Currently, there are 1.33B common shares owned by the public and among those 1.33B shares have been available to trade.
Insiders at the company have transacted a total of 57 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 31 of these insider trades were purchases, accounting for 207,332 shares. Insider sales of the common stock occurred on 26 occasions, with total insider shares sold totaling 75,357 shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The company’s stock has a 5-day price change of -1.94% and 21.37% over the past three months. MDT shares are trading 3.27% year to date (YTD), with the 12-month market performance up to 1.75% higher. It has a 12-month low price of $68.84 and touched a high of $92.02 over the same period. MDT has an average intraday trading volume of 0.96 shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -1.83%, 1.35%, and 3.07% respectively.
Institutional ownership of Medtronic Plc (NYSE: MDT) shares accounts for 85.04% of the company’s 1.33B shares outstanding.
It has a market capitalization of $113.11B and a beta (3y monthly) value of 0.78. The stock’s trailing 12-month PE ratio is 27.64, while the earnings-per-share (ttm) stands at $3.08. The company has a PEG of 8.20 and a Quick Ratio of 1.69 with the debt-to-equity ratio at 0.49. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.45% over the week and 1.47% over the month.
Analysts forecast that Medtronic Plc (MDT) will achieve an EPS of $1.26 for the current quarter, $1.45 for the next quarter and $5.45 for 2025. The lowest estimate earnings-per-share for the quarter is $1.25 while analysts give the company a high EPS estimate of $1.27. Comparatively, EPS for the current quarter was $1.3 a year ago. Earnings per share for the fiscal year are expected to decrease by -2.40%, and 5.55% over the next financial year. EPS should shrink at an annualized rate of 3.37% over the next five years, compared to 4.43% over the past 5-year period.
Looking at the support for the MDT, a number of firms have released research notes about the stock. Robert W. Baird stated their Neutral rating for the stock in a research note on July 19, 2023, with the firm’s price target at $90.
