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A look at a High Market Cap Stock: Medtronic plc, MDT

Medtronic plc, MDT is in the exchange NYSE and its industry is Medical Appliances & Equipment in the sector of Healthcare. Based in USA, Medtronic plc, MDT  has a market cap of 120230.39. Since its IPO date on the 12/31/1981, Medtronic plc, MDT performance year to date is 13.40%. Today Medtronic plc, MDT has gained 0.43%, with a current price of 86.36.

Ownership of the company is 0.10% for insider ownership while institutional ownership is 85.60%. The management of the company have seen the company have a payout ratio of 60.40%. Return of assets are at 3.60%, with return on investment at 5.40%.

In terms of debt levels and profit levels, Medtronic plc, MDT is seeing a long-term debt/equity of 0.59. While Total debt/equity is 0.63. With a profit margin of 12.70%, this is combined with a gross margin of 68.90%, and operating margin of 18.50%. Medtronic plc ability to meet debt levels, with a current ratio of 3, while the quick ratio is 2.5.

For the last year Medtronic plc, MDT has seen a EPS growth of 2.90%. A performance for the year of 24.86%. The 52-week high is -3.26%, and the 52-week low is 36.34%. The average volume for Medtronic plc, MDT is 3874800.

With a target price of 94.74, can Medtronic plc, MDT reach this target? Looking at the value indicators of Medtronic plc, MDT. Medtronic plc has a P/E of 33.56 and a forward P/E of 16.67. Perhaps the more useful indicator than P/E, is PEG which has a value of 4.14. Medtronic plc also has a P/S and a P/B of 4.19 and 2.37 respectively. For P/cash, Medtronic plc has a value of 9.39, while it is 46.24 for P/free cash flow.

At the current price of 86.36, Medtronic plc has a dividend yield of 1.99%. We see a return on equity of 7.10%.

Looking more long-term Medtronic plc, is projected to get an EPS growth for the next five years of 8.10%. In the short-term an EPS growth of 11.21% in the next year is forecasted. This is after a EPS growth of 2.90% for this year and for the last five years a -2.60% growth has been seen.

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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Mark Hines

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