Medtronic Plc (Brazil) Today
MDTC34 Stock | BRL 252.10 2.85 1.14% |
Performance1 of 100
| Odds Of DistressLess than 9
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Medtronic Plc is trading at 252.10 as of the 28th of November 2024, a 1.14 percent increase since the beginning of the trading day. The stock's open price was 249.25. Medtronic Plc has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Medtronic plc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
Medtronic plc develops, manufactures, distributes, and sells device-based medical therapies to hospitals, physicians, clinicians, and patients worldwide. The company was founded in 1949 and is headquartered in Dublin, Ireland. MEDTRONIC DRN operates under Medical Devices classification in Brazil and is traded on Sao Paolo Stock Exchange. The company has 2.66 B outstanding shares. More on Medtronic plc
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Medtronic Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Medtronic Plc's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Medtronic Plc or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
President | Geoffrey Martha |
Business Concentration | Medical Devices, Healthcare (View all Sectors) |
Medtronic plc (MDTC34) is traded on Sao Paulo Exchange in Brazil and employs 95,000 people. The company currently falls under 'Mega-Cap' category with a current market capitalization of 589.18 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Medtronic Plc's market, we take the total number of its shares issued and multiply it by Medtronic Plc's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Medtronic plc operates under Healthcare sector and is part of Medical Devices industry. The entity has 2.66 B outstanding shares.
Medtronic plc has accumulated about 10.6 B in cash with 7.35 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.94.
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Medtronic plc Risk Profiles
Although Medtronic Plc's alpha and beta are two of the key measurements used to evaluate Medtronic Plc's performance over the market, the standard measures of volatility play an important role as well.
Mean Deviation | 0.7098 | |||
Semi Deviation | 0.8089 | |||
Standard Deviation | 1.29 | |||
Variance | 1.66 |
Medtronic Stock Against Markets
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Additional Information and Resources on Investing in Medtronic Stock
When determining whether Medtronic plc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Medtronic Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Medtronic Plc Stock. Highlighted below are key reports to facilitate an investment decision about Medtronic Plc Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Medtronic plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For information on how to trade Medtronic Stock refer to our How to Trade Medtronic Stock guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.