Medtronic PLC (Germany) Today
| 2M6 Stock | EUR 82.19 0.46 0.56% |
Performance4 of 100
| Odds Of DistressLess than 9
|
Medtronic PLC is trading at 82.19 as of the 1st of December 2024. This is a 0.56 percent decrease since the beginning of the trading day. The stock's lowest day price was 81.97. Medtronic PLC has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Medtronic PLC are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of November 2024 and ending today, the 1st of December 2024. Click here to learn more.
Medtronic plc develops, manufactures, distributes, and sells device-based medical therapies to hospitals, physicians, clinicians, and patients worldwide. The company was founded in 1949 and is headquartered in Dublin, Ireland. MEDTRONIC PLC operates under Medical Devices classification in Germany and is traded on Frankfurt Stock Exchange. The company has 1.33 B outstanding shares. More on Medtronic PLC
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Medtronic Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Medtronic PLC's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Medtronic PLC or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| President | Geoffrey Martha |
| Business Concentration | Medical Devices, Healthcare (View all Sectors) |
Medtronic PLC (2M6) is traded on Frankfurt Exchange in Germany and employs 95,000 people. The company currently falls under 'Mega-Cap' category with a current market capitalization of 103.37 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Medtronic PLC's market, we take the total number of its shares issued and multiply it by Medtronic PLC's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Medtronic PLC classifies itself under Healthcare sector and is part of Medical Devices industry. The entity has 1.33 B outstanding shares.
Medtronic PLC has accumulated about 9.85 B in cash with 7.35 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.35.
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Ownership AllocationMedtronic PLC maintains a total of 1.33 Billion outstanding shares. The majority of Medtronic PLC outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Medtronic PLC to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Medtronic PLC. Please pay attention to any change in the institutional holdings of Medtronic PLC as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Medtronic PLC Risk Profiles
Although Medtronic PLC's alpha and beta are two of the key measurements used to evaluate Medtronic PLC's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.8183 | |||
| Semi Deviation | 1.07 | |||
| Standard Deviation | 1.1 | |||
| Variance | 1.21 |
Medtronic Stock Against Markets
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Additional Information and Resources on Investing in Medtronic Stock
When determining whether Medtronic PLC is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Medtronic Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Medtronic Plc Stock. Highlighted below are key reports to facilitate an investment decision about Medtronic Plc Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Medtronic PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in Medtronic Stock please use our How to Invest in Medtronic PLC guide.You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.