Medtronic plc [MDT] saw a change by 1.49% with the Thursday trading session, closing the trade at the price of $109.08. The company is holding 1.34B shares with keeping 1.34B floating shares. With the latest trading session, the stock is set at 33.57% off compared to its 52-week low, sliding -0.57% from high for the same period of time.
Since its 90-day high, the share price saw a move by -0.52%, trading +13.06% in oppose to its 90-day low While during the day, 1.34B shares valued at 2.72 million were bought and sold.
Medtronic plc [NYSE:MDT]: Analyst Rating and Earnings
Its stock price has been found in the range of 81.66 to 109.70. This is compared to its latest closing price of $107.48.
Pay attention to the next-scheduled financial results for this company to be released, which is slated for Tue 19 Nov (In 69 Days).
Fundamental Analysis of Medtronic plc [MDT]
Now let’s turn to look at profitability: with a current Operating Margin for Medtronic plc [MDT] sitting at +23.23 and its Gross Margin at +64.56.
This company’s Return on Total Capital is 9.33, and its Return on Invested Capital has reached 7.00%. Its Return on Equity is 9.19, and its Return on Assets is 5.11. These metrics suggest that this Medtronic plc does a poor job of managing its assets, and likely won’t be able to provide successful business outcomes for its investors in the near term.
Turning to investigate this organization’s capital structure, Medtronic plc [MDT] has generated a Total Debt to Total Equity ratio of 50.56. Similarly, its Total Debt to Total Capital is 33.58, while its Total Debt to Total Assets stands at 28.23. Looking toward the future, this publicly-traded company’s Long-Term Debt to Equity is 7.19, and its Long-Term Debt to Total Capital is 48.88.
What about valuation? This company’s Enterprise Value to EBITDA is 16.40 and its Total Debt to EBITDA Value is 2.60. The Enterprise Value to Sales for this firm is now 5.22, and its Total Debt to Enterprise Value stands at 0.19. Medtronic plc [MDT] has a Price to Book Ratio of 2.34, a Price to Cash Flow Ratio of 16.92 and P/E Ratio of 33.37. These metrics show that this company has a mixed appeal, and ROI could be a gain or a loss.
Shifting the focus to workforce efficiency, Medtronic plc [MDT] earns $339,522 for each employee under its payroll. Similarly, this company’s Receivables Turnover is 5.01 and its Total Asset Turnover is 0.34. This publicly-traded organization’s liquidity data is also interesting: its Quick Ratio is 2.15 and its Current Ratio is 2.59. This company, considering these metrics, has a healthy ratio between its short-term liquid assets and its short-term liabilities, making it a less risky investment.
Medtronic plc [MDT] has 1.34B shares outstanding, amounting to a total market cap of $144.11B. Its stock price has been found in the range of 81.66 to 109.70. At its current price, it has moved down by -0.57% from its 52-week high, and it has moved up 33.57% from its 52-week low.
This stock’s Beta value is currently 0.65, which indicates that it is 1.31% more volatile that the wider market. This stock’s Relative Strength Index (RSI) is at 66.71. This RSI score is good, suggesting this stock is neither overbought or oversold.
Conclusion: Is Medtronic plc [MDT] a Reliable Buy?
Shares of Medtronic plc [MDT], on the whole, present investors with both positive and negative signals. Wall Street analysts have mixed reviews when it comes to the 12-month price outlook, and this company’s financials show a combination of strengths and weaknesses. Based on the price performance, this investment is somewhat risky while presenting reasonable potential for ROI.