Medtronic PLC

This global producer of high-tech medical devices and therapies helps doctors get the tools they need to save lives in the operating room and beyond. The company specializes in a variety of products including pacemakers, insulin pumps, heart valves, and spinal implants. A high R&D budget and a continuous drive for innovation make this a top pick for cutting-edge medical device stocks.

$89.89
(as of Sep 6, 4:00 PM EST)

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Ticker Information for Medtronic PLC

Stock Price
$89.89
Ticker Symbol
MDT
Exchange
NYSE

Industry Information for Medtronic PLC

Sector
Healthcare
Industry
Medical Devices

Company Description for Medtronic PLC

Country
USA
Full Time Employees
95,000

Medtronic plc develops, manufactures, and sells device-based medical therapies to healthcare systems, physicians, clinicians, and patients worldwide. The Cardiovascular Portfolio segment offers implantable cardiac pacemakers, cardioverter defibrillators, and cardiac resynchronization therapy devices; cardiac ablation products; insertable cardiac monitor systems; TYRX products; and remote monitoring and patient-centered software. It also provides aortic valves, surgical valve replacement and repair products, endovascular stent grafts and accessories, and transcatheter pulmonary valves; and percutaneous coronary intervention products, percutaneous angioplasty balloons, and other products. The Neuroscience Portfolio segment offers medical devices and implants, biologic solutions, spinal cord stimulation and brain modulation systems, implantable drug infusion systems, and interventional products, as well as nerve ablation system under the Accurian name. The segment offers its products for spinal surgeons, neurosurgeons, neurologists, pain management specialists, anesthesiologists, orthopedic surgeons, urologists, urogynecologists, and interventional radiologists, as well as ear, nose, and throat specialists; and energy surgical instruments. The Medical Surgical Portfolio segment offers surgical stapling devices, vessel sealing instruments, wound closure and electrosurgery products, AI-powered surgical video and analytics platform, robotic-assisted surgery products, hernia mechanical devices, mesh implants, gynecology products, gastrointestinal and hepatologic diagnostics and therapies, and therapies to treat other non-exclusive diseases and conditions; and patient monitoring and airway management products. The Diabetes Operating Unit segment provides insulin pumps and consumables, continuous glucose monitoring systems, and InPen, a smart insulin pen system. The company was founded in 1949 and is headquartered in Minneapolis, Minnesota.

Fundamentals for Medtronic PLC

Market Capitalization
$115,292,905,472
EBITDA
$9,013,000,192
Dividends per Share
$2.77
P/E Ratio
30.27
Forward P/E Ratio
16.47
Earnings per Share
$2.97
Earnings per Share Estimate Next Year
$5.45
Profit Margin
12.06%
Shares Outstanding
1,282,599,936
Percent Owned by Insiders
0.26%
Percent Owned by Institutions
85.91%
52-Week High
$91.49
52-Week Low
$67.11

Technical Indicators for Medtronic PLC

50-Day Moving Average
$82.13
200-Day Moving Average
$82.85
RSI
68.43
1.65

Analyst Ratings for Medtronic PLC

Strong Buy
11
Buy
5
Hold
15
Sell
1
Strong Sell
1

News About Medtronic PLC

Sep 8, 2024, 10:01 AM EST
How Much Would It Take To Earn $100 A Month From Medtronic Stock? See more.
Sep 7, 2024, 7:00 AM EST
Today we're going to take a look at the well-established Medtronic plc (NYSE:MDT). See more.
Sep 5, 2024, 6:00 AM EST
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Sep 4, 2024, 9:50 AM EST
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. See more.
Sep 3, 2024, 6:11 AM EST
Investors signalled that they were pleased with Medtronic plc's (NYSE:MDT) most recent earnings report. See more.