-week low
$68.84
Average daily volume
6.1M
Dividend rate
$2.75
Financial strength
Current ratio
2.299
Quick ratio
1.714
Long term debt to equity
46.635
Total debt to equity
48.621
Dividend payout ratio (TTM)
87.07%
Enterprise value to free cash flow
75.854
Interest coverage (TTM)
30.78%
Management effectiveness
Return on assets (TTM)
4.58%
Return on equity (TTM)
8.14%
Return on investment (TTM)
5.28%
Valuation
Price to earnings (TTM)
26.858
Price to revenue (TTM)
3.481
Price to book
2.175
Price to free cash flow (TTM)
88.299
Five year average dividend yield
2.29%
Dividend yield (TTM)
3.25%
Forward dividend yield
3.26%
Growth
Revenue change (TTM)
5.03%
Earnings per share change (TTM)
3.7%
3-year revenue growth
2.6%
3-year earnings per share growth
-6.93%
3-year dividend per share growth
7.99%
What the Analysts think about Medtronic
Analyst Ratings
Majority rating from 33 analysts.
Price Targets
Average projection from 26 analysts.
High $104.00
Low $75.00
$85.74
Current price
$94.00
Average price target
Medtronic Financial Performance
Income StatementBalance sheetCash Flow
Income Statement
Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$8.1B
1.32%
Net income
$1.3B
45.43%
Profit margin
16.34%
43.59%
Medtronic Earnings Performance
Earnings per share (EPS)
Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$1.57
$1.20
$1.25
$1.30
-
Expected
$1.56
$1.11
$1.18
$1.26
$1.45
Surprise
0.8%
8.24%
5.86%
3.13%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.
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FAQs
What’s the current market cap for Medtronic stock?
Medtronic (MDT) has a market cap of $114B as of May 20, 2024.
What is the P/E ratio for Medtronic stock?
The price to earnings (P/E) ratio for Medtronic (MDT) stock is 27.24 as of May 20, 2024.
Does Medtronic stock pay dividends?
Yes, the Medtronic (MDT) stock pays dividends to shareholders. As of May 20, 2024, the dividend rate is $2.75 and the yield is 3.21%. Medtronic has a payout ratio of 87.07% on a trailing twelve-month basis.
When is the next Medtronic dividend payment date?
The next Medtronic (MDT) dividend payment date is unconfirmed.
What is the beta indicator for Medtronic?
Medtronic (MDT) has a beta rating of 0.85. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.
What is the Medtronic stock price target?
The target price for Medtronic (MDT) stock is $94, which is 9.4% above the current price of $85.92. This is an average based on projections from 26 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.
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