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Medtronic (MDT) Competitors

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$89.95 +2.01 (+2.28%)
Closing price 03:59 PM Eastern
Extended Trading
$90.00 +0.05 (+0.06%)
As of 07:38 PM Eastern
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MDT vs. ABT, ISRG, BSX, SYK, BDX, EW, IDXX, DXCM, RMD, 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), DexCom (DXCM), ResMed (RMD), 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 contrast the two companies based on the strength of their media sentiment, dividends, community ranking, earnings, analyst recommendations, profitability, institutional ownership, valuation and risk.

Medtronic received 645 more outperform votes than Abbott Laboratories when rated by MarketBeat users. Likewise, 75.48% of users gave Medtronic an outperform vote while only 69.90% of users gave Abbott Laboratories an outperform vote.

CompanyUnderperformOutperform
Abbott LaboratoriesOutperform Votes
943
69.90%
Underperform Votes
406
30.10%
MedtronicOutperform Votes
1588
75.48%
Underperform Votes
516
24.52%

Abbott Laboratories pays an annual dividend of $2.36 per share and has a dividend yield of 1.7%. 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. Abbott Laboratories has raised its dividend for 53 consecutive years and Medtronic has raised its dividend for 48 consecutive years.

Abbott Laboratories currently has a consensus target price of $133.06, indicating a potential downside of 1.46%. Medtronic has a consensus target price of $95.00, indicating a potential upside of 5.62%. Given Medtronic's higher possible upside, analysts plainly believe Medtronic is more favorable than Abbott Laboratories.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Abbott Laboratories
0 Sell rating(s)
4 Hold rating(s)
13 Buy rating(s)
1 Strong Buy rating(s)
2.83
Medtronic
1 Sell rating(s)
9 Hold rating(s)
5 Buy rating(s)
1 Strong Buy rating(s)
2.38

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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Abbott Laboratories$41.95B5.58$13.40B$7.6517.65
Medtronic$32.36B3.56$3.68B$3.2927.34

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.

Company Net Margins Return on Equity Return on Assets
Abbott Laboratories31.95% 20.74% 11.19%
Medtronic 12.83%14.07%7.70%

Abbott Laboratories has a beta of 0.75, suggesting that its share price is 25% less volatile than the S&P 500. Comparatively, Medtronic has a beta of 0.84, suggesting that its share price is 16% 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. 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 hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

In the previous week, Medtronic had 33 more articles in the media than Abbott Laboratories. MarketBeat recorded 105 mentions for Medtronic and 72 mentions for Abbott Laboratories. Abbott Laboratories' average media sentiment score of 1.56 beat Medtronic's score of 0.96 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
66 Very Positive mention(s)
3 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
Medtronic
57 Very Positive mention(s)
7 Positive mention(s)
28 Neutral mention(s)
4 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Abbott Laboratories beats Medtronic on 13 of the 21 factors compared between the two stocks.

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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.
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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.
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MDT vs. The Competition

MetricMedtronicElectromedical equipment IndustryMedical SectorNYSE Exchange
Market Cap$115.34B$3.40B$5.78B$20.06B
Dividend Yield3.22%1.65%4.78%3.65%
P/E Ratio27.3416.9626.4634.89
Price / Sales3.5674.90457.0115.65
Price / Cash12.0845.9944.0420.85
Price / Book2.323.867.634.92
Net Income$3.68B$92.00M$3.18B$1.02B
7 Day Performance-3.30%4.33%-1.82%-1.05%
1 Month Performance1.81%7.66%0.22%-1.39%
1 Year Performance4.71%13.25%17.49%13.93%

Medtronic Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MDT
Medtronic
4.2676 of 5 stars
$89.95
+2.3%
$95.00
+5.6%
+2.7%$115.34B$32.36B27.3495,000Earnings Report
Analyst Forecast
Analyst Revision
ABT
Abbott Laboratories
4.8962 of 5 stars
$130.63
-0.9%
$133.06
+1.9%
+14.2%$226.56B$41.95B17.08114,000Dividend Announcement
Positive News
ISRG
Intuitive Surgical
4.5253 of 5 stars
$595.55
+0.7%
$613.10
+2.9%
+60.6%$212.12B$8.35B92.9113,676Positive News
BSX
Boston Scientific
4.5526 of 5 stars
$106.20
+0.1%
$107.39
+1.1%
+59.1%$156.51B$16.75B84.9648,000Analyst Downgrade
Insider Trade
Positive News
SYK
Stryker
4.8244 of 5 stars
$385.05
-0.9%
$420.68
+9.3%
+11.0%$146.79B$22.60B49.6252,000Analyst Forecast
Insider Trade
Analyst Revision
Positive News
BDX
Becton, Dickinson and Company
4.9253 of 5 stars
$224.89
-0.1%
$278.29
+23.7%
-5.3%$65.22B$20.18B37.3674,000Positive News
EW
Edwards Lifesciences
4.4114 of 5 stars
$76.23
+0.3%
$79.95
+4.9%
-14.1%$44.96B$6.00B11.0019,800Positive News
IDXX
IDEXX Laboratories
4.5297 of 5 stars
$444.53
-3.3%
$533.75
+20.1%
-17.8%$36.40B$3.90B41.6611,000Positive News
DXCM
DexCom
4.7476 of 5 stars
$89.07
+5.9%
$99.06
+11.2%
-24.2%$34.79B$3.62B53.349,600Positive News
High Trading Volume
RMD
ResMed
4.3704 of 5 stars
$232.93
-2.7%
$244.73
+5.1%
+28.9%$34.21B$4.69B27.509,980Analyst Revision
Positive News
STE
STERIS
4.7488 of 5 stars
$219.54
+0.1%
$258.75
+17.9%
-3.7%$21.55B$5.40B46.6118,179Positive News

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This page (NYSE:MDT) was last updated on 2/21/2025 by MarketBeat.com Staff
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