company background image
MDT

Medtronic NYSE:MDT Stock Report

Last Price

US$79.99

Market Cap

US$106.4b

7D

1.3%

1Y

0.5%

Updated

03 Dec, 2023

Data

Company Financials +

MDT Stock Overview

Medtronic plc develops, manufactures, and sells device-based medical therapies to healthcare systems, physicians, clinicians, and patients worldwide.

MDT fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance2/6
Financial Health5/6
Dividends4/6

Medtronic plc Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Medtronic
Historical stock prices
Current Share PriceUS$79.99
52 Week HighUS$92.02
52 Week LowUS$68.84
Beta0.72
1 Month Change10.24%
3 Month Change-2.61%
1 Year Change0.46%
3 Year Change-29.74%
5 Year Change-15.12%
Change since IPO3,807.91%

Recent News & Updates

Recent updates

3.5% Yield And Over 15% Annual Return Potential - I Really Like Medtronic

Nov 28

Returns On Capital At Medtronic (NYSE:MDT) Have Hit The Brakes

Nov 19
Returns On Capital At Medtronic (NYSE:MDT) Have Hit The Brakes

Medtronic: 3 Key Issues To Consider Ahead Of Fiscal Q2 2024 Earnings

Nov 17

Medtronic Faces Potential Decline Despite Financial Strength

Oct 29

An Intrinsic Calculation For Medtronic plc (NYSE:MDT) Suggests It's 21% Undervalued

Oct 19
An Intrinsic Calculation For Medtronic plc (NYSE:MDT) Suggests It's 21% Undervalued

Medtronic (NYSE:MDT) Seems To Use Debt Quite Sensibly

Oct 04
Medtronic (NYSE:MDT) Seems To Use Debt Quite Sensibly

Medtronic: Improved Guidance, Historically Cheap P/E, Yield Reaches 3.5%

Sep 27

Medtronic (NYSE:MDT) Is Paying Out A Dividend Of $0.69

Sep 18
Medtronic (NYSE:MDT) Is Paying Out A Dividend Of $0.69

Medtronic: The Tide Is Turning

Aug 24

Medtronic (NYSE:MDT) Is Paying Out A Dividend Of $0.69

Aug 21
Medtronic (NYSE:MDT) Is Paying Out A Dividend Of $0.69

Medtronic: Dark Clouds Are Clearing - Outperformance Ahead

Aug 14

Return Trends At Medtronic (NYSE:MDT) Aren't Appealing

Aug 11
Return Trends At Medtronic (NYSE:MDT) Aren't Appealing

Medtronic: Expanding Product Portfolio Without Affecting Dividend Growth

Jul 15

Are Medtronic plc (NYSE:MDT) Investors Paying Above The Intrinsic Value?

Jul 09
Are Medtronic plc (NYSE:MDT) Investors Paying Above The Intrinsic Value?

Is Medtronic (NYSE:MDT) A Risky Investment?

Jun 21
Is Medtronic (NYSE:MDT) A Risky Investment?

Medtronic: Weak Forecasts Spoiled Strong Results For The Reporting Quarter

Jun 21

Is Medtronic's Dividend In A Good Place?

Jun 14

Medtronic (NYSE:MDT) Is Increasing Its Dividend To $0.69

Jun 03
Medtronic (NYSE:MDT) Is Increasing Its Dividend To $0.69

Medtronic: Solid Q4 Earnings, Don't Fret About Guidance

May 26

Investors Met With Slowing Returns on Capital At Medtronic (NYSE:MDT)

May 04
Investors Met With Slowing Returns on Capital At Medtronic (NYSE:MDT)

Does This Valuation Of Medtronic plc (NYSE:MDT) Imply Investors Are Overpaying?

Mar 10
Does This Valuation Of Medtronic plc (NYSE:MDT) Imply Investors Are Overpaying?

Where Will Medtronic Stock Be In 4 Years?

Feb 17

Medtronic: A Trend Change May Be Underway Ahead Of Earnings

Feb 06

Medtronic recalls ~23K Mahurkar hemodialysis catheters

Jan 30

These 4 Measures Indicate That Medtronic (NYSE:MDT) Is Using Debt Reasonably Well

Jan 24
These 4 Measures Indicate That Medtronic (NYSE:MDT) Is Using Debt Reasonably Well

Medtronic: Destruction Is Nearly Over

Jan 06

Returns At Medtronic (NYSE:MDT) Appear To Be Weighed Down

Dec 28
Returns At Medtronic (NYSE:MDT) Appear To Be Weighed Down

Medtronic: Buy The Dip And Start The DRIP

Dec 07

We Discuss Why Medtronic plc's (NYSE:MDT) CEO Compensation May Be Closely Reviewed

Dec 02
We Discuss Why Medtronic plc's (NYSE:MDT) CEO Compensation May Be Closely Reviewed

Medtronic cut to hold at Deutsche Bank on macro headwinds

Nov 16

Shareholder Returns

MDTUS Medical EquipmentUS Market
7D1.3%1.0%1.1%
1Y0.5%-2.3%11.7%

Return vs Industry: MDT exceeded the US Medical Equipment industry which returned -2.3% over the past year.

Return vs Market: MDT underperformed the US Market which returned 11.7% over the past year.

Price Volatility

Is MDT's price volatile compared to industry and market?
MDT volatility
MDT Average Weekly Movement2.9%
Medical Equipment Industry Average Movement8.1%
Market Average Movement6.1%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market2.9%

Stable Share Price: MDT is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: MDT's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
194995,000Geoff Marthahttps://www.medtronic.com

Medtronic plc develops, manufactures, and sells device-based medical therapies to healthcare systems, physicians, clinicians, and patients worldwide. Its 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 products.

Medtronic plc Fundamentals Summary

How do Medtronic's earnings and revenue compare to its market cap?
MDT fundamental statistics
Market CapUS$106.36b
Earnings (TTM)US$4.10b
Revenue (TTM)US$31.96b

25.9x

P/E Ratio

3.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MDT income statement (TTM)
RevenueUS$31.96b
Cost of RevenueUS$10.97b
Gross ProfitUS$20.99b
Other ExpensesUS$16.88b
EarningsUS$4.10b

Last Reported Earnings

Oct 27, 2023

Next Earnings Date

Feb 20, 2024

Earnings per share (EPS)3.09
Gross Margin65.67%
Net Profit Margin12.84%
Debt/Equity Ratio48.5%

How did MDT perform over the long term?

See historical performance and comparison

Dividends

3.5%

Current Dividend Yield

89%

Payout Ratio