Stryker (SYK) Competitors

$334.68
+0.70 (+0.21%)
(As of 05/17/2024 08:54 PM ET)

SYK vs. BSX, BDX, DXCM, RMD, ELV, SNY, MDT, ISRG, VRTX, and REGN

Should you be buying Stryker stock or one of its competitors? The main competitors of Stryker include Boston Scientific (BSX), Becton, Dickinson and Company (BDX), DexCom (DXCM), ResMed (RMD), Elevance Health (ELV), Sanofi (SNY), Medtronic (MDT), Intuitive Surgical (ISRG), Vertex Pharmaceuticals (VRTX), and Regeneron Pharmaceuticals (REGN). These companies are all part of the "medical" sector.

Stryker vs.

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

Stryker currently has a consensus target price of $365.94, indicating a potential upside of 9.34%. Boston Scientific has a consensus target price of $75.32, indicating a potential upside of 0.90%. Given Stryker's higher probable upside, equities research analysts clearly believe Stryker is more favorable than Boston Scientific.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Stryker
0 Sell rating(s)
4 Hold rating(s)
14 Buy rating(s)
0 Strong Buy rating(s)
2.78
Boston Scientific
0 Sell rating(s)
2 Hold rating(s)
18 Buy rating(s)
1 Strong Buy rating(s)
2.95

Stryker has a net margin of 16.03% compared to Boston Scientific's net margin of 12.06%. Stryker's return on equity of 23.05% beat Boston Scientific's return on equity.

Company Net Margins Return on Equity Return on Assets
Stryker16.03% 23.05% 10.88%
Boston Scientific 12.06%16.39%9.08%

Boston Scientific received 108 more outperform votes than Stryker when rated by MarketBeat users. Likewise, 69.33% of users gave Boston Scientific an outperform vote while only 64.51% of users gave Stryker an outperform vote.

CompanyUnderperformOutperform
StrykerOutperform Votes
889
64.51%
Underperform Votes
489
35.49%
Boston ScientificOutperform Votes
997
69.33%
Underperform Votes
441
30.67%

Stryker has a beta of 0.91, meaning that its stock price is 9% less volatile than the S&P 500. Comparatively, Boston Scientific has a beta of 0.77, meaning that its stock price is 23% less volatile than the S&P 500.

77.1% of Stryker shares are held by institutional investors. Comparatively, 89.1% of Boston Scientific shares are held by institutional investors. 5.9% of Stryker shares are held by insiders. Comparatively, 0.5% of Boston Scientific shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Stryker has higher revenue and earnings than Boston Scientific. Stryker 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
Stryker$20.50B6.22$3.17B$8.7638.21
Boston Scientific$14.24B7.69$1.59B$1.1962.73

In the previous week, Boston Scientific had 11 more articles in the media than Stryker. MarketBeat recorded 22 mentions for Boston Scientific and 11 mentions for Stryker. Stryker's average media sentiment score of 0.77 beat Boston Scientific's score of 0.55 indicating that Stryker is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Stryker
8 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Boston Scientific
7 Very Positive mention(s)
3 Positive mention(s)
9 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Stryker beats Boston Scientific on 10 of the 19 factors compared between the two stocks.

New MarketBeat Followers Over Time

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.
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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$127.50B$3.99B$5.23B$18.11B
Dividend Yield0.96%1.96%44.24%3.44%
P/E Ratio38.2110.14109.4023.36
Price / Sales6.2265.712,368.9210.62
Price / Cash24.9647.4336.7919.24
Price / Book6.655.265.506.00
Net Income$3.17B$4.48M$105.95M$966.17M
7 Day Performance1.24%2.00%1.42%1.85%
1 Month Performance2.84%4.45%4.96%6.59%
1 Year Performance17.28%16.45%7.84%23.69%

Stryker Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BSX
Boston Scientific
4.472 of 5 stars
$73.47
+0.9%
$75.09
+2.2%
+39.2%$107.79B$14.24B61.7448,000Analyst Forecast
Short Interest ↑
BDX
Becton, Dickinson and Company
4.9279 of 5 stars
$235.00
-0.8%
$281.40
+19.7%
-6.2%$67.92B$19.37B51.7673,000Positive News
DXCM
DexCom
4.8442 of 5 stars
$125.97
+0.8%
$141.67
+12.5%
+12.1%$50.10B$3.62B81.279,600Analyst Upgrade
Short Interest ↓
News Coverage
Positive News
RMD
ResMed
4.6478 of 5 stars
$215.85
-0.9%
$202.80
-6.0%
-2.6%$31.71B$4.22B33.1610,140Positive News
ELV
Elevance Health
4.0267 of 5 stars
$534.63
-0.8%
$587.42
+9.9%
+19.6%$124.26B$171.34B20.21104,900Short Interest ↑
Positive News
SNY
Sanofi
2.8772 of 5 stars
$49.50
-1.4%
$55.00
+11.1%
-11.6%$125.22B$46.61B24.8786,088Analyst Revision
Gap Down
MDT
Medtronic
4.5624 of 5 stars
$84.29
+0.9%
$94.91
+12.6%
-3.8%$111.92B$31.23B26.8495,000Upcoming Earnings
ISRG
Intuitive Surgical
4.6018 of 5 stars
$384.19
+0.9%
$396.17
+3.1%
+27.2%$136.27B$7.12B69.3513,676Insider Selling
Short Interest ↑
VRTX
Vertex Pharmaceuticals
4.1514 of 5 stars
$428.59
-0.3%
$432.18
+0.8%
+30.3%$110.60B$9.87B27.815,400Analyst Upgrade
REGN
Regeneron Pharmaceuticals
4.0575 of 5 stars
$984.64
+0.8%
$981.71
-0.3%
+29.4%$108.50B$13.12B29.0913,450Analyst Forecast
Insider Selling
News Coverage
Positive News

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This page (NYSE:SYK) was last updated on 5/20/2024 by MarketBeat.com Staff

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