Medtronic (MDT) Competitors

$79.74
+0.49 (+0.62%)
(As of 04/26/2024 ET)

MDT vs. VRTX, CI, BSX, BMY, REGN, SNY, ELV, SYK, GSK, and HCA

Should you be buying Medtronic stock or one of its competitors? The main competitors of Medtronic include Vertex Pharmaceuticals (VRTX), The Cigna Group (CI), Boston Scientific (BSX), Bristol-Myers Squibb (BMY), Regeneron Pharmaceuticals (REGN), Sanofi (SNY), Elevance Health (ELV), Stryker (SYK), GSK (GSK), and HCA Healthcare (HCA). These companies are all part of the "medical" sector.

Medtronic vs.

Vertex Pharmaceuticals (NASDAQ:VRTX) and Medtronic (NYSE:MDT) are both large-cap medical companies, but which is the better business? We will compare the two companies based on the strength of their profitability, earnings, valuation, institutional ownership, dividends, media sentiment, analyst recommendations, risk and community ranking.

Vertex Pharmaceuticals currently has a consensus price target of $429.45, suggesting a potential upside of 8.04%. Medtronic has a consensus price target of $94.91, suggesting a potential upside of 19.02%. Given Vertex Pharmaceuticals' higher probable upside, analysts plainly believe Medtronic is more favorable than Vertex Pharmaceuticals.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Vertex Pharmaceuticals
3 Sell rating(s)
6 Hold rating(s)
14 Buy rating(s)
0 Strong Buy rating(s)
2.48
Medtronic
1 Sell rating(s)
4 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.40

Vertex Pharmaceuticals has a net margin of 36.68% compared to Vertex Pharmaceuticals' net margin of 13.00%. Medtronic's return on equity of 21.91% beat Vertex Pharmaceuticals' return on equity.

Company Net Margins Return on Equity Return on Assets
Vertex Pharmaceuticals36.68% 21.91% 16.73%
Medtronic 13.00%13.71%7.81%

Medtronic received 31 more outperform votes than Vertex Pharmaceuticals when rated by MarketBeat users. Likewise, 76.53% of users gave Medtronic an outperform vote while only 75.65% of users gave Vertex Pharmaceuticals an outperform vote.

CompanyUnderperformOutperform
Vertex PharmaceuticalsOutperform Votes
1547
75.65%
Underperform Votes
498
24.35%
MedtronicOutperform Votes
1578
76.53%
Underperform Votes
484
23.47%

Medtronic has higher revenue and earnings than Vertex Pharmaceuticals. Medtronic is trading at a lower price-to-earnings ratio than Vertex Pharmaceuticals, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Vertex Pharmaceuticals$9.87B10.41$3.62B$13.8928.62
Medtronic$32.32B3.28$3.76B$3.1425.39

Vertex Pharmaceuticals has a beta of 0.35, indicating that its stock price is 65% less volatile than the S&P 500. Comparatively, Medtronic has a beta of 0.76, indicating that its stock price is 24% less volatile than the S&P 500.

In the previous week, Vertex Pharmaceuticals had 8 more articles in the media than Medtronic. MarketBeat recorded 22 mentions for Vertex Pharmaceuticals and 14 mentions for Medtronic. Vertex Pharmaceuticals' average media sentiment score of 0.77 beat Medtronic's score of 0.73 indicating that Medtronic is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Vertex Pharmaceuticals
16 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Medtronic
10 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

91.0% of Vertex Pharmaceuticals shares are held by institutional investors. Comparatively, 82.1% of Medtronic shares are held by institutional investors. 0.2% of Vertex Pharmaceuticals shares are held by company insiders. Comparatively, 0.3% of Medtronic shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Summary

Vertex Pharmaceuticals beats Medtronic on 10 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding MDT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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MDT vs. The Competition

MetricMedtronicElectromedical equipment IndustryMedical SectorNYSE Exchange
Market Cap$105.88B$3.20B$4.95B$17.54B
Dividend Yield3.48%1.74%2.92%3.54%
P/E Ratio25.3910.60145.6521.72
Price / Sales3.2861.782,368.1810.95
Price / Cash10.8953.9148.1917.84
Price / Book2.053.424.624.87
Net Income$3.76B$87.67M$103.92M$964.49M
7 Day Performance0.33%-5.31%0.74%1.90%
1 Month Performance-8.48%-9.51%-8.16%-3.71%
1 Year Performance-12.33%4.74%3.70%93.11%

Medtronic Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
VRTX
Vertex Pharmaceuticals
4.2757 of 5 stars
$404.91
+1.2%
$429.45
+6.1%
+17.1%$104.65B$9.87B29.155,400
CI
The Cigna Group
4.8506 of 5 stars
$352.70
-0.1%
$362.14
+2.7%
+41.6%$103.12B$195.27B20.2870,325Upcoming Earnings
Dividend Announcement
Short Interest ↓
News Coverage
BSX
Boston Scientific
4.458 of 5 stars
$68.99
+1.4%
$68.50
-0.7%
+40.6%$101.22B$14.24B64.4848,000Analyst Report
BMY
Bristol-Myers Squibb
4.9174 of 5 stars
$49.00
-0.3%
$61.18
+24.8%
-33.7%$99.59B$45.01B12.6934,100Earnings Report
Analyst Report
Analyst Revision
News Coverage
REGN
Regeneron Pharmaceuticals
4.5347 of 5 stars
$907.32
+0.8%
$976.41
+7.6%
+11.5%$98.80B$13.12B26.1113,450Upcoming Earnings
Analyst Report
Analyst Revision
News Coverage
SNY
Sanofi
3.4125 of 5 stars
$47.69
+1.1%
$55.00
+15.3%
-12.4%$120.64B$46.61B20.2186,088Short Interest ↓
Analyst Revision
News Coverage
ELV
Elevance Health
4.4305 of 5 stars
$532.92
+0.1%
$587.64
+10.3%
+15.4%$123.86B$171.34B20.14104,900Dividend Announcement
Analyst Report
Insider Selling
Analyst Revision
News Coverage
SYK
Stryker
4.7898 of 5 stars
$334.89
+2.2%
$340.67
+1.7%
+12.5%$127.42B$20.50B40.5952,000Upcoming Earnings
GSK
GSK
2.3932 of 5 stars
$41.24
+1.6%
N/A+14.2%$85.47B$37.71B13.7070,200Upcoming Earnings
Short Interest ↑
News Coverage
HCA
HCA Healthcare
4.7201 of 5 stars
$319.43
+2.9%
$314.05
-1.7%
+8.6%$84.48B$64.97B16.83310,000Earnings Report
Dividend Announcement
News Coverage
Gap Down

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This page (NYSE:MDT) was last updated on 4/28/2024 by MarketBeat.com Staff

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