Analyst Expects Medtronic Plc (NYSE: MDT) To Make Big Moves

After Hours

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Stocks Info

The company is listed on the NYSE and operates within the Medical Devices industry segment. The current market capitalization of Medtronic Plc is $111.94B. A total of 4.05 million shares were traded on the day, compared to an average of 6.15M shares.

In the most recent transaction, Marinaro Michael sold 854 shares of MDT for 83.14 per share on Apr 08 ’24. After the transaction, the EVP & President, Surgical OU now owns 27,925 company shares. In a previous transaction on Feb 21 ’24, Salmon Sean sold 30,695 shares at 85.13 per share. MDT shares that EVP & President Cardiovascular owns now total 48,289.

Among the insiders who sold shares, Wall Brett A. disposed of 4,997 shares on Dec 19 ’23 at a per-share price of $82.17. This resulted in the EVP & Pres Neuroscience holding 28,910 shares of MDT after the transaction. In another insider transaction, Smith Gregory L sold 10,000 shares at $83.84 per share on Aug 23 ’23. Company shares held by the EVP Global Ops & Supply Chain now total 46,723.


The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Medtronic Plc pays an annual dividend of $2.76, resulting in a dividend yield of 3.27%, and it has a price to earnings (P/E) ratio of 26.74. MDT’s most recent ex-dividend date was 3/21/2024 when it declared a $0.69 quarterly dividend that was paid in cash on 4/12/2024. Previously, the company paid the dividend on 1/12/2024 with an ex-dividend date of 12/19/2023. The MDT stock dividend was $0.69 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, MDT has a high of $91.00 and a low of $68.84.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. MDT’s latest balance sheet shows that the firm has $10.57B in Cash & Short Term Investments as of fiscal 2022. There were $24.11B in debt and $12.39B in liabilities at the time. Its Book Value Per Share was $38.95, while its Total Shareholder’s Equity was $52.72B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for MDT is Buy with a score of 3.76.

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