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Stryker Corporation (SYK)
NYSE:SYK
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SYK Stock Chart & Stats
Day’s Range― - ―
52-Week Range$307.23 - $398.20
Previous CloseN/A
Volume378.36K
Average Volume (3M)1.22M
Market Cap
$145.54B
Enterprise Value$150.63B
Total Cash (Recent Filing)$3.38B
Total Debt (Recent Filing)$6.69B
Price to Earnings (P/E)39.5
Beta0.71
Next Earnings
Jan 28, 2025EPS Estimate
3.87Last Dividend Ex-Date
Dec 31, 2024Dividend Yield0.88%
Share Statistics
EPS (TTM)9.33
Shares Outstanding381,215,760
10 Day Avg. Volume1,332,093
30 Day Avg. Volume1,219,773
Standard Deviation0.07
R-Squared0.49
Alpha0.00161
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)6.39
Price to Cash Flow (P/CF)23.80
P/FCF Ratio26.90
Enterprise Value/Market Cap1.03
Enterprise Value/Revenue6.85
Enterprise Value/Gross Profit11.54
Enterprise Value/Ebitda28.36
Forecast
1Y Price Target
$418.33Price Target Upside9.57% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering22
Stryker News
Bulls Say, Bears Say
Bulls Say
Acquisition And ExpansionThe acquisition of Inari Medical is expected to enhance SYK's commercial reach with products sold in over 30 countries.
Financial PerformanceInari's high-teens sales growth and high gross margin profiles suggest clear accretion potential for Stryker.
Market Growth OpportunityThe acquisition provides Stryker entry into the significant US mechanical thrombectomy market, estimated at approximately $6 billion.
Bears Say
Acquisition ImpactThe acquisition is expected to be dilutive to Stryker Corp's estimated earnings per share for 2025.
Financial PerformanceThe company's outlook for 4Q24's organic growth is below Stryker's historical trend for a strong quarter.
Foreign Exchange ImpactFX is expected to have a slightly unfavorable impact in 2024.
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Ownership Overview
4.86% Insiders
22.33% Mutual Funds
0.65% Other Institutional Investors
55.05% 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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SYK FAQ
What was Stryker Corporation’s price range in the past 12 months?
Stryker Corporation lowest stock price was $307.23 and its highest was $398.20 in the past 12 months.
What is Stryker Corporation’s market cap?
Stryker Corporation’s market cap is $145.54B.
When is Stryker Corporation’s upcoming earnings report date?
Stryker Corporation’s upcoming earnings report date is Jan 28, 2025 which is in 10 days.
How were Stryker Corporation’s earnings last quarter?
Stryker Corporation released its earnings results on Oct 29, 2024. The company reported $2.87 earnings per share for the quarter, beating the consensus estimate of $2.772 by $0.098.
Is Stryker Corporation overvalued?
According to Wall Street analysts Stryker Corporation’s price is currently Undervalued.
Does Stryker Corporation pay dividends?
Stryker Corporation pays a Quarterly dividend of $3.239 which represents an annual dividend yield of 0.88%. See more information on Stryker Corporation dividends here
What is Stryker Corporation’s EPS estimate?
Stryker Corporation’s EPS estimate is 3.87.
How many shares outstanding does Stryker Corporation have?
Stryker Corporation has 381,215,760 shares outstanding.
What happened to Stryker Corporation’s price movement after its last earnings report?
Stryker Corporation reported an EPS of $2.87 in its last earnings report, beating expectations of $2.772. Following the earnings report the stock price went up 1.231%.
Which hedge fund is a major shareholder of Stryker Corporation?
Among the largest hedge funds holding Stryker Corporation’s share is Fisher Asset Management LLC. It holds Stryker Corporation’s shares valued at 2B.
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Stryker Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$418.33 (9.57% Upside)
$418.33 (9.57% Upside)
Blogger Sentiment
Bullish
SYK Sentiment 92%
Sector Average 71%
Sector Average 71%
Hedge Fund Trend
Decreased
By 288.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $105.8M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.4%
Last 30 Days ▲ 6.0%
Last 30 Days ▲ 6.0%
News Sentiment
Neutral
Bullish news 59%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Positive
20 days / 200 days
Momentum
22.59%
12-Months-Change
Fundamentals
Return on Equity
17.82%
Trailing 12-Months
Asset Growth
15.22%
Trailing 12-Months
Company Description
Stryker Corporation
Michigan-based Stryker Corp. was founded in 1941. The company provides medical technology products and services. It operates its business through the following segments: Orthopaedics, MedSurg and Neurotechnology and Spine.
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SYK Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call highlighted strong financial performance, with significant organic sales growth, successful acquisition strategy, and robust EPS growth. Positive pricing impact and commitment to margin expansion further strengthened the outlook. However, challenges in the ischemic business, a slight decline in bone cement sales, and foreign currency headwinds were noted. Overall, the positive aspects significantly outweighed the challenges.Read More>---
SYK Net sales Breakdown
57.74% MedSurg and Neurotechnology
42.26% Orthopaedics and Spine
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SYK Stock 12 Month Forecast
Average Price Target
$418.33
▲(9.57% Upside)
Technical Analysis
Zimmer Biomet Holdings
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Intuitive Surgical
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Cooper Co
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Abbott Laboratories
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Best Analysts Covering SYK
1 Year
1 Year Success Rate
23/26 ratings generated profit
1 Year Average Return
+16.96%
reiterated a buy rating 3 months ago
Copying Matt Miksic's trades and holding each position for 1 Year would result in 88.46% of your transactions generating a profit, with an average return of +16.96% per trade.
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