Shares of Health Care sector company Medtronic moved -0.7% today, and are now trading at a price of $81.52. The large-cap stock's daily volume was 2,139,465 compared to its average volume of 7,021,858. The S&P 500 index returned a 0.0% performance.
Medtronic plc develops, manufactures, and sells device-based medical therapies to healthcare systems, physicians, clinicians, and patients worldwide. The company is based in Dublin and has 95,000 full time employees. Its market capitalization is $108,390,408,192. Medtronic currently offers its equity investors a dividend that yields 3.3% per year.
27 analysts are following Medtronic and have set target prices ranging from $68.0 to $104.0 per share. On average, they have given the company a rating of buy. At today's prices, MDT is trading -9.62% away from its average analyst target price of $90.19 per share.
Over the last year, MDT's share price has increased by 6.4%, which represents a difference of -16.6% when compared to the S&P 500. The stock's 52 week high is $92.02 per share whereas its 52 week low is $68.84. With average free cash flows of $5.16 Billion that have been growing at an average rate of 2.2% over the last 6 years, Medtronic is in a position to continue its strong stock performance trend.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) |
|---|---|---|---|
| 2023 | 6,039,000 | 1,459,000 | 4,580,000 |
| 2022 | 7,346,000 | 1,368,000 | 5,978,000 |
| 2021 | 6,240,000 | 1,355,000 | 4,885,000 |
| 2020 | 7,234,000 | 1,213,000 | 6,021,000 |
| 2019 | 7,007,000 | 1,134,000 | 5,873,000 |
| 2018 | 4,684,000 | 1,068,000 | 3,616,000 |
