ResMed Inc. (RMD)

NYSE: RMD · Real-Time Price · USD
239.78
+2.65 (1.12%)
Jan 17, 2025, 4:00 PM EST - Market closed
1.12%
Market Cap 35.21B
Revenue (ttm) 4.81B
Net Income (ttm) 1.11B
Shares Out 146.86M
EPS (ttm) 7.54
PE Ratio 31.80
Forward PE 25.04
Dividend $2.12 (0.88%)
Ex-Dividend Date Nov 7, 2024
Volume 545,491
Open 237.99
Previous Close 237.13
Day's Range 235.88 - 240.35
52-Week Range 170.48 - 260.49
Beta 0.70
Analysts Buy
Price Target 236.44 (-1.39%)
Earnings Date Jan 30, 2025

About RMD

ResMed Inc. develops, manufactures, distributes, and markets medical devices and cloud-based software applications for the healthcare markets. The company 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 ApneaLink Air, a portable diagnostic device that measures oximetry, respiratory effort, pulse, nasal flow, and snoring; and NightOwl, a portable, cloud-connected, and disposable diagnostic device that measures AHI based on de... [Read more]

Sector Healthcare
IPO Date Jun 2, 1995
Employees 9,980
Stock Exchange NYSE
Ticker Symbol RMD
Full Company Profile

Financial Performance

In 2024, ResMed's revenue was $4.69 billion, an increase of 10.95% compared to the previous year's $4.22 billion. Earnings were $1.02 billion, an increase of 13.75%.

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for RMD stock is "Buy." The 12-month stock price forecast is $236.44, which is a decrease of -1.39% from the latest price.

Price Target
$236.44
(-1.39% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Top 50 High Quality Dividend Growth Stocks - January 2025

I track 50 high-quality dividend stocks, updating their valuations daily to identify Strong Buy, Buy, Hold, and Trim opportunities based on historical free cash flow trends. Using my quality score and...

8 days ago - Seeking Alpha

ResMed to Report Second Quarter Fiscal 2025 Earnings on January 30, 2025

SAN DIEGO, Jan. 09, 2025 (GLOBE NEWSWIRE) -- ResMed (NYSE: RMD, ASX: RMD) today announced it plans to release financial and operational results for the second quarter of fiscal year 2025 on Thursday, ...

11 days ago - GlobeNewsWire

ResMed Announces Participation in the 43rd Annual J.P. Morgan Healthcare Conference

SAN DIEGO, Jan. 06, 2025 (GLOBE NEWSWIRE) -- ResMed (NYSE: RMD, ASX: RMD) today announced Mick Farrell, chairman and chief executive officer, and Dr. Carlos Nunez, chief medical officer, will present ...

14 days ago - GlobeNewsWire

My Top 15 High Growth Dividend Stocks For January 2025

The SPDR S&P 500 ETF Trust ended 2024 on a sour note, losing 2.41% in December and finishing the year up 24.89%. The Top 15 dividend growth stocks for January 2025 offer an average dividend yield of 1...

Other symbols: APHDPZELVGPNINTUMAMPWR
17 days ago - Seeking Alpha

Sleep Apnea Device Maker Stocks Slide on FDA Ruling for Eli Lilly's Zepbound

Shares of ResMed (RMD) and Inspire Medical Systems (INSP) fell Monday as the companies behind products to treat sleep apnea faced a new threat from weight-loss drugs.

Other symbols: INSPLLY
4 weeks ago - Investopedia

Canada Sleep Apnea Devices Market Research Report 2024: Opportunities and Forecasts to 2029 Featuring Braebon Medical, VitalAire, FPM Solutions, SomnoMed, and ResMed

Dublin, Dec. 04, 2024 (GLOBE NEWSWIRE) -- The "Canada Sleep Apnea Devices Market, By Region, Competition, Forecast & Opportunities, 2019-2029F" report has been added to ResearchAndMarkets.com's offeri...

6 weeks ago - GlobeNewsWire

My Top 15 High-Growth Dividend Stocks For December 2024

The SPDR S&P 500 ETF Trust posted a strong gain of 5.96% in November, resuming its strong run in 2024. The Top 15 dividend growth stocks for December 2024 offer an average dividend yield of 1.2% and a...

Other symbols: ACNAPHCNIDPZELVGPNINTU
7 weeks ago - Seeking Alpha

ResMed Announces Participation in the UBS Global Healthcare Conference

SAN DIEGO, Nov. 05, 2024 (GLOBE NEWSWIRE) -- ResMed (NYSE: RMD, ASX: RMD) today announced Mick Farrell, Chairman and Chief Executive Officer, and Dr. Carlos Nunez, Chief Medical Officer, will particip...

2 months ago - GlobeNewsWire

My Top 15 High-Growth Dividend Stocks For November 2024

The SPDR S&P 500 ETF Trust posted a loss of 0.89% in October, putting a pause on its strong run in 2024. The Top 15 dividend growth stocks for November 2024 offer an average dividend yield of 1.24% an...

2 months ago - Seeking Alpha

ResMed CEO On Earnings, Sleep Apnea

ResMed (RMD) CEO Mick Farrell joins Morning Trade Live to discuss the company's latest earnings beat. ResMed primarily focuses on sleep apnea and COPD.

2 months ago - Schwab Network

Sleep Apnea Device Maker ResMed Is A Durable MedTech, With Positive Fundamentals, Says Analyst

On Thursday, ResMed Inc RMD reported first-quarter adjusted EPS of $2.20, up 34% year over year, beating the consensus of $2.04.

3 months ago - Benzinga

ResMed Inc. (RMD) Q1 2025 Earnings Call Transcript

ResMed Inc. (NYSE:RMD) Q1 2025 Earnings Conference Call October 24, 2024 4:30 PM ET Company Participants Amy Wakeham - Chief Investor Relations Officer Michael Farrell - Chairman and Chief Executive ...

3 months ago - Seeking Alpha

ResMed beats quarterly profit estimates on strong demand for its sleep apnea devices

ResMed beat Wall Street estimates for quarterly profit on Thursday, driven by strong demand for its devices used for sleep apnea treatment.

3 months ago - Reuters

ResMed to Report First Quarter Fiscal 2025 Earnings on October 24, 2024

SAN DIEGO, Oct. 03, 2024 (GLOBE NEWSWIRE) -- ResMed (NYSE: RMD, ASX: RMD) today announced it plans to release financial and operational results for the first quarter of fiscal year 2025 on Thursday, O...

3 months ago - GlobeNewsWire

My Top 15 High Growth Dividend Stocks For October 2024

The SPDR S&P 500 ETF Trust posted a gain of 2.10% in September as it continues marching on in 2024. The Top 15 dividend growth stocks for October 2024 offer an average dividend yield of 1.05% and appe...

Other symbols: ACNAPHDPZELVGPNINTUMA
3 months ago - Seeking Alpha

ResMed Unveils 2030 Strategy to Drive Growth, Profitability, and Shareholder Returns

NEW YORK and SAN DIEGO, Sept. 30, 2024 (GLOBE NEWSWIRE) -- ResMed (NYSE: RMD, ASX: RMD) today unveiled its 2030 Strategy to drive growth, profitability, and shareholder returns at an Investor Day in N...

4 months ago - GlobeNewsWire

UPDATE -- ResMed Unveils New Collection of Digital and Personalized Solutions designed to Improve Sleep Health

ResMed makes it easier for people to manage their sleep health and stay on (continuous positive airway pressure) CPAP treatment by integrating its leading myAir ™ consumer app with Apple and Android s...

4 months ago - GlobeNewsWire

UPDATE -- ResMed Enhances CPAP Therapy with its First Fabric Mask, Designed to Make it Easier for People to Embrace Their Treatment and Improve Overall Sleep Health

ResMed Enhances CPAP Therapy with its First Fabric Mask, Designed to Make it Easier for People to Embrace Their Treatment and Improve Overall Sleep Health

4 months ago - GlobeNewsWire

ResMed Enhances CPAP Therapy with its First Fabric Mask, Designed to Make it Easier for People to Embrace Their Treatment and Improve Overall Sleep Health

ResMed Enhances CPAP Therapy with its First Fabric Mask, Designed to Make it Easier for People to Embrace Their Treatment and Improve Overall Sleep Health

4 months ago - GlobeNewsWire

ResMed Unveils New Collection of Digital and Personalized Solutions designed to Improve Sleep Health

ResMed makes it easier for people to manage their sleep health and stay on (continuous positive airway pressure) CPAP treatment by integrating its leading myAir ™ consumer app with Apple and Android s...

4 months ago - GlobeNewsWire

ResMed: Growing Returns With Continuous Acquisitions Led To A Margin Of Safety

ResMed achieved double-digit revenue and profit growth over the past 9 years, driven by continuous acquisitions and improving operating efficiencies. ResMed's capital efficiencies showed mixed results...

4 months ago - Seeking Alpha

S&P 500 Gains and Losses Today: ResMed Drops as Weight-Loss Drugs Threaten Demand

Major U.S. equities indexes ended lower on Wednesday after the Federal Reserve reduced its benchmark interest rate by half a percentage point. Central bank policymakers opted for an aggressive rate cu...

4 months ago - Investopedia

Why ResMed's Rally Is Just Getting Started

ResMed's impressive turnaround, driven by margin improvements, innovative products, and GLP-1 drug tailwinds, positions it for significant long-term growth and elevated returns. The company's AirSense...

4 months ago - Seeking Alpha

ResMed to Host Its 2024 Investor Day on September 30, 2024, at the New York Stock Exchange

SAN DIEGO, Sept. 10, 2024 (GLOBE NEWSWIRE) -- ResMed (NYSE: RMD, ASX: RMD) will host an investor day on Monday, September 30, 2024, beginning at approximately 1:00 p.m. (Eastern Daylight Time). As pre...

4 months ago - GlobeNewsWire

United States Sleep Disorders Treatment Market 2024-2028, with Profiles of Better Night, Koala Centers, Marshall Medical Centers, Novasom, ResMed, Respironics, Sleep Holdings, SleepMed and More

Dublin, Sept. 04, 2024 (GLOBE NEWSWIRE) -- The "U.S. Sleep Disorders Treatment Market: Sleep Centers, Sleep Studies & CPAPs" report from Marketdata LLC has been added to ResearchAndMarkets.com's offer...

4 months ago - GlobeNewsWire