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Should You Pick Medtronic Stock At $85?
Forbes· 2024-11-27 11:00
POLAND - 2024/11/22: In this photo illustration, the Medtronic company logo is seen displayed on a ... [+] smartphone screen. (Photo Illustration by Piotr Swat/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesMedtronic (NYSE: MDT) reported its Q2 fiscal 2025 results (fiscal ends in April) last week, with revenues and earnings exceeding the street estimates. The company reported revenue of $8.4 billion and adjusted earnings of $1.26 per share, compared to the consensus estimat ...
Medtronic(MDT) - 2025 Q2 - Quarterly Report
2024-11-26 21:16
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended October 25, 2024 ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934. For the transition period from __________ to __________ Commission File Number 001-36820 ® Medtronic plc (Exact name of registrant as specified in its charter) Ireland 98-1183488 (State of incorporation) (I.R ...
MDT Stock Gains From FDA Approval for Its InPen App
ZACKS· 2024-11-22 15:16
Medtronic plc (MDT) recently received Food and Drug Administration (“FDA”) clearance for its new InPen app, which features missed meal dose detection. This latest FDA clearance should pave the way for the launch of the company’s Smart MDI system, which combines the InPen smart insulin pen with its newest Simplera continuous glucose monitor (CGM). Medtronic will initiate a limited market release with existing standalone CGM and InPen customers, followed by a broad commercial launch.   MDT’s Likely Stock Tren ...
Here's Why Medtronic (MDT) is a Strong Value Stock
ZACKS· 2024-11-21 15:45
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium includes access to the Zacks Style Scores as well. What are the Zacks Style Scores? ...
Medtronic: A Dividend Aristocrat Powering Up for 2025 and Beyond
MarketBeat· 2024-11-21 13:30
Medtronic’s NYSE: MDT share price is down significantly from its peak in 2021, providing investors a deep-value opportunity. The stock price is down because of the post-COVID correction and headwinds leading to sluggish growth, which are factors that will not last forever. What will remain is Medtronic’s operational quality and ability to sustain distribution growth.  Medtronic TodayMDTMedtronic$84.11 -0.89 (-1.05%) 52-Week Range$75.96▼$92.68Dividend Yield3.33%P/E Ratio25.72Price Target$95.19Add to Watchli ...
Medtronic receives FDA clearance for new InPen™ app, paving the way for its Smart MDI system launch with Simplera™ CGM
Prnewswire· 2024-11-20 13:30
New Smart MDI system will be the first system to deliver real-time, personalized insights on when and how much to dose including for missed or inaccurate mealtime doses. GALWAY, Ireland, Nov. 20, 2024 /PRNewswire/ -- Medtronic plc (NYSE: MDT), a global leader in healthcare technology, today announced U.S. Food and Drug Administration (FDA) clearance for its new InPen™ app featuring missed meal dose detection, paving the way for the launch of its Smart MDI system with the Simplera™ continuous glucose monitor ...
Medtronic Q3 Earnings: A Solid Performance, But Bottom Line Still Needs Fixing
Seeking Alpha· 2024-11-19 20:04
If you like what you have just read and want to receive at least 4 exclusive stock tips every week focused on Pharma, Biotech and Healthcare, then join me at my marketplace channel, Haggerston BioHealth . Invest alongside the model portfolio or simply access the investment bank-grade financial models and research. I hope to see you there.The medical device giant Medtronic plc (NYSE: MDT ) announced its second quarter fiscal results ahead of market open today — so far, the market's reaction has been lukewarm ...
Gold Moves Higher; Medtronic Posts Upbeat Results
Benzinga· 2024-11-19 19:09
U.S. stocks traded mixed toward the end of trading, with the Nasdaq Composite gaining by around 1% on Tuesday.The Dow traded down 0.03% to 43,374.79 while the NASDAQ rose 1.03% to 18,985.21. The S&P 500 also rose, gaining, 0.49% to 5,922.41.Check This Out: This Apollo Global Management Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For TuesdayLeading and Lagging SectorsInformation technology shares rose by 0.6% on Tuesday.In trading on Tuesday, materials shares fell by 0.6%.Top Headli ...
Medtronic(MDT) - 2025 Q2 - Earnings Call Transcript
2024-11-19 16:04
Medtronic plc (NYSE:MDT) Q2 2025 Earnings Conference Call November 19, 2024 8:00 AM ET Company Participants Ryan Weispfenning - VP and Head, IR Geoff Martha - Chairman and CEO Gary Corona - Interim CFO Brad Welnick - VP, IR Que Dallara - EVP and President, Diabetes Operating Unit Sean Salmon - EVP and President, Cardiovascular Portfolio Mike Marinaro - EVP and President, Medical Surgical Portfolio and Surgical Operating Unit Brett Wall - EVP and President, Neuroscience Conference Call Participants Larry Bie ...
Medtronic Q2 Earnings and Revenues Top, Stock Down on Trimmed '25 View
ZACKS· 2024-11-19 15:35
Medtronic plc (MDT) reported adjusted earnings per share (EPS) of $1.26 for the second-quarter fiscal 2025, up 0.8% from the year-ago quarter’s figure. The figure also beat the Zacks Consensus Estimate by 1.61%. Currency-adjusted EPS for the reported quarter was $1.35.Without certain one-time adjustments — including amortization, restructuring and associated costs, certain litigation charges and acquisition-related costs, among others — GAAP EPS was 99 cents, a 45.6% improvement from the year-ago quarter’s ...