Stryker Corp [SYK] stock is trading at $395.85, up 3.24%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The SYK shares have gain 9.66% over the last week, with a monthly amount glided 6.75%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Stryker Corp [NYSE: SYK] stock has seen the most recent analyst activity on December 02, 2024, when Morgan Stanley upgraded its rating to a Overweight and also boosted its price target to $445 from $370. Previously, Wolfe Research started tracking the stock with Outperform rating on September 10, 2024, and set its price target to $405. On May 30, 2024, Goldman initiated with a Neutral rating and assigned a price target of $372 on the stock. Needham upgraded its rating to a Buy but stick to its price target of $392 on May 22, 2024. Canaccord Genuity upgraded its rating to a Buy and raised its price target to $360 on January 31, 2024. ROTH MKM started tracking with a Buy rating for this stock on October 20, 2023, and assigned it a price target of $345. In a note dated September 05, 2023, BofA Securities upgraded an Buy rating on this stock and boosted its target price from $310 to $315.
Stryker Corp [SYK] stock has fluctuated between $307.23 and $398.20 over the past year. Currently, Wall Street analysts expect the stock to reach $413.17 within the next 12 months. Stryker Corp [NYSE: SYK] shares were valued at $395.85 at the most recent close of the market. An investor can expect a potential return of 4.38% based on the average SYK price forecast.
Analyzing the SYK fundamentals
Stryker Corp [NYSE:SYK] reported sales of 21.97B for the trailing twelve months, which represents a growth of 11.92%. Gross Profit Margin for this corporation currently stands at 0.62% with Operating Profit Margin at 0.2%, Pretax Profit Margin comes in at 0.19%, and Net Profit Margin reading is 0.16%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.18 and Total Capital is 0.12. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.77.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 390.43 points at the first support level, and at 385.01 for the second support level. However, for the 1st resistance point, the stock is sitting at 398.74, and for the 2nd resistance point, it is at 401.63.
Ratios To Look Out For
For context, Stryker Corp’s Current Ratio is 1.91. Also, the Quick Ratio is 1.22, while the Cash Ratio stands at 0.5. Considering the valuation of this stock, the price to sales ratio is 6.87, the price to book ratio is 7.49 and price to earnings (TTM) ratio is 42.44.
Transactions by insiders
Recent insider trading involved Stiles Spencer S, Group President, that happened on Nov 15 ’24 when 514.0 shares were sold. Officer, Stiles Spencer S completed a deal on Nov 15 ’24 to buy 514.0 shares. Meanwhile, Chair and CEO Lobo Kevin sold 57313.0 shares on Nov 07 ’24.
