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Stryker (SYK) Competitors

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$364.60 +7.46 (+2.09%)
(As of 05:30 PM ET)

SYK vs. ABT, ISRG, BSX, MDT, BDX, EW, IDXX, RMD, 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), IDEXX Laboratories (IDXX), ResMed (RMD), DexCom (DXCM), and STERIS (STE). These companies are all part of the "health care equipment" industry.

Stryker vs.

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

Abbott Laboratories pays an annual dividend of $2.36 per share and has a dividend yield of 2.1%. Stryker pays an annual dividend of $3.36 per share and has a dividend yield of 0.9%. Abbott Laboratories pays out 71.7% of its earnings in the form of a dividend. Stryker pays out 36.0% 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. Abbott Laboratories has increased its dividend for 53 consecutive years and Stryker has increased its dividend for 32 consecutive years. Abbott Laboratories is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

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
Abbott Laboratories$41.22B4.78$5.72B$3.2934.55
Stryker$21.97B6.23$3.17B$9.3338.46

75.2% of Abbott Laboratories shares are held by institutional investors. Comparatively, 77.1% of Stryker shares are held by institutional investors. 1.1% of Abbott Laboratories shares are held by company insiders. Comparatively, 5.9% of Stryker shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Abbott Laboratories currently has a consensus price target of $130.71, indicating a potential upside of 14.98%. Stryker has a consensus price target of $405.80, indicating a potential upside of 13.09%. Given Abbott Laboratories' higher probable upside, equities research analysts plainly believe Abbott Laboratories is more favorable than Stryker.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Abbott Laboratories
0 Sell rating(s)
4 Hold rating(s)
11 Buy rating(s)
0 Strong Buy rating(s)
2.73
Stryker
0 Sell rating(s)
3 Hold rating(s)
17 Buy rating(s)
0 Strong Buy rating(s)
2.85

In the previous week, Abbott Laboratories had 3 more articles in the media than Stryker. MarketBeat recorded 16 mentions for Abbott Laboratories and 13 mentions for Stryker. Stryker's average media sentiment score of 1.04 beat Abbott Laboratories' score of 0.88 indicating that Stryker is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Abbott Laboratories
8 Very Positive mention(s)
2 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Stryker
6 Very Positive mention(s)
1 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Abbott Laboratories has a beta of 0.73, indicating that its stock price is 27% less volatile than the S&P 500. Comparatively, Stryker has a beta of 0.94, indicating that its stock price is 6% less volatile than the S&P 500.

Abbott Laboratories received 11 more outperform votes than Stryker when rated by MarketBeat users. Likewise, 69.70% of users gave Abbott Laboratories an outperform vote while only 64.77% of users gave Stryker an outperform vote.

CompanyUnderperformOutperform
Abbott LaboratoriesOutperform Votes
934
69.70%
Underperform Votes
406
30.30%
StrykerOutperform Votes
923
64.77%
Underperform Votes
502
35.23%

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
Abbott Laboratories13.99% 20.18% 10.84%
Stryker 16.34%23.07%11.04%

Summary

Stryker beats Abbott Laboratories on 13 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$136.80B$4.30B$4.98B$19.01B
Dividend Yield0.86%41.45%4.87%3.54%
P/E Ratio38.4625.18135.1640.91
Price / Sales6.2344.431,157.0316.41
Price / Cash27.9443.4640.5521.28
Price / Book7.337.274.735.27
Net Income$3.17B$13.83M$118.55M$988.46M
7 Day Performance-4.25%-4.59%-2.45%-4.30%
1 Month Performance-6.96%-1.33%11.31%-3.23%
1 Year Performance24.46%42.22%30.51%12.90%

Stryker Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SYK
Stryker
4.9656 of 5 stars
$364.60
+2.1%
$405.80
+11.3%
+22.3%$138.99B$21.97B39.0852,000Analyst Forecast
Positive News
High Trading Volume
ABT
Abbott Laboratories
4.9055 of 5 stars
$113.49
+0.1%
$130.71
+15.2%
+3.7%$196.84B$41.22B34.46114,000Dividend Increase
ISRG
Intuitive Surgical
4.6725 of 5 stars
$546.64
+1.3%
$550.28
+0.7%
+56.1%$194.70B$7.87B86.7513,676Analyst Forecast
BSX
Boston Scientific
4.3969 of 5 stars
$91.14
+1.1%
$95.52
+4.8%
+58.8%$134.32B$15.91B75.0248,000Analyst Forecast
MDT
Medtronic
4.9488 of 5 stars
$82.06
-0.5%
$95.27
+16.1%
-2.5%$105.22B$33.00B25.1495,000Analyst Forecast
Options Volume
BDX
Becton, Dickinson and Company
4.9076 of 5 stars
$230.54
+2.2%
$283.50
+23.0%
-7.0%$66.65B$20.18B37.9774,000Analyst Downgrade
Insider Trade
Analyst Revision
EW
Edwards Lifesciences
3.9144 of 5 stars
$73.57
+0.3%
$79.40
+7.9%
-1.8%$43.39B$6.00B10.7419,800
IDXX
IDEXX Laboratories
4.9817 of 5 stars
$432.35
+0.1%
$539.63
+24.8%
-25.0%$35.40B$3.84B41.6711,000Positive News
RMD
ResMed
4.5161 of 5 stars
$241.02
+1.0%
$227.91
-5.4%
+33.4%$35.38B$4.81B31.599,980Positive News
DXCM
DexCom
4.9106 of 5 stars
$76.42
-1.0%
$98.00
+28.2%
-38.5%$29.85B$3.95B46.229,600
STE
STERIS
4.9319 of 5 stars
$213.74
-0.2%
$262.50
+22.8%
-6.7%$21.10B$5.14B48.9118,179Positive News

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This page (NYSE:SYK) was last updated on 12/20/2024 by MarketBeat.com Staff
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