Market Insight: Medtronic Plc (MDT)’s Notable Drop, Closing at 82.37

For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.

In the latest session, Medtronic Plc (NYSE: MDT) closed at $82.37 down -2.20% from its previous closing price of $84.22. In other words, the price has decreased by -$2.20 from its previous closing price. On the day, 5.52 million shares were traded. MDT stock price reached its highest trading level at $84.73 during the session, while it also had its lowest trading level at $82.22.

Ratios:

For a deeper understanding of Medtronic Plc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.34 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.32. For the most recent quarter (mrq), Quick Ratio is recorded 1.43 and its Current Ratio is at 1.90. In the meantime, Its Debt-to-Equity ratio is 0.54 whereas as Long-Term Debt/Eq ratio is at 0.49.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Citigroup on March 04, 2025, Upgraded its rating to Buy and sets its target price to $107 from $92 previously.

On October 10, 2024, RBC Capital Mkts Upgraded its rating to Outperform which previously was Sector Perform and also upped its target price recommendation from $98 to $105.

Oppenheimer reiterated its Perform rating for the stock on August 21, 2024, while the target price for the stock was revised from $92 to $94.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jan 24 ’25 when Wall Brett A. sold 12,437 shares for $90.00 per share. The transaction valued at 1,119,330 led to the insider holds 40,979 shares of the business.

Wall Brett A. bought 12,437 shares of MDT for $1,119,330 on Jan 24 ’25. On Jan 08 ’25, another insider, Wall Brett A., who serves as the EVP & Pres Neuroscience of the company, sold 9,850 shares for $80.41 each. As a result, the insider received 792,038 and left with 40,708 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MDT now has a Market Capitalization of 105642827776 and an Enterprise Value of 124556107776. As of this moment, Medtronic’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.04, and their Forward P/E ratio for the next fiscal year is 14.13. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.80. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.18 while its Price-to-Book (P/B) ratio in mrq is 2.14. Its current Enterprise Value per Revenue stands at 3.752 whereas that against EBITDA is 13.237.

Stock Price History:

The Beta on a monthly basis for MDT is 0.83, which has changed by 0.041603446 over the last 52 weeks, in comparison to a change of 0.07455289 over the same period for the S&P500. Over the past 52 weeks, MDT has reached a high of $96.25, while it has fallen to a 52-week low of $75.96. The 50-Day Moving Average of the stock is -8.12%, while the 200-Day Moving Average is calculated to be -4.79%.

Shares Statistics:

For the past three months, MDT has traded an average of 7.89M shares per day and 8784620 over the past ten days. A total of 1.28B shares are outstanding, with a floating share count of 1.28B. Insiders hold about 0.12% of the company’s shares, while institutions hold 84.96% stake in the company. Shares short for MDT as of 1743379200 were 10836360 with a Short Ratio of 1.37, compared to 1740700800 on 13492249. Therefore, it implies a Short% of Shares Outstanding of 10836360 and a Short% of Float of 0.8500000000000001.

Dividends & Splits

According to the company, the forward annual dividend rate for MDT is 2.80, from 2.79 in the trailing year. Against a Trailing Annual Dividend Yield of 0.033127524The stock’s 5-year Average Dividend Yield is 2.75. The current Payout Ratio is 99.87% for MDT, which recently paid a dividend on 2025-03-28 with an ex-dividend date of 1743120000. Stock splits for the company last occurred on 1999-09-27 when the company split stock in a 2:1 ratio.

Most Popular