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Medtronic PLC MDT Stock Quote

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Last close prices updated as of Jan 27, 2023, 7:00 PM EST | USD | BATS BZX Real-Time Price
  • Last Close 82.58
  • Sector Healthcare
  • Industry Medical Devices
  • Investment Style Large Value
  • Day Range 80.81  –  83.17
  • Year Range 75.77  –  114.31
  • Market Cap 109.8463 Bil
  • Volume / Avg 102.0 /  7.8 Mil
  • Price / Sales 3.59
  • Price / Book 2.12
  • Forward Div Yield 3.42%
  • Trailing Div Yield 3.23%

Morningstar‘s Stock Analysis MDT

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Medtronic Remains in a Malaise That Could Stretch Into Fiscal 2024; Lowering Our FVE

Debbie S. Wang Senior Equity Analyst

Business Strategy and Outlook

| Debbie Wang |

Medtronic's standing as the largest pure-play medical-device maker remains a force to be reckoned with in the med-tech landscape. Pairing Medtronic's diversified product portfolio aimed at a wide range of chronic diseases with its expansive selection of products for acute care in hospitals has bolstered Medtronic's position as a key partner for its hospital customers.

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Key Statistics MDT

Company Profile MDT

Business Description

One of the largest medical-device companies, Medtronic develops and manufactures therapeutic medical devices for chronic diseases. Its portfolio includes pacemakers, defibrillators, heart valves, stents, insulin pumps, spinal fixation devices, neurovascular products, advanced energy, and surgical tools. The company markets its products to healthcare institutions and physicians in the United States and overseas. Foreign sales account for almost 50% of the company's total sales.

Lower Hatch Street, 20 On Hatch
Dublin, 2, IRL
Industry Medical Devices
Employees 95,000

Related Articles MDT

FAQs for Medtronic PLC Stock

Yes. MDT has a forward dividend yield of 3.42%. See MDT’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

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MDT’s market cap is 109.85 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

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MDT’s stock style is Large Value.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

MDT’s price/sales is 3.59.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

MDT’s price/forward earnings is 14.47.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

MDT’s price/book is 2.12.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See MDT’s valuation ratios compared to the Market Index.

MDT’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare MDT’s historical performance against its industry peers and the overall market.