Stryker Corp (NYSE: SYK) kicked off on Tuesday, down -0.51% from the previous trading day, before settling in for the closing price of $372.70. Over the past 52 weeks, SYK has traded in a range of $288.15-$398.20.
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It was noted that within the last five years, the titan of the Healthcare sector saw sales topped by 8.80%. While this was happening, its average annual earnings per share was recorded 13.74%. With a float of $357.30 million, this company’s outstanding shares have now reached $381.20 million.
The extent of productivity of a business whose workforce counts for 52000 workers is very important to gauge. In terms of profitability, gross margin is 62.47%, operating margin of 20.37%, and the pretax margin is 19.07%.
Stryker Corp (SYK) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Medical Devices Industry. The insider ownership of Stryker Corp is 6.27%, while institutional ownership is 80.55%. The most recent insider transaction that took place on Nov 15 ’24, was worth 201,056. In this transaction Group President of this company sold 514 shares at a rate of $391.16, taking the stock ownership to the 50,611 shares. Before that another transaction happened on Nov 15 ’24, when Company’s Officer proposed sale 514 for $389.88, making the entire transaction worth $200,398.
Stryker Corp (SYK) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 13.74% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.60% during the next five years compared to -2.45% drop over the previous five years of trading.
Stryker Corp (NYSE: SYK) Trading Performance Indicators
Take a look at Stryker Corp’s (SYK) current performance indicators. Last quarter, stock had a quick ratio of 1.22. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.43. Likewise, its price to free cash flow for the trailing twelve months is 44.11.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 9.33, a number that is poised to hit 3.87 in the next quarter and is forecasted to reach 13.52 in one year’s time.
Technical Analysis of Stryker Corp (SYK)
The latest stats from [Stryker Corp, SYK] show that its last 5-days average volume of 1.1 million was inferior to 1.26 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 7.16%. Additionally, its Average True Range was 6.48.
During the past 100 days, Stryker Corp’s (SYK) raw stochastic average was set at 67.11%, which indicates a significant increase from 10.58% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 12.45% in the past 14 days, which was lower than the 18.19% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $373.56, while its 200-day Moving Average is $351.29. Now, the first resistance to watch is $374.24. This is followed by the second major resistance level at $377.66. The third major resistance level sits at $380.76. If the price goes on to break the first support level at $367.72, it is likely to go to the next support level at $364.62. The third support level lies at $361.20 if the price breaches the second support level.
Stryker Corp (NYSE: SYK) Key Stats
The company with the Market Capitalisation of 141.36 billion has total of 381,216K Shares Outstanding. Its annual sales at the moment are 20,498 M in contrast with the sum of 3,165 M annual income. Company’s last quarter sales were recorded 5,494 M and last quarter income was 834,000 K.
