How to buy ResMed (RMD) stocks in Canada
Learn how to easily invest in ResMed stocks.
ResMed is a medical instruments & supplies business based in the US. ResMed shares (RMD.US) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $144.59 – a decrease of 0.8% over the previous day. ResMed employs 10,140 staff and has a market cap (total outstanding shares value) of $21.4 billion.
How to buy shares in ResMed
- Choose a platform. If you're a beginner, our stock trading table below can help you choose.
- Open your account. Provide your personal information and sign up.
- Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
- Search the platform for stock code: RMD in this case.
- Research stocks. The platform should provide the latest information available.
- Buy your stocks. Place a market order or limit order with your preferred number of shares. It's that simple.
CIBC Investor's Edge
- Buy and sell stocks, bonds, options, GICs, ETFs, mutual funds and precious metals certificates.
- Active traders, young investors and students get discounted trades. No annual account fees for TFSAs and RESPs.
- Invest in non-registered and registered accounts like TFSAs, RRSPs, RESPs, LIRAs and more.
- If you already have a CIBC account, you can easily transfer funds to and from your Investor’s Edge account for free.
- Offers a rich array of research tools.
- Trade on 140+ exchanges in nearly 30 countries.
- Fund your account in 24 currencies.
- Offers access to stocks, ETFs, bonds, options, futures, forex, warrants and hedge funds.
- Trade on the margin, make purchases and earn interest with the Interactive Brokers Prepaid Mastercard. Offers low rates, flex payments and no late fees.
- Questrade charges lower trading fees than many big banks and private brokers.
- Trade stocks, IPOs, bonds, ETFs, mutual funds, commodities, GICs, options, CFDs, forex and precious metals.
- Deposit up to $10,000/day with your Canadian Visa or Interac Debit card, and start trading immediately.
- The Questrade Edge version of the platform has a highly customizable interface and offers advanced trading tools as well as a profit and loss calculator.
Is it a good time to buy ResMed stock?
Only you can make the decision on the time to leap. The gauge below shows real-time ratings that are based on 26 popular indicators such as moving averages, for specific time periods. It's not a recommendation but is simply technical analysis that can form part of your research.
Finder might not agree with the analysis and we take no responsibility. We also give no representations or warranty on the accuracy or completeness of the information provided on this page.
Buy ResMed stocks from these online trading platformsCompare special offers, low fees and a wide range of investment options among top trading platforms.
Note: The dollar amounts in the table below are in Canadian dollars.
Is ResMed under- or over-valued?
Valuing a stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of overall performance. However, analysts commonly use some key metrics to help gauge value. Check out the ResMed P/E ratio, PEG ratio and EBITDA
ResMed's current stock price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 24x. In other words, ResMed stocks trade at around 24x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the United States stock markets on average as of September 25, 2023 (21.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
ResMed's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.7408. A PEG ratio over 1 can be interpreted as meaning shares are overvalued at the current rate of growth, or may anticipate an acceleration in growth.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into ResMed's future profitability. By accounting for growth, it could also help you if you're comparing the stock prices of multiple high-growth companies.
ResMed's EBITDA (earnings before interest, taxes, depreciation and amortisation) is a whopping $1.3 billion ($1.8 billion CAD).
The EBITDA is a measure of a ResMed's overall financial performance and is widely used to measure a its profitability.
Frequently asked questions
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