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Is Medtronic plc(NYSE: MDT), a large market cap stock a smart buy?

With a market cap of has a large market cap size. Medtronic plc (NYSE: MDT) has been on the stock market since its IPO date on the 12/31/1981. Medtronic plc is in the Medical Appliances & Equipment industry and Healthcare sector. Average volume for Medtronic plc, is 4472.23, and so far today it has a volume of 4177000. Performance year to date since the 12/31/1981 is 13.27%.

To help you determine whether Medtronic plc is undervalued the following values will help you decide. P/E is 34.73 and forward P/E is 16.67. PEG perhaps more useful shows that Medtronic plc has a value for PEG of 4.29. P/S ratio is 4.17 and the P/B ratio is 2.36. The P/Cash and P/Free cash flow is 9.37 and 46.19 respectively.

At the current price Medtronic plc is trading at, 86.26 (0.13% today), Medtronic plc has a dividend yield of 1.99%, and this is covered by a payout ratio of 43.80%. Earnings per share (EPS) is 2.48, and this is looking to grow in the next year to 11.19% after growing 2.90% this past year. EPS growth quarter over quarter is 13.30%, and -1.50% for sales growth quarter over quarter.

The number of shares outstanding is 1392.2, and the number of shares float is 1389.16. The senior management bring insider ownership to 0.10%, and institutional ownership is at 84.90%. The float short is 0.90%, with the short ratio at a value of 2.79. Management has seen a return on assets of *TBA, and also a return on investment of 5.40%.

The ability for Medtronic plc, to deal with debt, means it current ratio is 3, and quick ratio is 2.5. Long term debt/equity is 0.59 and total debt/equity is 0.63. In terms of margins, Medtronic plc has a gross margin of 68.30%, with its operating margin at *TBA, and Medtronic plc has a profit margin of *TBA.

The 52 week high is -3.37%, with 36.18% being its 52 week low. The 20 day simple moving average is -1.21% and the 200 day simple moving average is 8.17%.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.


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Peter Clarke

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