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Medtronic (MDT) Competitors

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$90.15 +0.02 (+0.02%)
As of 11:23 AM Eastern
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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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Abbott Laboratories$41.95B5.26$13.40B$7.6516.64
Medtronic$33.20B3.48$3.68B$3.2927.40

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%

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.

CompanyUnderperformOutperform
Abbott LaboratoriesOutperform Votes
946
69.97%
Underperform Votes
406
30.03%
MedtronicOutperform Votes
1589
75.49%
Underperform Votes
516
24.51%

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.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Abbott Laboratories
51 Very Positive mention(s)
2 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Medtronic
41 Very Positive mention(s)
4 Positive mention(s)
6 Neutral mention(s)
1 Negative mention(s)
1 Very Negative mention(s)
Positive

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.

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

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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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$115.64B$3.34B$5.74B$19.78B
Dividend Yield3.05%1.61%4.55%3.75%
P/E Ratio27.4015.6324.7034.14
Price / Sales3.4842.93396.6128.93
Price / Cash12.2144.0938.1617.54
Price / Book2.333.417.154.65
Net Income$3.68B$94.03M$3.20B$1.02B
7 Day Performance-3.36%-0.66%1.84%0.96%
1 Month Performance-0.12%-10.71%5.79%-1.11%
1 Year Performance8.52%-9.12%15.10%7.33%

Medtronic Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MDT
Medtronic
4.2967 of 5 stars
$90.15
+0.0%
$96.07
+6.6%
+8.5%$115.69B$33.20B27.4295,000Positive News
ABT
Abbott Laboratories
4.769 of 5 stars
$127.02
+0.5%
$137.94
+8.6%
+15.1%$220.28B$41.95B16.60115,000Positive News
ISRG
Intuitive Surgical
4.5552 of 5 stars
$508.06
+3.2%
$611.86
+20.4%
+29.1%$180.87B$8.35B79.2212,100Positive News
BSX
Boston Scientific
4.1034 of 5 stars
$102.62
+1.9%
$108.91
+6.1%
+51.9%$151.64B$16.75B82.0245,000Positive News
SYK
Stryker
4.7949 of 5 stars
$375.31
+1.1%
$421.90
+12.4%
+6.2%$143.14B$22.60B48.3453,000Positive News
BDX
Becton, Dickinson and Company
4.8477 of 5 stars
$228.94
-0.6%
$278.29
+21.6%
-7.0%$65.79B$20.64B38.0674,000Options Volume
Positive News
EW
Edwards Lifesciences
4.8351 of 5 stars
$71.59
+1.6%
$79.95
+11.7%
-23.8%$42.04B$5.44B10.2617,300Positive News
IDXX
IDEXX Laboratories
4.2649 of 5 stars
$424.34
+0.8%
$533.75
+25.8%
-20.2%$34.46B$3.90B39.8410,800Analyst Downgrade
Positive News
RMD
ResMed
4.777 of 5 stars
$221.67
+0.9%
$246.83
+11.4%
+16.1%$32.59B$4.93B26.208,160Analyst Upgrade
Positive News
DXCM
DexCom
4.8967 of 5 stars
$75.12
+1.8%
$99.82
+32.9%
-43.4%$29.38B$4.03B52.587,600Positive News
STE
STERIS
4.5374 of 5 stars
$222.83
+1.1%
$258.75
+16.1%
-2.6%$21.92B$5.40B47.3618,179Positive News
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This page (NYSE:MDT) was last updated on 3/25/2025 by MarketBeat.com Staff
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