Medtronic (MDT) Surpasses Market Returns: Some Facts Worth Knowing
From Nasdaq: 2025-05-02 17:45:00
Medtronic (MDT) closed at $84.85, up 1.54% from the previous session, outperforming the S&P 500, Dow, and Nasdaq. The upcoming earnings report on May 21 predicts an EPS of $1.58 and revenue of $8.81 billion. Analysts’ positive revisions indicate potential stock price performance. Medtronic currently holds a Zacks Rank of #3 (Hold).
With a Forward P/E ratio of 14.33 and a PEG ratio of 1.97, Medtronic trades at a discount compared to industry averages. The Medical – Products industry, part of the Medical sector, ranks low at 159 out of 250+ industries. Monitor these stock-influencing metrics on Zacks.com for insights into future trading sessions.
Zacks experts have selected 5 stocks poised to double, offering a potential gain of +100% or more in 2024. These stocks, under Wall Street’s radar, present an opportunity for substantial growth. For more recommendations and a free stock analysis report on Medtronic PLC (MDT), visit Zacks Investment Research.
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