The company's fundamentals are relatively very healthy. Its valuation is considered fairly valued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Buy. Despite an average stock market performance, the company shows strong fundamentals and technicals. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
The company's current financial score is 9.68, which is higher than the Healthcare Equipment & Supplies industry's average of 7.47. Its financial status is robust, and its operating efficiency is high. Its latest quarterly revenue reached 1.35B, representing a year-over-year increase of 10.20%, while its net profit experienced a year-over-year increase of 29.93%.
Key Metrics
The company’s current valuation score is 7.65, which is higher than the Healthcare Equipment & Supplies industry's average of 7.16. Its current P/E ratio is 27.78, which is 56.64% below the recent high of 43.52 and 21.46% above the recent low of 21.82.
The company’s current earnings forecast score is 7.44, which is lower than the Healthcare Equipment & Supplies industry's average of 7.72. The average price target for Resmed Inc is 299.00, with a high of 325.00 and a low of 215.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The company’s current price momentum score is 6.57, which is lower than the Healthcare Equipment & Supplies industry's average of 7.16. Sideways: Currently, the stock price is trading between the resistance level at 279.05 and the support level at 257.28, making it suitable for range-bound swing trading.
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The company’s current institutional recognition score is 5.00, which is lower than the Healthcare Equipment & Supplies industry's average of 6.37. The latest institutional shareholding proportion is 64.98%, representing a quarter-over-quarter decrease of 1.29%. The largest institutional shareholder is The Vanguard, holding a total of 18.68M shares, representing 12.80% of shares outstanding, with 3.77% increase in holdings.
The company’s current risk assessment score is 9.30, which is higher than the Healthcare Equipment & Supplies industry's average of 4.64. The company's beta value is 0.88. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets.
