Analysis Stryker Corp (SYK)
5/24/2024
Analysis of Stryker Corp (SYK)
Stryker Corp (SYK) has been showing some fluctuations in its stock price recently. The Relative Strength Index (RSI) values have been hovering around 50, indicating a neutral sentiment in the market. The Moving Average Convergence Divergence (MACD) indicator has been negative, suggesting a bearish trend.On May 23, the stock closed at $330.12, slightly lower than the previous day. The MACD histogram turned positive, which could indicate a potential reversal in the short term. However, the stock is still trading below the Simple Moving Average (SMA), Exponential Moving Average (EMA), and Weighted Moving Average (WMA), indicating a bearish sentiment.
Investors should closely monitor the MACD indicator and moving averages for any potential trend changes in the coming days. It is advisable to wait for more confirmation signals before making any trading decisions on Stryker Corp.
Earnings
The company's results for the most recent quarter, ending on April 30, 2025, have not been provided at this time. The previous quarter's results, ending on February 27, 2025, were handled by the Transfer Agent. The quarter before that, ending on January 31, 2025, had results released after hours. The results for the quarter ending on October 31, 2024, were not provided at the time. However, for the quarter ending on August 1, 2024, the company reported an earnings per share (EPS) estimate of 1.33.Main Statystic ðŸ§
The data provided includes financials, stock statistics, valuation metrics, stock price summary, and dividends and splits for a specific company.In terms of financials, the company has strong cash flow with operating cash flow at $110.56 billion and levered free cash flow at $84.73 billion. The balance sheet shows a total cash of $67.15 billion, total debt of $104.59 billion, and a current ratio of 1.037. The profit margin is 26.31% and the company's fiscal year ends on September 30, 2023. The income statement reveals an EBITDA of $131.39 billion, revenue of $381.62 billion, and a diluted EPS of 6.44.
Moving on to stock statistics, the company has a short ratio of 1.66, with 94.31 million shares shorted out of 15.31 billion float shares. The average 10-day trading volume is 52.90 million shares, while the average 90-day trading volume is 62.82 million shares. The stock has a market capitalization of $2.91 trillion.
Valuation metrics show a PEG ratio of 26.21, forward PE of 26.21, and trailing PE of 29.43. The enterprise value is $2.95 trillion, with a price to book ratio of 39.18 and price to sales ratio of 7.62. The stock has an enterprise to EBITDA ratio of 22.75 and enterprise to revenue ratio of 7.73.
The stock price summary includes a beta of 1.26, 50-day moving average of $173.69, 200-day moving average of $180.79, and a 52-week range from $164.08 to $199.62.
Lastly, in terms of dividends and splits, the company has a payout ratio of 14.93% and a forward annual dividend rate of $1. The ex-dividend date is May 10, 2024, with a dividend date of May 16, 2024. The stock had a 4-for-1 split on August 31, 2020. The trailing annual dividend yield is 0.51% and the 5-year average dividend yield is 0.73%.
Income statement 💸
These are the revenue figures. Here are the conclusions:1. The company's sales revenue has been increasing steadily over the years, from $274.5 billion in 2020 to $383.3 billion in 2023.
2. Despite fluctuations in other financial metrics, the gross profit has generally followed the trend of increasing sales revenue.
3. The company has been able to maintain a healthy EBITDA margin, with EBITDA reaching $129.2 billion in 2023.
4. Net income has also shown an increasing trend, reaching $97 billion in 2023 from $57.4 billion in 2020.
5. Earnings per share (EPS) have been relatively stable over the years, with slight fluctuations but no significant downward trends.
6. The company has managed its operating expenses effectively, with operating income consistently growing over the years.
7. Despite variations in non-operating interests and other income/expenses, the company has been able to sustain its profitability and financial performance.
8. The number of shares outstanding has remained relatively stable, indicating no significant dilution of shares over the years.
9. Overall, the company's revenue growth, profitability, and financial management seem to be on a positive trajectory based on the revenue figures provided.
Balance Sheet
These are balance sheets. Here are the conclusions:1. The total assets have been increasing over the years, from $323.9 billion in 2018 to $352.8 billion in 2023.
2. Current assets have fluctuated but generally increased, with the highest value in 2023 at $143.6 billion.
3. Non-current assets have also shown an increasing trend, reaching $209 billion in 2023.
4. Total liabilities have been increasing steadily, from $248 billion in 2019 to $290.4 billion in 2023.
5. Shareholders' equity has shown an increasing trend, with the highest value in 2023 at $62.1 billion.
6. The company has been relying more on non-current assets to support its operations.
7. There has been a consistent increase in retained earnings over the years.
8. The company has been managing its short-term debt effectively, with fluctuations but no significant increase in the overall debt levels.
9. The company has been investing in machinery, furniture, and equipment, as seen in the increasing values of these assets over the years.
10. Overall, the financial position of the company seems to be stable and improving, with a focus on long-term growth and stability.
Cash Flow 💶
This is a cash flow statement. Here are some conclusions based on the data provided:1. The company's free cash flow has been fluctuating over the years, with the highest value in 2022 and the lowest in 2020.
2. Operating cash flow has generally been increasing, indicating improved operational efficiency.
3. The company has been consistently paying interest and income taxes, with varying amounts each year.
4. The end cash position has also been fluctuating, reaching its highest value in 2020.
5. Financing activities show significant variations, with changes in common dividends, stock repurchases, and debt issuances.
6. Investing activities have also seen fluctuations, especially in the sale and purchase of investments.
7. Overall, the company's financial performance seems to be dynamic, with changes in cash flow components impacting its cash position and financial activities.
Earnings estimate
Based on analysts' estimates for future quarterly and annual earnings per share:1. For the current quarter ending on June 30, 2024, the average estimated EPS is $1.33, compared to $1.26 a year ago. The range of estimates is between $1.27 and $1.36, based on 26 analysts' forecasts.
2. For the next quarter ending on September 30, 2024, the average estimated EPS is $1.53, compared to $1.46 a year ago. The range of estimates is between $1.44 and $1.63, based on 25 analysts' forecasts.
3. For the current fiscal year ending on September 30, 2024, the average estimated EPS is $6.59, compared to $6.13 a year ago. The range of estimates is between $6.43 and $6.92, based on 39 analysts' forecasts.
4. For the next fiscal year ending on September 30, 2025, the average estimated EPS is $7.23, compared to $6.59 a year ago. The range of estimates is between $6.40 and $7.90, based on 39 analysts' forecasts.
Overall, the analysts are generally forecasting an increase in earnings per share both for the upcoming quarters and the next fiscal years compared to the previous periods.
Revenue estimate
Based on the analysts' estimates for the future quarterly and annual sales of the company, we can draw the following conclusions:1. For the current quarter ending on June 30, 2024, the average sales estimate is $83,776,900,000, with a sales growth of 2% compared to the same quarter last year. The number of analysts providing estimates is 24.
2. For the next quarter ending on September 30, 2024, the average sales estimate is $92,375,300,000, with a sales growth of 3% compared to the same quarter last year. The number of analysts providing estimates is 24.
3. For the current fiscal year ending on September 30, 2024, the average sales estimate is $386,681,000,000, with a sales growth of 1% compared to the previous fiscal year. The number of analysts providing estimates is 37.
4. For the next fiscal year ending on September 30, 2025, the average sales estimate is $411,555,000,000, with a sales growth of 6% compared to the current fiscal year. The number of analysts providing estimates is 37.
These estimates indicate a generally positive outlook for the company, with expected growth in both quarterly and annual sales over the coming years.
Growth estimates
Based on the consensus estimates provided, we can draw the following conclusions regarding the growth rate of the company for different periods:1. Current Quarter: The estimated growth rate for the current quarter is 5.6%.
2. Next Quarter: The estimated growth rate for the next quarter is 4.8%.
3. Current Year: The estimated growth rate for the current year is 7.5%.
4. Next Year: The estimated growth rate for the next year is 9.7%.
5. Past 5 Years (per annum): The average growth rate for the past 5 years is 20.1%.
6. Next 5 Years (per annum): The estimated growth rate for the next 5 years is 11%.
These estimates suggest a positive growth trend for the company, with a slightly lower growth rate expected in the near term compared to the historical average. However, the company is still projected to experience double-digit growth over the next 5 years according to analyst consensus.
Price target
The analysts' forecast for the future price of the security is as follows:- Low: $164
- High: $250
- Median: $200
- Average: $202.26
- Current price: $191.57
- Currency: USD
Based on these forecasts, we can see that the analysts have a range of opinions on the future price of the security, with the lowest estimate at $164, the highest at $250, and the average at $202.26. The current price is $191.57, which falls below the average and median estimates. Investors should consider these forecasts along with other factors when making decisions about buying or selling the security.
MACD of SYK
This is not investment advice. Remember to verify the information provided here.
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