Stryker Corp [SYK] stock is trading at $378.05, up 0.57%. 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 3.91% over the last week, with a monthly amount drifted -1.96%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Morgan Stanley upgraded its rating to Overweight on December 02, 2024, and elevated its price target to $445. On September 10, 2024, Wolfe Research initiated with a Outperform rating and assigned a price target of $405 on the stock. Goldman started tracking the stock assigning a Neutral rating and suggested a price target of $372 on May 30, 2024. Needham upgraded its rating to a Buy but $392 remained the price target by the analyst firm on May 22, 2024. Canaccord Genuity upgraded its rating to Buy for this stock on January 31, 2024, and upped its price target to $360. In a note dated October 20, 2023, ROTH MKM initiated an Buy rating and provided a target price of $345 on this stock.
Stryker Corp [SYK] stock has fluctuated between $314.93 and $406.19 over the past year. Currently, Wall Street analysts expect the stock to reach $418.88 within the next 12 months. Stryker Corp [NYSE: SYK] shares were valued at $378.05 at the most recent close of the market. An investor can expect a potential return of 10.8% based on the average SYK price forecast.
Analyzing the SYK fundamentals
Stryker Corp [NYSE:SYK] reported sales of 22.59B for the trailing twelve months, which represents a growth of 10.68%. Gross Profit Margin for this corporation currently stands at 0.63% with Operating Profit Margin at 0.17%, Pretax Profit Margin comes in at 0.15%, and Net Profit Margin reading is 0.13%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.15 and Total Capital is 0.11. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.66.
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 374.81 points at the first support level, and at 371.57 for the second support level. However, for the 1st resistance point, the stock is sitting at 381.09, and for the 2nd resistance point, it is at 384.13.
Ratios To Look Out For
For context, Stryker Corp’s Current Ratio is 1.95. Also, the Quick Ratio is 1.32, while the Cash Ratio stands at 0.48. Considering the valuation of this stock, the price to sales ratio is 6.38, the price to book ratio is 6.99 and price to earnings (TTM) ratio is 48.69.
Transactions by insiders
Recent insider trading involved Golston Allan C., Director, that happened on Feb 18 ’25 when 2458.0 shares were sold. Director, Allan Golston completed a deal on Feb 18 ’25 to buy 2458.0 shares. Meanwhile, Director STRYKER RONDA E sold 0.2 million shares on Jan 31 ’25.
