Profile
Sector:
HealthcareIndustry:
Medical DevicesCountry:
IrelandIPO:
02 May 1973Website:
http://www.medtronic.comNext earnings report:
19 November 2024Last dividends:
27 September 2024Next dividends:
N/APrice
after hours | 26 min agoAnalysts recommendations
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MDT Latest News
Medtronic (MDT) reachead $90.07 at the closing of the latest trading day, reflecting a +0.92% change compared to its last close.
In the latest trading session, Medtronic (MDT) finished at $90.60, showing a slight increase of 0.01% compared to the day before.
The company is dedicated to improving clinical data for Symplicity™ through the SPYRAL Gemini clinical trial and the expansion of the GSR-DEFINE clinical trial. Medtronic plc recently shared long-term results from its SPYRAL HTN-ON MED clinical trial, which indicated that patients who received radiofrequency renal denervation with the Symplicity™ Spyral system experienced significantly lower blood pressure after two years compared to those who did not receive the treatment. This information was presented at the 2024 Transcatheter Cardiovascular Therapeutics Conference (TCT).
Medtronic has received FDA approval for its innovative Affera™ Mapping and Ablation System, which includes the Sphere-9™ Catheter. This all-in-one device combines high-density mapping with pulsed field and radiofrequency ablation to treat persistent atrial fibrillation and certain types of atrial flutter. With this approval, Medtronic is the first company to offer two pulsed field ablation technologies for patients with atrial fibrillation.
Investors interested in the Medical - Products sector may want to look at Medtronic (MDT) or Abbott (ABT). However, which of these companies is the better choice for those seeking undervalued stocks?
In the most recent trading session, Medtronic (MDT) finished at $89.36, which is an increase of 0.57% compared to the day before.
Medtronic is still a good investment choice because it has various sources of income, a strong range of products, and better profit margins. The company's growth comes from its success in Neuroscience, Cardiovascular, and Diabetes care, along with notable revenue growth from international markets and a hopeful product lineup. With its current trading price lower than its past value, MDT presents a great chance for cautious investors looking for quality at a fair price.
The recent interest rate reduction is expected to assist Medtronic in growing its presence in the AFib, structural heart, robotics, neuromodulation, hypertension, and diabetes sectors.
This Analyst Blog features companies like JPMorgan, Medtronic, Shopify, and Perma-Pipe International.
Medtronic (MDT) finished the last trading session at $88.26, which represents a 0.56% increase from the previous day's closing price.
What type of business is 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 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 from?
Medtronic is headquartered in Ireland
When did Medtronic go public?
Medtronic initial public offering (IPO) was on 02 May 1973
What is Medtronic website?
https://www.medtronic.com
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 the previous earnings report?
No data
When does Medtronic earnings report?
The next expected earnings date for Medtronic is 19 November 2024