SYK vs. ELV, ISRG, SNY, AMGN, MDT, PFE, VRTX, CI, BSX, and BMY
Should you be buying Stryker stock or one of its competitors? The main competitors of Stryker include Elevance Health (ELV), Intuitive Surgical (ISRG), Sanofi (SNY), Amgen (AMGN), Medtronic (MDT), Pfizer (PFE), Vertex Pharmaceuticals (VRTX), The Cigna Group (CI), Boston Scientific (BSX), and Bristol-Myers Squibb (BMY). These companies are all part of the "medical" sector.
Elevance Health (NYSE:ELV) and Stryker (NYSE:SYK) are both large-cap medical companies, but which is the better business? We will compare the two businesses based on the strength of their dividends, media sentiment, earnings, profitability, valuation, community ranking, analyst recommendations, institutional ownership and risk.
In the previous week, Elevance Health had 24 more articles in the media than Stryker. MarketBeat recorded 38 mentions for Elevance Health and 14 mentions for Stryker. Stryker's average media sentiment score of 0.79 beat Elevance Health's score of 0.73 indicating that Elevance Health is being referred to more favorably in the media.
Elevance Health pays an annual dividend of $6.52 per share and has a dividend yield of 1.2%. Stryker pays an annual dividend of $3.20 per share and has a dividend yield of 1.0%. Elevance Health pays out 24.6% of its earnings in the form of a dividend. Stryker pays out 38.8% 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. Elevance Health has increased its dividend for 13 consecutive years and Stryker has increased its dividend for 31 consecutive years. Elevance Health is clearly the better dividend stock, given its higher yield and lower payout ratio.
Stryker received 52 more outperform votes than Elevance Health when rated by MarketBeat users. However, 66.61% of users gave Elevance Health an outperform vote while only 64.43% of users gave Stryker an outperform vote.
Stryker has a net margin of 15.44% compared to Stryker's net margin of 3.64%. Elevance Health's return on equity of 22.99% beat Stryker's return on equity.
89.2% of Elevance Health shares are held by institutional investors. Comparatively, 77.1% of Stryker shares are held by institutional investors. 0.4% of Elevance Health shares are held by company insiders. Comparatively, 5.9% of Stryker shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
Elevance Health has higher revenue and earnings than Stryker. Elevance Health is trading at a lower price-to-earnings ratio than Stryker, indicating that it is currently the more affordable of the two stocks.
Elevance Health has a beta of 0.78, indicating that its stock price is 22% less volatile than the S&P 500. Comparatively, Stryker has a beta of 0.89, indicating that its stock price is 11% less volatile than the S&P 500.
Elevance Health presently has a consensus price target of $587.42, suggesting a potential upside of 9.34%. Stryker has a consensus price target of $340.67, suggesting a potential upside of 1.51%. Given Stryker's stronger consensus rating and higher probable upside, equities research analysts plainly believe Elevance Health is more favorable than Stryker.
Summary
Elevance Health beats Stryker on 12 of the 21 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding SYK and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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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