Resmed Inc's fundamentals are relatively very healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 8 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 292.76.In the medium term, the stock price is expected to remain stable.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 Resmed Inc is 9.68, ranking 2 out of 205 in the Healthcare Equipment & Supplies industry. Its financial status is robust, and its operating efficiency is high. Its latest quarterly revenue reached 1.34B, representing a year-over-year increase of 9.07%, while its net profit experienced a year-over-year increase of 11.94%.
The current valuation score of Resmed Inc is 7.65, ranking 70 out of 205 in the Healthcare Equipment & Supplies industry. Its current P/E ratio is 26.26, which is 62.99% below the recent high of 42.79 and 16.89% above the recent low of 21.82.

The current earnings forecast score of Resmed Inc is 7.33, ranking 134 out of 205 in the Healthcare Equipment & Supplies industry. The average price target is 300.00, with a high of 335.00 and a low of 225.00.


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 Resmed Inc is 8.84, ranking 33 out of 205 in the Healthcare Equipment & Supplies industry. Currently, the stock price is trading between the resistance level at 267.80 and the support level at 243.71, making it suitable for range-bound swing trading.

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The current institutional shareholding score of Resmed Inc is 5.00, ranking 114 out of 205 in the Healthcare Equipment & Supplies industry. The latest institutional shareholding proportion is 65.74%, representing a quarter-over-quarter increase of 0.16%. The largest institutional shareholder is The Vanguard, holding a total of 18.97M shares, representing 13.00% of shares outstanding, with 3.41% 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 Resmed Inc is 8.82, ranking 17 out of 205 in the Healthcare Equipment & Supplies industry. The company's beta value is 0.87. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets.