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Medtronic (MDT) Stock

Profile

Full Name:

Medtronic plc

Sector:

Healthcare

Country:

Ireland

IPO:

02 May 1973

Indexes:

Description:

Medtronic plc is a global leader in the development and manufacturing of medical equipment for therapeutic and diagnostic purposes. The company's strategy is based on the application of biomedical engineering in research, development, and production of devices to alleviate pain, restore health, and prolong life. The company was founded in 1949. The main executive office is located in Dublin, Ireland. Research and manufacturing centers are located in the United States, China, Ireland, the Dominican Republic, Switzerland, and Israel. Today, Medtronic plc's medical equipment is installed in healthcare facilities, preventive institutions, and outpatient centers in more than 150 countries worldwide. A significant portion of the company's trade receivables is accounted for by national healthcare systems in these countries.

Key Details

Price

$90.85

TTM Dividend Yield

3.07%(-1.60% YoY)

Annual Revenue

$32.36 B(+3.64% YoY)

Annual EPS

$2.76(-2.13% YoY)

PE Ratio

27.78(-0.93% YoY)

Beta

0.31

Events Calendar

Earnings

Next earnings date:

Feb 18, 2025

Recent quarterly earnings:

Nov 19, 2024

Recent annual earnings:

May 23, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Dec 27, 2024
Splits

Next split:

N/A

Recent split:

Sept 27, 1999

Analyst ratings

Recent major analysts updates

18 Dec '24 Truist Securities
Hold
26 Nov '24 Barclays
Overweight
20 Nov '24 Wells Fargo
Overweight
20 Nov '24 Needham
Hold
20 Nov '24 Bernstein
Outperform
20 Nov '24 Baird
Neutral
18 Nov '24 Needham
Hold
25 Oct '24 Needham
Hold
14 Oct '24 Truist Securities
Hold
10 Oct '24 RBC Capital
Outperform

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Institutional Ownership

Medtronic (MDT) Outperforms Broader Market: What You Need to Know
Medtronic (MDT) Outperforms Broader Market: What You Need to Know
Medtronic (MDT) Outperforms Broader Market: What You Need to Know
MDT
Zacks31 January 2025

In the latest trading session, Medtronic (MDT) finished at $91.99, showing an increase of 0.63% compared to the day before.

Medtronic (MDT) Outperforms Broader Market: What You Need to Know
Medtronic (MDT) Outperforms Broader Market: What You Need to Know
Medtronic (MDT) Outperforms Broader Market: What You Need to Know
MDT
zacks.com30 January 2025

In the latest trading session, Medtronic (MDT) finished at $91.99, showing an increase of 0.63% compared to the day before.

Here's How Many Shares of Medtronic You Need to Own to Get $1,000 in Yearly Dividends
Here's How Many Shares of Medtronic You Need to Own to Get $1,000 in Yearly Dividends
Here's How Many Shares of Medtronic You Need to Own to Get $1,000 in Yearly Dividends
MDT
fool.com25 January 2025

If you invest in dividends, I can see why you would do that. Dividend-paying stocks provide three benefits: if the company is doing well and expanding, its stock price is likely to rise. Additionally, shareholders receive cash payments through dividends.

1 Top Dividend Stock to Buy in 2025, and 1 to Avoid
1 Top Dividend Stock to Buy in 2025, and 1 to Avoid
1 Top Dividend Stock to Buy in 2025, and 1 to Avoid
MDT
fool.com25 January 2025

When purchasing income stocks, the company's core business is often the most important aspect to think about, even more than the dividend yield. Companies with high yields might seem appealing, but these yields can sometimes be unreliable.

Medtronic (MDT) Increases Despite Market Slip: Here's What You Need to Know
Medtronic (MDT) Increases Despite Market Slip: Here's What You Need to Know
Medtronic (MDT) Increases Despite Market Slip: Here's What You Need to Know
MDT
zacks.com24 January 2025

In the most recent trading session, Medtronic (MDT) finished at $90.19, which is an increase of 1.05% compared to the previous day.

Medtronic plc (MDT): Strong Revenue Growth and AI-Driven Innovations Transforming Spine Surgery and Medical Therapies
Medtronic plc (MDT): Strong Revenue Growth and AI-Driven Innovations Transforming Spine Surgery and Medical Therapies
Medtronic plc (MDT): Strong Revenue Growth and AI-Driven Innovations Transforming Spine Surgery and Medical Therapies
MDT
Insider Monkey18 January 2025

We have put together a list of the 30 Most Important AI Stocks according to Blackrock. In this article, we will examine how Medtronic plc (NYSE:MDT) compares to other AI stocks. In the third quarter of 2024, the investment giant Blackrock shared their views on the market outlook for artificial intelligence.

Here's Why Medtronic (MDT) Gained But Lagged the Market Today
Here's Why Medtronic (MDT) Gained But Lagged the Market Today
Here's Why Medtronic (MDT) Gained But Lagged the Market Today
MDT
zacks.com15 January 2025

Medtronic (MDT) finished the latest trading session at $85.40, which represents a 0.18% increase from the previous day's closing price.

Medtronic plc (MDT) 43rd Annual J.P. Morgan Healthcare Conference (Transcript)
Medtronic plc (MDT) 43rd Annual J.P. Morgan Healthcare Conference (Transcript)
Medtronic plc (MDT) 43rd Annual J.P. Morgan Healthcare Conference (Transcript)
MDT
seekingalpha.com13 January 2025

Medtronic plc (NYSE:MDT) will hold its 43rd Annual J.P. Morgan Healthcare Conference Call on January 13, 2025, at 5:15 PM ET. The company will be represented by several key participants, including CEO Geoff Martha, EVP Sean Salmon, Interim CFO Gary Corona, and EVP Que Dallara. Robbie Marcus from JPMorgan will also be part of the conference call.

Medtronic announces CMS national coverage analysis for Symplicity™ Spyral Renal Denervation System
Medtronic announces CMS national coverage analysis for Symplicity™ Spyral Renal Denervation System
Medtronic announces CMS national coverage analysis for Symplicity™ Spyral Renal Denervation System
MDT
prnewswire.com13 January 2025

A national coverage analysis is being conducted for a new, minimally invasive treatment for high blood pressure, which is a significant public health concern. Medtronic has announced that the Centers for Medicare & Medicaid Services (CMS) will review and create a national coverage policy for renal denervation procedures. This analysis was started after Medtronic requested it to help Medicare beneficiaries access the Symplicity™ Spyral renal denervation system.

Medtronic achieves CE Mark approval for BrainSense™ Adaptive deep brain stimulation and Electrode Identifier, a groundbreaking advance in personalized, sensing-enabled care for people with Parkinson's through innovative brain-computer interface technology
Medtronic achieves CE Mark approval for BrainSense™ Adaptive deep brain stimulation and Electrode Identifier, a groundbreaking advance in personalized, sensing-enabled care for people with Parkinson's through innovative brain-computer interface technology
Medtronic achieves CE Mark approval for BrainSense™ Adaptive deep brain stimulation and Electrode Identifier, a groundbreaking advance in personalized, sensing-enabled care for people with Parkinson's through innovative brain-computer interface technology
MDT
prnewswire.com13 January 2025

Medtronic plc has received European approval for the BrainSense™ Adaptive deep brain stimulation (aDBS) system, which is the first closed-loop DBS system that adjusts brain stimulation in real-time for Parkinson's disease patients. This approval, known as CE Mark, confirms that the device meets the EU Medical Device Regulation standards. The initial programming of the system was successfully carried out by Dr. Martijn Beudel, a neurologist from Amsterdam University Medical Center.

FAQ

  • What is the primary business of Medtronic?
  • What is the ticker symbol for Medtronic?
  • Does Medtronic pay dividends?
  • What sector is Medtronic in?
  • What industry is Medtronic in?
  • What country is Medtronic based in?
  • When did Medtronic go public?
  • Is Medtronic in the S&P 500?
  • Is Medtronic in the NASDAQ 100?
  • Is Medtronic in the Dow Jones?
  • When was Medtronic's last earnings report?
  • When does Medtronic report earnings?
  • Should I buy Medtronic stock now?

What is the primary business of Medtronic?

Medtronic plc is a global leader in the development and manufacturing of medical equipment for therapeutic and diagnostic purposes. The company's strategy is based on the application of biomedical engineering in research, development, and production of devices to alleviate pain, restore health, and prolong life. The company was founded in 1949. The main executive office is located in Dublin, Ireland. Research and manufacturing centers are located in the United States, China, Ireland, the Dominican Republic, Switzerland, and Israel. Today, Medtronic plc's medical equipment is installed in healthcare facilities, preventive institutions, and outpatient centers in more than 150 countries worldwide. A significant portion of the company's trade receivables is accounted for by national healthcare systems in these countries.

What is the ticker symbol for Medtronic?

The ticker symbol for Medtronic is NYSE:MDT

Does Medtronic pay dividends?

Yes, Medtronic pays dividends. The last payment was $0.70, with an ex-dividend date on 27 December 2024

What sector is Medtronic in?

Medtronic is in the Healthcare sector

What industry is Medtronic in?

Medtronic is in the Medical Devices industry

What country is Medtronic based in?

Medtronic is headquartered in Ireland

When did Medtronic go public?

Medtronic's initial public offering (IPO) was on 02 May 1973

Is Medtronic in the S&P 500?

Yes, Medtronic is included in the S&P 500 index

Is Medtronic in the NASDAQ 100?

No, Medtronic is not included in the NASDAQ 100 index

Is Medtronic in the Dow Jones?

No, Medtronic is not included in the Dow Jones index

When was Medtronic's last earnings report?

Medtronic's most recent earnings report was on 19 November 2024

When does Medtronic report earnings?

The next expected earnings date for Medtronic is 18 February 2025

Should I buy Medtronic stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions