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Stryker (SYK) Competitors

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$388.66 -0.74 (-0.19%)
(As of 11/19/2024 ET)

SYK vs. ABT, ISRG, BSX, MDT, BDX, EW, RMD, IDXX, DXCM, and STE

Should you be buying Stryker stock or one of its competitors? The main competitors of Stryker include Abbott Laboratories (ABT), Intuitive Surgical (ISRG), Boston Scientific (BSX), Medtronic (MDT), 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.

Stryker vs.

Stryker (NYSE:SYK) and Abbott Laboratories (NYSE:ABT) are both large-cap medical companies, but which is the better business? We will compare the two businesses based on the strength of their earnings, analyst recommendations, dividends, institutional ownership, community ranking, media sentiment, valuation, profitability and risk.

Abbott Laboratories has higher revenue and earnings than Stryker. Abbott Laboratories is trading at a lower price-to-earnings ratio than Stryker, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Stryker$20.50B7.23$3.17B$9.3341.66
Abbott Laboratories$41.22B4.93$5.72B$3.2935.59

In the previous week, Abbott Laboratories had 6 more articles in the media than Stryker. MarketBeat recorded 46 mentions for Abbott Laboratories and 40 mentions for Stryker. Abbott Laboratories' average media sentiment score of 1.50 beat Stryker's score of 1.30 indicating that Abbott Laboratories is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Stryker
32 Very Positive mention(s)
0 Positive mention(s)
7 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Abbott Laboratories
45 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

77.1% of Stryker shares are owned by institutional investors. Comparatively, 75.2% of Abbott Laboratories shares are owned by institutional investors. 5.5% of Stryker shares are owned by insiders. Comparatively, 0.5% of Abbott Laboratories shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Stryker pays an annual dividend of $3.20 per share and has a dividend yield of 0.8%. Abbott Laboratories pays an annual dividend of $2.20 per share and has a dividend yield of 1.9%. Stryker pays out 34.3% of its earnings in the form of a dividend. Abbott Laboratories pays out 66.9% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Stryker has raised its dividend for 31 consecutive years and Abbott Laboratories has raised its dividend for 53 consecutive years. Abbott Laboratories is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Stryker currently has a consensus price target of $393.65, suggesting a potential upside of 1.28%. Abbott Laboratories has a consensus price target of $130.07, suggesting a potential upside of 11.07%. Given Abbott Laboratories' higher probable upside, analysts plainly believe Abbott Laboratories is more favorable than Stryker.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Stryker
0 Sell rating(s)
4 Hold rating(s)
16 Buy rating(s)
0 Strong Buy rating(s)
2.80
Abbott Laboratories
0 Sell rating(s)
4 Hold rating(s)
12 Buy rating(s)
0 Strong Buy rating(s)
2.75

Abbott Laboratories received 17 more outperform votes than Stryker when rated by MarketBeat users. Likewise, 69.70% of users gave Abbott Laboratories an outperform vote while only 64.71% of users gave Stryker an outperform vote.

CompanyUnderperformOutperform
StrykerOutperform Votes
917
64.71%
Underperform Votes
500
35.29%
Abbott LaboratoriesOutperform Votes
934
69.70%
Underperform Votes
406
30.30%

Stryker has a beta of 0.91, indicating that its share price is 9% less volatile than the S&P 500. Comparatively, Abbott Laboratories has a beta of 0.72, indicating that its share price is 28% less volatile than the S&P 500.

Stryker has a net margin of 16.34% compared to Abbott Laboratories' net margin of 13.99%. Stryker's return on equity of 23.07% beat Abbott Laboratories' return on equity.

Company Net Margins Return on Equity Return on Assets
Stryker16.34% 23.07% 11.04%
Abbott Laboratories 13.99%20.18%10.84%

Summary

Stryker beats Abbott Laboratories on 12 of the 21 factors compared between the two stocks.

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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SYK vs. The Competition

MetricStrykerSurgical & medical instruments IndustryMedical SectorNYSE Exchange
Market Cap$148.45B$4.42B$5.00B$19.86B
Dividend Yield0.82%41.17%5.18%3.54%
P/E Ratio41.6624.63131.4442.23
Price / Sales7.2349.021,252.0218.59
Price / Cash29.0451.8733.2617.94
Price / Book7.355.354.655.65
Net Income$3.17B$13.76M$118.24M$983.42M
7 Day Performance0.08%-3.22%-2.47%-0.26%
1 Month Performance5.17%0.77%-4.05%0.04%
1 Year Performance34.35%44.51%29.46%23.52%

Stryker Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SYK
Stryker
4.9433 of 5 stars
$388.66
-0.2%
$393.65
+1.3%
+34.8%$148.45B$20.50B41.6652,000Positive News
ABT
Abbott Laboratories
4.9738 of 5 stars
$117.10
-0.2%
N/A+17.6%$203.10B$40.11B35.59114,000Positive News
ISRG
Intuitive Surgical
4.7015 of 5 stars
$538.82
+1.4%
N/A+76.5%$191.92B$7.87B86.6313,676Analyst Upgrade
Short Interest ↑
Positive News
BSX
Boston Scientific
4.6024 of 5 stars
$90.30
-0.2%
N/A+66.2%$133.09B$14.24B74.6348,000Analyst Forecast
MDT
Medtronic
4.9564 of 5 stars
$85.01
-2.9%
N/A+13.7%$109.02B$32.36B28.7295,000Earnings Report
Analyst Forecast
News Coverage
Gap Down
BDX
Becton, Dickinson and Company
4.9897 of 5 stars
$222.73
-0.6%
N/A-4.5%$64.38B$20.18B37.5073,000Positive News
EW
Edwards Lifesciences
4.1607 of 5 stars
$70.20
+0.4%
N/A+4.9%$41.40B$6.00B10.1319,800Short Interest ↓
Analyst Revision
RMD
ResMed
4.8058 of 5 stars
$238.04
-0.6%
N/A+59.8%$34.94B$4.69B31.539,980Positive News
IDXX
IDEXX Laboratories
4.8645 of 5 stars
$416.34
-0.8%
N/A-10.2%$34.09B$3.66B40.1511,000Short Interest ↓
Positive News
DXCM
DexCom
4.982 of 5 stars
$74.88
-1.8%
N/A-28.7%$29.25B$3.62B44.849,600Positive News
STE
STERIS
4.9924 of 5 stars
$211.98
-2.1%
N/A+5.9%$20.92B$5.14B48.4018,179Analyst Forecast
Positive News

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This page (NYSE:SYK) was last updated on 11/20/2024 by MarketBeat.com Staff
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