Stryker Corporation (SYK)

NYSE: SYK · Real-Time Price · USD
385.68
-3.00 (-0.77%)
At close: Nov 20, 2024, 4:00 PM
386.91
+1.23 (0.32%)
Pre-market: Nov 21, 2024, 5:32 AM EST
-0.77%
Market Cap 147.03B
Revenue (ttm) 21.97B
Net Income (ttm) 3.59B
Shares Out 381.22M
EPS (ttm) 9.33
PE Ratio 41.35
Forward PE 29.31
Dividend $3.20 (0.83%)
Ex-Dividend Date Sep 30, 2024
Volume 781,996
Open 389.85
Previous Close 388.68
Day's Range 382.25 - 389.98
52-Week Range 285.79 - 398.20
Beta 0.92
Analysts Buy
Price Target 395.42 (+2.53%)
Earnings Date Oct 29, 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 19 analysts, the average rating for SYK stock is "Buy." The 12-month stock price forecast is $395.42, which is an increase of 2.53% from the latest price.

Price Target
$395.42
(2.53% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Stryker Bringing in Big Money

Strong financial performance has investors eyeing Stryker Corporation (SYK) closely.

1 day ago - FXEmpire

Stryker unveils Oculan Lighting Platform to enhance surgical visualization and illumination

FLOWER MOUND, Texas, USA, Nov. 19, 2024 /PRNewswire/ -- Stryker (NYSE: SYK), a global leader in medical technologies, unveiled the Oculan Lighting Platform, an innovative lighting solution designed to...

1 day ago - PRNewsWire

Stryker launches next generation of SurgiCount+ to help improve the standard of care in hospitals for sponge management and blood loss assessment

PORTAGE, Mich., USA, Nov. 14, 2024 /PRNewswire/ -- Stryker (NYSE:SYK), a global leader in medical technologies, announced its launch of the next generation of SurgiCount+ within its sponge management ...

6 days ago - PRNewsWire

Stryker Corporation (SYK) Q3 2024 Earnings Call Transcript

Stryker Corporation. (NYSE:SYK) Q3 2024 Earnings Conference Call October 29, 2024 4:30 PM ET Company Participants Kevin Lobo - Chair and Chief Executive Officer Jason Beach - Vice President, Finance ...

22 days ago - Seeking Alpha

Stryker: A High Quality MedTech Name Investors Should Own

Stryker Corporation is a global leader in medical devices, with strong growth prospects driven by an aging population and technological advancements. SYK has a robust track record of double-digit earn...

4 weeks ago - Seeking Alpha

Stryker: More Earnings Growth And Higher Prices Ahead

Stryker Corporation stock is recommended as a Buy due to its steady earnings growth, margin improvements, and strategic acquisitions, with a one-year price target 12.66% higher. Recent financial resul...

4 weeks ago - Seeking Alpha

Stryker's Acquisition Spree: Double-Digit Growth on the Horizon

Stryker SYK is a medical device company that has risen to become the third-largest U.S. firm in the healthcare equipment and supplies industry. The company has often acquired other firms to boost its ...

5 weeks ago - Benzinga

Stryker to announce its third quarter 2024 financial results

Portage, Michigan, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Stryker (NYSE:SYK) announced that it will report its third quarter 2024 financial results on Tuesday, October 29, 2024.  A press release will be is...

7 weeks ago - GlobeNewsWire

Stryker completes acquisition of Vertos Medical, Inc., expanding interventional pain management solutions

Portage, Michigan, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Stryker (NYSE: SYK) announced today that it has completed the acquisition of Vertos Medical Inc., a leader in interventional pain management soluti...

7 weeks ago - GlobeNewsWire

Stryker completes acquisition of care.ai

Portage, Michigan, Sept. 17, 2024 (GLOBE NEWSWIRE) -- Stryker (NYSE: SYK), announced that it has completed the previously announced acquisition of care.ai, a privately held company specializing in del...

2 months ago - GlobeNewsWire

Eko Health Announces Appointment of Brent Lang, Former CEO of Vocera, to Board of Directors

EMERYVILLE, Calif. , Sept. 12, 2024 /PRNewswire/ -- Eko Health , a pioneer in applying artificial intelligence (AI) for early detection of heart and lung diseases, today announced the appointment of B...

2 months ago - PRNewsWire

Stryker Expands Foot & Ankle Portfolio With Specialized Offerings Designed to Enhance Surgical Precision and Outcomes

PORTAGE, Mich.--(BUSINESS WIRE)--Stryker announced the addition of the Osteotomy Truss System™ and Ankle Truss System™ to its Foot & Ankle portfolio, which will be featured at AOFAS.

2 months ago - Business Wire

Stryker Corporation (SYK) Wells Fargo 2024 Healthcare Conference (Transcript)

Stryker Corporation (NYSE:SYK) Wells Fargo 2024 Healthcare Conference Call September 5, 2024 3:00 PM ET Company Participants Spencer Stiles - Group President, Orthopedics and Spine Jason Beach - Vice...

2 months ago - Seeking Alpha

3 Dividend-Growth Stocks That a Top-Rated Vanguard Fund Manager Likes

Add these names to your watchlist of dividend-growth stocks.

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3 months ago - Morningstar

Stryker announces definitive agreement to acquire Vertos Medical, Inc., expanding interventional pain management solutions

Portage, Michigan, Aug. 22, 2024 (GLOBE NEWSWIRE) -- Stryker (NYSE: SYK), a global leader in medical technologies, announced today a definitive agreement to acquire Vertos Medical Inc., a privately he...

3 months ago - GlobeNewsWire

Stryker to participate in the 2024 Wells Fargo Healthcare Conference

Portage, Michigan, Aug. 19, 2024 (GLOBE NEWSWIRE) -- Stryker (NYSE:SYK) will participate in the 2024 Wells Fargo Healthcare Conference on Thursday, September 5, at the Encore Boston Harbor.

3 months ago - GlobeNewsWire

Stryker declares an $0.80 per share quarterly dividend

Portage, Michigan, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Stryker (NYSE:SYK) announced that its Board of Directors has declared a quarterly dividend of $0.80 per share payable October 31, 2024 to sharehold...

3 months ago - GlobeNewsWire

Stryker Announces Launch of Pangea Plating System

KALAMAZOO, Mich.--(BUSINESS WIRE)--Stryker's new Pangea Plating System enhances trauma care for surgeons with reliable and user-friendly solutions.

3 months ago - Business Wire

Stryker: Wait For A Better Entry Point Post-Q2 Results

Stryker is a global medical products and devices company that has global operations in over 75 countries. Historically, the company has been a compounder, generating high returns on capital and has pu...

3 months ago - Seeking Alpha

Stryker CEO on earnings: We had a record quarter on robot installations

Kevin Lobo, Stryker CEO, joins 'Money Movers' to discuss the company's second quarter earnings as it saw strong demand for surgical procedures and new products.

4 months ago - CNBC Television

Stryker completes acquisition of MOLLI Surgical

SAN JOSE, California, USA, July 31, 2024 /PRNewswire/ -- Stryker (NYSE:SYK), a global leader in medical technologies, announced today that it has completed the acquisition of MOLLI Surgical Inc., a pr...

4 months ago - PRNewsWire

Stryker Corporation (SYK) Q2 2024 Earnings Call Transcript

Stryker Corporation (NYSE:SYK) Q2 2024 Earnings Conference Call July 30, 2024 4:30 PM ET Company Participants Kevin Lobo - Chair and Chief Executive Officer Jason Beach - Vice President, Finance and ...

4 months ago - Seeking Alpha

Stryker beats Q2 profit estimates on robust demand for medical devices, implants

Stryker Corp posted an upbeat second-quarter profit on Tuesday, as demand for its medical and surgical devices rose, driven by growth in non-urgent surgeries.

4 months ago - Reuters

Stryker's Spine Guidance 5 Software featuring Copilot receives 510(k) clearance from FDA

Q Guidance System with Spine Guidance 5 Software featuring Copilot is a first-to-market technology, pioneering new planning and surgical capabilities LEESBURG, Va. , July 30, 2024 /PRNewswire/ -- Stry...

4 months ago - PRNewsWire