Resmed Inc Stock Today

RMD Stock  USD 249.02  0.31  0.12%   

Performance

2 of 100

 
Weak
 
Strong
Weak

Odds Of Distress

Less than 6

 
High
 
Low
Low
ResMed is trading at 249.02 as of the 30th of November 2024, a 0.12 percent decrease since the beginning of the trading day. The stock's lowest day price was 247.74. ResMed has only a 6 % chance of going through financial distress over the next few years but had a somewhat weak performance during the last 90 days. Note, on June 14, 2024, Senator Tommy Tuberville of US Senate acquired under $15k worth of ResMed Inc's common stock.
Business Domain
Health Care Equipment & Services
IPO Date
2nd of June 1995
Category
Healthcare
Classification
Health Care
ResMed Inc. develops, manufactures, distributes, and markets medical devices and cloud-based software applications for the healthcare markets. ResMed Inc. was founded in 1989 and is headquartered in San Diego, California. ResMed operates under Medical Instruments Supplies classification in the United States and is traded on New York Stock Exchange. The company has 146.8 M outstanding shares of which 7.31 M shares are at this time shorted by investors with about 6.31 days to cover. More on ResMed Inc

Moving against ResMed Stock

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ResMed Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOMichael Farrell
Thematic Ideas
(View all Themes)
Old Names[RENO DE MEDICI, Reno De Medici S.p.A]
Business ConcentrationHealth Care Equipment & Supplies, Health Care Equipment & Services, Health Care, NYSE Composite, SPASX 50, SP 500 Index, SPASX 300, SPASX 100, Australia All Ordinaries, Obamacare Repeal, Medical Equipment, Health Care, Health Care Equipment & Supplies, Medical Instruments & Supplies, Healthcare (View all Sectors)
Excise Tax ActivitiesAnimal Testing
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.0960.1486
Way Down
Pretty Stable
Asset Turnover0.80.6818
Fairly Up
Slightly volatile
Gross Profit Margin0.670.5667
Fairly Up
Pretty Stable
Total Current Liabilities956.2 M910.7 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total1.2 B1.1 B
Sufficiently Up
Slightly volatile
Total Assets7.2 B6.9 B
Sufficiently Up
Slightly volatile
Total Current Assets2.5 B2.4 B
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities1.5 B1.4 B
Sufficiently Up
Slightly volatile
Debt Levels
ResMed can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand ResMed's financial leverage. It provides some insight into what part of ResMed's total assets is financed by creditors.
Liquidity
ResMed Inc has 873.93 M in debt with debt to equity (D/E) ratio of 0.27, which may show that the company is not taking advantage of profits from borrowing. ResMed Inc has a current ratio of 2.74, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for ResMed to invest in growth at high rates of return.

Change In Cash

6.49 Million
ResMed Inc (RMD) is traded on New York Stock Exchange in USA. It is located in 9001 Spectrum Center Boulevard, San Diego, CA, United States, 92123 and employs 34 people. ResMed is listed under Health Care Equipment & Supplies category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 36.6 B. ResMed Inc runs under Health Care Equipment & Supplies sector within Health Care industry. The entity has 146.8 M outstanding shares of which 7.31 M shares are at this time shorted by investors with about 6.31 days to cover. ResMed Inc has about 273.71 M in cash with 1.4 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.87.
Check ResMed Probability Of Bankruptcy
Ownership Allocation
ResMed owns a total of 146.8 Million outstanding shares. Over half of ResMed's outstanding shares are owned by third-party entities. These third-party entities are typically referred to as corporate investors that secure positions in a given instrument to benefit from reduced trade commissions. Please note that on June 14, 2024, Senator Tommy Tuberville of US Senate acquired under $15k worth of ResMed Inc's common stock.
Check ResMed Ownership Details

ResMed Stock Institutional Holders

InstituionRecorded OnShares
Charles Schwab Investment Management Inc2024-09-30
924 K
Fidelity International Ltd2024-06-30
780.7 K
Ubs Asset Mgmt Americas Inc2024-09-30
742.4 K
Dimensional Fund Advisors, Inc.2024-09-30
676.4 K
Congress Asset Management Company, Llp2024-09-30
567.5 K
Lgt Capital Partners Ltd.2024-06-30
564 K
Jpmorgan Chase & Co2024-06-30
538.2 K
Tandem Investment Advisors Inc2024-09-30
496.7 K
Coatue Management Llc2024-09-30
473.2 K
Vanguard Group Inc2024-09-30
18 M
Blackrock Inc2024-06-30
11.7 M
View ResMed Diagnostics

ResMed Historical Income Statement

At present, ResMed's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 4.9 B, whereas Selling And Marketing Expenses is forecasted to decline to about 4.3 M. View More Fundamentals

ResMed Stock Against Markets

ResMed Corporate Directors

Ronald TaylorLead Independent DirectorProfile
Harjit GillIndependent DirectorProfile
Carol BurtIndependent DirectorProfile
Jan WitteIndependent DirectorProfile
When determining whether ResMed Inc is a strong investment it is important to analyze ResMed's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ResMed's future performance. For an informed investment choice regarding ResMed Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ResMed Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ResMed. If investors know ResMed will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ResMed listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.416
Dividend Share
1.97
Earnings Share
7.55
Revenue Per Share
32.711
Quarterly Revenue Growth
0.111
The market value of ResMed Inc is measured differently than its book value, which is the value of ResMed that is recorded on the company's balance sheet. Investors also form their own opinion of ResMed's value that differs from its market value or its book value, called intrinsic value, which is ResMed's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ResMed's market value can be influenced by many factors that don't directly affect ResMed's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ResMed's value and its price as these two are different measures arrived at by different means. Investors typically determine if ResMed is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ResMed's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.