Stryker Corporation (SYK)
Market Cap | 127.35B |
Revenue (ttm) | 20.96B |
Net Income (ttm) | 3.36B |
Shares Out | 380.95M |
EPS (ttm) | 8.76 |
PE Ratio | 38.16 |
Forward PE | 26.96 |
Dividend | $3.20 (0.96%) |
Ex-Dividend Date | Jun 28, 2024 |
Volume | 844,111 |
Open | 335.41 |
Previous Close | 336.50 |
Day's Range | 332.01 - 337.69 |
52-Week Range | 249.98 - 361.41 |
Beta | 0.93 |
Analysts | Strong Buy |
Price Target | 370.89 (+10.95%) |
Earnings Date | Jul 30, 2024 |
About SYK
Stryker Corporation operates as a medical technology company. The company operates through two segments, MedSurg and Neurotechnology, and Orthopaedics and Spine. The Orthopaedics and Spine segment provides implants for use in total joint replacements, such as hip, knee and shoulder, and trauma and extremities surgeries. This segment also offers spinal implant products comprising cervical and thoracolumbar systems that include fixation, minimally invasive and interbody systems used in spinal injury, complex spine and degenerative therapies. The ... [Read more]
Financial Performance
In 2023, Stryker's revenue was $20.50 billion, an increase of 11.11% compared to the previous year's $18.45 billion. Earnings were $3.17 billion, an increase of 34.22%.
Financial StatementsAnalyst Forecast
According to 18 analysts, the average rating for SYK stock is "Strong Buy." The 12-month stock price forecast is $370.89, which is an increase of 10.95% from the latest price.
News
These 4 undervalued stocks could be hidden gems of H2 2024
U.S. stocks did amazingly well in the first half this year and the second half is unlikely to be any different, says Christopher Carey – portfolio manager at Carnegie Investment Counsel. Following are...
Stryker to announce financial results for its second quarter of fiscal year 2024
Portage, Michigan, July 01, 2024 (GLOBE NEWSWIRE) -- Stryker (NYSE:SYK) announced that it will report financial results for first quarter of fiscal year 2024 on Tuesday, July 30, 2024. A press releas...
Stryker joins Atrium Health affiliate IRCAD North America to advance surgical training and education
PORTAGE, Michigan and CHARLOTTE, North Carolina, USA, June 18, 2024 /PRNewswire/ -- Stryker is bringing its innovative products, platforms and robotic technologies to IRCAD North America (IRCAD NA), a...
Stryker releases LIFEPAK 35 monitor/defibrillator
LIFEPAK 35, a clinically advanced monitor/defibrillator, reduces caregiver burden and streamlines workflow.1 PORTAGE, Mich., USA, June 4, 2024 /PRNewswire/ -- Stryker (NYSE:SYK), a global leader in me...
Stryker Announces Definitive Agreement to Acquire Artelon, Inc., Offering a Range of Soft Tissue Fixation Solutions for Orthopaedic Surgeons
KALAMAZOO, Mich.--(BUSINESS WIRE)--Stryker announced the signing of a definitive agreement to acquire all of the issued and outstanding shares of Artelon.
First European Surgeries Completed Using Stryker's Gamma4 Hip Fracture Nailing System
AMSTERDAM, Netherlands--(BUSINESS WIRE)--The first surgeries utilizing Stryker's Gamma4 Hip Fracture Nailing System were completed in Europe.
Stryker declares a $0.80 per share quarterly dividend
Portage, Michigan, May 09, 2024 (GLOBE NEWSWIRE) -- Stryker (NYSE:SYK) announced that its Board of Directors has declared a quarterly dividend of $0.80 per share payable July 31, 2024 to shareholders ...
First Surgeries Using Stryker's Infinity With Adaptis and Everlast Successfully Completed in Europe
AMSTERDAM--(BUSINESS WIRE)--Stryker announced the completion of the first European surgeries using the Infinity Total Ankle System with Adaptis and Everlast technology.
Stryker lifts 2024 profit forecast on strong demand for medical devices, implants
Stryker Corp lifted its full-year profit forecast on Tuesday, owing to resilient demand for the company's medical devices and implants.
Stryker reports first quarter 2024 operating results
Portage, Michigan, April 30, 2024 (GLOBE NEWSWIRE) -- Stryker (NYSE:SYK) reported operating results for the first quarter of 2024:
Spineology® Appoints new Member to Leadership Team; Spine Veteran Emory Rooney joins as Executive Vice President of Sales
ST. PAUL, Minn.--(BUSINESS WIRE)--Spineology Inc. ("Spineology" or the "Company"), the leader in ultra-minimally invasive spine surgery, announced today the addition of Emory Rooney as Executive Vice ...
Stryker to announce financial results for its first quarter of fiscal year 2024
Portage, Michigan, April 01, 2024 (GLOBE NEWSWIRE) -- Stryker (NYSE:SYK) announced that it will report financial results for first quarter of fiscal year 2024 on Tuesday, April 30, 2024. A press rele...
Stryker announces Annual Meeting of Shareholders
Portage, Michigan, March 26, 2024 (GLOBE NEWSWIRE) -- Stryker (NYSE:SYK) announced its 2024 Annual Meeting of Shareholders is scheduled as follows:
Stryker launches Gamma4 Hip Fracture Nailing System in Europe
AMSTERDAM--(BUSINESS WIRE)--Stryker's Gamma4 system is designed to treat hip and femur fractures and streamline procedural workflows for surgeons.
Stryker completes acquisition of SERF SAS
MAHWAH, N.J., USA, March 21, 2024 /PRNewswire/ -- Stryker (NYSE: SYK), a leading global medical technology company, announced today that it has completed the previously announced acquisition of SERF S...
First shoulder arthroplasty surgeries using Stryker's Blueprint® Mixed Reality Guidance System completed in Europe
AMSTERDAM--(BUSINESS WIRE)--The first shoulder arthroplasty surgeries using Stryker's Blueprint Mixed Reality Guidance System were successfully completed in Europe.
Stryker showcases commitment to innovation at AAOS 2024 Annual Meeting
MAHWAH, N.J. , Feb. 13, 2024 /PRNewswire/ -- Stryker (NYSE: SYK), a global leader in medical technology, showcases its commitment to innovation and technological advancement in Joint Replacement with ...
Stryker to participate in Citi's 2024 Unplugged Medtech and Life Sciences Access Day
Portage, Michigan, Feb. 05, 2024 (GLOBE NEWSWIRE) -- Stryker (NYSE:SYK) will participate in Citi's 2024 Unplugged Medtech and Life Sciences Access Day on Thursday, February 29, 2024 at Citigroup Headq...
Medical-device makers' stocks jump as procedures keep going strong
Shares of Stryker Corp. SYK, +7.67%, Boston Scientific Corp. BSX, +3.50% and other medical-technology companies jumped Wednesday as sustained demand for medical procedures brightened investors' outloo...
Stryker CEO Kevin Lobo on M&A goals in 2024
Stryker CEO Kevin Lobo joins 'Money Movers' to discuss the company's quarterly earnings results, what offensive M&A could look like for Stryker, and what's driving the company's organic growth.
Stryker Expands Prophecy® Surgical Planning System to Include the New Footprint™, Offering Surgeons a Comprehensive View of the Foot and Ankle
PORTAGE, Mich.--(BUSINESS WIRE)--Stryker launched Prophecy Footprint, an expansion of the Prophecy Surgical Planning system, offering surgical planning across the entire foot.
Stryker forecasts strong 2024 as uptick in surgeries lift demand for devices
Stryker Corp forecast 2024 profit above Wall Street estimates on Tuesday, banking on a post-pandemic pick-up in volume for certain surgical procedures at hospitals to drive sales for its medical and s...
Final Trades: Abbvie, Stryker, Crown Castle, Marathon Petroleum
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First Shoulder Arthroplasty Surgeries Using Stryker's Blueprint® Mixed Reality Guidance System Completed at Mayo Clinic in Minnesota and at St. Joseph's Health Care London in Canada
KALAMAZOO, Mich.--(BUSINESS WIRE)--Stryker announced that the first shoulder arthroplasty surgeries using Blueprint® Mixed Reality Guidance have been successfully completed.