Medtronic plc. (MDT)
| Market Cap | 103.47B |
| Revenue (ttm) | 30.81B |
| Net Income (ttm) | 4.32B |
| Shares Out | 1.33B |
| EPS (ttm) | 3.22 |
| PE Ratio | 24.41 |
| Forward PE | 14.88 |
| Dividend | $2.62 (3.33%) |
| Ex-Dividend Date | Sep 22, 2022 |
| Volume | 5,987,202 |
| Open | 77.77 |
| Previous Close | 77.79 |
| Day's Range | 77.3 - 78.92 |
| 52-Week Range | 75.83 - 114.31 |
| Beta | 0.74 |
| Analysts | Buy |
| Price Target | 95.77 (+21.9%) |
| Earnings Date | Nov 22, 2022 |
About MDT
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 accesso... [Read more]
Financial Performance
In 2022, Medtronic plc.'s revenue was $31.69 billion, an increase of 5.21% compared to the previous year's $30.12 billion. Earnings were $5.04 billion, an increase of 39.74%.
Financial StatementsAnalyst Forecast
According to 34 analysts, the average rating for MDT stock is "Buy." The 12-month stock price forecast is 95.77, which is an increase of 21.86% from the latest price.
News
Medtronic: Income Investor's Delight Available at a Discount
Medtronic PLC ( MDT , Financial) is an attractive stock for investors looking for solid and profitable options. The broad portfolio of medical devices, medications and services has been the driving forc...
Medtronic announces cash dividend for third quarter of fiscal year 2023
DUBLIN , Dec. 8, 2022 /PRNewswire/ -- The board of directors of Medtronic plc (NYSE:MDT) on Thursday, December 8, 2022, approved the fiscal year 2023 third quarter cash dividend of $0.68 per ordinary sh...
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Medtronic completes enrollment in pivotal trial evaluating first-of-its-kind pulsed field ablation catheter for patie...
SPHERE Per-AF will determine the safety and effectiveness of the Sphere-9 cardiac ablation and mapping catheter with the Affera mapping and navigation system DUBLIN , Dec. 5, 2022 /PRNewswire/ -- Medtro...
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Should You Buy Medtronic Stock At $80?
The recent fall can be attributed to the Q2FY23 results the company reported yesterday, with revenue falling below and earnings above our estimates.
Medtronic executives to speak at the Evercore ISI 5th annual HealthCONx conference
DUBLIN , Nov. 23, 2022 /PRNewswire/ -- Medtronic plc (NYSE:MDT), a global leader in healthcare technology, today announced it will participate in the Evercore ISI 5th annual HealthCONx conference on Tue...
Medtronic Stock Falls After Medical-Device Maker Posts Lower Earnings
Supply-chain and demand challenges pressure the Dublin-based company's latest quarterly results.
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Medtronic (MDT) Q2 Earnings Beat Estimates, Margins Down
Medtronic's (MDT) Q2 organic revenues reflect slower supply recovery and lower-than-anticipated underlying market procedure volumes in certain businesses.
Medtronic (MDT) Q2 Earnings Surpass Estimates
Medtronic (MDT) delivered earnings and revenue surprises of 1.56% and 1.72%, respectively, for the quarter ended October 2022. Do the numbers hold clues to what lies ahead for the stock?
Medical Behemoth Medtronic Crumbles After Missing Its Own Guidance
Medtronic reported mixed earnings and lighter-than-expected organic sales growth, leading MDT stock to tumble. The post Medical Behemoth Medtronic Crumbles After Missing Its Own Guidance appeared first ...
Medtronic Lowers Earnings Guidance, Citing Slower Procedure and Supply Recovery
The medical device maker misses fiscal second-quarter sales expectations and lowers its earnings guidance for the year.
Medtronic stock falls after profit beats expectations but revenue misses, and outlook is downbeat
Shares of Medtronic PLC MDT, +1.22% dropped 2.4% in premarket trading Tuesday, after the medical devices maker reported fiscal second-quarter profit that topped expectations but revenue that missed and ...
Medtronic reports second quarter fiscal 2023 financial results
Earnings delivered despite slower market procedure volume and supply recovery; Growth driven by TAVR, Pacing, U.S. Core Spine, and International Diabetes DUBLIN , Nov. 22, 2022 /PRNewswire/ -- Medtronic...
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What's in the Cards for Medtronic (MDT) in Q2 Earnings?
Medtronic's (MDT) Evolut PRO+ launch in Europe and Evolut PRO launch in China are expected to have contributed to the company's fiscal Q3 top line.
Will Medtronic Stock See Higher Levels Post Q2 Results?
Medtronic (NYSE: MDT) is scheduled to report its fiscal 2023 second-quarter results on Tuesday, November 22. We expect Medtronic to post revenues and earnings in line with the street estimates.
Medtronic to announce financial results for its second quarter of fiscal year 2023
DUBLIN , Nov. 15, 2022 /PRNewswire/ -- Medtronic plc (NYSE:MDT), a global leader in healthcare technology, today announced that it will report financial results for its second quarter of fiscal year 202...
Medtronic Launches World's First and Only Infusion Set for Insulin Pumps that Doubles Wear Time up to 7 days in U.S.
Annual costs savings of insulin of up to 25% and plastic waste reduction of up to 50% with Medtronic Extended infusion set DUBLIN , Nov. 15, 2022 /PRNewswire/ -- Medtronic plc (NYSE:MDT), a global leade...