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Medtronic to announce financial results for its third quarter of fiscal year 2024
Prnewswire· 2024-02-06 12:15
DUBLIN, Feb. 6, 2024 /PRNewswire/ -- Medtronic plc (NYSE:MDT), a global leader in healthcare technology, today announced that it will report financial results for its third quarter of fiscal year 2024 on Tuesday, February 20, 2024. A news release will be issued at approximately 5:45 a.m. Central Standard Time (CST) and will be available at https://news.medtronic.com. The news release will include summary financial information for the company's third quarter of fiscal year 2024, which ended on Friday, Januar ...
Medtronic (MDT) Suffers a Larger Drop Than the General Market: Key Insights
Zacks Investment Research· 2024-02-05 23:56
In the latest trading session, Medtronic (MDT) closed at $86.75, marking a -1% move from the previous day. This move lagged the S&P 500's daily loss of 0.32%. At the same time, the Dow lost 0.71%, and the tech-heavy Nasdaq lost 0.2%.Prior to today's trading, shares of the medical device company had gained 3.62% over the past month. This has outpaced the Medical sector's gain of 2.33% and lagged the S&P 500's gain of 4.59% in that time.Analysts and investors alike will be keeping a close eye on the performan ...
Buy, Hold, Profit: 3 Dividend Stocks to Own Forever at Bargain Prices
InvestorPlace· 2024-01-31 17:44
Today’s dividend stocks are increasingly popular in a wild reversal as top tech stocks take center stage and push market indices back to all-time highs. But that presents a prime opportunity for income investors and long-term “buy and hold” strategists. Many top earners and long-term compounders are priced to buy at a bargain today.If you’re cautious, you may also be nervous about the increasing market concentration in just a handful of stocks. That’s a reasonable fear, and just like dividend stocks benefit ...
Medtronic (MDT) Falls More Steeply Than Broader Market: What Investors Need to Know
Zacks Investment Research· 2024-01-30 23:56
The most recent trading session ended with Medtronic (MDT) standing at $86.97, reflecting a -0.54% shift from the previouse trading day's closing. The stock's change was less than the S&P 500's daily loss of 0.06%. At the same time, the Dow added 0.35%, and the tech-heavy Nasdaq lost 0.76%.The the stock of medical device company has risen by 6.14% in the past month, leading the Medical sector's gain of 1.65% and the S&P 500's gain of 3.36%.Investors will be eagerly watching for the performance of Medtronic ...
Medtronic (MDT) Stock Slides as Market Rises: Facts to Know Before You Trade
Zacks Investment Research· 2024-01-24 23:56
Medtronic (MDT) ended the recent trading session at $84.72, demonstrating a -1.88% swing from the preceding day's closing price. This change lagged the S&P 500's daily gain of 0.08%. Elsewhere, the Dow saw a downswing of 0.26%, while the tech-heavy Nasdaq appreciated by 0.36%.Coming into today, shares of the medical device company had gained 4.91% in the past month. In that same time, the Medical sector gained 2.16%, while the S&P 500 gained 2.4%.Market participants will be closely following the financial r ...
Is Medtronic Stock a Buy Now?
The Motley Fool· 2024-01-23 16:45
Many stocks performed well last year, but Medtronic (MDT -0.38%) wasn't one of them. The medical device giant failed to keep pace with broader equities, partly because it was still dealing with lingering pandemic-related issues, such as supply chain problems. However, Medtronic has a long and impressive track record of growing its revenue and earnings at a good clip and delivering solid returns to its shareholders.While the past isn't a guarantee of anything, it's also important not to write off the company ...
Medtronic receives FDA approval for deep brain stimulation system
MarketBeat· 2024-01-17 12:00
Key PointsMedical device manufacturer Medtronic received FDA approval for its Percept RC Deep Brain Stimulation (DBS) system.DBS helps to relieve movement disorders like Parkinson's disease, dystonia and essential tremor, causing involuntary muscle contractions and seizures by sending controlled direct electrical stimulation to areas in the brain.Medtronic is a dividend aristocrat trading at 16.9Xx forward earnings with a 3.17% annual percentage dividend yield.5 stocks we like better than MedtronicMedtronic ...
Medtronic: Positive FDA News, Remains Undervalued With Shares Near Resistance
Seeking Alpha· 2024-01-13 09:34
Bojan89 Medical device stocks have staged an impressive comeback on both an absolute and relative basis over the past three months. After crumbling compared to the S&P 500 into early October last year, partly due to fears the GLP-1 weight-loss drugs would stymie demand for invasive medical procedures, the group of Health Care sector equities has quickly become market leaders. Medtronic (NYSE:MDT) is up seven sessions in a row to jump-start the year. I reiterate my buy rating on the company. I continue t ...
3 Dividend Stocks to Bank On for Consistent Income
InvestorPlace· 2024-01-12 01:00
While capital appreciation is vital, dividends are also important to total returns. Dividend stocks for consistent income provide both and are often more stable.Your portfolio can be a reliable source of income if you pick the right dividend stocks. There are numerous dividend stocks for consistent income that pay out dividends frequently, either monthly or quarterly. Moreover, as these businesses grow earnings, they increase their dividends periodically, gradually increasing your yield on cost.As this year ...
Medtronic (MDT) Rises As Market Takes a Dip: Key Facts
Zacks Investment Research· 2024-01-12 00:34
The latest trading session saw Medtronic (MDT) ending at $87.09, denoting a +0.01% adjustment from its last day's close. This change outpaced the S&P 500's 0.07% loss on the day.The medical device company's shares have seen an increase of 6.32% over the last month, not keeping up with the Medical sector's gain of 7.37% and outstripping the S&P 500's gain of 3.98%.The upcoming earnings release of Medtronic will be of great interest to investors. The company's earnings report is expected on February 20, 2024. ...