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NYSE:RMD

ResMed Stock Forecast, Price & News

$169.75
-2.51 (-1.46 %)
(As of 09/23/2020 02:21 PM ET)
Add
Compare
Today's Range
$169.70
Now: $169.75
$172.36
50-Day Range
$170.01
MA: $178.80
$202.96
52-Week Range
$108.85
Now: $169.75
$208.99
Volume6,958 shs
Average Volume698,392 shs
Market Capitalization$24.60 billion
P/E Ratio39.75
Dividend Yield0.91%
Beta0.36
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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ResMed logo

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

1.58 out of 5 stars


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$2.96 billion
Cash Flow$5.96 per share
Book Value$17.26 per share

Profitability

Net Income$621.67 million

Miscellaneous

Employees7,770
Market Cap$24.60 billion
Next Earnings Date10/22/2020 (Estimated)
OptionableOptionable
$169.75
-2.51 (-1.46 %)
(As of 09/23/2020 02:21 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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ResMed (NYSE:RMD) Frequently Asked Questions

How has ResMed's stock price 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 11.1% and is now trading at $170.59.
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 3 sell ratings, 6 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 22nd 2020.
View our earnings forecast for ResMed
.

How were ResMed's earnings last quarter?

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

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

ResMed declared a quarterly dividend on Wednesday, August 5th. Stockholders of record on Thursday, August 20th will be paid a dividend of $0.39 per share on Thursday, September 24th. This represents a $1.56 dividend on an annualized basis and a yield of 0.91%. The ex-dividend date of this dividend is Wednesday, August 19th.
View ResMed's dividend history
.

What price target have analysts set for RMD?

11 brokers 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 share price to reach $186.67 in the next twelve months. This suggests a possible upside of 9.4% from the stock's current price.
View analysts' price targets for ResMed
.

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), AbbVie (ABBV), Walt Disney (DIS), Adobe (ADBE), Intel (INTC), Netflix (NFLX), Visa (V), QUALCOMM (QCOM), Alibaba Group (BABA) and Cisco Systems (CSCO).

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 institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (11.05%), BlackRock Inc. (9.13%), WCM Investment Management LLC (5.84%), FMR LLC (3.74%), Bank of New York Mellon Corp (0.90%) and Sumitomo Mitsui Trust Holdings Inc. (0.73%). 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 institutional investors are selling ResMed stock?

RMD stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Vanguard Group Inc., Assenagon Asset Management S.A., Federated Hermes Inc., APG Asset Management N.V., First Trust Advisors LP, Congress Asset Management Co. MA, and Arizona State Retirement System. 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 institutional investors are buying ResMed stock?

RMD stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., WCM Investment Management LLC, Ardevora Asset Management LLP, CIBC Private Wealth Group LLC, Bank of America Corp DE, Sumitomo Mitsui Trust Holdings Inc., Raymond James Financial Services Advisors Inc., and Prudential Financial Inc..
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 $170.59.

How big of a company is ResMed?

ResMed has a market capitalization of $24.72 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 9/23/2020 by MarketBeat.com Staff

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