Stryker Corporation operates as a medical technology company.
Average dividend payer with moderate growth potential.
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 has not had significant price volatility in the past 3 months.
7 Day Return
US Medical Equipment
1 Year Return
US Medical Equipment
Return vs Industry: SYK underperformed the US Medical Equipment industry which returned 22.1% over the past year.
Return vs Market: SYK underperformed the US Market which returned 20.1% over the past year.
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
5 days ago | Simply Wall StStryker (NYSE:SYK) Shareholders Have Enjoyed An Impressive 128% Share Price Gain
2 weeks ago | Simply Wall StDo You Like Stryker Corporation (NYSE:SYK) At This P/E Ratio?
3 weeks ago | Simply Wall StShould You Like Stryker Corporation’s (NYSE:SYK) High Return On Capital Employed?
Is Stryker undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SYK ($221.54) is trading below our estimate of fair value ($228.92)
Significantly Below Fair Value: SYK is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: SYK is good value based on its PE Ratio (39.8x) compared to the Medical Equipment industry average (47.1x).
PE vs Market: SYK is poor value based on its PE Ratio (39.8x) compared to the US market (18.4x).
Price to Earnings Growth Ratio
PEG Ratio: SYK is poor value based on its PEG Ratio (2.7x)
Price to Book Ratio
PB vs Industry: SYK is overvalued based on its PB Ratio (6.5x) compared to the US Medical Equipment industry average (4x).
How is Stryker forecast to perform in the next 1 to 3 years based on estimates from 27 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SYK's forecast earnings growth (14.6% per year) is above the savings rate (1.7%).
Earnings vs Market: SYK's earnings (14.6% per year) are forecast to grow faster than the US market (14.5% per year).
High Growth Earnings: SYK's earnings are forecast to grow, but not significantly.
Revenue vs Market: SYK's revenue (6.1% per year) is forecast to grow slower than the US market (7.6% per year).
High Growth Revenue: SYK's revenue (6.1% 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 (21.1%)
How has Stryker performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SYK has a large one-off loss of $684.0M impacting its December 31 2019 financial results.
Growing Profit Margin: SYK's current net profit margins (14%) are lower than last year (26.1%).
Past Earnings Growth Analysis
Earnings Trend: SYK's earnings have grown significantly by 24.7% 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 (-41.4%) over the past year, making it difficult to compare to the Medical Equipment industry average (7.1%).
Return on Equity
High ROE: SYK's Return on Equity (16.3%) is considered low.
Return on Assets
Return on Capital Employed
How is Stryker's financial position?
Financial Position Analysis
Short Term Liabilities: SYK's short term assets ($11.4B) exceed its short term liabilities ($4.4B).
Long Term Liabilities: SYK's short term assets ($11.4B) do not cover its long term liabilities ($13.0B).
Debt to Equity History and Analysis
Debt Level: SYK's debt to equity ratio (86.6%) is considered high.
Reducing Debt: SYK's debt to equity ratio has increased from 46.2% to 86.6% over the past 5 years.
Debt Coverage: SYK's debt is not well covered by operating cash flow (19.8%).
Interest Coverage: SYK's interest payments on its debt are well covered by EBIT (25.7x coverage).
Inventory Level: SYK has a high level of physical assets or inventory.
Debt Coverage by Assets: SYK's debt is covered by short term assets (assets are 1x debt).
What is Stryker's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Purchase Stryker before the 'Buy Limit' to receive their next dividend payment.
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: SYK's dividend (1.04%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: SYK's dividend (1.04%) is low compared to the top 25% of dividend payers in the US market (3.69%).
Stability and Growth of Payments
Stable Dividend: SYK's dividends per share have been stable in the past 10 years.
Growing Dividend: SYK's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (38.3%), SYK's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SYK's dividends in 3 years are forecast to be well covered by earnings (25.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Kevin Lobo (54yo)
Mr. Kevin A. Lobo, ACFE has been the Chief Executive Officer of Stryker Corporation since October 1, 2012. Mr. Lobo served as the President of Stryker from October 1, 2012 to August 1, 2018. He served as t ...
CEO Compensation Analysis
Compensation vs Market: Kevin's total compensation ($USD13.91M) is about average for companies of similar size in the US market ($USD10.81M).
Compensation vs Earnings: Kevin's compensation has been consistent with company performance over the past year.
|Chairman & CEO||7.3yrs||US$13.91m||0.0083% $6.9m|
|President & COO||1.5yrs||US$6.63m||0.043% $35.6m|
|VP & CFO||3.8yrs||US$3.79m||0.0051% $4.3m|
|Group President of Global Quality & Operations||1.8yrs||US$4.39m||0.00059% $489.6k|
|Advisor to Chief Executive Officer||0.8yrs||US$2.34m||0.0019% $1.6m|
|Principal Accounting Officer||6yrs||no data||0.00028% $232.4k|
|CTO and VP of Global R&D - Joint Replacement||0yrs||no data||no data|
|Vice President of Strategy & Investor Relations||3yrs||no data||0.0017% $1.4m|
|Vice President of Compliance & Risk Management||6.5yrs||no data||no data|
|VP & Chief Legal Officer||0.8yrs||no data||no data|
Experienced Management: SYK's management team is considered experienced (3 years average tenure).
|Chairman & CEO||7.3yrs||US$13.91m||0.0083% $6.9m|
|Chairman Emeritus||0yrs||US$286.99k||5.35% $4.4b|
|Independent Director||36.1yrs||US$290.12k||6.5% $5.4b|
|Independent Director||2.5yrs||US$290.12k||0.00044% $365.1k|
|Independent Director||9.7yrs||US$305.12k||0.0056% $4.7m|
|Independent Director||13.6yrs||US$305.12k||0.0044% $3.7m|
|Independent Director||10.6yrs||US$290.12k||0.0056% $4.6m|
|Lead Independent Director||3.4yrs||US$325.12k||0.0024% $2.0m|
|Independent Director||1.8yrs||US$251.58k||0.00028% $232.4k|
|Independent Director||6.3yrs||US$310.12k||0.00051% $423.2k|
Experienced Board: SYK's board of directors are considered experienced (6.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SYK insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Stryker Corporation's company bio, employee growth, exchange listings and data sources
- Name: Stryker Corporation
- Ticker: SYK
- Exchange: NYSE
- Founded: 1941
- Industry: Health Care Equipment
- Sector: Healthcare
- Market Cap: US$82.983b
- Shares outstanding: 374.58m
- Website: https://www.stryker.com
Number of Employees
- Stryker Corporation
- 2825 Airview Boulevard
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SYK||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Jan 1980|
|SYK||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jan 1980|
|SYK||XTRA (XETRA Trading Platform)||Yes||Common Stock||DE||EUR||Jan 1980|
|SYK||SWX (SIX Swiss Exchange)||Yes||Common Stock||CH||CHF||Jan 1980|
|0R2S||LSE (London Stock Exchange)||Yes||Common Stock||GB||USD||Jan 1980|
|SYK *||BMV (Bolsa Mexicana de Valores)||Yes||Common Stock||MX||MXN||Jan 1980|
|SYK||WBAG (Wiener Boerse AG)||Yes||Common Stock||AT||EUR||Jan 1980|
|S1YK34||BOVESPA (Bolsa de Valores de Sao Paulo)||BDR EACH 4 REPR 1 COM||BR||BRL||Jan 2020|
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 for use in hip and knee joint replacements, and trauma and extremities surgeries. The MedSurg segment offers surgical equipment and surgical navigation systems, endoscopic and communications systems, patient handling, emergency medical equipment and intensive care disposable products, reprocessed and remanufactured medical devices, and other medical devices that are used in various medical specialties. The Neurotechnology and Spine segment provides neurotechnology products, which include products used for minimally invasive endovascular techniques; products for brain and open skull based surgical procedures; orthobiologic and biosurgery products, such as synthetic bone grafts and vertebral augmentation products; and minimally invasive products for the treatment of acute ischemic and hemorrhagic stroke. This segment also provides spinal implant products comprising cervical, thoracolumbar, and interbody systems that are used in spinal injury, deformity, and degenerative therapies. The company sells its products to doctors, hospitals, and other healthcare facilities through company-owned subsidiaries and branches, as well as third-party dealers and distributors in approximately 75 countries. Stryker Corporation was founded in 1941 and is headquartered in Kalamazoo, Michigan.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/16 23:44|
|End of Day Share Price||2020/02/14 00:00|
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.