On Monday, Medtronic Plc (NYSE: MDT) was unchanged from the session before settling in for the closing price of $86.54. A 52-week range for MDT has been $75.96 – $92.68.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Annual sales at Healthcare sector company grew by 1.24% over the past five years. When this article was written, the company’s average yearly earnings per share was at 4.82%. With a float of $1.28 billion, this company’s outstanding shares have now reached $1.28 billion.
Let’s look at the performance matrix of the company that is accounted for 95000 employees. In terms of profitability, gross margin is 62.65%, operating margin of 17.83%, and the pretax margin is 15.62%.
Medtronic Plc (MDT) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Medtronic Plc stocks. The insider ownership of Medtronic Plc is 0.08%, while institutional ownership is 84.69%. The most recent insider transaction that took place on Oct 31 ’24, was worth 2,691,794. Before that another transaction happened on Oct 30 ’24, when Company’s Former Director proposed sale 15,000 for $90.58, making the entire transaction worth $1,358,740.
Medtronic Plc (MDT) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 4.82% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.75% during the next five years compared to -4.12% drop over the previous five years of trading.
Medtronic Plc (NYSE: MDT) Trading Performance Indicators
You can see what Medtronic Plc (MDT) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.39. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.37. Likewise, its price to free cash flow for the trailing twelve months is 20.24.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.28, a number that is poised to hit 1.36 in the next quarter and is forecasted to reach 5.84 in one year’s time.
Technical Analysis of Medtronic Plc (MDT)
Medtronic Plc (NYSE: MDT) saw its 5-day average volume 6.41 million, a positive change from its year-to-date volume of 6.28 million. As of the previous 9 days, the stock’s Stochastic %D was 66.57%. Additionally, its Average True Range was 1.53.
During the past 100 days, Medtronic Plc’s (MDT) raw stochastic average was set at 61.63%, which indicates a significant increase from 56.74% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.15% in the past 14 days, which was higher than the 17.87% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $88.69, while its 200-day Moving Average is $84.50. Nevertheless, the first resistance level for the watch stands at $86.95 in the near term. At $87.35, the stock is likely to face the second major resistance level. The third major resistance level sits at $87.86. If the price goes on to break the first support level at $86.04, it is likely to go to the next support level at $85.53. The third support level lies at $85.13 if the price breaches the second support level.
Medtronic Plc (NYSE: MDT) Key Stats
There are 1,282,286K outstanding shares of the company, which has a market capitalization of 111.32 billion. As of now, sales total 32,364 M while income totals 3,677 M. Its latest quarter income was 8,403 M while its last quarter net income were 1,269 M.
