Stryker Corporation (SYK)

NYSE: SYK · IEX Real-Time Price · USD
334.30
-2.20 (-0.65%)
At close: Jul 2, 2024, 4:00 PM
330.00
-4.30 (-1.29%)
After-hours: Jul 2, 2024, 7:01 PM EDT
-0.65%
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]

Industry Medical Devices
Sector Healthcare
Founded 1941
Employees 26,700
Stock Exchange NYSE
Ticker Symbol SYK
Full Company Profile

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 Statements

Analyst 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.

Price Target
$370.89
(10.95% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

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...

Other symbols: CTASDESCHW
1 day ago - Invezz

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...

1 day ago - GlobeNewsWire

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...

14 days ago - PRNewsWire

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...

4 weeks ago - PRNewsWire

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.

4 weeks ago - Business Wire

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.

4 weeks ago - Business Wire

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 ...

7 weeks ago - GlobeNewsWire

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.

2 months ago - Business Wire

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.

2 months ago - Reuters

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:

2 months ago - GlobeNewsWire

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 ...

Other symbols: ATEC
3 months ago - Business Wire

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...

3 months ago - GlobeNewsWire

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:

3 months ago - GlobeNewsWire

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.

3 months ago - Business Wire

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...

3 months ago - PRNewsWire

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.

4 months ago - Business Wire

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 ...

5 months ago - PRNewsWire

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...

5 months ago - GlobeNewsWire

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...

Other symbols: BSX
5 months ago - Market Watch

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.

5 months ago - CNBC Television

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.

5 months ago - Business Wire

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...

5 months ago - Reuters

Final Trades: Abbvie, Stryker, Crown Castle, Marathon Petroleum

Jim Lebenthal, chief equity strategist at Cerity Partners, Jenny Harrington, Gilman Hill Asset Management CEO, Joe Terranova, senior managing director at Virtus Investment Partners, and Brenda Vingiel...

Other symbols: ABBVCCIMPC
6 months ago - CNBC Television

Health care stocks are back in favor and these 3 names could lead the rally, according to the charts

Here are three stocks in the health care sector that could provide further upside potential based on their improving technical characteristics.

Other symbols: AMGNBSX
6 months ago - CNBC

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.

6 months ago - Business Wire