MDT vs. ABT, ISRG, BSX, SYK, BDX, EW, IDXX, RMD, 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), IDEXX Laboratories (IDXX), ResMed (RMD), 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 stock? We will compare the two businesses based on the strength of their profitability, community ranking, earnings, dividends, media sentiment, risk, valuation, institutional ownership and analyst recommendations.
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.
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.
Medtronic received 643 more outperform votes than Abbott Laboratories when rated by MarketBeat users. Likewise, 75.49% of users gave Medtronic an outperform vote while only 69.97% of users gave Abbott Laboratories an outperform vote.
In the previous week, Abbott Laboratories had 4 more articles in the media than Medtronic. MarketBeat recorded 57 mentions for Abbott Laboratories and 53 mentions for Medtronic. Abbott Laboratories' average media sentiment score of 1.44 beat Medtronic's score of 1.14 indicating that Abbott Laboratories is being referred to more favorably in the media.
Abbott Laboratories currently has a consensus target price of $137.94, indicating a potential upside of 8.35%. Medtronic has a consensus target price of $96.07, indicating a potential upside of 6.55%. Given Abbott Laboratories' stronger consensus rating and higher probable upside, equities research analysts plainly believe Abbott Laboratories is more favorable than Medtronic.
75.2% of Abbott Laboratories shares are held by institutional investors. Comparatively, 82.1% of Medtronic shares are held by institutional investors. 1.1% of Abbott Laboratories shares are held by company insiders. Comparatively, 0.2% of Medtronic shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.
Abbott Laboratories has a beta of 0.7, indicating that its stock price is 30% less volatile than the S&P 500. Comparatively, Medtronic has a beta of 0.8, indicating that its stock price is 20% less volatile than the S&P 500.
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 3.1%. 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. Medtronic has raised its dividend for 48 consecutive years. Medtronic is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
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 3/25/2025 by MarketBeat.com Staff