News

Published on 20 Jan 2022 on Zacks via Yahoo Finance

Medtronic (MDT) Dips More Than Broader Markets: What You Should Know


Article preview image

In the latest trading session, Medtronic (MDT) closed at $106.11, marking a -1.53% move from the previous day. This change lagged the S&P 500's daily loss of 1.1%. Meanwhile, the Dow lost 0.89%, and the Nasdaq, a tech-heavy index, added 0.03%.

Heading into today, shares of the medical device company had gained 6.34% over the past month, outpacing the Medical sector's loss of 7.84% and the S&P 500's loss of 1.81% in that time.

Medtronic will be looking to display strength as it nears its next earnings release. The company is expected to report EPS of $1.38, up 6.98% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $7.96 billion, up 2.38% from the year-ago period.

NYSE.MDT price evolution

Want to become a better investor?

Start tracking your investments with Statfolio

Sign up for free
Related News
Boston Scientific Corp. stock rises Friday, still underperforms market

Shares of Boston Scientific Corp. rose 2.24% to $39.66 Friday, on what proved to be an all-around...

Market Watch 13 May 2022

Here's Why Investors Should Retain Medtronic (MDT) Stock

Medtronic plc MDT is gaining from continued recovery from pandemic-led impact. Strong growth mome...

Zacks via Yahoo Finance 13 May 2022

Medtronic PLC stock outperforms market on strong trading day

Shares of Medtronic PLC inched 0.34% higher to $100.65 Wednesday, on what proved to be an all-aro...

Market Watch 11 May 2022

Stryker Corp. stock falls Tuesday, underperforms market

Shares of Stryker Corp. dropped 0.65% to $227.51 Tuesday, on what proved to be an all-around mixe...

Market Watch 10 May 2022

Steris PLC stock underperforms Tuesday when compared to competitors despite daily gains

Shares of Steris PLC rallied 1.04% to $215.37 Tuesday, on what proved to be an all-around mixed t...

Market Watch 10 May 2022

West Pharmaceutical Services Inc. stock underperforms Friday when compared to competitors

Shares of West Pharmaceutical Services Inc. slid 2.68% to $306.34 Friday, on what proved to be an...

Market Watch 6 May 2022

Stryker Corp. stock outperforms market despite losses on the day

Shares of Stryker Corp. slid 0.53% to $240.08 Friday, on what proved to be an all-around rough tr...

Market Watch 6 May 2022

Edwards Lifesciences Corp. stock falls Friday, underperforms market

Shares of Edwards Lifesciences Corp. shed 2.75% to $100.52 Friday, on what proved to be an all-ar...

Market Watch 6 May 2022

Medtronic (MDT) Global Business Gains Ground, Volume Woes Stay

Medtronic plc MDT is gaining from the launch of globally-accepted advanced therapies. However, un...

Zacks via Yahoo Finance 6 May 2022

Medtronic (MDT) Global Business Gains Ground, Volume Woes Stay

Free Report) is gaining from the launch of globally-accepted advanced therapies. The stock curren...

Zacks 5 May 2022