During the last session, Stryker Corp (NYSE:SYK)’s traded shares were 0.82 million, with the beta value of the company hitting 0.92. At the end of the trading day, the stock’s price was $389.46, reflecting an intraday loss of -1.35% or -$5.31. The 52-week high for the SYK share is $406.19, that puts it down -4.3 from that peak though still a striking 19.14% gain since the share price plummeted to a 52-week low of $314.93. The company’s market capitalization is $148.84B, and the average intraday trading volume over the past 10 days was 1.16 million shares, and the average trade volume was 1.30 million shares over the past three months.
Stryker Corp (SYK) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.76. SYK has a Sell rating from 0 analyst(s) out of 14 analysts who have looked at this stock. 2 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 12 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 3.07.
Stryker Corp (NYSE:SYK) trade information
Stryker Corp (SYK) registered a -1.35% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -1.35% in intraday trading to $389.46, hitting a weekly high. The stock’s 5-day price performance is -1.47%, and it has moved by 1.15% in 30 days. Based on these gigs, the overall price performance for the year is 8.17%. The short interest in Stryker Corp (NYSE:SYK) is 5.11 million shares and it means that shorts have 4.83 day(s) to cover.
The consensus price target of analysts on Wall Street is $436, which implies an increase of 10.67% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $403 and $450 respectively. As a result, SYK is trading at a discount of -15.54% off the target high and -3.48% off the low.
Stryker Corp (SYK) estimates and forecasts
In the rating firms’ projections, revenue will increase 9.52% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 5.92B as predicted by 24 analyst(s). Meanwhile, a consensus of 23 analyst(s) estimates revenue growth to 5.97B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 5.42B and 5.49B respectively. In this case, analysts expect current quarter sales to grow by 9.23% and then jump by 8.58% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 7.20%. While earnings are projected to return 9.57% in 2025, the next five years will return 10.89% per annum.
SYK Dividends
Stryker Corp is due to release its next quarterly earnings on 2025-May-01. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Stryker Corp is 3.32, with the dividend yield indicating at 0.85 percent, continuing the trend of increasing dividends in recent years. The average dividend yield of the company for the last 5 years is 1.01%.
Stryker Corp (NYSE:SYK)’s Major holders
Stryker Corp insiders own 5.37% of total outstanding shares while institutional holders control 81.04%, with the float percentage being 85.64%. VANGUARD GROUP INC is the largest shareholder of the company, while 2902.0 institutions own stock in it. As of 2024-06-30, the company held over 32.06 million shares (or 8.415% of all shares), a total value of $10.91 billion in shares.
The next largest institutional holding, with 26.8 million shares, is of BLACKROCK INC.’s that is approximately 7.0348% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $9.12 billion.
Also, the Mutual Funds coming in first place with the largest holdings of Stryker Corp (SYK) shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund . Data provided on Mar 31, 2025 indicates that VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund owns about 10.85 shares. This amounts to just over 2.84 percent of the company’s overall shares, with a $4.23 billion market value. The same data shows that the other fund manager holds slightly less at 9.54, or about 2.50% of the stock, which is worth about $3.72 billion.
