Stock Updates

Medtronic plc (NYSE: MDT) – Is this large market cap stock undervalued?

Medtronic plc (NYSE: MDT), is firmly in the large market cap category with market cap of 119869.47. To be considered a large market cap stock companies have to be valued at more than $10 billion. The current price for Medtronic plc is 86.74 (with a change from open of 0.21%), this in conjunction with a target price of 94.89. Volume today has so far reached 3185600, with an average volume of about 4224.77. The GAP for this stock, is -0.13%.

The P/E ratio is 33.71, bringing the forward P/E to a value of 16.74. The current EPS for Medtronic plc, is 2.57, with a EPS growth for this year coming to a value of 2.90%. Performance has been interesting with performance year to date coming to 13.90%.

Looking further into the growth statistics for Medtronic plc, EPS is looking like it will grow 11.25% in the next year. Looking even further it is projected to be 7.98%. Quarter over quarter is 15.70% for EPS growth and for sales growth quarter over quarter it is -1.50%. Looking at past EPS growth statistics we see that for the past five years it has been -2.60%. Sales growth for the past five years has in fact been 13.20%.

Looking at the ownership, we see that the insider ownership is at 0.10% and institutional ownership is 85.60%. Shares outstanding is 1381.94, while shares float is at a value of 1378.84. Float short for Medtronic plc is 0.77% and the short ratio is 2.52.

In terms of debt, long term debt/equity is 0.59, while the total debt/equity comes to 0.63. The ability to meet these debts, means that the current ratio is 3, and the quick ratio is 2.5. The most recent gross margin is 68.90% and their operating margin is 18.50%. The profit margin is 12.70%.

Medtronic plc has seen returns on assets of 3.60%, and on investment, 5.40%. Return on equity is 7.10%. Price/Earnings to growth ratio is 4.23. Price/Sales ratio is at a value of 4.17, with Price/book ratio coming to 2.38 and Price/cash is 9.36, and finally Price/Free cash Flow is 46.1.

The simple moving averages are -0.28% and 7.82% for 20 day and 200 day simple moving average respectively. For the 52 week high and low the 52 week high is -2.83% and the 52 week low is 36.94%.

Medtronic plc has a dividend yield of 1.98%, with a current price of 86.74. The ability to pay this means the payout ratio is 60.40%. This is in an industry, Medical Appliances & Equipment, with equally high dividends from other companies in this sector, which it is Healthcare. Medtronic plc is based in USA.

Performance in the Medical Appliances & Equipment industry means that Medtronic plc has seen performance for the past week of -0.46%, with performance for the month coming to -0.82%. Looking at the data for the quarter it is at a value of 2.01%, and for the half year the performance is 32.01%. Volatility for this week is 0.96% and for the month this is 1.18%.

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.

About the author

Peter Clarke

Leave a Comment