MDT vs. ABT, ISRG, BSX, SYK, BDX, EW, RMD, IDXX, DXCM, and STE
Should you be buying Medtronic stock or one of its competitors? The main competitors of Medtronic include Abbott Laboratories (ABT), Intuitive Surgical (ISRG), Boston Scientific (BSX), Stryker (SYK), Becton, Dickinson and Company (BDX), Edwards Lifesciences (EW), ResMed (RMD), IDEXX Laboratories (IDXX), DexCom (DXCM), and STERIS (STE). These companies are all part of the "health care equipment" industry.
Medtronic vs.
Abbott Laboratories (NYSE:ABT) and Medtronic (NYSE:MDT) are both large-cap medical companies, but which is the superior investment? We will compare the two businesses based on the strength of their profitability, risk, institutional ownership, community ranking, earnings, dividends, analyst recommendations, valuation and media sentiment.
Abbott Laboratories has higher revenue and earnings than Medtronic. Abbott Laboratories is trading at a lower price-to-earnings ratio than Medtronic, indicating that it is currently the more affordable of the two stocks.
Medtronic received 643 more outperform votes than Abbott Laboratories when rated by MarketBeat users. Likewise, 75.45% of users gave Medtronic an outperform vote while only 69.97% of users gave Abbott Laboratories an outperform vote.
In the previous week, Medtronic had 1 more articles in the media than Abbott Laboratories. MarketBeat recorded 40 mentions for Medtronic and 39 mentions for Abbott Laboratories. Abbott Laboratories' average media sentiment score of 1.41 beat Medtronic's score of 1.27 indicating that Abbott Laboratories is being referred to more favorably in the media.
Abbott Laboratories pays an annual dividend of $2.36 per share and has a dividend yield of 1.9%. Medtronic pays an annual dividend of $2.80 per share and has a dividend yield of 3.4%. Abbott Laboratories pays out 30.8% of its earnings in the form of a dividend. Medtronic pays out 85.1% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Abbott Laboratories has raised its dividend for 54 consecutive years and Medtronic has raised its dividend for 48 consecutive years.
Abbott Laboratories has a beta of 0.8, indicating that its share price is 20% less volatile than the S&P 500. Comparatively, Medtronic has a beta of 0.79, indicating that its share price is 21% less volatile than the S&P 500.
75.2% of Abbott Laboratories shares are owned by institutional investors. Comparatively, 82.1% of Medtronic shares are owned by institutional investors. 0.5% of Abbott Laboratories shares are owned by insiders. Comparatively, 0.2% of Medtronic shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
Abbott Laboratories has a net margin of 31.95% compared to Medtronic's net margin of 12.83%. Abbott Laboratories' return on equity of 20.74% beat Medtronic's return on equity.
Abbott Laboratories presently has a consensus price target of $137.94, indicating a potential upside of 8.18%. Medtronic has a consensus price target of $96.14, indicating a potential upside of 15.09%. Given Medtronic's higher possible upside, analysts plainly believe Medtronic is more favorable than Abbott Laboratories.
Summary
Abbott Laboratories beats Medtronic on 14 of the 21 factors compared between the two stocks.
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This page (NYSE:MDT) was last updated on 4/14/2025 by MarketBeat.com Staff