Medtronic PLC
General ticker "MDT" information:
- Sector: Health Care
- Industry: Health Care Equipment & Supplies
- Capitalization: $107.4B
Medtronic PLC follows the US Stock Market performance with the rate: 22.8%.
Estimated limits based on current volatility of 0.9%: low 80.20$, high 81.60$
Factors to consider:
- Company included in S&P500 list
- Company pays dividends: last record date 2024-09-27, amount 0.70$ (Y3.43%)
- US accounted for 52.2% of revenue in the fiscal year ended 2023-04-28
- Price in estimated range
- Earnings for 6 months up through Q2 are close to our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-04-26 to 2026-04-26
- 2024-04-26 to 2025-04-26 estimated range: [76.42$, 105.34$]
- 2025-04-26 to 2026-04-26 estimated range: [85.96$, 116.59$]
Financial Metrics affecting the MDT estimates:
- Positive: Non-GAAP EPS, $ of 5.21 > 2.29
- Positive: 9.05 < Operating profit margin, % of 15.89
- Positive: Industry inventory ratio change (median), % of 0.06 <= 0.49
- Negative: Industry operating cash flow per share per price (median), % of -5.41 <= 3.85
- Negative: Industry earnings per price (median), % of -6.33 <= 1.31
- Positive: 2.86 < Return on assets ratio (scaled to [-100,100]) of 3.92
Short-term MDT quotes
Long-term MDT plot with estimates
Financial data
| YTD | 2022-04-29 | 2023-04-28 | 2024-04-26 |
|---|---|---|---|
| Operating Revenue | $30,824.00MM | $31,358.00MM | $32,364.00MM |
| Operating Expenses | $25,072.00MM | $25,873.00MM | $27,220.00MM |
| Operating Income | $5,752.00MM | $5,485.00MM | $5,144.00MM |
| Non-Operating Income | $-235.00MM | $-121.00MM | $-307.00MM |
| Interest Expense | $553.00MM | $636.00MM | $719.00MM |
| R&D Expense | $2,746.00MM | $2,696.00MM | $2,735.00MM |
| Income(Loss) | $5,517.00MM | $5,364.00MM | $4,837.00MM |
| Taxes | $456.00MM | $1,580.00MM | $1,161.00MM |
| Profit(Loss) | $5,061.00MM | $3,784.00MM | $3,676.00MM |
| Stockholders Equity | $52,551.00MM | $51,483.00MM | $50,214.00MM |
| Inventory | $4,616.00MM | $5,293.00MM | $5,217.00MM |
| Assets | $90,981.00MM | $90,948.00MM | $89,981.00MM |
| Operating Cash Flow | $7,346.00MM | $6,039.00MM | $6,787.00MM |
| Capital expenditure | $1,368.00MM | $1,459.00MM | $1,587.00MM |
| Investing Cash Flow | $-1,659.00MM | $-3,493.00MM | $-2,366.00MM |
| Financing Cash Flow | $-5,336.00MM | $-4,960.00MM | $-4,450.00MM |
| Earnings Per Share* | $3.75 | $2.83 | $2.77 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.