Medtronic Plc (NYSE:MDT) currently has a daily average trading volume of 7.93M but it saw 9070613 shares traded in last market. With a market cap of 109.79B USD, the company’s current market price of $85.60 came rising about 0.07 while comparing to the previous closing price of $85.54. In past 52 weeks, the stock remained buoying in the range of price level as high as $96.25 and as low as $75.96. In the recent trading on the day, stock has struck highest price mark of $85.54 while lowest mark touched by it was $86.34.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Citigroup which upgraded the stock as “Buy” in its note to investors issued on March 04, 2025, recommending a price target of between $92 and $107 for it. RBC Capital Mkts upgraded its recommendation for the stock as a “Outperform” from “Sector Perform” on October 10, 2024 while assigning a price target range of $98-$105. Oppenheimer issued its recommendations for the stock as it reiterated the price target for the stock in the range of between $92 and $94.
Over the week, MDT’s stock price is moving 5.37% up while it is 2.58% when we observe its performance for the past one month. Year-to-date it is 7.16% up and over the past year, the stock is showing an upside performance of 5.20%.
Currently, Medtronic Plc’s total number of outstanding shares is 1.28B with 0.26% of that held by the insiders while 87.03% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 6.33% and return on equity (ROE) at 9.49%. It has a price to earnings ratio (P/E ratio) of 23.67 while having a 14.31 of forward P/E ratio. Stock’s beta reads 0.81. Stock has a price to book (P/B) ratio of 2.28 while price to sale or P/S ratio amounts to 3.27. Its return on asset (ROA) is 5.13% on average.
