What is Medtronic PLC?
Medtronic plc develops, manufactures, and sells device-based medical therapies to healthcare systems, physicians, clinicians, and patients in the United States, Ireland, and internationally.
The story behind the price, the case for and against, and what could go wrong. Open a part to read it.
Medtronic plc develops, manufactures, and sells device-based medical therapies to healthcare systems, physicians, clinicians, and patients in the United States, Ireland, and internationally. It operates through three segments: The Cardiovascular Portfolio, Neuroscience Portfolio, and Medical Surgical Portfolio. The company is listed on the NYSE in USA, operating in the Healthcare sector, with a market capitalisation of 113.18B, and a P/E ratio of 21.6x.
A short list of Medical Devices names that are close enough in size to make side-by-side comparison useful.
Openbook research
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Kevin Lobo hands Stryker to Spencer Stiles on 1 January 2027. The shares fell just 2.46% to $278.20 — and part of that was not the succession at all.
Medtronic's 13.7% organic quarter included about 670bp from a 53rd fiscal week. The underlying rate is near 7%, and that is still the story.