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NYSE:RMD

ResMed Stock Forecast, Price & News

$180.66
-4.19 (-2.27 %)
(As of 10/28/2020 12:00 AM ET)
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Today's Range
$180.32
Now: $180.66
$182.97
50-Day Range
$167.50
MA: $174.35
$184.85
52-Week Range
$108.85
Now: $180.66
$208.99
Volume609,972 shs
Average Volume672,396 shs
Market Capitalization$26.18 billion
P/E Ratio42.31
Dividend Yield0.84%
Beta0.38
ResMed Inc. develops, manufactures, distributes, and markets medical devices and cloud-based software applications that diagnose, treat, and manage respiratory disorders comprising sleep disordered breathing, chronic obstructive pulmonary disease, neuromuscular disease, and other chronic diseases. It offers various products and solutions for a range of respiratory disorders, including technologies to be applied in medical and consumer products, ventilation devices, diagnostic products, mask systems for use in the hospital and home, headgear and other accessories, dental devices, portable oxygen concentrators, and cloud-based software informatics solutions to manage patient outcomes, as well as provides customer and business processes. The company also provides humidifiers, carry bags, and breathing circuits; data communications and control products, such as AirView Diagnostics, EasyCare, ResLink, ResControl, ResControl II, TxControl, ResScan, and ResTraxx modules; U-Sleep, which enables automated patient coaching through a text, email, or interactive voice phone call; and myAir, a patient engagement application that provides sleep data and a daily score based on their previous night's data, as well as offers business management software and services to medical equipment and home health providers. It markets its products to sleep clinics, home healthcare dealers, patients, hospitals, physicians, and third-party payers through a network of distributors and direct sales force in approximately 120 countries. ResMed Inc. was founded in 1989 and is headquartered in San Diego, California.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.0Community Rank: 1.8Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.59 out of 5 stars

Industry, Sector and Symbol

Industry Surgical & medical instruments
Sub-IndustryHealth Care Equipment
SectorMedical
CUSIP76115210
Phone858-836-5000
Employees7,770

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.96 billion
Cash Flow$6.08 per share
Book Value$17.26 per share

Profitability

Net Income$621.67 million

Miscellaneous

Market Cap$26.18 billion
Next Earnings Date10/29/2020 (Confirmed)
OptionableOptionable
$180.66
-4.19 (-2.27 %)
(As of 10/28/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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ResMed (NYSE:RMD) Frequently Asked Questions

How has ResMed's stock been impacted by COVID-19?

ResMed's stock was trading at $153.61 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, RMD stock has increased by 17.6% and is now trading at $180.66.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of ResMed?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ResMed in the last year. There are currently 2 sell ratings, 7 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for ResMed
.

When is ResMed's next earnings date?

ResMed is scheduled to release its next quarterly earnings announcement on Thursday, October 29th 2020.
View our earnings forecast for ResMed
.

How were ResMed's earnings last quarter?

ResMed Inc. (NYSE:RMD) posted its quarterly earnings results on Wednesday, August, 5th. The medical equipment provider reported $1.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.97 by $0.36. The medical equipment provider earned $770.30 million during the quarter, compared to analysts' expectations of $755.01 million. ResMed had a return on equity of 30.34% and a net margin of 21.02%. The company's revenue was up 9.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.95 EPS.
View ResMed's earnings history
.

How often does ResMed pay dividends? What is the dividend yield for ResMed?

ResMed announced a quarterly dividend on Wednesday, August 5th. Stockholders of record on Thursday, August 20th will be given a dividend of $0.39 per share on Thursday, September 24th. This represents a $1.56 annualized dividend and a yield of 0.86%. The ex-dividend date is Wednesday, August 19th.
View ResMed's dividend history
.

What price target have analysts set for RMD?

11 equities research analysts have issued 1 year price targets for ResMed's stock. Their forecasts range from $174.00 to $210.00. On average, they anticipate ResMed's stock price to reach $186.50 in the next twelve months. This suggests a possible upside of 3.2% from the stock's current price.
View analysts' price targets for ResMed
.

Are investors shorting ResMed?

ResMed saw a decline in short interest in the month of September. As of September 15th, there was short interest totaling 1,480,000 shares, a decline of 11.4% from the August 31st total of 1,670,000 shares. Based on an average trading volume of 618,100 shares, the short-interest ratio is presently 2.4 days.
View ResMed's Short Interest
.

Who are some of ResMed's key competitors?

What other stocks do shareholders of ResMed own?

Based on aggregate information from My MarketBeat watchlists, some companies that other ResMed investors own include NVIDIA (NVDA), The Walt Disney (DIS), Intel (INTC), AbbVie (ABBV), Netflix (NFLX), Adobe (ADBE), Visa (V), Alibaba Group (BABA), Paypal (PYPL) and QUALCOMM (QCOM).

Who are ResMed's key executives?

ResMed's management team includes the following people:
  • Mr. Michael J. Farrell BE, SM, MBA, CEO & Director (Age 47)
  • Mr. Robert A. Douglas, Pres & COO (Age 59)
  • Mr. Brett A. Sandercock, Chief Financial Officer (Age 52)
  • Mr. David B. Pendarvis, Chief Admin. Officer, Global Gen. Counsel & Sec. (Age 60)
  • Mr. James Hollingshead, Pres of Sleep Bus. (Age 56)

What is ResMed's stock symbol?

ResMed trades on the New York Stock Exchange (NYSE) under the ticker symbol "RMD."

Who are ResMed's major shareholders?

ResMed's stock is owned by many different retail and institutional investors. Top institutional investors include Welch & Forbes LLC (0.21%), Envestnet Asset Management Inc. (0.16%), Crestwood Advisors Group LLC (0.14%), KBC Group NV (0.11%), Standard Life Aberdeen plc (0.10%) and Capital Investment Services of America Inc. (0.10%). Company insiders that own ResMed stock include Brett Sandercock, David Pendarvis, James Hollingshead, John P Wareham, Michael J Farrell, Rajwant Sodhi, Richard Mchale, Robert Andrew Douglas and Ronald R Taylor.
View institutional ownership trends for ResMed
.

Which major investors are selling ResMed stock?

RMD stock was sold by a variety of institutional investors in the last quarter, including Gateway Investment Advisers LLC, Candriam Luxembourg S.C.A., Standard Life Aberdeen plc, KBC Group NV, Crestwood Advisors Group LLC, Capital Investment Services of America Inc., Redpoint Investment Management Pty Ltd, and State of New Jersey Common Pension Fund D. Company insiders that have sold ResMed company stock in the last year include Brett Sandercock, David Pendarvis, James Hollingshead, Michael J Farrell, Rajwant Sodhi, Richard Mchale, and Robert Andrew Douglas.
View insider buying and selling activity for ResMed
.

Which major investors are buying ResMed stock?

RMD stock was bought by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Ascension Asset Management LLC, Welch & Forbes LLC, Tandem Investment Advisors Inc., Sanders Morris Harris LLC, Assenagon Asset Management S.A., Arthur M. Cohen & Associates LLC, and FormulaFolio Investments LLC.
View insider buying and selling activity for ResMed
.

How do I buy shares of ResMed?

Shares of RMD can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is ResMed's stock price today?

One share of RMD stock can currently be purchased for approximately $180.66.

How big of a company is ResMed?

ResMed has a market capitalization of $26.18 billion and generates $2.96 billion in revenue each year. The medical equipment provider earns $621.67 million in net income (profit) each year or $4.76 on an earnings per share basis. ResMed employs 7,770 workers across the globe.

What is ResMed's official website?

The official website for ResMed is www.resmed.com.

How can I contact ResMed?

ResMed's mailing address is 9001 SPECTRUM CENTER BLVD., SAN DIEGO CA, 92123. The medical equipment provider can be reached via phone at 858-836-5000 or via email at [email protected]

This page was last updated on 10/29/2020 by MarketBeat.com Staff

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