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Medtronic NYSE:MDT Stock Report

Last Price

US$83.66

Market Cap

US$111.0b

7D

-2.2%

1Y

5.1%

Updated

18 Mar, 2024

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
Dividends5/6

Narratives

Beta

Narratives bring a range of perspectives from our community.

Medtronic plc Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Medtronic
Historical stock prices
Current Share PriceUS$83.66
52 Week HighUS$92.02
52 Week LowUS$68.84
Beta0.77
1 Month Change-0.90%
3 Month Change1.94%
1 Year Change5.09%
3 Year Change-28.40%
5 Year Change-7.68%
Change since IPO57,395.52%

Recent News & Updates

Medtronic: Undervalued Medical Devices Stock With Robust Demand And Strong Dividend Growth

Mar 11

Medtronic (NYSE:MDT) Has Announced A Dividend Of $0.69

Mar 11
Medtronic (NYSE:MDT) Has Announced A Dividend Of $0.69

Recent updates

Medtronic: Undervalued Medical Devices Stock With Robust Demand And Strong Dividend Growth

Mar 11

Medtronic (NYSE:MDT) Has Announced A Dividend Of $0.69

Mar 11
Medtronic (NYSE:MDT) Has Announced A Dividend Of $0.69

Medtronic: Its Recent Beat Proves That It Continues To Be A Rock

Feb 25

Results: Medtronic plc Beat Earnings Expectations And Analysts Now Have New Forecasts

Feb 22
Results: Medtronic plc Beat Earnings Expectations And Analysts Now Have New Forecasts

Medtronic: A Good Choice For Dividend Investors Seeking For Low Volatility

Feb 16

A Look At The Fair Value Of Medtronic plc (NYSE:MDT)

Jan 31
A Look At The Fair Value Of Medtronic plc (NYSE:MDT)

Does Medtronic (NYSE:MDT) Have A Healthy Balance Sheet?

Jan 16
Does Medtronic (NYSE:MDT) Have A Healthy Balance Sheet?

Medtronic Stock's Rally Is Set To Continue

Jan 11

Medtronic plc's (NYSE:MDT) Price Is Out Of Tune With Earnings

Dec 29
Medtronic plc's (NYSE:MDT) Price Is Out Of Tune With Earnings

Medtronic's (NYSE:MDT) Dividend Will Be $0.69

Dec 12
Medtronic's (NYSE:MDT) Dividend Will Be $0.69

Medtronic: The GLP-1 Drug Headwinds Are Overblown

Dec 10

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

Shareholder Returns

MDTUS Medical EquipmentUS Market
7D-2.2%-1.5%-0.1%
1Y5.1%12.2%28.4%

Return vs Industry: MDT underperformed the US Medical Equipment industry which returned 12.2% over the past year.

Return vs Market: MDT underperformed the US Market which returned 28.4% over the past year.

Price Volatility

Is MDT's price volatile compared to industry and market?
MDT volatility
MDT Average Weekly Movement2.1%
Medical Equipment Industry Average Movement8.0%
Market Average Movement6.1%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.0%

Stable Share Price: MDT has not had significant price volatility in the past 3 months.

Volatility Over Time: MDT's weekly volatility (2%) 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$110.97b
Earnings (TTM)US$4.20b
Revenue (TTM)US$32.32b

26.4x

P/E Ratio

3.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MDT income statement (TTM)
RevenueUS$32.32b
Cost of RevenueUS$11.08b
Gross ProfitUS$21.24b
Other ExpensesUS$17.04b
EarningsUS$4.20b

Last Reported Earnings

Jan 26, 2024

Next Earnings Date

May 23, 2024

Earnings per share (EPS)3.16
Gross Margin65.72%
Net Profit Margin13.00%
Debt/Equity Ratio48.3%

How did MDT perform over the long term?

See historical performance and comparison

Dividends

3.3%

Current Dividend Yield

87%

Payout Ratio

Does MDT pay a reliable dividends?

See MDT dividend history and benchmarks
When do you need to buy MDT by to receive an upcoming dividend?
Medtronic dividend dates
Ex Dividend DateMar 21 2024
Dividend Pay DateApr 12 2024
Days until Ex dividend2 days
Days until Dividend pay date24 days

Does MDT pay a reliable dividends?

See MDT dividend history and benchmarks
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