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Medtronic plc (MDT)

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90.07 +0.82 (+0.92%)
At close: November 1 at 4:00 PM EDT
91.00 +0.93 (+1.03%)
After hours: November 1 at 7:59 PM EDT
Loading Chart for MDT
DELL
  • Previous Close 89.25
  • Open 89.83
  • Bid 89.07 x 800
  • Ask 91.07 x 800
  • Day's Range 89.26 - 90.92
  • 52 Week Range 69.32 - 92.68
  • Volume 4,991,314
  • Avg. Volume 5,956,582
  • Market Cap (intraday) 115.524B
  • Beta (5Y Monthly) 0.85
  • PE Ratio (TTM) 30.33
  • EPS (TTM) 2.97
  • Earnings Date Nov 19, 2024
  • Forward Dividend & Yield 2.80 (3.11%)
  • Ex-Dividend Date Sep 27, 2024
  • 1y Target Est 96.07

Medtronic plc develops, manufactures, and sells device-based medical therapies to healthcare systems, physicians, clinicians, and patients worldwide. The Cardiovascular Portfolio segment offers implantable cardiac pacemakers, cardioverter defibrillators, and cardiac resynchronization therapy devices; cardiac ablation products; insertable cardiac monitor systems; TYRX products; and remote monitoring and patient-centered software. It also provides aortic valves, surgical valve replacement and repair products, endovascular stent grafts and accessories, and transcatheter pulmonary valves; and percutaneous coronary intervention products, percutaneous angioplasty balloons, and other products. The Neuroscience Portfolio segment offers medical devices and implants, biologic solutions, spinal cord stimulation and brain modulation systems, implantable drug infusion systems, and interventional products, as well as nerve ablation system under the Accurian name. The segment offers its products for spinal surgeons, neurosurgeons, neurologists, pain management specialists, anesthesiologists, orthopedic surgeons, urologists, urogynecologists, and interventional radiologists, as well as ear, nose, and throat specialists; and energy surgical instruments. The Medical Surgical Portfolio segment offers surgical stapling devices, vessel sealing instruments, wound closure and electrosurgery products, AI-powered surgical video and analytics platform, robotic-assisted surgery products, hernia mechanical devices, mesh implants, gynecology products, gastrointestinal and hepatologic diagnostics and therapies, and therapies to treat other non-exclusive diseases and conditions; and patient monitoring and airway management products. The Diabetes Operating Unit segment provides insulin pumps and consumables, continuous glucose monitoring systems, and InPen, a smart insulin pen system. The company was founded in 1949 and is headquartered in Galway, Ireland.

www.medtronic.com

95,000

Full Time Employees

April 26

Fiscal Year Ends

Recent News: MDT

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Performance Overview: MDT

Trailing total returns as of 11/1/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

MDT
12.10%
S&P 500
20.10%

1-Year Return

MDT
31.97%
S&P 500
36.60%

3-Year Return

MDT
17.37%
S&P 500
24.39%

5-Year Return

MDT
5.04%
S&P 500
88.60%

Compare To: MDT

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Statistics: MDT

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Valuation Measures

Annual
As of 11/1/2024
  • Market Cap

    115.52B

  • Enterprise Value

    135.55B

  • Trailing P/E

    30.33

  • Forward P/E

    16.53

  • PEG Ratio (5yr expected)

    1.67

  • Price/Sales (ttm)

    3.65

  • Price/Book (mrq)

    2.41

  • Enterprise Value/Revenue

    4.16

  • Enterprise Value/EBITDA

    16.36

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    12.06%

  • Return on Assets (ttm)

    4.41%

  • Return on Equity (ttm)

    7.95%

  • Revenue (ttm)

    32.58B

  • Net Income Avi to Common (ttm)

    3.93B

  • Diluted EPS (ttm)

    2.97

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    7.84B

  • Total Debt/Equity (mrq)

    57.86%

  • Levered Free Cash Flow (ttm)

    4.9B

Research Analysis: MDT

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Earnings Per Share

Consensus EPS
 

Revenue vs. Earnings

Revenue 7.92B
Earnings 1.04B
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Analyst Price Targets

82.00 Low
96.07 Average
90.07 Current
110.12 High
 

Company Insights: MDT

Research Reports: MDT

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  • New products driving top-line growth

    With operational headquarters in Minneapolis, Medtronic is one of the world's largest medical technology and solutions companies. Its devices focus on cardiac rhythm management, spinal and surgical navigation technologies, treatments for diabetes and neurological conditions, vascular therapies, and cardiac surgery. MDT is a component of the S&P 500.

    Rating
    Price Target
     
  • Stocks fell on Thursday on a stronger than expected CPI report but weaker than

    Stocks fell on Thursday on a stronger than expected CPI report but weaker than expected unemployment claims. The CPI rose 0.2% in September, which brought the annual inflation rate to 2.4%. However, jobless claims rose to 258,000 for the week ended October 5, larger than the 230,000 claims expected. The S&P 500 fell 0.2%, the Dow was down 0.1%, the Nasdaq lost less than 0.1%, while the Russell 2000 fell 0.6%. Crude oil and gold were both up.

     
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    This pick list highlights constituents of the Morningstar US Large Cap Index that we believe offer investors the best risk-adjusted return prospects. Stocks of large-cap companies where neither growth nor value characteristics predominate. Stocks in the top 70% of the capitalization of the U.S. equity market are defined as large cap.

     
  • Large Cap US Pick List - September 2024

    This pick list highlights constituents of the Morningstar US Large Cap Index that we believe offer investors the best risk-adjusted return prospects. Stocks of large-cap companies where neither growth nor value characteristics predominate. Stocks in the top 70% of the capitalization of the U.S. equity market are defined as large cap.

     

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