Free Trial

Medtronic (MDT) Competitors

Medtronic logo
$87.04 -0.93 (-1.06%)
(As of 11:16 AM ET)

MDT vs. ABT, ISRG, SYK, BSX, 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), Stryker (SYK), Boston Scientific (BSX), 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 better business? We will contrast the two companies based on the strength of their earnings, valuation, institutional ownership, media sentiment, risk, profitability, dividends, community ranking and analyst recommendations.

In the previous week, Abbott Laboratories had 2 more articles in the media than Medtronic. MarketBeat recorded 36 mentions for Abbott Laboratories and 34 mentions for Medtronic. Abbott Laboratories' average media sentiment score of 1.26 beat Medtronic's score of 1.08 indicating that Abbott Laboratories is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Abbott Laboratories
31 Very Positive mention(s)
1 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Medtronic
23 Very Positive mention(s)
3 Positive mention(s)
7 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Medtronic received 650 more outperform votes than Abbott Laboratories when rated by MarketBeat users. Likewise, 75.75% of users gave Medtronic an outperform vote while only 69.70% of users gave Abbott Laboratories an outperform vote.

CompanyUnderperformOutperform
Abbott LaboratoriesOutperform Votes
934
69.70%
Underperform Votes
406
30.30%
MedtronicOutperform Votes
1584
75.75%
Underperform Votes
507
24.25%

Abbott Laboratories pays an annual dividend of $2.20 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 3.2%. Abbott Laboratories pays out 66.9% of its earnings in the form of a dividend. Medtronic pays out 94.6% 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 increased its dividend for 53 consecutive years and Medtronic has increased its dividend for 48 consecutive years.

Abbott Laboratories has a net margin of 13.99% compared to Medtronic's net margin of 12.06%. Abbott Laboratories' return on equity of 20.18% beat Medtronic's return on equity.

Company Net Margins Return on Equity Return on Assets
Abbott Laboratories13.99% 20.18% 10.84%
Medtronic 12.06%13.68%7.67%

Abbott Laboratories presently has a consensus target price of $130.07, indicating a potential upside of 12.38%. Medtronic has a consensus target price of $95.36, indicating a potential upside of 8.39%. Given Abbott Laboratories' stronger consensus rating and higher possible upside, research analysts plainly believe Abbott Laboratories is more favorable than Medtronic.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Abbott Laboratories
0 Sell rating(s)
4 Hold rating(s)
12 Buy rating(s)
0 Strong Buy rating(s)
2.75
Medtronic
1 Sell rating(s)
8 Hold rating(s)
6 Buy rating(s)
1 Strong Buy rating(s)
2.44

75.2% of Abbott Laboratories shares are owned by institutional investors. Comparatively, 82.1% of Medtronic shares are owned by institutional investors. 1.1% of Abbott Laboratories shares are owned by company insiders. Comparatively, 0.2% of Medtronic shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Abbott Laboratories has higher revenue and earnings than Medtronic. Medtronic is trading at a lower price-to-earnings ratio than Abbott Laboratories, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Abbott Laboratories$40.11B5.00$5.72B$3.2935.18
Medtronic$32.36B3.49$3.68B$2.9629.72

Abbott Laboratories has a beta of 0.72, meaning that its stock price is 28% less volatile than the S&P 500. Comparatively, Medtronic has a beta of 0.84, meaning that its stock price is 16% less volatile than the S&P 500.

Summary

Abbott Laboratories beats Medtronic on 16 of the 22 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Skip Chart

MDT vs. The Competition

MetricMedtronicElectromedical equipment IndustryMedical SectorNYSE Exchange
Market Cap$112.83B$3.57B$5.22B$19.95B
Dividend Yield3.17%1.61%4.98%3.50%
P/E Ratio29.7216.25119.2143.27
Price / Sales3.4992.921,291.8918.16
Price / Cash12.2650.9738.8921.68
Price / Book2.323.736.394.66
Net Income$3.68B$89.83M$118.47M$982.08M
7 Day Performance-0.16%2.23%-1.93%-0.70%
1 Month Performance-2.26%23.49%2.67%1.80%
1 Year Performance21.20%28.08%36.45%25.97%

Medtronic Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MDT
Medtronic
4.8849 of 5 stars
$87.04
-1.1%
$95.36
+9.6%
+22.0%$111.63B$32.36B29.4195,000Upcoming Earnings
Positive News
ABT
Abbott Laboratories
4.9885 of 5 stars
$116.45
-0.3%
N/A+20.8%$201.98B$40.11B35.40114,000Positive News
ISRG
Intuitive Surgical
4.7352 of 5 stars
$537.07
+0.2%
N/A+90.0%$191.29B$7.12B86.3513,676Insider Selling
Short Interest ↑
Positive News
SYK
Stryker
4.9513 of 5 stars
$387.11
+2.2%
N/A+37.7%$147.57B$20.50B41.4952,000Analyst Upgrade
Positive News
BSX
Boston Scientific
4.6472 of 5 stars
$88.72
+0.3%
N/A+65.3%$130.76B$14.24B73.3248,000Short Interest ↑
Positive News
BDX
Becton, Dickinson and Company
4.9519 of 5 stars
$231.26
-1.4%
N/A-2.0%$66.84B$20.18B38.9373,000Earnings Report
Dividend Increase
Short Interest ↓
Analyst Revision
EW
Edwards Lifesciences
4.5714 of 5 stars
$65.81
-1.3%
N/A+3.0%$38.81B$6.00B9.5019,800Insider Selling
Short Interest ↓
RMD
ResMed
4.7595 of 5 stars
$247.11
-0.6%
N/A+64.8%$36.27B$4.81B32.739,980Analyst Revision
Positive News
IDXX
IDEXX Laboratories
4.8889 of 5 stars
$426.11
-2.6%
N/A-0.6%$34.89B$3.84B41.0911,000Short Interest ↓
Positive News
DXCM
DexCom
4.9837 of 5 stars
$74.34
+5.7%
N/A-26.3%$29.04B$3.95B44.529,600Short Interest ↑
Positive News
STE
STERIS
4.9614 of 5 stars
$222.73
+0.4%
N/A+9.9%$21.96B$5.33B50.8518,179Short Interest ↓

Related Companies and Tools


This page (NYSE:MDT) was last updated on 11/14/2024 by MarketBeat.com Staff
From Our Partners