NYSE:SYK Stryker Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Stryker Co. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $201.57 -4.81 (-2.33 %) (As of 09/21/2020 09:38 AM ET) Add Compare Share Today's Range$201.22Now: $201.57▼$203.9550-Day Range$187.67MA: $195.12▼$215.8152-Week Range$124.54Now: $201.57▼$226.30Volume2,758 shsAverage Volume1.83 million shsMarket Capitalization$75.55 billionP/E Ratio47.88Dividend Yield1.11%Beta0.83 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Stryker Corporation operates as a medical technology company. The company operates through three segments: Orthopaedics, MedSurg, and Neurotechnology and Spine. The Orthopaedics segment provides implants for use in hip and knee joint replacements, and trauma and extremities surgeries. The MedSurg segment offers surgical equipment and surgical navigation systems, endoscopic and communications systems, patient handling, emergency medical equipment and intensive care disposable products, reprocessed and remanufactured medical devices, and other medical devices for use in various medical specialties. The Neurotechnology and Spine segment provides neurotechnology products that include products used for minimally invasive endovascular techniques; products for brain and open skull based surgical procedures; orthobiologic and biosurgery products, such as synthetic bone grafts and vertebral augmentation products; and minimally invasive products for the treatment of acute ischemic and hemorrhagic stroke. It also provides spinal implant products comprising cervical, thoracolumbar, and interbody systems for use in spinal injury, deformity, and degenerative therapies. The company sells its products to doctors, hospitals, and other healthcare facilities through company-owned subsidiaries and branches, as well as third-party dealers and distributors in approximately 80 countries. Stryker Corporation was founded in 1941 and is headquartered in Kalamazoo, Michigan.Read More Beat the Market (BTM) Rank™ 2.3 Analyst's Opinion Consensus RatingStryker has received a consensus rating of Buy. The company's average rating score is 2.59, and is based on 16 buy ratings, 8 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $217.92, Stryker has a forecasted upside of 5.6% from its current price of $206.38.Amount of Analyst CoverageStryker has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.6 Community Rank Outperform VotesStryker has received 795 “outperform” votes. (Add your “outperform” vote.)Underperform VotesStryker has received 763 “underperform” votes. (Add your “underperform” vote.)Community SentimentStryker has received 51.03% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Stryker and other stocks. Vote “Outperform” if you believe SYK will outperform the S&P 500 over the long term. Vote “Underperform” if you believe SYK will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 1.7 Dividend Strength Dividend YieldStryker has a dividend yield of 1.11%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthStryker has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Stryker is 27.85%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Stryker will have a dividend payout ratio of 26.05% next year. This indicates that Stryker will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Stryker insiders have sold 48,392.42% more of their company's stock than they have bought. Specifically, they have bought $10,173.00 in company stock and sold $4,933,134.00 in company stock.Percentage Held by InsidersOnly 6.80% of the stock of Stryker is held by insiders.Percentage Held by Institutions71.02% of the stock of Stryker is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Stryker are expected to grow by 40.38% in the coming year, from $6.29 to $8.83 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Stryker is 49.02, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 17.85.Price to Earnings Ratio vs. SectorThe P/E ratio of Stryker is 49.02, which means that it is trading at a more expensive P/E ratio than the Medical sector average P/E ratio of about 23.02.Price to Earnings Growth RatioStryker has a PEG Ratio of 3.47. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioStryker has a P/B Ratio of 6.03. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.3Community Rank: 2.6Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.89 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Surgical & medical instruments Sub-IndustryHealth Care Equipment SectorMedical Current SymbolNYSE:SYK Previous Symbol CUSIP86366710 CIK310764 Webwww.strykercorp.com Phone269-389-2600Debt Debt-to-Equity Ratio0.93 Current Ratio2.91 Quick Ratio2.12Price-To-Earnings Trailing P/E Ratio47.88 Forward P/E Ratio32.05 P/E Growth3.47 Sales & Book Value Annual Sales$14.88 billion Price / Sales5.08 Cash Flow$10.45 per share Price / Cash Flow19.29 Book Value$34.23 per share Price / Book5.89Profitability EPS (Most Recent Fiscal Year)$8.26 Net Income$2.08 billion Net Margins11.38% Return on Equity20.53% Return on Assets8.89%Miscellaneous Employees40,000 Outstanding Shares374,828,000Market Cap$75.55 billion Next Earnings Date11/3/2020 (Estimated) OptionableOptionable $201.57 -4.81 (-2.33 %) (As of 09/21/2020 09:38 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive SYK News and Ratings via Email Sign-up to receive the latest news and ratings for SYK and its competitors with MarketBeat's FREE daily newsletter. Stryker (NYSE:SYK) Frequently Asked Questions How has Stryker's stock price been impacted by Coronavirus (COVID-19)? Stryker's stock was trading at $175.62 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, SYK shares have increased by 17.5% and is now trading at $206.38. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Stryker? 27 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Stryker in the last year. There are currently 2 sell ratings, 8 hold ratings, 16 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Stryker. When is Stryker's next earnings date? Stryker is scheduled to release its next quarterly earnings announcement on Tuesday, November 3rd 2020. View our earnings forecast for Stryker. How were Stryker's earnings last quarter? Stryker Co. (NYSE:SYK) announced its quarterly earnings data on Thursday, July, 30th. The medical technology company reported $0.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.62 by $0.02. The medical technology company had revenue of $2.76 billion for the quarter, compared to analysts' expectations of $2.63 billion. Stryker had a net margin of 11.38% and a return on equity of 20.53%. View Stryker's earnings history. How often does Stryker pay dividends? What is the dividend yield for Stryker? Stryker declared a quarterly dividend on Thursday, July 30th. Investors of record on Wednesday, September 30th will be paid a dividend of $0.575 per share on Friday, October 30th. This represents a $2.30 annualized dividend and a yield of 1.11%. The ex-dividend date of this dividend is Tuesday, September 29th. View Stryker's dividend history. What price target have analysts set for SYK? 27 equities research analysts have issued twelve-month target prices for Stryker's shares. Their forecasts range from $150.00 to $248.00. On average, they anticipate Stryker's stock price to reach $217.92 in the next twelve months. This suggests a possible upside of 5.6% from the stock's current price. View analysts' price targets for Stryker. Who are some of Stryker's key competitors? Some companies that are related to Stryker include Abbott Laboratories (ABT), Medtronic (MDT), Intuitive Surgical (ISRG), Becton Dickinson and (BDX), Boston Scientific (BSX), Edwards Lifesciences (EW), Baxter International (BAX), DexCom (DXCM), IDEXX Laboratories (IDXX), ResMed (RMD), Teleflex (TFX), Varian Medical Systems (VAR), Hologic (HOLX), Steris (STE) and Insulet (PODD). View all competitors. What other stocks do shareholders of Stryker own? Based on aggregate information from My MarketBeat watchlists, some companies that other Stryker investors own include Walt Disney (DIS), Johnson & Johnson (JNJ), Home Depot (HD), Medtronic (MDT), Visa (V), AbbVie (ABBV), Cisco Systems (CSCO), Intel (INTC), QUALCOMM (QCOM) and NVIDIA (NVDA). Who are Stryker's key executives? Stryker's management team includes the following people: Mr. Kevin A. Lobo, Chairman & CEO (Age 54)Mr. Timothy J. Scannell, Pres & COO (Age 54)Mr. Glenn S. Boehnlein, VP & CFO (Age 57)Mr. Michael D. Hutchinson, VP & Chief Legal Officer (Age 48)Mr. Lonny J. Carpenter, Group Pres & Adviser to the CEO (Age 57) What is Stryker's stock symbol? Stryker trades on the New York Stock Exchange (NYSE) under the ticker symbol "SYK." Who are Stryker's major shareholders? Stryker's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (7.70%), BlackRock Inc. (6.93%), Bank of New York Mellon Corp (1.87%), Fisher Asset Management LLC (0.63%), Sumitomo Mitsui Trust Holdings Inc. (0.45%) and WCM Investment Management LLC (0.43%). Company insiders that own Stryker stock include Allan C Golston, Bijoy Sagar, Glenn S Boehnlein, Katherine Ann Owen, Kevin Lobo, Louise Francesconi, M Kathryn Fink, Michael Damon Hutchinson, Roch Doliveux, Srikant M Datar, Timothy J Scannell and Yin C Becker. View institutional ownership trends for Stryker. Which major investors are selling Stryker stock? SYK stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Prudential Financial Inc., BlackRock Inc., Sumitomo Mitsui Trust Holdings Inc., Toronto Dominion Bank, Vanguard Group Inc., Strs Ohio, and Bank of Montreal Can. Company insiders that have sold Stryker company stock in the last year include Allan C Golston, Glenn S Boehnlein, Katherine Ann Owen, Kevin Lobo, Srikant M Datar, and Timothy J Scannell. View insider buying and selling activity for Stryker. Which major investors are buying Stryker stock? SYK stock was acquired by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC, Nuveen Asset Management LLC, Thrivent Financial for Lutherans, Marshall Wace North America L.P., King Luther Capital Management Corp, WCM Investment Management LLC, LA Financiere DE L Echiquier, and Bellevue Group AG. View insider buying and selling activity for Stryker. How do I buy shares of Stryker? Shares of SYK 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 Stryker's stock price today? One share of SYK stock can currently be purchased for approximately $206.38. How big of a company is Stryker? Stryker has a market capitalization of $77.36 billion and generates $14.88 billion in revenue each year. The medical technology company earns $2.08 billion in net income (profit) each year or $8.26 on an earnings per share basis. Stryker employs 40,000 workers across the globe. What is Stryker's official website? The official website for Stryker is www.strykercorp.com. How can I contact Stryker? Stryker's mailing address is 2825 AIRVIEW BLVD, KALAMAZOO MI, 49002. The medical technology company can be reached via phone at 269-389-2600 or via email at [email protected] This page was last updated on 9/21/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
