Medtronic Plc (NYSE:MDT) currently has a daily average trading volume of 6.01M but it saw 6774624 shares traded in last market. With a market cap of 118.34B USD, the company’s current market price of $92.27 came rising about 1.26 while comparing to the previous closing price of $91.12. In past 52 weeks, the stock remained buoying in the range of price level as high as $92.25 and as low as $68.84. In the recent trading on the day, stock has struck highest price mark of $90.68 while lowest mark touched by it was $92.38.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the RBC Capital Mkts which upgraded the stock as “Outperform” in its note to investors issued on October 10, 2024, recommending a price target of between $98 and $105 for it. UBS also issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $76 and $90.
Over the week, MDT’s stock price is moving 2.53% up while it is 2.80% when we observe its performance for the past one month. Year-to-date it is 12.01% up and over the past year, the stock is showing an upside performance of 27.46%.
Currently, Medtronic Plc’s total number of outstanding shares is 1.31B. Company’s return on investment (ROI) stands at 5.29% and return on equity (ROE) at 7.92%. It has a price to earnings ratio (P/E ratio) of 31.04 while having a 15.76 of forward P/E ratio. Stock’s beta reads 0.85. Stock has a price to book (P/B) ratio of 2.47 while price to sale or P/S ratio amounts to 3.63. Its return on asset (ROA) is 4.35% on average.
