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Medtronic (MDT) Competitors

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$87.92 +0.47 (+0.54%)
Closing price 03:59 PM Eastern
Extended Trading
$87.71 -0.21 (-0.24%)
As of 07:39 PM Eastern
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MDT vs. ABT, ISRG, BSX, SYK, BDX, EW, IDXX, RMD, DXCM, and STE

Should you be buying Medtronic stock or one of its competitors? The main competitors of Medtronic include Abbott Laboratories (ABT), Intuitive Surgical (ISRG), Boston Scientific (BSX), Stryker (SYK), Becton, Dickinson and Company (BDX), Edwards Lifesciences (EW), IDEXX Laboratories (IDXX), ResMed (RMD), DexCom (DXCM), and STERIS (STE). These companies are all part of the "health care equipment" industry.

Medtronic vs.

Medtronic (NYSE:MDT) and Abbott Laboratories (NYSE:ABT) are both large-cap medical companies, but which is the superior investment? We will compare the two businesses based on the strength of their institutional ownership, dividends, risk, valuation, analyst recommendations, profitability, media sentiment, community ranking and earnings.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Medtronic$33.54B3.36$3.68B$3.6224.29
Abbott Laboratories$42.34B5.51$13.40B$7.7117.39

Medtronic received 639 more outperform votes than Abbott Laboratories when rated by MarketBeat users. Likewise, 75.33% of users gave Medtronic an outperform vote while only 70.00% of users gave Abbott Laboratories an outperform vote.

CompanyUnderperformOutperform
MedtronicOutperform Votes
1591
75.33%
Underperform Votes
521
24.67%
Abbott LaboratoriesOutperform Votes
952
70.00%
Underperform Votes
408
30.00%

Abbott Laboratories has a net margin of 31.95% compared to Medtronic's net margin of 12.83%. Abbott Laboratories' return on equity of 20.74% beat Medtronic's return on equity.

Company Net Margins Return on Equity Return on Assets
Medtronic12.83% 14.07% 7.70%
Abbott Laboratories 31.95%20.74%11.19%

Medtronic pays an annual dividend of $2.84 per share and has a dividend yield of 3.2%. Abbott Laboratories pays an annual dividend of $2.36 per share and has a dividend yield of 1.8%. Medtronic pays out 78.5% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Abbott Laboratories pays out 30.6% of its earnings in the form of a dividend. Medtronic has increased its dividend for 49 consecutive years and Abbott Laboratories has increased its dividend for 54 consecutive years.

In the previous week, Abbott Laboratories had 8 more articles in the media than Medtronic. MarketBeat recorded 43 mentions for Abbott Laboratories and 35 mentions for Medtronic. Abbott Laboratories' average media sentiment score of 1.65 beat Medtronic's score of 1.19 indicating that Abbott Laboratories is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Medtronic
27 Very Positive mention(s)
3 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Abbott Laboratories
38 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Very Positive

Medtronic currently has a consensus price target of $97.00, indicating a potential upside of 10.32%. Abbott Laboratories has a consensus price target of $142.59, indicating a potential upside of 6.38%. Given Medtronic's higher possible upside, analysts plainly believe Medtronic is more favorable than Abbott Laboratories.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Medtronic
0 Sell rating(s)
8 Hold rating(s)
7 Buy rating(s)
1 Strong Buy rating(s)
2.56
Abbott Laboratories
0 Sell rating(s)
4 Hold rating(s)
14 Buy rating(s)
1 Strong Buy rating(s)
2.84

Medtronic has a beta of 0.79, suggesting that its share price is 21% less volatile than the S&P 500. Comparatively, Abbott Laboratories has a beta of 0.73, suggesting that its share price is 27% less volatile than the S&P 500.

82.1% of Medtronic shares are owned by institutional investors. Comparatively, 75.2% of Abbott Laboratories shares are owned by institutional investors. 0.2% of Medtronic shares are owned by company insiders. Comparatively, 0.5% of Abbott Laboratories shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Summary

Abbott Laboratories beats Medtronic on 14 of the 21 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} 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$112.77B$3.37B$5.57B$19.81B
Dividend Yield3.22%1.76%5.27%3.85%
P/E Ratio26.7218.3627.2035.71
Price / Sales3.36198.21412.9245.94
Price / Cash12.2144.0938.2517.52
Price / Book2.273.937.114.84
Net Income$3.68B$94.03M$3.23B$1.02B
7 Day Performance2.74%1.47%4.61%2.35%
1 Month Performance5.34%13.35%13.35%5.86%
1 Year Performance5.74%-6.07%31.75%14.72%

Medtronic Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MDT
Medtronic
4.7701 of 5 stars
$87.92
+0.5%
$97.00
+10.3%
+4.0%$112.77B$33.54B26.7295,000Positive News
ABT
Abbott Laboratories
4.8842 of 5 stars
$134.20
+0.5%
$142.59
+6.3%
+24.0%$233.60B$42.34B17.55115,000Positive News
ISRG
Intuitive Surgical
4.6744 of 5 stars
$526.56
-5.5%
$588.95
+11.9%
+26.0%$188.87B$8.71B82.2112,100Trending News
Analyst Downgrade
High Trading Volume
BSX
Boston Scientific
4.6264 of 5 stars
$100.69
-1.4%
$116.00
+15.2%
+29.7%$148.96B$17.55B80.5545,000Positive News
SYK
Stryker
4.8735 of 5 stars
$383.78
0.0%
$427.30
+11.3%
+9.4%$146.52B$23.22B49.4751,000Positive News
BDX
Becton, Dickinson and Company
4.9789 of 5 stars
$173.10
+0.4%
$219.22
+26.6%
-28.3%$49.63B$20.87B28.7677,000Positive News
EW
Edwards Lifesciences
4.6129 of 5 stars
$76.69
-1.1%
$80.20
+4.6%
-13.4%$45.00B$5.52B11.0117,300Positive News
IDXX
IDEXX Laboratories
3.3024 of 5 stars
$524.19
-0.1%
$536.00
+2.3%
+4.2%$42.20B$3.93B49.1810,800Positive News
RMD
ResMed
4.0665 of 5 stars
$252.41
+0.1%
$259.33
+2.7%
+19.0%$36.99B$5.02B29.798,160Positive News
Insider Trade
DXCM
DexCom
4.7691 of 5 stars
$86.11
-0.6%
$98.32
+14.2%
-26.0%$33.78B$4.15B60.247,600Positive News
STE
STERIS
4.6077 of 5 stars
$244.03
+0.1%
$263.83
+8.1%
+7.0%$24.00B$5.46B51.8116,000Analyst Revision

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This page (NYSE:MDT) was last updated on 6/10/2025 by MarketBeat.com Staff
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