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SYK

HEALTHCARE

Stryker Corporation

AI Stock Analysis· Neutral
Jun 22 · 7:41 PM ET

Stryker Corporation (SYK) is currently trading at $304.69, reflecting a minor decline of 1.01% for the day. The stock has shown technical weakness, with the Relative Strength Index (RSI) at 47.7, indicating it is approaching neutral territory. The short-term Simple Moving Average (SMA20) stands at $305.86, slightly above the current price, suggesting potential resistance. The SMA50 at $312.31 and SMA200 at $350.26 highlight a downward trend, as the stock is significantly below its long-term average. The MACD reading of -1.19, with a signal line at -1.78 and a histogram of 0.59, further confirms bearish momentum, indicating that selling pressure may persist in the near term.

From a fundamental perspective, Stryker shows solid growth metrics, with a Year-over-Year revenue growth rate of 1115.7% and a quarter-over-quarter growth of 2.6%. The company reports an impressive gross margin of 6396.3% and an operating margin of 1946.6%, reflecting efficient cost management within its medical devices segment. The P/E ratio stands at 35.6, while the forward P/E ratio of 20.5 suggests that analysts expect earnings growth to accelerate. The current EPS of $8.65, coupled with a quarterly EPS growth of 14.2%, supports a positive outlook. Analyst sentiment is favorable, with a consensus rating of BUY, consisting of 7 strong buy, 14 buy, and 7 hold recommendations, and a target price of $386.80, which indicates significant upside potential from current levels.

Looking ahead, Stryker does not have an earnings report scheduled within the next 30 days, which limits immediate catalysts for price movement. However, investors should be aware of recent developments, including a recall and patent win, which could impact investor sentiment. The market's reaction to these events will be critical, as will the implications for revenue growth and margins moving forward. One key aspect to monitor is the company’s ability to maintain its impressive growth trajectory amid potential market slowdowns, particularly in the medical device sector.

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52-Week Range

$281.00$401.86

$310.33

Fundamentals

Market Cap$116.8B
P/E Ratio35.2
EPS$8.65
Dividend Yield1.12%
Dividend / Share$3.44
ROE15.2%
Profit Margin13.2%
Debt / Equity

Trading

Volume349K
Avg Volume (10D)
Shares Outstanding383.4M

SYK News

173 articles

Price Data

Open$308.78
Previous Close$304.69
Day High$311.68
Day Low$304.04
52 Week High$401.86
52 Week Low$281.00

About Stryker Corporation

Stryker Corporation is an American multinational medical technologies corporation based in Kalamazoo, Michigan. Stryker's products include implants used in joint replacement and trauma surgeries; surgical equipment and surgical navigation systems; endoscopic and communications systems; patient handling and emergency medical equipment; neurosurgical, neurovascular and spinal devices; as well as other medical device products used in a variety of medical specialties.

56.0K employees
Listed May 2, 1979
HEALTHCAREMEDICAL DEVICES

Company Details

Security TypeCommon Stock
ExchangeNYSE
CurrencyUSD
Round Lot
SICMEDICAL DEVICES
CIK
Composite FIGI
Share Class FIGI