Stryker Corporation

Company Profile

Stryker Corporation had its IPO on 1988-02-01 under the ticker symbol SYK.

The company operates in the Healthcare sector and Medical Devices industry. Stryker Corporation has a staff strength of 51,000 employees.

Stock update

Shares of Stryker Corporation opened at $299.84 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $293.43 - $301.21, and closed at $294.77.

This is a -1.65% slip from the previous day's closing price.

A total volume of 1,072,030 shares were traded at the close of the day’s session.

In the last one week, shares of Stryker Corporation have increased by +3.63%.

Stryker Corporation's Key Ratios

Stryker Corporation has a market cap of $113.83 billion, indicating a price to book ratio of 5.8345 and a price to sales ratio of 5.3517.

In the last 12-months Stryker Corporation’s revenue was $19.46 billion with a gross profit of $11.65 billion and an EBITDA of $4.79 billion. The EBITDA ratio measures Stryker Corporation's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Stryker Corporation’s operating margin was 19.4% while its return on assets stood at 6.43% with a return of equity of 16.4%.

In Q2, Stryker Corporation’s quarterly earnings growth was a positive 12.2% while revenue growth was a positive 11.2%.

Stryker Corporation’s PE and PEG Ratio

Forward PE

25.5102

Trailing PE

42.2736

PEG

2.8533

Its diluted EPS in the last 12-months stands at $7.09 per share while it has a forward price to earnings multiple of 25.5102 and a PEG multiple of 2.8533. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Stryker Corporation’s profitability.

Stryker Corporation stock is trading at a EV to sales ratio of 5.9792 and a EV to EBITDA ratio of 27.8885. Its price to sales ratio in the trailing 12-months stood at 5.3517.

Stryker Corporation stock pays annual dividends of $2.945 per share, indicating a yield of 1.04% and a payout ratio of 30.61%.

Balance sheet and cash flow metrics

Total Assets

$37.41 billion

Total Liabilities

$6.58 billion

Operating Cash Flow

$-533000000.00

Capital Expenditure

$152 million

Dividend Payout Ratio

30.61%

Stryker Corporation ended 2024 with $37.41 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $37.41 billion while shareholder equity stood at $17.36 billion.

Stryker Corporation ended 2024 with $0 in deferred long-term liabilities, $6.58 billion in other current liabilities, 38000000.00 in common stock, $15.53 billion in retained earnings and $15.17 billion in goodwill. Its cash balance stood at $1.40 billion and cash and short-term investments were $1.48 billion. The company’s total short-term debt was $11,149,000,000 while long-term debt stood at $11.15 billion.

Stryker Corporation’s total current assets stands at $10.15 billion while long-term investments were $0 and short-term investments were $77.00 million. Its net receivables were $3.26 billion compared to accounts payable of $1.33 billion and inventory worth $4.59 billion.

In 2024, Stryker Corporation's operating cash flow was $-533000000.00 while its capital expenditure stood at $152 million.

Comparatively, Stryker Corporation paid $0.31 in dividends in 2024.

Other key metrics

Current Trading Price

$294.77

52-Week High

$306.93

52-Week Low

$198.4676

Analyst Target Price

$320.32

Stryker Corporation stock is currently trading at $294.77 per share. It touched a 52-week high of $306.93 and a 52-week low of $306.93. Analysts tracking the stock have a 12-month average target price of $320.32.

Its 50-day moving average was $287.22 and 200-day moving average was $274.03 The short ratio stood at 1.82 indicating a short percent outstanding of 0%.

Around 646.6% of the company’s stock are held by insiders while 8033% are held by institutions.