Stryker
Market Cap
US$93.4b
Last Updated
2021/05/13 22:44 UTC
Data Sources
Company Financials +
Executive Summary
Stryker Corporation operates as a medical technology company. More Details
Rewards
Risk Analysis
Snowflake Analysis
Reasonable growth potential average dividend payer.
Similar Companies
Share Price & News
How has Stryker's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SYK is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: SYK's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
-2.5%
SYK
-3.1%
US Medical Equipment
-2.8%
US Market
1 Year Return
38.2%
SYK
33.2%
US Medical Equipment
49.0%
US Market
Return vs Industry: SYK exceeded the US Medical Equipment industry which returned 33.2% over the past year.
Return vs Market: SYK underperformed the US Market which returned 49% over the past year.
Shareholder returns
| SYK | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.5% | -3.1% | -2.8% |
| 30 Day | -2.3% | -2.5% | -2.6% |
| 90 Day | -0.1% | -4.1% | -1.5% |
| 1 Year | 39.7%38.2% | 34.2%33.2% | 51.5%49.0% |
| 3 Year | 49.7%44.7% | 67.1%63.1% | 58.2%48.3% |
| 5 Year | 140.2%126.4% | 151.9%133.5% | 123.8%98.9% |
Long-Term Price Volatility Vs. Market
How volatile is Stryker's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall St
Stryker (NYSE:SYK) Is Reinvesting At Lower Rates Of Return2 weeks ago | Simply Wall St
Stryker Corporation's (NYSE:SYK) CEO Compensation Is Looking A Bit Stretched At The Moment9 months ago | Simply Wall St
How Is Stryker's (NYSE:SYK) CEO Compensated?Valuation
Is Stryker undervalued compared to its fair value and its price relative to the market?
66.17x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: SYK ($247.85) is trading above our estimate of fair value ($233.11)
Significantly Below Fair Value: SYK is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SYK is poor value based on its PE Ratio (66.2x) compared to the US Medical Equipment industry average (57.2x).
PE vs Market: SYK is poor value based on its PE Ratio (66.2x) compared to the US market (19.8x).
Price to Earnings Growth Ratio
PEG Ratio: SYK is poor value based on its PEG Ratio (2.2x)
Price to Book Ratio
PB vs Industry: SYK is overvalued based on its PB Ratio (6.9x) compared to the US Medical Equipment industry average (4.3x).
Future Growth
How is Stryker forecast to perform in the next 1 to 3 years based on estimates from 27 analysts?
29.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SYK's forecast earnings growth (29.5% per year) is above the savings rate (2%).
Earnings vs Market: SYK's earnings (29.5% per year) are forecast to grow faster than the US market (14.8% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SYK's revenue (7% per year) is forecast to grow slower than the US market (8.9% per year).
High Growth Revenue: SYK's revenue (7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SYK's Return on Equity is forecast to be high in 3 years time (23.3%)
Past Performance
How has Stryker performed over the past 5 years?
6.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SYK has a large one-off loss of $922.0M impacting its March 31 2021 financial results.
Growing Profit Margin: SYK's current net profit margins (9.6%) are lower than last year (14.5%).
Past Earnings Growth Analysis
Earnings Trend: SYK's earnings have grown by 6.6% per year over the past 5 years.
Accelerating Growth: SYK's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SYK had negative earnings growth (-34.9%) over the past year, making it difficult to compare to the Medical Equipment industry average (21.6%).
Return on Equity
High ROE: SYK's Return on Equity (10.4%) is considered low.
Financial Health
How is Stryker's financial position?
Financial Position Analysis
Short Term Liabilities: SYK's short term assets ($9.0B) exceed its short term liabilities ($4.0B).
Long Term Liabilities: SYK's short term assets ($9.0B) do not cover its long term liabilities ($16.0B).
Debt to Equity History and Analysis
Debt Level: SYK's debt to equity ratio (96.8%) is considered high.
Reducing Debt: SYK's debt to equity ratio has increased from 84.9% to 96.8% over the past 5 years.
Debt Coverage: SYK's debt is well covered by operating cash flow (24%).
Interest Coverage: SYK's interest payments on its debt are well covered by EBIT (8.7x coverage).
Balance Sheet
Dividend
What is Stryker current dividend yield, its reliability and sustainability?
1.02%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: SYK's dividend (1.02%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.27%).
High Dividend: SYK's dividend (1.02%) is low compared to the top 25% of dividend payers in the US market (3.45%).
Stability and Growth of Payments
Stable Dividend: SYK's dividends per share have been stable in the past 10 years.
Growing Dividend: SYK's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (64.3%), SYK's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SYK's dividends in 3 years are forecast to be well covered by earnings (25.7% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.1yrs
Average management tenure
CEO
Kevin Lobo (55 yo)
8.58yrs
Tenure
US$13,317,032
Compensation
Mr. Kevin A. Lobo has been the Chief Executive Officer of Stryker Corporation since October 1, 2012. He serves as Chairman of the Board at The Advanced Medical Technology Association (AdvaMed). He serves a...
CEO Compensation Analysis
Compensation vs Market: Kevin's total compensation ($USD13.32M) is about average for companies of similar size in the US market ($USD11.15M).
Compensation vs Earnings: Kevin's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: SYK's management team is considered experienced (4.1 years average tenure).
Board Members
Experienced Board: SYK's board of directors are considered experienced (3.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SYK insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Stryker Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Stryker Corporation
- Ticker: SYK
- Exchange: NYSE
- Founded: 1941
- Industry: Health Care Equipment
- Sector: Healthcare
- Market Cap: US$93.377b
- Shares outstanding: 376.75m
- Website: https://www.stryker.com
Number of Employees
Location
- Stryker Corporation
- 2825 Airview Boulevard
- Kalamazoo
- Michigan
- 49002
- United States
Listings
Biography
Stryker Corporation operates as a medical technology company. The company operates through three segments: Orthopaedics, MedSurg, and Neurotechnology and Spine. The Orthopaedics segment provides implants f...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/05/13 22:44 |
| End of Day Share Price | 2021/05/13 00:00 |
| Earnings | 2021/03/31 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.