The stock of Medtronic Plc (NYSE:MDT) last traded at $85.73, down -0.51% from the previous session.
MDT stock price is now 1.50% away from the 50-day moving average and -1.72% away from the 200-day moving average. The market capitalization of the company currently stands at $109.95B.
With the price target of $110, Leerink Partners recently initiated with Outperform rating for Medtronic Plc (NYSE: MDT). On March 04, 2025, Citigroup Upgraded its previous ‘Neutral’ rating to ‘Buy’ on the stock increasing its target price from $92 to quote $107, while ‘RBC Capital Mkts’ rates the stock as ‘Outperform’
In other news, Salmon Sean, Officer bought 18,378 shares of the company’s stock on Jun 06 ’25. The stock was bought for $1,595,469 at an average price of $86.81. An SEC document containing details of the transaction can be found on the SEC’s website. On Jan 24 ’25, EVP & Pres Neuroscience Wall Brett A. sold 12,437 shares of the business’s stock. A total of $1,119,330 was realized by selling the stock at an average price of $90.00. This leaves the insider owning 40,979 shares of the company worth $3.51 million. A total of 0.17% of the company’s stock is owned by insiders.
During the past 12 months, Medtronic Plc has had a low of $75.96 and a high of $96.25. As of last week, the company has a debt-to-equity ratio of 0.59, a current ratio of 1.85, and a quick ratio of 1.42. According to the stock market information, the enterprise value for the company is $129683259392, which is based on a 23.70 price-to-earnings ratio, a 4.28 price-to-earnings-growth ratio, and a beta of 0.81. The fifty day moving average price for MDT is $84.459 and a two-hundred day moving average price translates $87.2342 for the stock.
The latest earnings results from Medtronic Plc (NYSE: MDT) was released for 2025-04-25. The net profit margin was 13.90% and return on equity was 9.49% for MDT. The company reported revenue of $8.93 billion for the quarter, compared to $8.59 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 3.94 percent.
