Analyst Expects Medtronic Plc (NYSE: MDT) To Make Big Moves

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities.

Stocks Info

As a NYSE listed company, MDT falls under the Healthcare sector while operating within the Medical Devices industry segment. The current market capitalization of Medtronic Plc is $104.88B. A total of 6.48 million shares were traded on the day, compared to an average of 6.13M shares.

In the most recent transaction, Wall Brett A. sold 9,850 shares of MDT for 80.41 per share on Jan 08 ’25. After the transaction, the EVP & Pres Neuroscience now owns 40,708 company shares. In a previous transaction on Jan 08 ’25, Wall Brett A. bought 9,850 shares at 80.41 per share.

Among the insiders who bought shares, PARKHILL KAREN L acquired of 30,000 shares on Oct 31 ’24 at a per-share price of $89.73. In another insider transaction, PARKHILL KAREN L bought 15,000 shares at $90.58 per share on Oct 30 ’24.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Medtronic Plc pays an annual dividend of $2.79, resulting in a dividend yield of 3.41%, and it has a price to earnings (P/E) ratio of 24.96. 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.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. 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

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. 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

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside 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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