ResMed Inc. (ASX: RMD)

Australia flag Australia · Delayed Price · Currency is AUD
28.38
+0.05 (0.18%)
Jul 3, 2024, 4:10 PM AEST
-12.05%
Market Cap 41.69B
Revenue (ttm) 6.64B
Net Income (ttm) 1.44B
Shares Out 1.47B
EPS (ttm) 0.96
PE Ratio 28.91
Forward PE 23.87
Dividend 0.29 (1.01%)
Ex-Dividend Date May 8, 2024
Volume 1,109,861
Open 28.50
Previous Close 28.33
Day's Range n/a
52-Week Range 21.14 - 34.27
Beta 0.69
Analysts n/a
Price Target 34.42 (+21.28%)
Earnings Date Aug 1, 2024

About ResMed

ResMed Inc. develops, manufactures, distributes, and markets medical devices and cloud-based software applications for the healthcare markets. It operates in two segments, Sleep and Respiratory Care, and Software as a Service. It offers various products and solutions for a range of respiratory disorders, including technologies to be applied in medical and consumer products, ventilation devices, diagnostic products, mask systems for use in the hospital and home, headgear and other accessories, dental devices, and cloud-based software informatics... [Read more]

Sector Healthcare
Founded 1989
Employees 10,140
Stock Exchange Australian Securities Exchange
Ticker Symbol RMD
Full Company Profile

Financial Performance

In 2023, ResMed's revenue was $4.22 billion, an increase of 32.10% compared to the previous year's $3.20 billion. Earnings were $897.56 million, an increase of 89.16%.

Financial numbers in USD Financial Statements

News

This Is What Whales Are Betting On ResMed

Deep-pocketed investors have adopted a bearish approach towards ResMed (NYSE: RMD), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled thi...

4 days ago - Benzinga

ResMed Stock Is Down Because of GLP-1 Concerns. It Shouldn't Be.

Shares of ResMed, a maker of CPAP and other sleep-apnea airway machines, have dropped because of weight-loss developments. It's an overreaction.

5 days ago - Barrons

Inspire Medical, ResMed decline following Lilly tirzepatide sleep apnea data

Inspire Medical Systems (INSP) and ResMed (RMD) see significant drops in trading after positive data on Eli Lilly's tirzepatide as a sleep apnea treatment. Read more here.

8 days ago - Seeking Alpha

Why ResMed Shares Are Trading Lower Monday

ResMed, Inc. (NYSE: RMD) stock is trading lower Monday after Eli Lilly and Company (NYSE: LLY) released data from a clinical trial in regards to the treatment of sleep apnea . The Details: Lilly rel...

8 days ago - Benzinga

ResMed, Coinbase Global, Nvidia And Other Big Stocks Moving Lower On Monday

Full story available on Benzinga.com

8 days ago - Benzinga

ResMed, Coinbase Global, Nvidia And Other Big Stocks Moving Lower On Monday

U.S. stocks were mixed, with the Dow Jones index gaining around 300 points on Monday.

8 days ago - Benzinga

Stocks making the biggest moves midday: ResMed, Affirm, Nvidia, Anheuser-Busch and more

These are the stocks posting the largest moves midday.

8 days ago - CNBC

Top Stock Movers Now: Affirm, Nvidia, ResMed, and More

U.S. equities were mixed at midday Monday, June 24, 2024 as most sectors gained, but tech stocks lost ground.

8 days ago - Investopedia

Medical-device makers ResMed and Inspire slump after Lilly’s Zepbound trial shows benefits for sleep apnea

ResMed and Inspire Medical make devices that help patients with sleep apnea breathe better.

8 days ago - MarketWatch

Why a Pair of Eli Lilly Clinical Trials Sent ResMed Stock Tumbling

Eli Lilly released results from a pair of clinical trials on Friday afternoon that showed the capability of its weight-loss drug Zepbound to reduce the severity of sleep apnea, potentially impacting R...

8 days ago - Investopedia

Eli Lilly's Weight-Loss Drug Takes Down ResMed, Inspire Medical — Again

ResMed stock and Inspire Medical Systems stock tumbled Monday after Eli Lilly said its weight-loss drug reduced sleep apnea events.

8 days ago - Investor's Business Daily

ResMed sinks as drug trial spark Ozempic-style sell-off

New results from Eli Lilly’s weight-loss drug have traders reaching for the sell button, but analysts aren’t so sure.

9 days ago - The Australian Financial Review

4 Medical Product Stocks to Buy From a Recovering Industry

The Zacks Medical – Products industry's revenues are expected to continue its growth trajectory on the back of the recovery in demand for surgeries and procedures, new products and expansion into new ...

13 days ago - Benzinga

Insider Sale: CFO Brett Sandercock Sells Shares of ResMed Inc (RMD)

Insider Sale: CFO Brett Sandercock Sells Shares of ResMed Inc (RMD)

21 days ago - GuruFocus

PAP Therapy Reduces Hospitalizations by 31% and ER Visits by 23% for People with Obstructive Sleep Apnea and Comorbid Insomnia

SAN DIEGO, June 10, 2024 (GLOBE NEWSWIRE) -- In collaboration with leading medical researchers from around the world, ResMed (NYSE: RMD, ASX: RMD) presented 13 new clinical studies at SLEEP 2024, the ...

22 days ago - GlobeNewsWire

$100 Invested In ResMed 20 Years Ago Would Be Worth This Much Today

ResMed (NYSE: RMD) has outperformed the market over the past 20 years by 7.11% on an annualized basis producing an average annual return of 15.03%. Currently, ResMed has a market capitalization of $3...

4 weeks ago - Benzinga

Derelict sites in Enniscorthy identified for compulsory purchase as council tackles housing shortages

As it continues its efforts to alleviate the housing crisis in the county, Wexford County Council (WCC) has provided details of its work bringing derelict properties back into the market. At the May m...

5 weeks ago - Independent Ireland

Here's How Much a $1000 Investment in ResMed Made 10 Years Ago Would Be Worth Today

How much a stock's price changes over time is important for most investors, since price performance can both impact your investment portfolio and help you compare investment results across sectors and...

5 weeks ago - Benzinga

Developed in Collaboration with Leading Scientists, New ResMed-Supported Research at ATS 2024 Provides Evidence of the Effectiveness and Critical Role of Positive Airway Pressure Therapy

Among 26 ResMed-supported abstracts, these were the highlights: New findings show positive airway pressure (PAP) therapy reduced risks of death and hospitalization for patients with obstructive sleep ...

5 weeks ago - GlobeNewsWire

ATS 2024: New ResMed-Supported Research Shows Increasing Prevalence of Obstructive Sleep Apnea and Critical Role of PAP Therapy

SAN DIEGO, May 16, 2024 (GLOBE NEWSWIRE) -- When:          May 17–22, 2024 Where:         San Diego Convention Center (SDCC) | 111 Harbor Dr. San Diego, CA 92101                       Marriott Marquis...

6 weeks ago - GlobeNewsWire

3 Hot Stocks to Buy That Still Look Undervalued

#Morningstar  #HotStocks #StockInvesting These top-performing stocks have beaten the market in 2024 yet appear to have more room to run. 00:00 Introduction 00:43 Moderna MRNA 01:27 Hasbro HAS 02:06 Re...

7 weeks ago - Morningstar