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Medtronic (MDT) Competitors

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$84.20 +1.30 (+1.57%)
As of 03:59 PM Eastern

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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Abbott Laboratories$41.95B5.27$13.40B$7.6516.67
Medtronic$33.20B3.23$3.68B$3.2925.39

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.

CompanyUnderperformOutperform
Abbott LaboratoriesOutperform Votes
946
69.97%
Underperform Votes
406
30.03%
MedtronicOutperform Votes
1589
75.45%
Underperform Votes
517
24.55%

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.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Abbott Laboratories
32 Very Positive mention(s)
3 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Medtronic
28 Very Positive mention(s)
4 Positive mention(s)
5 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive

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.

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 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.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Abbott Laboratories
0 Sell rating(s)
4 Hold rating(s)
14 Buy rating(s)
1 Strong Buy rating(s)
2.84
Medtronic
1 Sell rating(s)
8 Hold rating(s)
6 Buy rating(s)
1 Strong Buy rating(s)
2.44

Summary

Abbott Laboratories beats Medtronic on 14 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$107.14B$3.13B$5.33B$18.46B
Dividend Yield3.42%1.81%5.11%4.25%
P/E Ratio25.3914.8421.6930.89
Price / Sales3.2344.47373.8326.26
Price / Cash12.2144.0938.1517.54
Price / Book2.163.296.384.27
Net Income$3.68B$94.03M$3.20B$1.02B
7 Day Performance0.52%0.63%5.40%3.71%
1 Month Performance-10.35%-7.91%-7.32%-7.23%
1 Year Performance4.26%-22.93%6.99%-0.47%

Medtronic Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MDT
Medtronic
4.6764 of 5 stars
$84.20
+1.6%
$96.14
+14.2%
+3.2%$107.99B$33.20B25.5995,000Analyst Forecast
Short Interest ↓
Positive News
ABT
Abbott Laboratories
4.8476 of 5 stars
$125.48
+0.8%
$137.94
+9.9%
+16.2%$217.62B$41.95B16.40115,000Upcoming Earnings
Positive News
ISRG
Intuitive Surgical
4.8365 of 5 stars
$467.69
+3.6%
$611.86
+30.8%
+28.3%$166.77B$8.35B73.0512,100Positive News
BSX
Boston Scientific
4.4117 of 5 stars
$91.80
+2.3%
$108.91
+18.6%
+37.6%$136.00B$16.75B73.5645,000Analyst Forecast
Positive News
Gap Down
SYK
Stryker
4.5188 of 5 stars
$348.28
+0.7%
$421.90
+21.1%
+2.3%$132.90B$22.60B44.8751,000Positive News
High Trading Volume
BDX
Becton, Dickinson and Company
4.7616 of 5 stars
$206.86
-0.2%
$275.71
+33.3%
-14.3%$59.63B$20.64B34.5077,000Short Interest ↑
Analyst Revision
Positive News
EW
Edwards Lifesciences
4.518 of 5 stars
$69.33
0.0%
$79.95
+15.3%
-23.2%$40.77B$5.44B9.9517,300Analyst Forecast
News Coverage
Positive News
RMD
ResMed
4.401 of 5 stars
$214.79
+4.7%
$249.73
+16.3%
+14.9%$31.58B$4.93B25.388,160Positive News
IDXX
IDEXX Laboratories
4.8072 of 5 stars
$386.88
-1.7%
$533.75
+38.0%
-21.5%$31.35B$3.90B36.2610,800Positive News
DXCM
DexCom
4.9113 of 5 stars
$61.90
+3.5%
$99.82
+61.3%
-51.4%$24.27B$4.03B43.297,600Positive News
Gap Down
STE
STERIS
4.602 of 5 stars
$214.56
+0.9%
$258.75
+20.6%
+8.4%$21.15B$5.40B45.7116,000Positive News
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This page (NYSE:MDT) was last updated on 4/14/2025 by MarketBeat.com Staff
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