Added to YB: 2024-08-01
Pitch date: 2024-07-31
MDT [bullish]
Medtronic plc
+13.05%
current return
Author Info
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Company Info
Medtronic plc develops, manufactures, and sells device-based medical therapies to healthcare systems, physicians, clinicians, and patients in the United States, Ireland, and internationally.
Market Cap
$111.2B
Pitch Price
$76.32
Price Target
147.00 (+70%)
Dividend
3.28%
EV/EBITDA
13.45
P/E
24.20
EV/Sales
3.69
Sector
Health Care Equipment and Supplies
Category
dividend
3 Dividend Aristocrats To Buy And Hold - Medtronic plc
MDT: Global biomedical device leader. Q4 FY24: 5% organic rev growth, EPS -7% to $1.46. FY25 guide: 4.5-5% organic growth, $5.40-$5.50 EPS. 7% annual EPS growth expected thru 2030. Strong IP, product pipeline. 46yr dividend growth streak, 51% payout ratio. P/E 15 vs 17 avg. 13%+ annual return potential over 5yrs.
Read full article (2 min)