Stryker Corporation [NYSE: SYK] shares went higher by 0.96% from its previous closing of $217.95, now trading at the price of $220.04, also adding 2.09 points. Is SYK stock a buy or should you stay away?
The stock had a rather active trading session with the latest closing, by far recording 1.05 million contracts. Compared to the average trading volume of SYK shares, the company saw a far better performance. Moreover, the stock has a 344.76M float and a -0.08% run over in the last seven days. SYK share price has been hovering between $223.45 and $144.75 lately, and is definitely worthy of attention.
Stryker Corporation [NYSE:SYK]: Analyst Rating and Earnings
Its stock price has been found in the range of 144.75 to 223.45. This is compared to its latest closing price of $217.95.
Stay on the lookout for the next quarterly financial report – the company is expected to release the following results on Thu 24 Oct (In 42 Days).
Fundamental Analysis of Stryker Corporation [SYK]
Now let’s turn to look at profitability: with a current Operating Margin for Stryker Corporation [SYK] sitting at +22.82 and its Gross Margin at +63.23, this company’s Net Margin is now 25.00%. These measurements indicate that Stryker Corporation [SYK] is generating considerably more profit, after expenses are accounted for, compared to its market peers.
This company’s Return on Total Capital is 16.00, and its Return on Invested Capital has reached 10.10%. Its Return on Equity is 32.75, and its Return on Assets is 14.38. These metrics all suggest that Stryker Corporation is doing well at using the money it earns to generate returns.
Turning to investigate this organization’s capital structure, Stryker Corporation [SYK] has generated a Total Debt to Total Equity ratio of 84.05. Similarly, its Total Debt to Total Capital is 45.67, while its Total Debt to Total Assets stands at 36.21. Looking toward the future, this publicly-traded company’s Long-Term Debt to Equity is 11.76, and its Long-Term Debt to Total Capital is 72.34.
What about valuation? This company’s Enterprise Value to EBITDA is 23.08 and its Total Debt to EBITDA Value is 2.58. The Enterprise Value to Sales for this firm is now 6.22, and its Total Debt to Enterprise Value stands at 0.15. Stryker Corporation [SYK] has a Price to Book Ratio of 5.00, a Price to Cash Flow Ratio of 22.84 and P/E Ratio of 23.56. These metrics suggest that this publicly-traded organization will not likely result in investment gains.
Shifting the focus to workforce efficiency, Stryker Corporation [SYK] earns $377,806 for each employee under its payroll. Similarly, this company’s Receivables Turnover is 6.00 and its Total Asset Turnover is 0.55. This publicly-traded organization’s liquidity data is also interesting: its Quick Ratio is 1.41 and its Current Ratio is 2.02. 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.
Stryker Corporation [SYK] has 372.11M shares outstanding, amounting to a total market cap of $81.88B. Its stock price has been found in the range of 144.75 to 223.45. At its current price, it has moved down by -1.53% from its 52-week high, and it has moved up 52.01% from its 52-week low.
This stock’s Beta value is currently 0.82, which indicates that it is 1.97% more volatile that the wider market. This stock’s Relative Strength Index (RSI) is at 55.88. This RSI score is good, suggesting this stock is neither overbought or oversold.
Conclusion: Is Stryker Corporation [SYK] a Reliable Buy?
Shares of Stryker Corporation [SYK], overall, appear to be a solid investment option, with Wall Street analysts expecting its price to rise considerably in the next 12 months. This company generates high value from the labor resources and other capital it has available, and while it has heavy Long-Term Debt to Equity, the majority of the metrics point to this investment being highly attractive.