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Medtronic (MDT) Competitors

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$84.77 -1.60 (-1.85%)
As of 10:29 AM 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.

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

In the previous week, Medtronic had 11 more articles in the media than Abbott Laboratories. MarketBeat recorded 48 mentions for Medtronic and 37 mentions for Abbott Laboratories. Abbott Laboratories' average media sentiment score of 1.40 beat Medtronic's score of 1.23 indicating that Abbott Laboratories is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Abbott Laboratories
28 Very Positive mention(s)
4 Positive mention(s)
4 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Medtronic
35 Very Positive mention(s)
5 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Positive

Abbott Laboratories has a beta of 0.74, suggesting that its stock price is 26% less volatile than the S&P 500. Comparatively, Medtronic has a beta of 0.81, suggesting that its stock price is 19% less volatile than the S&P 500.

Abbott Laboratories pays an annual dividend of $2.36 per share and has a dividend yield of 1.7%. Medtronic pays an annual dividend of $2.80 per share and has a dividend yield of 3.2%. Abbott Laboratories pays out 30.6% of its earnings in the form of a dividend. Medtronic pays out 85.1% 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 has increased its dividend for 54 consecutive years and Medtronic has increased its dividend for 48 consecutive years.

Abbott Laboratories presently has a consensus price target of $142.59, indicating a potential upside of 5.48%. Medtronic has a consensus price target of $96.14, indicating a potential upside of 11.55%. Given Medtronic's higher probable upside, analysts clearly believe Medtronic is more favorable than Abbott Laboratories.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Abbott Laboratories
0 Sell rating(s)
4 Hold rating(s)
14 Buy rating(s)
1 Strong Buy rating(s)
2.84
Medtronic
1 Sell rating(s)
8 Hold rating(s)
6 Buy rating(s)
1 Strong Buy rating(s)
2.44

Medtronic received 637 more outperform votes than Abbott Laboratories when rated by MarketBeat users. Likewise, 75.42% of users gave Medtronic an outperform vote while only 70.00% of users gave Abbott Laboratories an outperform vote.

CompanyUnderperformOutperform
Abbott LaboratoriesOutperform Votes
952
70.00%
Underperform Votes
408
30.00%
MedtronicOutperform Votes
1589
75.42%
Underperform Votes
518
24.58%

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
Abbott Laboratories$42.34B5.55$13.40B$7.7117.53
Medtronic$33.20B3.33$3.68B$3.2926.20

75.2% of Abbott Laboratories shares are held by institutional investors. Comparatively, 82.1% of Medtronic shares are held by institutional investors. 0.5% of Abbott Laboratories shares are held by insiders. Comparatively, 0.2% of Medtronic shares are held 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.

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
Abbott Laboratories31.95% 20.74% 11.19%
Medtronic 12.83%14.07%7.70%

Summary

Abbott Laboratories beats Medtronic on 13 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$111.54B$3.34B$5.43B$19.70B
Dividend Yield3.24%1.73%5.22%3.84%
P/E Ratio26.2017.5026.8335.13
Price / Sales3.3382.07394.8736.36
Price / Cash12.2144.0938.2517.51
Price / Book2.233.866.874.78
Net Income$3.68B$94.03M$3.22B$1.02B
7 Day Performance2.31%6.65%6.82%1.62%
1 Month Performance5.30%30.40%13.72%13.00%
1 Year Performance1.17%-9.55%18.31%5.59%

Medtronic Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MDT
Medtronic
4.5475 of 5 stars
$84.91
-1.7%
$96.14
+13.2%
+1.9%$109.39B$33.20B25.9395,000Trending News
Earnings Report
Dividend Increase
Analyst Forecast
Options Volume
ABT
Abbott Laboratories
4.9002 of 5 stars
$134.99
+0.1%
$142.59
+5.6%
+30.9%$234.85B$42.34B17.65115,000Positive News
ISRG
Intuitive Surgical
4.3387 of 5 stars
$560.40
-0.6%
$598.95
+6.9%
+39.3%$200.86B$8.71B87.4312,100Positive News
BSX
Boston Scientific
4.2549 of 5 stars
$106.33
+0.3%
$114.74
+7.9%
+41.3%$157.32B$17.55B85.0745,000Positive News
Options Volume
SYK
Stryker
4.9342 of 5 stars
$393.36
-0.2%
$427.05
+8.6%
+18.1%$150.14B$23.22B50.6951,000Trending News
BDX
Becton, Dickinson and Company
4.9849 of 5 stars
$176.24
+0.5%
$231.44
+31.3%
-25.5%$50.51B$20.87B29.2877,000Positive News
EW
Edwards Lifesciences
3.949 of 5 stars
$77.75
-0.3%
$79.60
+2.4%
-13.3%$45.61B$5.52B11.1617,300Positive News
IDXX
IDEXX Laboratories
3.4432 of 5 stars
$519.68
+0.3%
$536.00
+3.1%
-2.4%$41.79B$3.93B48.7010,800Positive News
Analyst Forecast
RMD
ResMed
4.1876 of 5 stars
$251.96
+0.1%
$258.83
+2.7%
+13.4%$36.94B$5.02B29.758,160News Coverage
Positive News
Analyst Revision
DXCM
DexCom
4.7655 of 5 stars
$86.65
+1.4%
$98.11
+13.2%
-33.2%$33.98B$4.15B60.597,600Positive News
STE
STERIS
4.6074 of 5 stars
$252.07
+0.2%
$264.00
+4.7%
+7.6%$24.77B$5.40B53.5216,000News Coverage
Earnings Report
Analyst Forecast

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This page (NYSE:MDT) was last updated on 5/21/2025 by MarketBeat.com Staff
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