Medtronic (MDT) Competitors

$80.42
-0.87 (-1.07%)
(As of 01:27 PM 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 superior stock? We will compare the two businesses based on the strength of their dividends, risk, media sentiment, community ranking, valuation, earnings, analyst recommendations, institutional ownership and profitability.

In the previous week, Vertex Pharmaceuticals had 24 more articles in the media than Medtronic. MarketBeat recorded 40 mentions for Vertex Pharmaceuticals and 16 mentions for Medtronic. Vertex Pharmaceuticals' average media sentiment score of 0.79 beat Medtronic's score of 0.59 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
18 Very Positive mention(s)
1 Positive mention(s)
6 Neutral mention(s)
3 Negative mention(s)
1 Very Negative mention(s)
Positive
Medtronic
9 Very Positive mention(s)
3 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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$9.87B10.48$3.62B$13.8928.80
Medtronic$31.23B3.41$3.76B$3.1425.53

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%

91.0% of Vertex Pharmaceuticals shares are owned by institutional investors. Comparatively, 82.1% of Medtronic shares are owned by institutional investors. 0.2% of Vertex Pharmaceuticals shares are owned by company insiders. Comparatively, 0.3% of Medtronic shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

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

Vertex Pharmaceuticals currently has a consensus target price of $429.45, suggesting a potential upside of 7.03%. Medtronic has a consensus target price of $94.91, suggesting a potential upside of 16.48%. Given Vertex Pharmaceuticals' higher possible 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%

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$106.42B$3.03B$4.83B$17.47B
Dividend Yield3.43%1.76%5.47%3.56%
P/E Ratio25.5311.03173.7521.39
Price / Sales3.4165.132,459.3710.61
Price / Cash11.0051.5645.6817.62
Price / Book2.063.784.664.93
Net Income$3.76B$87.48M$102.38M$963.51M
7 Day Performance1.35%1.54%0.41%2.42%
1 Month Performance-3.53%3.87%-5.79%-1.93%
1 Year Performance-10.64%-0.17%9.99%90.47%

Medtronic Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
VRTX
Vertex Pharmaceuticals
4.363 of 5 stars
$404.91
+1.2%
$429.45
+6.1%
+22.3%$104.65B$9.87B29.155,400Analyst Revision
CI
The Cigna Group
4.7944 of 5 stars
$352.70
-0.1%
$362.14
+2.7%
+39.9%$103.12B$195.27B20.2870,325
BSX
Boston Scientific
4.2725 of 5 stars
$68.99
+1.4%
$68.50
-0.7%
+35.0%$101.22B$14.24B64.4848,000Options Volume
Gap Up
BMY
Bristol-Myers Squibb
4.8695 of 5 stars
$49.00
-0.3%
$61.18
+24.8%
-30.5%$99.59B$45.01B12.6934,100Upcoming Earnings
Analyst Revision
REGN
Regeneron Pharmaceuticals
3.7409 of 5 stars
$907.32
+0.8%
$976.41
+7.6%
+13.3%$98.80B$13.12B26.1113,450Analyst Revision
SNY
Sanofi
3.0816 of 5 stars
$47.69
+1.1%
$55.00
+15.3%
-15.9%$120.64B$46.61B20.2186,088Upcoming Earnings
ELV
Elevance Health
4.8414 of 5 stars
$532.92
+0.1%
$587.64
+10.3%
+18.2%$123.86B$171.34B20.14104,900Earnings Report
Dividend Announcement
Analyst Report
Analyst Revision
SYK
Stryker
4.7893 of 5 stars
$334.89
+2.2%
$340.67
+1.7%
+10.3%$127.42B$20.50B40.5952,000Upcoming Earnings
News Coverage
GSK
GSK
2.6808 of 5 stars
$41.24
+1.6%
N/A+12.3%$85.47B$37.71B13.7070,200Upcoming Earnings
Options Volume
News Coverage
HCA
HCA Healthcare
4.8695 of 5 stars
$319.43
+2.9%
$314.05
-1.7%
+13.6%$84.48B$64.97B16.83310,000Upcoming Earnings
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This page (NYSE:MDT) was last updated on 4/24/2024 by MarketBeat.com Staff

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