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Medtronic PLC (MDT)

NYSE
Currency in USD
84.01
-0.13(-0.15%)
Closed
After Hours
83.86-0.15(-0.18%)
MDT Scorecard
Full Analysis
Management has been aggressively buying back shares
Fair Value
Day's Range
83.5784.55
52 wk Range
75.9692.68
Key Statistics
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Prev. Close
84.14
Open
84
Day's Range
83.57-84.55
52 wk Range
75.96-92.68
Volume
4.31M
Average Volume (3m)
6.14M
1-Year Change
5.87%
Book Value / Share
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Fair Value
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Fair Value Upside
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MDT Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
96.43
Upside
+14.78%
Members' Sentiments
Bearish
Bullish
ProTips
Has raised its dividend for 11 consecutive years
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Medtronic PLC Company Profile

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.

Medtronic PLC SWOT Analysis


Steady Growth Path
Medtronic demonstrates consistent 4-5% organic sales growth, with projected EPS growth of 10-11% for FY25, showcasing resilience in challenging markets
Innovation Pipeline
Explore Medtronic's diverse range of new medical devices and technologies, driving future revenue expansion and market share gains across multiple specialties
Market Dynamics
Learn how Medtronic navigates competition while leveraging its scale and research capabilities to maintain leadership in the medical technology secto
Financial Outlook
Analysts set average price target at $103, with potential for accelerated earnings growth as foreign exchange headwinds ease in late FY25 and FY26
Read full SWOT analysis
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Medtronic PLC Earnings Call Summary for Q3/2024

  • Q1 FY2025: Revenue up 5.3%, adjusted EPS up 3% (8% constant currency). Full-year guidance raised to 4.5-5% organic revenue growth.
  • Key growth drivers: Cardiac Rhythm Management, Micro leadless pacemaker. Surgical segment growth moderate due to market factors.
  • Global partnership with Abbott for integrated CGM solutions. Gary Corona appointed Interim CFO, succeeding Karen Parkhill.
  • Focus on tuck-in M&A, share repurchases. Expects improved operating margins in H2. Committed to Hugo surgical robot as midterm growth driver.
  • Optimistic about pulsed field ablation and renal denervation growth. Q2 earnings call scheduled for November 19.
Last Updated: 21/08/2024, 07:48 am
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Compare MDT to Peers and Sector

Metrics to compare
MDT
Peers
Sector
Relationship
P/E Ratio
25.1x−1.6x−0.7x
PEG Ratio
4.16−0.120.00
Price/Book
2.2x0.9x2.6x
Price / LTM Sales
3.3x1.7x3.2x
Upside (Analyst Target)
15.5%58.8%46.6%
Fair Value Upside
Unlock9.8%7.4%Unlock

Analysts' Recommendations

17 Buy
14 Hold
2 Sell
Ratings:
28 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 96.43

(+14.78% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 3.28
Dividend Yield
3.33%
Industry Median 0.73%
Annualised payout
2.8000
Paid quarterly
5-Years Growth
+5.97%
Growth Streak

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FAQ

What Is the Medtronic (MDT) Stock Price Today?

The Medtronic stock price today is 84.01

What Stock Exchange Does Medtronic Trade On?

Medtronic is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for Medtronic?

The stock symbol for Medtronic is "MDT."

Does Medtronic Pay Dividends? What’s The Current Dividend Yield?

The Medtronic dividend yield is 3.33%.

What Is the Medtronic Market Cap?

As of today, Medtronic market cap is 107.72B.

What is Medtronic Earnings Per Share?

The Medtronic EPS is 3.28.

What Is the Next Medtronic Earnings Date?

Medtronic will release its next earnings report on 17 Feb 2025.

From a Technical Analysis Perspective, Is MDT a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Sell.
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