Medtronic Company Profile (NYSE:MDT)

About Medtronic

Medtronic logoMedtronic plc (Medtronic) is a medical technology and services company. The Company develops, manufactures and markets its medical devices and technologies to hospitals, physicians, clinicians and patients in approximately 160 countries. The Company operates in four segments: Cardiac and Vascular Group, Minimally Invasive Technologies Group, Restorative Therapies Group and Diabetes Group. The Cardiac and Vascular Group segment includes Cardiac Rhythm & Heart Failure, Coronary & Structural Heart and Aortic & Peripheral Vascula. Its Minimally Invasive Technologies Group segment includes Surgical Solutions and Patient Monitoring and Recovery. Its Restorative Therapies Group segment includes Spine, Neuromodulation, Surgical Technologies and Neurovascular. Its Diabetes Group segment includes Intensive Insulin Management, Non-Intensive Diabetes Therapies and Diabetes Services & Solutions. Medtronic, Inc. is a subsidiary of the Company.

Industry, Sector and Symbol:
  • Sector: Medical
  • Industry: Medical Appliances & Equipment
  • Sub-Industry: Health Care Equipment
  • Exchange: NYSE
  • Symbol: MDT
  • CUSIP: 58505510
Key Metrics:
  • Previous Close: $86.60
  • 50 Day Moving Average: $87.60
  • 200 Day Moving Average: $81.39
  • Trailing P/E Ratio: 33.70
  • Foreward P/E Ratio: 16.69
  • P/E Growth: 2.29
  • Market Cap: $120.56B
  • Outstanding Shares: 1,392,199,000
  • Beta: 0.87
Additional Links:
Companies Related to Medtronic:

Analyst Ratings

Consensus Ratings for Medtronic (NYSE:MDT) (?)
Ratings Breakdown: 5 Hold Ratings, 19 Buy Ratings
Consensus Rating:Buy (Score: 2.79)
Consensus Price Target: $89.68 (3.55% upside)

Analysts' Ratings History for Medtronic (NYSE:MDT)
Show:
DateFirmActionRatingPrice TargetDetails
8/25/2016Needham & Company LLCBoost Price TargetBuy$93.00 -> $95.00View Rating Details
8/25/2016Credit Suisse Group AGReiterated RatingOutperform$92.00View Rating Details
8/25/2016Jefferies GroupReiterated RatingBuy$93.00View Rating Details
8/23/2016Cowen and CompanySet Price TargetBuy$94.00View Rating Details
8/23/2016Citigroup Inc.Initiated CoverageBuy$63.98 -> $102.00View Rating Details
7/6/2016Goldman Sachs Group Inc.Reiterated RatingBuyView Rating Details
6/27/2016Evercore ISIReiterated RatingBuy$86.50View Rating Details
6/27/2016BTIG ResearchReiterated RatingHoldView Rating Details
6/20/2016ArgusReiterated RatingHold -> HoldView Rating Details
6/15/2016Piper Jaffray Cos.Reiterated RatingOverweight$93.00 -> $94.00View Rating Details
6/15/2016Deutsche Bank AGReiterated RatingBuy$90.00View Rating Details
6/13/2016SunTrust Banks Inc.Boost Price TargetBuy$93.00 -> $98.00View Rating Details
6/8/2016GuggenheimInitiated CoverageNeutralView Rating Details
6/7/2016Wells Fargo & Co.Reiterated RatingBuyView Rating Details
6/7/2016Oppenheimer Holdings Inc.Reiterated RatingBuyView Rating Details
6/7/2016Morgan StanleyReiterated RatingBuyView Rating Details
6/7/2016BMO Capital MarketsReiterated RatingBuyView Rating Details
6/4/2016Bank of America Corp.Reiterated RatingBuyView Rating Details
6/2/2016WedbushReiterated RatingHoldView Rating Details
6/1/2016Leerink SwannReiterated RatingHold$82.00 -> $85.00View Rating Details
6/1/2016Royal Bank Of CanadaReiterated RatingBuyView Rating Details
3/17/2016NomuraInitiated CoverageBuy$86.00View Rating Details
3/2/2016JPMorgan Chase & Co.Lower Price TargetOverweight$88.00 -> $85.00View Rating Details
9/4/2015William BlairReiterated RatingOutperformView Rating Details
6/25/2015Sterne Agee CRTReiterated RatingNeutralView Rating Details
6/4/2015S&P Equity ResearchReiterated RatingBuy$89.00View Rating Details
2/18/2015ScotiabankReiterated RatingBuyView Rating Details
(Data available from 8/29/2014 forward)

Earnings

Earnings History for Medtronic (NYSE:MDT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/22/2016        
8/25/2016Q117$1.01$1.03$7.17 billion$7.20 billionViewListenView Earnings Details
5/31/2016Q416$1.26$1.27$7.49 billion$7.57 billionViewListenView Earnings Details
3/1/2016Q316$1.06$1.06$6.99 billion$6.93 billionViewListenView Earnings Details
12/3/2015Q216$1.00$1.03$7.10 millionViewListenView Earnings Details
9/3/2015Q116$1.01$1.02$7.30 billionViewListenView Earnings Details
6/2/2015Q415$1.11$1.16$7.18 billion$7.30 billionViewListenView Earnings Details
2/17/2015Q3$0.97$1.04$4.25 million$4.32 millionViewListenView Earnings Details
11/18/2014Q2$0.96$0.96$4.37 million$4.40 millionViewListenView Earnings Details
8/19/2014Q115$0.92$0.93$4.25 billion$4.27 billionViewListenView Earnings Details
5/20/2014Q414$1.12$1.12$4.58 billion$4.60 billionViewListenView Earnings Details
2/18/2014Q314$0.91$0.91$4.15 billion$4.20 billionViewListenView Earnings Details
11/19/2013Q214$0.90$0.91$4.18 billion$4.20 billionViewListenView Earnings Details
8/20/2013Q1 2014$0.88$0.88$4.11 billion$4.10 billionViewListenView Earnings Details
5/21/2013Q4 2013$1.03$1.10$4.39 billion$4.50 billionViewListenView Earnings Details
2/19/2013Q3 2013$0.91$0.93$4.03 billion$4.03 billionViewListenView Earnings Details
11/20/20120.88$0.88$4.10 billionViewN/AView Earnings Details
8/21/2012$0.85$0.85ViewN/AView Earnings Details
5/22/2012$0.98$0.99ViewN/AView Earnings Details
2/21/2012$0.84$0.88ViewN/AView Earnings Details
11/22/2011$0.82$0.84ViewN/AView Earnings Details
8/23/2011$0.79$0.79ViewN/AView Earnings Details
5/24/2011$0.93$0.90ViewN/AView Earnings Details
2/22/2011$0.84$0.86ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Medtronic (NYSE:MDT)
Current Year EPS Consensus Estimate: $4.66 EPS
Next Year EPS Consensus Estimate: $5.19 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20163$1.05$1.07$1.06
Q2 201610$1.24$1.29$1.26
Q3 20167$1.05$1.15$1.09
Q4 20169$1.11$1.27$1.17
Q1 20177$1.00$1.15$1.03
Q2 20177$1.10$1.37$1.17
Q3 20177$1.14$1.25$1.17
Q4 20177$1.29$1.38$1.34
Q1 20183$1.10$1.27$1.18
Q2 20182$1.20$1.32$1.26
Q3 20182$1.27$1.30$1.29
Q4 20182$1.38$1.55$1.47
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Medtronic (NYSE:MDT)
Annual Dividend:$1.72
Dividend Yield:1.99%
Payout Ratio:66.93% (Based on Trailing 12 Months of Earnings)
36.91% (Based on Current Year Consensus EPS Estimate)
33.14% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:2.70% (3 Year Average)

Dividend History for Medtronic (NYSE:MDT)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
6/24/2016quarterly$0.431.85%7/6/20167/8/20167/27/2016
2/22/2016quarterly$0.381.98%3/22/20163/24/20164/15/2016
12/11/2015quarterly$0.381.96%12/22/201512/24/20151/15/2016
8/21/2015quarterly$0.382.18%9/23/20159/25/201510/16/2015
6/19/2015quarterly$0.381.97%6/25/20156/29/20157/17/2015
2/20/2015quarterly$0.311.55%3/26/20153/30/20154/17/2015
12/4/2014$0.3112/30/20141/2/20151/16/2015
12/5/2014quarterly$0.311.63%12/30/20141/2/20151/6/2015
8/21/2014quarterly$0.311.92%10/1/201410/3/201410/24/2014
6/16/2014quarterly$0.311.98%7/1/20147/3/20147/25/2014
2/14/2014quarterly$0.281.97%4/2/20144/4/20144/25/2014
12/5/2013quarterly$0.281.93%12/31/20131/3/20141/24/2014
8/22/2013quarterly$0.282.12%10/2/201310/4/201310/25/2013
6/21/2013quarterly$0.282.13%7/2/20137/5/20137/26/2013
2/15/2013quarterly$0.262.21%4/3/20134/5/20134/26/2013
12/9/2012quarterly$0.262.44%12/13/201212/17/201212/28/2012
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Medtronic (NYSE:MDT)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
7/26/2016Bryan C HansonEVPSell15,000$87.00$1,305,000.00View SEC Filing  
7/15/2016Geoffrey MarthaEVPSell3,766$88.26$332,387.16View SEC Filing  
7/13/2016Gary Lee EllisEVPSell35,495$88.64$3,146,276.80View SEC Filing  
7/13/2016Shirley A JacksonDirectorSell2,104$88.64$186,498.56View SEC Filing  
7/6/2016Carol A. SurfaceSVPSell9,787$87.08$852,251.96View SEC Filing  
7/5/2016Bryan C. HansonEVPSell15,272$87.11$1,330,343.92View SEC Filing  
6/3/2016Richard KuntzVPSell49,905$82.60$4,122,153.00View SEC Filing  
4/1/2016Richard KuntzVPSell4,000$75.22$300,880.00View SEC Filing  
3/18/2016Shirley A JacksonDirectorSell1,238$75.60$93,592.80View SEC Filing  
3/17/2016Omar IshrakCEOSell23,799$76.15$1,812,293.85View SEC Filing  
3/4/2016Bryan C HansonEVPSell5,000$75.00$375,000.00View SEC Filing  
2/5/2016Bryan C. HansonEVPSell5,000$76.14$380,700.00View SEC Filing  
1/8/2016Bryan C HansonEVPSell5,000$75.00$375,000.00View SEC Filing  
12/4/2015Richard KuntzVPSell13,715$78.06$1,070,592.90View SEC Filing  
9/15/2015Omar IshrakCEOSell20,000$69.43$1,388,600.00View SEC Filing  
7/14/2015Carol A SurfaceSVPSell13,722$75.83$1,040,539.26View SEC Filing  
4/6/2015Richard KuntzVPSell31,768$77.39$2,458,525.52View SEC Filing  
3/25/2015Gary Lee EllisCFOSell43,183$77.81$3,360,069.23View SEC Filing  
3/13/2015Omar IshrakCEOSell20,000$76.24$1,524,800.00View SEC Filing  
2/19/2015Christopher J OconnellEVPSell50,361$78.22$3,939,237.42View SEC Filing  
12/19/2014Richard KuntzVPSell12,855$74.54$958,211.70View SEC Filing  
12/2/2014Shirley A JacksonDirectorSell1,102$74.43$82,021.86View SEC Filing  
11/28/2014Christopher J OconnellEVPSell42,921$73.95$3,174,007.95View SEC Filing  
10/6/2014Christopher J OconnellEVPSell15,388$64.98$999,912.24View SEC Filing  
8/26/2014Christopher J OconnellEVPSell28,000$63.57$1,779,960.00View SEC Filing  
8/26/2014Shirley A JacksonDirectorSell2,769$63.66$176,274.54View SEC Filing  
4/17/2014Catherine SzymanVPSell29,420$58.79$1,729,601.80View SEC Filing  
4/9/2014Richard KuntzVPSell2,512$60.98$153,181.76View SEC Filing  
4/1/2014Gary Lee EllisCFOSell4,246$61.48$261,044.08View SEC Filing  
3/28/2014Christopher OconnellEVPSell1,982$60.39$119,692.98View SEC Filing  
3/20/2014Catherine SzymanVPSell14,979$59.57$892,299.03View SEC Filing  
3/14/2014Omar IshrakCEOSell10,000$59.12$591,200.00View SEC Filing  
3/10/2014Neil AyotteVPSell1,845$59.64$110,035.80View SEC Filing  
12/4/2013Neil AyotteVPSell1,729$57.14$98,795.06View SEC Filing  
9/13/2013Omar IshrakCEOSell10,000$53.58$535,800.00View SEC Filing  
8/26/2013Catherine SzymanVPSell56,998$52.60$2,998,094.80View SEC Filing  
8/22/2013H James DallasVPSell32,332$53.19$1,719,739.08View SEC Filing  
8/21/2013H James DallasVPSell36,256$52.82$1,915,041.92View SEC Filing  
8/21/2013Shirley JacksonDirectorSell8,033$52.84$424,463.72View SEC Filing  
7/11/2013Christopher J OconnellEVPSell30,429$52.92$1,610,302.68View SEC Filing  
7/11/2013Gary Lee EllisCFOSell32,602$53.62$1,748,119.24View SEC Filing  
7/11/2013H James DallasVPSell69,889$53.72$3,754,437.08View SEC Filing  
7/1/2013H James DallasVPSell20,579$52.10$1,072,165.90View SEC Filing  
6/26/2013D Cameron FindlayVPSell75,042$52.20$3,917,192.40View SEC Filing  
6/19/2013H James DallasVPSell94,117$52.74$4,963,730.58View SEC Filing  
5/22/2013Richard H AndersonDirectorBuy4,800$52.32$251,136.00View SEC Filing  
5/10/2013Jack W SchulerDirectorSell34,230$48.24$1,651,255.20View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Medtronic (NYSE:MDT)
DateHeadline
finance.yahoo.com logoNew Long-Term Data Reinforce Safety Benefits of the World's Smallest Pacemaker (NYSE:MDT)
finance.yahoo.com - August 28 at 5:28 PM
finance.yahoo.com logoMedtronic, on Behalf of Its Subsidiary Heartware International, Inc ... (NYSE:MDT)
finance.yahoo.com - August 27 at 10:28 AM
News IconMedtronic's quarterly revenue falls 1.5 pct (NYSE:MDT)
magseriesusa.net - August 26 at 5:53 PM
streetinsider.com logoJefferies Raises Price Target on Medtronic (MDT) to $100 Following 1Q Report (NYSE:MDT)
www.streetinsider.com - August 26 at 5:53 PM
nasdaq.com logoMedtronic, on Behalf of Its Subsidiary Heartware International, Inc., Announces Offer to Repurchase (NYSE:MDT)
www.nasdaq.com - August 26 at 9:06 AM
finance.yahoo.com logoMedtronic, on Behalf of Its Subsidiary Heartware International, Inc., Announces Offer to Repurchase HeartWare's 3.50% Convertible Senior Notes Due 2017 and 1.75% Convertible Senior Notes Due 2021 (NYSE:MDT)
finance.yahoo.com - August 26 at 9:06 AM
finance.yahoo.com logoMedtronic (MDT) Beats Q1 Earnings, Revenues Closely In-Line (NYSE:MDT)
finance.yahoo.com - August 25 at 6:04 PM
News IconMedtronic Completes Acquisition Of HeartWare (NYSE:MDT)
www.biospace.com - August 25 at 11:11 AM
News IconMedtronic tops 1Q profit forecasts on lower costs (NYSE:MDT)
www.wiscnews.com - August 25 at 11:11 AM
News IconMedtronic tops 1Q profit forecasts (NYSE:MDT)
www.newsday.com - August 25 at 11:11 AM
investors.com logoMedtronic's Mixed Quarter Misses High Expectations; Stock Down (NYSE:MDT)
www.investors.com - August 25 at 11:11 AM
investors.com logoApple, Ulta, Medtronic, Dollar Stores Lead Thursday's Action Plan (NYSE:MDT)
www.investors.com - August 24 at 5:55 PM
News IconAnalysts Valuations For Two Stocks: Medtronic PLC (NYSE:MDT), Reynolds American, Inc. (NYSE:RAI) - The Voice Registrar (NYSE:MDT)
voiceregistrar.com - August 24 at 9:14 AM
stocksdaily.net logoMedtronic, Inc. (NYSE:MDT) Announces Dividend Payout Of $0.43 ... - Stocks Daily (NYSE:MDT)
www.stocksdaily.net - August 24 at 9:14 AM
streetinsider.com logoMedtronic (MDT) Completes Takeover of HeartWare International ... - StreetInsider.com (NYSE:MDT)
www.streetinsider.com - August 24 at 9:14 AM
publicnow.com logoMedtronic Completes Acquisition of HeartWare International (NYSE:MDT)
www.publicnow.com - August 23 at 10:31 AM
bizjournals.com logoMedtronic giving $250K to local health care organizations (NYSE:MDT)
www.bizjournals.com - August 22 at 6:07 PM
nasdaq.com logoThe Big Promise Of Small, Game-Changing Stocks (NYSE:MDT)
www.nasdaq.com - August 22 at 10:43 AM
finance.yahoo.com logoWhat's in the Cards for Medtronic (MDT) in Q1 Earnings? (NYSE:MDT)
finance.yahoo.com - August 22 at 10:43 AM
seekingalpha.com logoTracking John Paulson's Paulson & Company Portfolio - Q2 2016 Update (NYSE:MDT)
seekingalpha.com - August 20 at 5:53 PM
realistinvestor.com logoAnalysts Set $89.392 Price Target For Medtronic, Inc. (NYSE:MDT) - RealistInvestor.com (NYSE:MDT)
www.realistinvestor.com - August 20 at 10:14 AM
thestreet.com logoAhead of Earnings, Medtronic Looks Like a Strong Play for Investors (NYSE:MDT)
www.thestreet.com - August 19 at 9:11 AM
bizjournals.com logoWhy Medtronic CEO Omar Ishrak feels compelled to bet on people (Video) (NYSE:MDT)
www.bizjournals.com - August 16 at 6:14 PM
finance.yahoo.com logoFranklin beating the S&P (NYSE:MDT)
finance.yahoo.com - August 16 at 6:14 PM
finance.yahoo.com logoMedtronic to Announce Financial Results for Its First Quarter of Fiscal Year 2017 (NYSE:MDT)
finance.yahoo.com - August 16 at 9:26 AM
finance.yahoo.com logoMedtronic Launches MiniMed 630G, Expands in Diabetic Care (revised) (NYSE:MDT)
finance.yahoo.com - August 15 at 6:20 PM
News IconMedtronic plc SureTune2(TM) software receives CE Mark (NYSE:MDT)
news.europawire.eu - August 11 at 6:29 PM
News IconIs Medtronic plc (NYSE:MDT), a large market cap stock a smart buy? (NYSE:MDT)
twincountynews.com - August 11 at 6:29 PM
fidaily.com logoMedtronic plc. Ordinary Shares (MDT) Stake Down in Latest Report from Artisan Partners Limited Partnership (NYSE:MDT)
www.fidaily.com - August 11 at 6:29 PM
marketexclusive.com logoMedtronic PLC (NYSE:MDT) Gets CE Mark For Deep Brain Stimulation Therapy Software (NYSE:MDT)
marketexclusive.com - August 11 at 6:29 PM
istreetwire.com logoStocks Buzz: Medtronic plc (MDT) QEP Resources, Inc. (QEP) Nucor Corporation (NUE) - iStreetWire (NYSE:MDT)
istreetwire.com - August 11 at 9:18 AM
News IconMedtronic plc (NYSE:MDT) – Top Stock from Healthcare Sector - The Daily Leicester (NYSE:MDT)
thedailyleicester.com - August 11 at 9:18 AM
marketexclusive.com logoMedtronic PLC (NYSE:MDT) Gets CE Mark For Deep Brain Stimulation Therapy Software - Market Exclusive (NYSE:MDT)
marketexclusive.com - August 11 at 9:18 AM
bloomberg.com logoNo Profit, No Problem for Israeli Company’s World-Beating Stock (NYSE:MDT)
www.bloomberg.com - August 11 at 9:18 AM
finance.yahoo.com logoMedtronic Announces U.S. Launch of the MiniMed® 630G System with New User-Friendly Insulin Pump Design and SmartGuard(TM) Technology (NYSE:MDT)
finance.yahoo.com - August 11 at 9:18 AM
streetupdates.com logoAnalysts Observing Stocks Update: Pfizer, Inc. (NYSE:PFE) , Medtronic plc (NYSE:MDT) - Street Updates (NYSE:MDT)
www.streetupdates.com - August 10 at 9:06 AM
News IconMedtronic PLC (NYSE:MDT) & Vail Resorts, Inc. (NYSE:MTN) Stocks in Focus - Money News (press release) (NYSE:MDT)
www.newsismoney.com - August 10 at 9:06 AM
streetupdates.com logoAnalysts Watching Stocks: Medtronic plc (NYSE:MDT) , Pfizer, Inc. (NYSE:PFE) - Street Updates (NYSE:MDT)
www.streetupdates.com - August 10 at 9:06 AM
fidaily.com logoMedtronic plc. Ordinary Shares (MDT) Ownership Up in Latest Report from Nationwide Fund Advisors (NYSE:MDT)
www.fidaily.com - August 9 at 6:22 PM
finance.yahoo.com logo9:05 am Medtronic receives CE Mark for SureTune2 software (NYSE:MDT)
finance.yahoo.com - August 8 at 6:21 PM
finance.yahoo.com logoMedtronic Receives CE Mark for SureTune2(TM) for Deep Brain Stimulation Therapy (NYSE:MDT)
finance.yahoo.com - August 8 at 10:49 AM
streetupdates.com logoStocks inside Investors Spotlight: Medtronic plc (NYSE:MDT ... - Street Updates (NYSE:MDT)
www.streetupdates.com - August 6 at 6:15 PM
News IconU.S. Government Sued Over Limit on Tax-Driven Foreign Buyouts (NYSE:MDT)
www.foxbusiness.com - August 5 at 6:18 PM
investopedia.com logoFive Largest Investors of Medtronic (MDT) (NYSE:MDT)
www.investopedia.com - August 5 at 6:17 PM
capitalcube.com logoETF’s with exposure to Medtronic Plc : August 4, 2016 (NYSE:MDT)
www.capitalcube.com - August 4 at 6:26 PM
News IconMedtronic PLC (NYSE:MDT) & Synergy Pharmaceuticals Inc (NASDAQ:SGYP) Stocks in the News - Money News (press release) (NYSE:MDT)
www.newsismoney.com - August 2 at 6:26 PM
finance.yahoo.com logoMedtronic CoreValve(TM) Evolut(TM) R System First TAVI to Receive CE Mark for Intermediate Risk Aortic Stenosis Patients (NYSE:MDT)
finance.yahoo.com - August 1 at 5:56 PM
News IconHC Stocks Reports: Zoetis Inc (NYSE:ZTS) Medtronic PLC (NYSE:MDT) - share market updates (press release) (NYSE:MDT)
sharemarketupdates.com - August 1 at 10:48 AM
latimes.com logoRegents OK $8.5 million for 2 patients suing over financial conflicts at UCLA (NYSE:MDT)
www.latimes.com - July 29 at 8:25 PM
marketrealist.com logoWhat Drove Edwards Lifesciences’ THVT Revenues in 2Q16? (NYSE:MDT)
marketrealist.com - July 28 at 9:07 AM

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Medtronic (NYSE:MDT) Chart for Monday, August, 29, 2016


Last Updated on 8/29/2016 by MarketBeat.com Staff