Medtronic (MDT) Competitors

$82.25
+0.70 (+0.86%)
(As of 11:34 AM ET)

MDT vs. BSX, REGN, VRTX, CI, ELV, SNY, GSK, SYK, BMY, and HCA

Should you be buying Medtronic stock or one of its competitors? The main competitors of Medtronic include Boston Scientific (BSX), Regeneron Pharmaceuticals (REGN), Vertex Pharmaceuticals (VRTX), The Cigna Group (CI), Elevance Health (ELV), Sanofi (SNY), GSK (GSK), Stryker (SYK), Bristol-Myers Squibb (BMY), and HCA Healthcare (HCA). These companies are all part of the "medical" sector.

Medtronic vs.

Boston Scientific (NYSE:BSX) and Medtronic (NYSE:MDT) are both large-cap medical companies, but which is the better business? We will contrast the two companies based on the strength of their dividends, valuation, analyst recommendations, media sentiment, institutional ownership, risk, profitability, community ranking and earnings.

Boston Scientific currently has a consensus price target of $75.09, suggesting a potential upside of 2.26%. Medtronic has a consensus price target of $94.91, suggesting a potential upside of 15.64%. Given Boston Scientific's higher possible upside, analysts plainly believe Medtronic is more favorable than Boston Scientific.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Boston Scientific
0 Sell rating(s)
2 Hold rating(s)
18 Buy rating(s)
1 Strong Buy rating(s)
2.95
Medtronic
1 Sell rating(s)
4 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.40

Boston Scientific has a beta of 0.77, suggesting that its share price is 23% less volatile than the S&P 500. Comparatively, Medtronic has a beta of 0.78, suggesting that its share price is 22% less volatile than the S&P 500.

In the previous week, Boston Scientific and Boston Scientific both had 20 articles in the media. Boston Scientific's average media sentiment score of 0.69 beat Medtronic's score of 0.52 indicating that Medtronic is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Boston Scientific
11 Very Positive mention(s)
4 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Positive
Medtronic
8 Very Positive mention(s)
3 Positive mention(s)
9 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Medtronic has a net margin of 13.00% compared to Medtronic's net margin of 12.06%. Medtronic's return on equity of 16.39% beat Boston Scientific's return on equity.

Company Net Margins Return on Equity Return on Assets
Boston Scientific12.06% 16.39% 9.08%
Medtronic 13.00%13.71%7.81%

89.1% of Boston Scientific shares are owned by institutional investors. Comparatively, 82.1% of Medtronic shares are owned by institutional investors. 0.5% of Boston Scientific shares are owned by insiders. Comparatively, 0.3% of Medtronic shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Medtronic received 582 more outperform votes than Boston Scientific when rated by MarketBeat users. Likewise, 76.53% of users gave Medtronic an outperform vote while only 69.31% of users gave Boston Scientific an outperform vote.

CompanyUnderperformOutperform
Boston ScientificOutperform Votes
996
69.31%
Underperform Votes
441
30.69%
MedtronicOutperform Votes
1578
76.53%
Underperform Votes
484
23.47%

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Boston Scientific$14.71B7.37$1.59B$1.1962.09
Medtronic$32.32B3.38$3.76B$3.1426.19

Summary

Boston Scientific and Medtronic tied by winning 9 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding MDT 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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MDT vs. The Competition

MetricMedtronicElectromedical equipment IndustryMedical SectorNYSE Exchange
Market Cap$109.21B$3.24B$5.01B$17.76B
Dividend Yield3.41%1.68%2.84%3.52%
P/E Ratio26.199.87188.6624.88
Price / Sales3.3859.612,296.4610.85
Price / Cash11.1666.1233.5415.59
Price / Book2.123.975.295.08
Net Income$3.76B$87.99M$105.29M$967.52M
7 Day Performance1.64%-0.21%0.46%2.20%
1 Month Performance-1.85%-8.84%-3.47%-0.92%
1 Year Performance-8.20%1.07%3.35%102.50%

Medtronic Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BSX
Boston Scientific
4.3867 of 5 stars
$73.43
+1.2%
$75.09
+2.3%
+36.9%$107.73B$14.24B61.7148,000Insider Selling
REGN
Regeneron Pharmaceuticals
3.9951 of 5 stars
$969.97
+1.2%
$981.71
+1.2%
+27.1%$106.46B$13.12B28.6513,450
VRTX
Vertex Pharmaceuticals
4.1527 of 5 stars
$410.24
+1.9%
$432.18
+5.3%
+21.7%$106.03B$9.87B29.535,400Earnings Report
Analyst Forecast
CI
The Cigna Group
4.785 of 5 stars
$346.70
+1.3%
$366.14
+5.6%
+31.2%$98.49B$195.27B28.4672,500Earnings Report
Analyst Revision
ELV
Elevance Health
4.7816 of 5 stars
$536.06
+1.2%
$587.42
+9.6%
+14.7%$124.59B$171.34B20.26104,900Positive News
SNY
Sanofi
3.2782 of 5 stars
$49.57
+0.5%
$55.00
+11.0%
-8.8%$125.39B$46.61B24.9186,088Gap Down
GSK
GSK
2.786 of 5 stars
$44.15
+1.6%
N/A+20.1%$91.50B$37.71B16.0070,200
SYK
Stryker
4.9654 of 5 stars
$332.14
+2.0%
$365.94
+10.2%
+14.2%$126.53B$20.50B37.9252,000
BMY
Bristol-Myers Squibb
4.9893 of 5 stars
$44.04
+0.3%
$60.00
+36.2%
-36.2%$89.27B$45.01B-14.2134,100
HCA
HCA Healthcare
4.6933 of 5 stars
$314.44
+1.4%
$316.59
+0.7%
+11.4%$82.35B$64.97B15.67310,000Insider Selling

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This page (NYSE:MDT) was last updated on 5/9/2024 by MarketBeat.com Staff

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