Stryker Corporation (NYSE:SYK) Receives Average Rating of "Moderate Buy ...
π Stryker holds a consensus 'Moderate Buy' rating from 23 brokerages with an average 12-month price target of $392.52.
π Recent analyst actions include Goldman Sachs reissuing a neutral rating at $361 and Truist lowering its target to $330.
π¦ Institutional ownership is strong at 77.09%, with Vanguard, State Street, Geode, and Wellington increasing holdings in Q4.
π Norges Bank initiated a new position worth approximately $1.82 billion in the fourth quarter.
π° The company declared a quarterly dividend of $0.88 per share with an annualized yield of 1.1%.
π Q1 earnings missed estimates with $2.60 EPS versus a consensus of $2.98 and revenue of $6.02 billion below expectations.
π Revenue grew 2.6% year-over-year to $6.02 billion, maintaining a net margin of 13.20%.
π― Management provided FY 2026 EPS guidance between $14.90 and $15.10 against analyst predictions of $14.99.
π΅ The stock trades at a P/E ratio of 38.27 with a market capitalization of $126.77 billion.
π‘οΈ Financial health is supported by a debt-to-equity ratio of 0.62 and a current ratio of 2.11.
- Stryker maintains a 'Moderate Buy' consensus rating from 23 brokerages, indicating broad institutional support.
- Major institutional investors including Vanguard, State Street, Geode, and Wellington Management Group increased their stakes in the fourth quarter.
- Norges Bank acquired a new position valued at approximately $1.82 billion, signaling significant foreign capital interest.
- The company declared a quarterly dividend of $0.88 per share, providing an annualized yield of 1.1% to shareholders.
- Revenue grew 2.6% year-over-year to $6.02 billion, demonstrating continued top-line growth despite missing earnings estimates.
- Stryker maintains a healthy balance sheet with a debt-to-equity ratio of 0.62 and a current ratio of 2.11.
- Q1 earnings per share of $2.60 missed the consensus estimate of $2.98 by $0.38.
- Revenue of $6.02 billion fell short of analyst expectations of $6.34 billion.
- Goldman Sachs reissued a 'neutral' rating with a price target of $361, reflecting cautious sentiment.
- Truist Financial lowered its price objective from $380 to $330 in a recent report.
- Weiss Ratings cut the stock's rating from 'hold (c+)' to 'hold (c)', indicating a slight downgrade in credit quality.