Is Medtronic Plc (NYSE: MDT) No Longer A Good Investment?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

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Stocks Info

MDT belongs to the Healthcare sector of the NYSE while operating in the Medical Devices industry. The current market capitalization of Medtronic Plc is $106.08B. A total of 5.48 million shares were traded on the day, compared to an average of 6.09M shares.

In the most recent transaction, PARKHILL KAREN L bought 30,000 shares of MDT for 89.73 per share on Oct 31 ’24. In a previous transaction on Oct 30 ’24, PARKHILL KAREN L bought 15,000 shares at 90.58 per share.

Among the insiders who bought shares, PARKHILL KAREN L acquired of 15,000 shares on Oct 29 ’24 at a per-share price of $91.16. In another insider transaction, PARKHILL KAREN L bought 22,712 shares at $92.49 per share on Oct 24 ’24.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Medtronic Plc pays an annual dividend of $2.78, resulting in a dividend yield of 3.36%, and it has a price to earnings (P/E) ratio of 25.25. MDT’s most recent ex-dividend date was 3.33% when it declared a $0.70 quarterly dividend that was paid in cash on 12/27/2024. Previously, the company paid the dividend on 9/27/2024 with an ex-dividend date of 3.31%. The MDT stock dividend was $0.70 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, MDT has a high of $92.68 and a low of $75.96.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. MDT’s latest balance sheet shows that the firm has $10.57B in Cash & Short Term Investments as of fiscal 2022. There were $24.11B in debt and $12.39B in liabilities at the time. Its Book Value Per Share was $37.81, while its Total Shareholder’s Equity was $52.72B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for MDT is Buy with a score of 3.61.

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