NYSE:RMD - ResMed Stock Price, News & Analysis

$136.04
-0.52 (-0.38 %)
(As of 08/22/2019 04:00 PM ET)
Today's Range
$134.83
Now: $136.04
$136.98
50-Day Range
$123.46
MA: $128.22
$136.55
52-Week Range
$90.64
Now: $136.04
$137.38
Volume261,543 shs
Average Volume808,150 shs
Market Capitalization$19.55 billion
P/E Ratio37.37
Dividend Yield1.14%
Beta0.47
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. Read More…

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.61 billion
Cash Flow$4.7154 per share
Book Value$14.42 per share

Profitability

Net Income$404.59 million

Miscellaneous

Employees7,240
Market Cap$19.55 billion
Next Earnings Date10/24/2019 (Estimated)
OptionableOptionable

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ResMed (NYSE:RMD) Frequently Asked Questions

What is ResMed's stock symbol?

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

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

ResMed declared a quarterly dividend on Thursday, July 25th. Investors of record on Thursday, August 15th will be given a dividend of $0.39 per share on Thursday, September 19th. This represents a $1.56 annualized dividend and a yield of 1.15%. The ex-dividend date of this dividend is Wednesday, August 14th. This is a boost from ResMed's previous quarterly dividend of $0.37. View ResMed's Dividend History.

How were ResMed's earnings last quarter?

ResMed Inc. (NYSE:RMD) announced its quarterly earnings data on Thursday, July, 25th. The medical equipment provider reported $0.95 EPS for the quarter, topping the Zacks' consensus estimate of $0.92 by $0.03. The medical equipment provider had revenue of $705 million for the quarter, compared to the consensus estimate of $701.56 million. ResMed had a net margin of 15.52% and a return on equity of 26.49%. The firm's revenue was up 13.1% on a year-over-year basis. During the same period in the prior year, the firm earned $0.95 EPS. View ResMed's Earnings History.

When is ResMed's next earnings date?

ResMed is scheduled to release their next quarterly earnings announcement on Thursday, October 24th 2019. View Earnings Estimates for ResMed.

What price target have analysts set for RMD?

6 equities research analysts have issued 1 year target prices for ResMed's stock. Their predictions range from $95.00 to $140.00. On average, they expect ResMed's stock price to reach $118.3333 in the next twelve months. This suggests that the stock has a possible downside of 13.0%. View Analyst Price Targets for ResMed.

What is the consensus analysts' recommendation for ResMed?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ResMed in the last year. There are currently 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for ResMed.

Has ResMed been receiving favorable news coverage?

Media headlines about RMD stock have been trending positive recently, according to InfoTrie Sentiment. The research group identifies negative and positive media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. ResMed earned a news sentiment score of 2.5 on InfoTrie's scale. They also assigned news coverage about the medical equipment provider a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an effect on the stock's share price in the near future. View News Stories for ResMed.

Are investors shorting ResMed?

ResMed saw a decrease in short interest during the month of July. As of July 15th, there was short interest totalling 2,300,500 shares, a decrease of 6.5% from the June 15th total of 2,461,300 shares. Based on an average daily trading volume, of 552,000 shares, the days-to-cover ratio is currently 4.2 days. Currently, 1.6% of the shares of the stock are sold short. View ResMed's Current Options Chain.

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 Energy Transfer LP Unit (ET), Netflix (NFLX), Starbucks (SBUX), Walt Disney (DIS), CBL & Associates Properties (CBL), AT&T (T), Visa (V), Ford Motor (F), Mastercard (MA) and Cornerstone Total Return Fund (CRF).

Who are ResMed's key executives?

ResMed's management team includes the folowing 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)

Who are ResMed's major shareholders?

ResMed's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (10.67%), BlackRock Inc. (8.15%), WCM Investment Management LLC (5.03%), Baillie Gifford & Co. (3.36%), Northern Trust Corp (1.39%) and Invesco Ltd. (1.36%). Company insiders that own ResMed stock include Brett Sandercock, David Pendarvis, Gary W Pace, James Hollingshead, John P Wareham, Michael J Farrell, Peter C Farrell, Rajwant Sodhi, Richard Mchale, Richard Sulpizio, Robert Andrew Douglas and Ronald R Taylor. View Institutional Ownership Trends for ResMed.

Which institutional investors are selling ResMed stock?

RMD stock was sold by a variety of institutional investors in the last quarter, including First Trust Advisors LP, BlackRock Inc., AQR Capital Management LLC, Bank of America Corp DE, Westpac Banking Corp, Janus Henderson Group PLC, Janus Henderson Group PLC and Bank of New York Mellon Corp. Company insiders that have sold ResMed company stock in the last year 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 Insider Buying and Selling for ResMed.

Which institutional investors are buying ResMed stock?

RMD stock was bought by a variety of institutional investors in the last quarter, including Invesco Ltd., Nuveen Asset Management LLC, Amundi Pioneer Asset Management Inc., Vanguard Group Inc., WCM Investment Management LLC, Jacobs Levy Equity Management Inc., Ontario Teachers Pension Plan Board and UBS Asset Management Americas Inc.. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

What is ResMed's stock price today?

One share of RMD stock can currently be purchased for approximately $136.04.

How big of a company is ResMed?

ResMed has a market capitalization of $19.55 billion and generates $2.61 billion in revenue each year. The medical equipment provider earns $404.59 million in net income (profit) each year or $3.64 on an earnings per share basis. ResMed employs 7,240 workers across the globe.View Additional Information About ResMed.

What is ResMed's official website?

The official website for ResMed is http://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]


MarketBeat Community Rating for ResMed (NYSE RMD)

Community Ranking:  1.7 out of 5 (star)
Outperform Votes:  304 (Vote Outperform)
Underperform Votes:  572 (Vote Underperform)
Total Votes:  876
MarketBeat's community ratings are surveys of what our community members think about ResMed and other stocks. Vote "Outperform" if you believe RMD will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RMD will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/22/2019 by MarketBeat.com Staff

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