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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 4172.12, and so far today it has a volume of 3201300. Performance year to date since the 12/31/1981 is 13.44%.

To help you determine whether Medtronic plc is undervalued the following values will help you decide. P/E is 33.58 and forward P/E is 16.67. PEG perhaps more useful shows that Medtronic plc has a value for PEG of 4.21. P/S ratio is 4.19 and the P/B ratio is 2.37. The P/Cash and P/Free cash flow is 9.39 and 46.26 respectively.

At the current price Medtronic plc is trading at, 86.39 (-0.01% today), Medtronic plc has a dividend yield of 1.99%, and this is covered by a payout ratio of 60.40%. Earnings per share (EPS) is 2.57, and this is looking to grow in the next year to 11.25% after growing 2.90% this past year. EPS growth quarter over quarter is 15.70%, and -1.50% for sales growth quarter over quarter.

The number of shares outstanding is 1392.2, and the number of shares float is 1378.84. The senior management bring insider ownership to 0.10%, and institutional ownership is at 85.70%. The float short is 0.90%, with the short ratio at a value of 2.96. Management has seen a return on assets of 3.60%, 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 68.90%, with its operating margin at 18.50%, and Medtronic plc has a profit margin of 12.70%.

The 52 week high is -3.23%, with 31.51% being its 52 week low. The 20 day simple moving average is -0.54% and the 200 day simple moving average is 7.18%.

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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Tony Dabbs

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