Free Trial

Medtronic (MDT) Competitors

Medtronic logo
$92.21 +0.97 (+1.07%)
As of 01:03 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

MDT vs. DXCM, ISRG, ABT, JNJ, NVST, SYK, TMO, BSX, IDXX, and BDX

Should you be buying Medtronic stock or one of its competitors? The main competitors of Medtronic include DexCom (DXCM), Intuitive Surgical (ISRG), Abbott Laboratories (ABT), Johnson & Johnson (JNJ), Envista (NVST), Stryker (SYK), Thermo Fisher Scientific (TMO), Boston Scientific (BSX), IDEXX Laboratories (IDXX), and Becton, Dickinson and Company (BDX). These companies are all part of the "medical" sector.

Medtronic vs. Its Competitors

DexCom (NASDAQ:DXCM) and Medtronic (NYSE:MDT) are both large-cap medical companies, but which is the better stock? We will contrast the two companies based on the strength of their analyst recommendations, institutional ownership, valuation, profitability, risk, earnings, dividends and media sentiment.

DexCom has a beta of 1.43, indicating that its stock price is 43% more volatile than the S&P 500. Comparatively, Medtronic has a beta of 0.8, indicating that its stock price is 20% less volatile than the S&P 500.

In the previous week, DexCom and DexCom both had 42 articles in the media. Medtronic's average media sentiment score of 1.48 beat DexCom's score of 0.96 indicating that Medtronic is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
DexCom
23 Very Positive mention(s)
4 Positive mention(s)
9 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Medtronic
38 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
DexCom$4.30B7.19$576.20M$1.4454.77
Medtronic$33.54B3.53$4.66B$3.6225.48

Medtronic has a net margin of 13.90% compared to DexCom's net margin of 13.29%. DexCom's return on equity of 30.41% beat Medtronic's return on equity.

Company Net Margins Return on Equity Return on Assets
DexCom13.29% 30.41% 10.08%
Medtronic 13.90%14.54%7.83%

DexCom currently has a consensus target price of $99.89, indicating a potential upside of 26.66%. Medtronic has a consensus target price of $98.19, indicating a potential upside of 6.43%. Given DexCom's stronger consensus rating and higher possible upside, analysts plainly believe DexCom is more favorable than Medtronic.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
DexCom
0 Sell rating(s)
4 Hold rating(s)
15 Buy rating(s)
3 Strong Buy rating(s)
2.95
Medtronic
0 Sell rating(s)
11 Hold rating(s)
9 Buy rating(s)
2 Strong Buy rating(s)
2.59

97.8% of DexCom shares are owned by institutional investors. Comparatively, 82.1% of Medtronic shares are owned by institutional investors. 0.3% of DexCom shares are owned by insiders. Comparatively, 0.2% of Medtronic shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Summary

DexCom beats Medtronic on 11 of the 16 factors compared between the two stocks.

Get Medtronic News Delivered to You Automatically

Sign up to receive the latest news and ratings for MDT and its competitors with MarketBeat's FREE daily newsletter.

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.
Skip Chart

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.
Skip Chart

MDT vs. The Competition

MetricMedtronicMED PRODUCTS IndustryMedical SectorNYSE Exchange
Market Cap$118.34B$10.35B$5.45B$20.68B
Dividend Yield3.17%2.02%3.99%3.66%
P/E Ratio25.4919.5929.9928.62
Price / Sales3.5320.01375.7966.56
Price / Cash11.5321.8135.9423.59
Price / Book2.452.888.124.32
Net Income$4.66B$211.77M$3.25B$995.66M
7 Day Performance3.30%2.92%0.96%1.99%
1 Month Performance4.09%3.72%2.71%-0.48%
1 Year Performance12.22%-10.58%28.13%14.83%

Medtronic Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MDT
Medtronic
4.6305 of 5 stars
$92.21
+1.1%
$98.19
+6.5%
+12.5%$118.30B$33.54B25.4895,000Positive News
DXCM
DexCom
4.9682 of 5 stars
$76.05
-4.1%
$99.89
+31.4%
+10.2%$30.00B$4.03B53.1210,300
ISRG
Intuitive Surgical
4.9305 of 5 stars
$481.35
-0.4%
$595.95
+23.8%
+4.6%$172.60B$9.15B67.1515,638Positive News
ABT
Abbott Laboratories
4.9083 of 5 stars
$129.41
+1.7%
$144.47
+11.6%
+20.1%$225.26B$41.95B16.22114,000Positive News
JNJ
Johnson & Johnson
4.6842 of 5 stars
$170.02
+1.6%
$174.50
+2.6%
+7.9%$409.37B$88.82B18.18138,100Positive News
NVST
Envista
3.4959 of 5 stars
$20.48
-1.7%
$20.92
+2.2%
+31.2%$3.47B$2.55B64.0512,300
SYK
Stryker
4.9186 of 5 stars
$378.95
+0.3%
$430.10
+13.5%
+17.7%$144.67B$22.60B50.2053,000News Coverage
Positive News
Dividend Announcement
Insider Trade
TMO
Thermo Fisher Scientific
4.9919 of 5 stars
$466.66
+0.8%
$593.00
+27.1%
-22.5%$176.11B$42.88B26.98125,000Positive News
Insider Trade
BSX
Boston Scientific
4.5668 of 5 stars
$106.20
+0.7%
$117.50
+10.6%
+39.5%$157.16B$16.75B63.2353,000Positive News
IDXX
IDEXX Laboratories
3.9534 of 5 stars
$676.15
+26.3%
$557.88
-17.5%
+39.2%$54.43B$3.90B62.5511,000Positive News
Earnings Report
Analyst Forecast
Analyst Revision
High Trading Volume
BDX
Becton, Dickinson and Company
4.4369 of 5 stars
$178.71
+1.3%
$212.88
+19.1%
-19.4%$51.23B$20.18B34.1174,000Trending News
Earnings Report
Analyst Forecast

Related Companies and Tools


This page (NYSE:MDT) was last updated on 8/8/2025 by MarketBeat.com Staff
From Our Partners