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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 121738.05. Since its IPO date on the 12/31/1981, Medtronic plc, MDT performance year to date is 14.66%. Today Medtronic plc, MDT has gained 0.68%, with a current price of 87.91.

Ownership of the company is 0.10% for insider ownership while institutional ownership is 84.80%. The management of the company have seen the company have a payout ratio of 60.50%. Return of assets are at 3.40%, 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 0.58. While Total debt/equity is 0.6. With a profit margin of 12.30%, this is combined with a gross margin of 68.30%, and operating margin of 18.40%. Medtronic plc ability to meet debt levels, with a current ratio of 3.3, while the quick ratio is 2.8.

For the last year Medtronic plc, MDT has seen a EPS growth of 2.90%. A performance for the year of 19.40%. The 52-week high is -1.52%, and the 52-week low is 60.75%. The average volume for Medtronic plc, MDT is 2124460.

With a target price of 90.66, can Medtronic plc, MDT reach this target? Looking at the value indicators of Medtronic plc, MDT. Medtronic plc has a P/E of 35.15 and a forward P/E of 16.89. Perhaps the more useful indicator than P/E, is PEG which has a value of 4.49. Medtronic plc also has a P/S and a P/B of 4.22 and 2.35 respectively. For P/cash, Medtronic plc has a value of 9.64, while it is 59.88 for P/free cash flow.

At the current price of 87.91, Medtronic plc has a dividend yield of 1.97%. We see a return on equity of 6.80%.

Looking more long-term Medtronic plc, is projected to get an EPS growth for the next five years of 7.84%. In the short-term an EPS growth of 11.01% 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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Peter Clarke

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