Medtronic (MDT) ended the recent trading session at $95.34, demonstrating a -1.24% change from the preceding day's closing price. This change lagged the S&P 500's 0.4% gain on the day. Elsewhere, the Dow saw a downswing of 0.04%, while the tech-heavy Nasdaq appreciated by 0.66%.
Prior to today's trading, shares of the medical device company had gained 2.49% outpaced the Medical sector's gain of 1.8% and the S&P 500's gain of 1.02%.
Investors will be eagerly watching for the performance of Medtronic in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on November 18, 2025. The company is predicted to post an EPS of $1.31, indicating a 3.97% growth compared to the equivalent quarter last year. Alongside, our most recent consensus estimate is anticipating revenue of $8.86 billion, indicating a 5.44% upward movement from the same quarter last year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $5.62 per share and revenue of $35.83 billion, which would represent changes of +2.37% and +6.82%, respectively, from the prior year.
Any recent changes to analyst estimates for Medtronic should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. As of now, Medtronic holds a Zacks Rank of #3 (Hold).
In terms of valuation, Medtronic is presently being traded at a Forward P/E ratio of 17.19. This denotes a discount relative to the industry average Forward P/E of 17.45.
Also, we should mention that MDT has a PEG ratio of 2.54. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. MDT's industry had an average PEG ratio of 2.25 as of yesterday's close.
The Medical - Products industry is part of the Medical sector. Currently, this industry holds a Zacks Industry Rank of 91, positioning it in the top 37% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
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Medtronic PLC (MDT): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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