Medtronic (MDT) Stock Forecast for 2024. Mdt Prediction







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Medtronic plc. (MDT) Stock Forecast for 2024. Mdt Shares Prediction

Updated: April 18, 2024 (08:45)

Sector: Healthcare

The share price of Medtronic plc. (MDT) now

What analysts predict: $94.11
52-week High/Low: $89.04 / $67.71

50/200 Day Moving Average: $84.4 / $81.83

This figure corresponds to the Average Price over the previous 50/200 days. For Medtronic stocks, the 50-day moving average is the resistance level today.

For Medtronic stocks, the 200-day moving average is the resistance level today.

Are you interested in Medtronic plc. stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Medtronic stock price in 2024. How much will one Medtronic share be worth in 2024? Is it worth taking profit / loss on MDT stock now or waiting? What are analysts' forecasts for Medtronic stock?

We forecast Medtronic stock performance using neural networks based on historical data on MDT stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account. This corporation stock prediction results are shown below and presented as a graph, table and text information.

Medtronic plc. stock forecasts are adjusted once a day based on the closing price of the previous trading day.

The minimum target price for Medtronic analysts is $94.11. Today 200 Day Moving Average is the support level (81.83 $). 50 Day Moving Average is the support level (84.4 $).




Historical and forecast chart of Medtronic plc. stock

The chart below shows the historical price of Medtronic stock and a prediction chart for the next year. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the MDT stock price can be found in the table below.


Sell or Buy Medtronic (MDT) stocks? Analytic Experts Forecasting...

We present you the most up-to-date and complete review of analytical trend forecasts and views on the MDT stock market. Experts share their opinions on what to expect.

Medtronic (MDT) Forecast for 2024

Month Target Pes. Opt. Vol., %
May 80.82 76.05 83.16 8.55 %
Jun 87.20 80.23 93.92 14.58 %
Jul 82.84 78.21 86.16 9.23 %
Aug 76.22 71.42 79.49 10.16 %
Sep 69.05 66.70 73.61 9.38 %
Oct 65.95 62.58 68.52 8.66 %
Nov 66.47 62.68 68.07 7.91 %
Dec 66.54 63.54 69.80 8.96 %

Medtronic information and performance

Medtronic Address

20 ON HATCH, LOWER HATCH STREET, DUBLIN, IE

Market Capitalization: 105 229 738 000 $

Market capitalization of the Medtronic plc. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of MDT shares in the company outstanding by the market price of one share.

EBITDA: 8 677 000 000 $

EBITDA of Medtronic is earnings before interest, income tax and depreciation of assets.

PE Ratio: 25.16

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: 1.518

Price/earnings to growth

DPS: 2.75

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: 0.0348

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: 3.15

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: 0.078
Quarterly Revenue Growth YOY: 0.047
Trailing PE: 25.16

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: 14.66

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 3.814

Enterprise Value (EV) /Revenue

EV To EBITDA: 13.84

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 1327820000

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A

Medtronic price target for 2024 by month


Target values for the price of one Medtronic share for May 2024.

The weighted average target price per Medtronic share in May 2024 is: 80.82.
In May, the Positive dynamics for Medtronic plc. shares will prevail with possible monthly volatility of 8.552% volatility is expected.
Pessimistic target level: 76.05
Optimistic target level: 83.16

Target values for the price of one Medtronic share for Jun 2024.

The weighted average target price per Medtronic share in Jun 2024 is: 87.20.
In Jun, the Positive dynamics for Medtronic plc. shares will prevail with possible monthly volatility of 14.578% volatility is expected.
Pessimistic target level: 80.23
Optimistic target level: 93.92

Target values for the price of one Medtronic share for Jul 2024.

The weighted average target price per Medtronic share in Jul 2024 is: 82.84.
In Jul, the Negative dynamics for Medtronic plc. shares will prevail with possible monthly volatility of 9.231% volatility is expected.
Pessimistic target level: 78.21
Optimistic target level: 86.16

Target values for the price of one Medtronic share for Aug 2024.

The weighted average target price per Medtronic share in Aug 2024 is: 76.22.
In Aug, the Negative dynamics for Medtronic plc. shares will prevail with possible monthly volatility of 10.163% volatility is expected.
Pessimistic target level: 71.42
Optimistic target level: 79.49

Target values for the price of one Medtronic share for Sep 2024.

The weighted average target price per Medtronic share in Sep 2024 is: 69.05.
In Sep, the Negative dynamics for Medtronic plc. shares will prevail with possible monthly volatility of 9.381% volatility is expected.
Pessimistic target level: 66.70
Optimistic target level: 73.61

Target values for the price of one Medtronic share for Oct 2024.

The weighted average target price per Medtronic share in Oct 2024 is: 65.95.
In Oct, the Negative dynamics for Medtronic plc. shares will prevail with possible monthly volatility of 8.662% volatility is expected.
Pessimistic target level: 62.58
Optimistic target level: 68.52

Target values for the price of one Medtronic share for Nov 2024.

The weighted average target price per Medtronic share in Nov 2024 is: 66.47.
In Nov, the Positive dynamics for Medtronic plc. shares will prevail with possible monthly volatility of 7.910% volatility is expected.
Pessimistic target level: 62.68
Optimistic target level: 68.07

Target values for the price of one Medtronic share for Dec 2024.

The weighted average target price per Medtronic share in Dec 2024 is: 66.54.
In Dec, the Positive dynamics for Medtronic plc. shares will prevail with possible monthly volatility of 8.961% volatility is expected.
Pessimistic target level: 63.54
Optimistic target level: 69.80



Medtronic (MDT) stock dividend

Medtronic last paid dividends on 03/21/2024. The next scheduled payment will be on 04/12/2024. The amount of dividends is $2.75 per share. If the date of the next dividend payment has not been updated, it means that the issuer has not yet announced the exact payment. As soon as information becomes available, we will immediately update the data. Bookmark our portal to stay updated.

Last Split Factor:

Last Split Date: 01/01/1970

Splitting of shares is an increase in the number of securities of the issuing company circulating on the market due to a decrease in their value at constant capitalization.

For example, a 5: 1 ratio means that the value of one share will decrease 5 times, the total amount will increase 5 times. It is important to understand that this procedure does not change the capitalization of the company, as well as the total value of assets held in private hands.


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Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.