Medtronic Plc Stock Today

MDT Stock  USD 84.74  0.63  0.75%   

Performance

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Odds Of Distress

Less than 9

 
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Low
Medtronic PLC is selling for under 84.74 as of the 21st of November 2024; that is 0.75 percent increase since the beginning of the trading day. The stock's last reported lowest price was 83.92. Medtronic PLC has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Note, on September 12, 2024, Senator Tommy Tuberville of US Senate acquired $15k to $50k worth of Medtronic PLC's common stock.
Business Domain
Health Care Equipment & Services
IPO Date
13th of January 1978
Category
Healthcare
Classification
Health Care
Medtronic plc develops, manufactures, and sells device-based medical therapies to healthcare systems, physicians, clinicians, and patients worldwide. The company was founded in 1949 and is headquartered in Dublin, Ireland. Medtronic operates under Medical Devices classification in the United States and is traded on New York Stock Exchange. The company has 1.28 B outstanding shares of which 10.18 M shares are now shorted by investors with about 2.19 days to cover. More on Medtronic PLC

Moving against Medtronic Stock

  0.73GH Guardant HealthPairCorr
  0.39LH LaboratoryPairCorr

Medtronic Stock Highlights

ESG Sustainability
Environmental
Governance
Social
ChairmanOmar Ishrak
Thematic Ideas
Showing 3 out of 4 themes
Old Names[MEDTRONIC, MEDTRONIC]
Business ConcentrationHealth Care Equipment & Supplies, Health Care Equipment & Services, Health Care, NYSE Composite, SP 500 Index, Nasdaq CTA Artificial, SP 100 Index, SP 100, ARCA Institutional, Dividend Beast, Obamacare Repeal, Macroaxis Picks, Giant Impact, Health Care, Health Care Equipment & Supplies, Medical Devices, Healthcare (View all Sectors)
Excise Tax ActivitiesAnimal Testing
Average Analyst Recommendation
Debt Levels
Medtronic PLC can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Medtronic PLC's financial leverage. It provides some insight into what part of Medtronic PLC's total assets is financed by creditors.
Liquidity
Medtronic PLC has 26.05 B in debt with debt to equity (D/E) ratio of 0.51, which is OK given its current industry classification. Medtronic PLC has a current ratio of 1.72, which is typical for the industry and considered as normal. Note however, debt could still be an excellent tool for Medtronic to invest in growth at high rates of return.

Other Non Cash Items

1.12 Billion
Medtronic PLC (MDT) is traded on New York Stock Exchange in USA. It is located in Building Two, Galway, Ireland and employs 95,000 people. Medtronic PLC is listed under Health Care Equipment & Supplies category by Fama And French industry classification. The company currently falls under 'Mega-Cap' category with a total capitalization of 107.88 B. Medtronic PLC runs under Health Care Equipment & Supplies sector within Health Care industry. The entity has 1.28 B outstanding shares of which 10.18 M shares are now shorted by investors with about 2.19 days to cover. Medtronic PLC has about 1.54 B in cash with 6.79 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.59.
Check Medtronic PLC Probability Of Bankruptcy
Ownership Allocation
Medtronic PLC maintains a total of 1.28 Billion outstanding shares. The majority of Medtronic PLC outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Medtronic PLC to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Medtronic PLC. Please pay attention to any change in the institutional holdings of Medtronic PLC as this could imply that something significant has changed or is about to change at the company. Please note that on September 12, 2024, Senator Tommy Tuberville of US Senate acquired $15k to $50k worth of Medtronic PLC's common stock.
Check Medtronic Ownership Details

Medtronic Stock Institutional Holders

InstituionRecorded OnShares
Franklin Resources Inc2024-06-30
19.7 M
Deutsche Bank Ag2024-06-30
16.7 M
Norges Bank2024-06-30
15.6 M
Legal & General Group Plc2024-06-30
11.6 M
Royal Bank Of Canada2024-06-30
11.4 M
Northern Trust Corp2024-09-30
11.4 M
Ameriprise Financial Inc2024-06-30
10.9 M
Amvescap Plc.2024-06-30
10.8 M
Alliancebernstein L.p.2024-06-30
10.7 M
Vanguard Group Inc2024-09-30
123.4 M
Blackrock Inc2024-06-30
111.9 M
View Medtronic PLC Diagnostics

Medtronic PLC Historical Income Statement

At this time, Medtronic PLC's Non Operating Income Net Other is comparatively stable compared to the past year. Extraordinary Items is likely to gain to about 128 M in 2024, whereas EBIT is likely to drop slightly above 3.6 B in 2024. View More Fundamentals

Medtronic Stock Against Markets

Medtronic PLC Corporate Directors

Scott DonnellyLead Independent DirectorProfile
Richard AndersonLead Independent DirectorProfile
Elizabeth NabelIndependent DirectorProfile
James LenehanIndependent DirectorProfile

Additional Tools for Medtronic Stock Analysis

When running Medtronic PLC's price analysis, check to measure Medtronic PLC's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Medtronic PLC is operating at the current time. Most of Medtronic PLC's value examination focuses on studying past and present price action to predict the probability of Medtronic PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Medtronic PLC's price. Additionally, you may evaluate how the addition of Medtronic PLC to your portfolios can decrease your overall portfolio volatility.