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How to buy Medtronic shares in Ireland | $110.13

6 steps guide to buying and managing Medtronic share in just a few minutes.

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Medtronic plc is a medical devices business based in the US. Medtronic shares (MDT) are listed on the NYSE and all prices are listed in US Dollars. Medtronic employs 90,000 staff and has a trailing 12-month revenue of around USD$27.9 billion.

How to buy shares in Medtronicfrom Ireland

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Medtronic Find the stock by name or ticker symbol: MDT. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Medtronic reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$110.13, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Medtronic, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Medtronic. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

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How has coronavirus impacted Medtronic's share price?

Since the stock market crash in March caused by coronavirus, Medtronic's share price has had significant negative movement.

Its last market close was USD$110.13, which is 2.78% down on its pre-crash value of USD$113.28 and 52.68% up on the lowest point reached during the March crash when the shares fell as low as USD$72.13.

If you had bought USD$1,000 worth of Medtronic shares at the start of February 2020, those shares would have been worth USD$618.36 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$933.90.

Medtronic share price

Use our graph to track the performance of MDT stocks over time.

Medtronic shares at a glance

Information last updated 2020-11-26.
Latest market close USD$110.13
52-week range USD$70.8128 - USD$119.9171
50-day moving average USD$108.2661
200-day moving average USD$101.1854
Wall St. target price USD$124.71
PE ratio 34.9877
Dividend yield USD$2.32 (2.03%)
Earnings per share (TTM) USD$2.74

Is it a good time to buy Medtronic stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Medtronic price performance over time

Historical closes compared with the last close of $110.13

1 week (2020-11-23) -0.76%
1 month (2020-10-30) 9.51%
3 months (2020-09-01) 2.43%
6 months (2020-05-29) 11.72%
1 year (2019-11-29) -1.13%
2 years (2018-11-30) 12.92%
3 years (2017-11-30) 34.09%
5 years (2015-11-30) 46.18%

Is Medtronic under- or over-valued?

Valuing Medtronic stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Medtronic's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Medtronic's P/E ratio

Medtronic's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 35x. In other words, Medtronic shares trade at around 35x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Medtronic's PEG ratio

Medtronic's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 3.4684. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Medtronic's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Medtronic's EBITDA

Medtronic's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$6.6 billion.

The EBITDA is a measure of a Medtronic's overall financial performance and is widely used to measure a its profitability.

Medtronic financials

Revenue TTM USD$27.9 billion
Operating margin TTM 14.61%
Gross profit TTM USD$19.7 billion
Return on assets TTM 2.72%
Return on equity TTM 7.35%
Profit margin 13.3%
Book value $37.406
Market capitalisation USD$152.3 billion

TTM: trailing 12 months

Shorting Medtronic shares

There are currently 7.2 million Medtronic shares held short by investors – that's known as Medtronic's "short interest". This figure is 3.5% up from 7.0 million last month.

There are a few different ways that this level of interest in shorting Medtronic shares can be evaluated.

Medtronic's "short interest ratio" (SIR)

Medtronic's "short interest ratio" (SIR) is the quantity of Medtronic shares currently shorted divided by the average quantity of Medtronic shares traded daily (recently around 5.1 million). Medtronic's SIR currently stands at 1.43. In other words for every 100,000 Medtronic shares traded daily on the market, roughly 1430 shares are currently held short.

However Medtronic's short interest can also be evaluated against the total number of Medtronic shares, or, against the total number of tradable Medtronic shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Medtronic's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Medtronic shares in existence, roughly 10 shares are currently held short) or 0.0054% of the tradable shares (for every 100,000 tradable Medtronic shares, roughly 5 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Medtronic.

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