Medtronic PLC's fundamentals are relatively healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 15 out of 205 in the Healthcare Equipment & Supplies industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 108.89.In the medium term, the stock price is expected to trend up.The company has been performing well in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.

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The current financial score of Medtronic PLC is 7.26, ranking 95 out of 205 in the Healthcare Equipment & Supplies industry. Its financial status is stable, and its operating efficiency is average. Its latest quarterly revenue reached 8.96B, representing a year-over-year increase of 6.64%, while its net profit experienced a year-over-year increase of 8.19%.
The current valuation score of Medtronic PLC is 8.45, ranking 19 out of 205 in the Healthcare Equipment & Supplies industry. Its current P/E ratio is 27.18, which is 19.28% below the recent high of 32.42 and 18.16% above the recent low of 22.25.

The current earnings forecast score of Medtronic PLC is 7.38, ranking 133 out of 205 in the Healthcare Equipment & Supplies industry. The average price target is 111.00, with a high of 125.00 and a low of 92.00.


Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Medtronic PLC is 9.13, ranking 15 out of 205 in the Healthcare Equipment & Supplies industry. Currently, the stock price is trading between the resistance level at 103.68 and the support level at 96.75, making it suitable for range-bound swing trading.

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The current institutional shareholding score of Medtronic PLC is 7.00, ranking 82 out of 205 in the Healthcare Equipment & Supplies industry. The latest institutional shareholding proportion is 88.21%, representing a quarter-over-quarter increase of 0.01%. The largest institutional shareholder is The Vanguard, holding a total of 130.95M shares, representing 10.21% of shares outstanding, with 5.27% increase in holdings.

The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Healthcare Equipment & Supplies domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Medtronic PLC is 9.76, ranking 2 out of 205 in the Healthcare Equipment & Supplies industry. The company's beta value is 0.72. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets.