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Resmed (RMD)
NYSE:RMD
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RMD Stock Chart & Stats
Day’s Range― - ―
52-Week Range$170.39 - $260.49
Previous CloseN/A
Volume178.41K
Average Volume (3M)760.51K
Market Cap
$34.81B
Enterprise Value$36.46B
Total Cash (Recent Filing)$821.93M
Total Debt (Recent Filing)$1.08B
Price to Earnings (P/E)30.9
Beta1.20
Next Earnings
Jan 30, 2025EPS Estimate
2.33Last Dividend Ex-Date
Nov 07, 2024Dividend Yield0.86%
Share Statistics
EPS (TTM)7.54
Shares Outstanding146,795,750
10 Day Avg. Volume777,284
30 Day Avg. Volume760,513
Standard Deviation0.09
R-Squared0.16
Alpha0.00347
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)7.13
Price to Cash Flow (P/CF)26.30
P/FCF Ratio28.00
Enterprise Value/Market Cap1.05
Enterprise Value/Revenue7.74
Enterprise Value/Gross Profit13.73
Enterprise Value/Ebitda25.27
Forecast
1Y Price Target
$262.13Price Target Upside10.54% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering11
Resmed News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceResMed achieved better-than-expected results with 11% revenue growth and 34% EPS growth, indicating strong financial performance.
Market ExpansionThe expansion of AirSense 11 rollout is contributing to ResMed gaining market share and enhancing its market position.
Technological AdvancementsWearable technology is expected to increase the number of patients on CPAP therapy, representing a potential tailwind for ResMed.
Bears Say
Financial PerformanceThe rate of revenue and EPS growth is expected to slow in FY26 and FY27.
Market ImpactGLP-1s could adversely impact the longer-term total addressable market for CPAP and may prove to be an incremental headwind for RMD.
Valuation ConcernsLonger-term uncertainty puts a dampener on RMD rerating upwards to >40x P/E.
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Ownership Overview
0.53% Insiders
16.75% Mutual Funds
0.39% Other Institutional Investors
58.57% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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RMD FAQ
What was Resmed’s price range in the past 12 months?
Resmed lowest stock price was $170.39 and its highest was $260.49 in the past 12 months.
What is Resmed’s market cap?
Resmed’s market cap is $34.81B.
When is Resmed’s upcoming earnings report date?
Resmed’s upcoming earnings report date is Jan 30, 2025 which is in 12 days.
How were Resmed’s earnings last quarter?
Resmed released its earnings results on Oct 24, 2024. The company reported $2.2 earnings per share for the quarter, beating the consensus estimate of $2.054 by $0.146.
Is Resmed overvalued?
According to Wall Street analysts Resmed’s price is currently Undervalued.
Does Resmed pay dividends?
Resmed pays a Quarterly dividend of $2.016 which represents an annual dividend yield of 0.86%. See more information on Resmed dividends here
What is Resmed’s EPS estimate?
Resmed’s EPS estimate is 2.33.
How many shares outstanding does Resmed have?
Resmed has 146,795,750 shares outstanding.
What happened to Resmed’s price movement after its last earnings report?
Resmed reported an EPS of $2.2 in its last earnings report, beating expectations of $2.054. Following the earnings report the stock price went up 7.123%.
Which hedge fund is a major shareholder of Resmed?
Among the largest hedge funds holding Resmed’s share is Greenvale Capital LLP. It holds Resmed’s shares valued at 171M.
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Resmed Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$262.13 (10.54% Upside)
$262.13 (10.54% Upside)
Blogger Sentiment
Bullish
RMD Sentiment 88%
Sector Average 71%
Sector Average 71%
Hedge Fund Trend
Increased
By 346.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $2.0M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▲ 1.0%
Last 30 Days ▲ 1.0%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
40.61%
12-Months-Change
Fundamentals
Return on Equity
23.56%
Trailing 12-Months
Asset Growth
7.14%
Trailing 12-Months
Company Description
Resmed
Founded in 1989, California-based ResMed, Inc. is a medical equipment company. The company is engaged in the development, manufacturing, distribution, and marketing of medical equipment and software solutions. The company operates through two segments: Sleep and Respiratory Care, and SaaS (Software as a Service).
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RMD Company Deck
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RMD Earnings Call
Q1 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
ResMed demonstrated strong financial performance with double-digit revenue growth, significant profit and EPS gains, and efficient cost management. However, potential risks related to international conflicts and operating expenses were acknowledged.Read More>---
RMD Revenue Breakdown
87.53% Sleep and Respiratory Care
12.47% Software as a Service
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RMD Stock 12 Month Forecast
Average Price Target
$262.13
▲(10.54% Upside)
Technical Analysis
Medtronic
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Intuitive Surgical
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Baxter International
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Boston Scientific
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Stryker
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Zimmer Biomet Holdings
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Best Analysts Covering RMD
1 Year
1 Year Success Rate
12/19 ratings generated profit
1 Year Average Return
+12.16%
assigned a buy rating 2 months ago
Copying Lyanne Harrison's trades and holding each position for 1 Year would result in 63.16% of your transactions generating a profit, with an average return of +12.16% per trade.
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