MDT vs. ABT, ISRG, SYK, BSX, 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), Stryker (SYK), Boston Scientific (BSX), 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.
Medtronic (NYSE:MDT) and Abbott Laboratories (NYSE:ABT) are both large-cap medical companies, but which is the superior investment? We will contrast the two companies based on the strength of their earnings, community ranking, media sentiment, dividends, profitability, institutional ownership, analyst recommendations, risk and valuation.
Medtronic received 653 more outperform votes than Abbott Laboratories when rated by MarketBeat users. Likewise, 75.61% of users gave Medtronic an outperform vote while only 69.70% of users gave Abbott Laboratories an outperform vote.
In the previous week, Medtronic had 8 more articles in the media than Abbott Laboratories. MarketBeat recorded 20 mentions for Medtronic and 12 mentions for Abbott Laboratories. Abbott Laboratories' average media sentiment score of 0.84 beat Medtronic's score of 0.71 indicating that Abbott Laboratories is being referred to more favorably in the news media.
82.1% of Medtronic shares are owned by institutional investors. Comparatively, 75.2% of Abbott Laboratories shares are owned by institutional investors. 0.2% of Medtronic shares are owned by company insiders. Comparatively, 1.1% of Abbott Laboratories shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.
Medtronic presently has a consensus target price of $95.00, indicating a potential upside of 17.24%. Abbott Laboratories has a consensus target price of $130.71, indicating a potential upside of 14.43%. Given Medtronic's higher possible upside, research analysts clearly believe Medtronic is more favorable than Abbott Laboratories.
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.
Medtronic pays an annual dividend of $2.80 per share and has a dividend yield of 3.5%. Abbott Laboratories pays an annual dividend of $2.36 per share and has a dividend yield of 2.1%. Medtronic pays out 85.6% 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 pays out 71.7% of its earnings in the form of a dividend. Medtronic has raised its dividend for 48 consecutive years and Abbott Laboratories has raised its dividend for 53 consecutive years.
Medtronic has a beta of 0.82, indicating that its share price is 18% less volatile than the S&P 500. Comparatively, Abbott Laboratories has a beta of 0.73, indicating that its share price is 27% less volatile than the S&P 500.
Abbott Laboratories has a net margin of 13.99% compared to Medtronic's net margin of 13.00%. Abbott Laboratories' return on equity of 20.18% beat Medtronic's return on equity.
Summary
Abbott Laboratories beats Medtronic on 14 of the 22 factors compared between the two stocks.
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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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This page (NYSE:MDT) was last updated on 12/21/2024 by MarketBeat.com Staff