Stryker Stock Today

SYK Stock  USD 357.87  0.84  0.23%   

Performance

19 of 100

 
Low
 
High
Solid

Odds Of Distress

Less than 9

 
100  
 
Zero
Low
Stryker is selling for 357.87 as of the 29th of March 2024. This is a -0.23 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 355.69. Stryker has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Stryker are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of January 2024 and ending today, the 29th of March 2024. Click here to learn more.
Business Domain
Health Care Equipment & Services
IPO Date
1st of February 1988
Category
Healthcare
Classification
Health Care
Stryker Corporation operates as a medical technology company. Stryker Corporation was founded in 1941 and is headquartered in Kalamazoo, Michigan. Stryker Corp operates under Medical Devices classification in the United States and is traded on New York Stock Exchange. The company has 380.26 M outstanding shares of which 3.8 M shares are at this time shorted by investors with about 3.27 days to cover. More on Stryker

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Stryker Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Stryker's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Stryker or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Stryker's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Stryker's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
ChairmanKevin Lobo
Thematic Ideas
(View all Themes)
Old NameStryker Corporation
Business ConcentrationHealth Care Equipment & Supplies, Health Care Equipment & Services, Health Care, NYSE Composite, Nasdaq CTA Artificial, SP 500 Index, ARCA Institutional, Healthcare, Obamacare Repeal, Health Care, Health Care Equipment & Supplies, Medical Devices, Healthcare (View all Sectors)
Excise Tax ActivitiesAnimal Testing
Average Analyst Recommendation
Analysts covering Stryker report their recommendations after researching Stryker's financial statements, talking to executives and customers, or listening in on Stryker's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Stryker. The Stryker consensus assessment is calculated by taking the average forecast from all of the analysts covering Stryker.
Stryker's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Stryker's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Stryker's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Stryker's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Stryker's financial leverage. It provides some insight into what part of Stryker's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Stryker's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Stryker deploys its capital and how much of that capital is borrowed.
Liquidity
Stryker cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 12.99 B in debt with debt to equity (D/E) ratio of 0.88, which is OK given its current industry classification. Stryker has a current ratio of 1.96, which is typical for the industry and considered as normal. Debt can assist Stryker until it has trouble settling it off, either with new capital or with free cash flow. So, Stryker's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Stryker sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Stryker to invest in growth at high rates of return. When we think about Stryker's use of debt, we should always consider it together with cash and equity.

Other Cashflows From Financing Activities

1.68 Billion
Stryker (SYK) is traded on New York Stock Exchange in USA. It is located in 1941 Stryker Way, Portage, MI, United States, 49002 and employs 52,000 people. Stryker is listed under Health Care Equipment & Supplies category by Fama And French industry classification. The company currently falls under 'Mega-Cap' category with a total capitalization of 136.4 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Stryker's market, we take the total number of its shares issued and multiply it by Stryker's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Stryker runs under Health Care Equipment & Supplies sector within Health Care industry. The entity has 380.26 M outstanding shares of which 3.8 M shares are at this time shorted by investors with about 3.27 days to cover. Stryker has about 1.84 B in cash with 3.71 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.98.
Check Stryker Probability Of Bankruptcy
Ownership Allocation
Stryker maintains a total of 380.26 Million outstanding shares. The majority of Stryker outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Stryker to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Stryker. Please pay attention to any change in the institutional holdings of Stryker as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Stryker Ownership Details

Stryker Stock Price Odds Analysis

Proceeding from a normal probability distribution, the odds of Stryker jumping above the current price in 90 days from now is about 13.39%. The Stryker probability density function shows the probability of Stryker stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Stryker has a beta of 0.335. This usually implies as returns on the market go up, Stryker average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Stryker will be expected to be much smaller as well. Additionally, stryker has an alpha of 0.2421, implying that it can generate a 0.24 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 357.87HorizonTargetOdds Above 357.87
86.50%90 days
 357.87 
13.39%
Based on a normal probability distribution, the odds of Stryker to move above the current price in 90 days from now is about 13.39 (This Stryker probability density function shows the probability of Stryker Stock to fall within a particular range of prices over 90 days) .

Stryker Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Stryker that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Stryker's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Stryker's value.
InstituionRecorded OnShares
Fundsmith Llp2023-12-31
5.5 M
Morgan Stanley - Brokerage Accounts2023-12-31
5.4 M
Goldman Sachs Group Inc2023-12-31
4.8 M
Franklin Resources Inc2023-12-31
4.7 M
Norges Bank2023-12-31
4.2 M
Fisher Asset Management, Llc2023-12-31
M
First Western Trust Bank2023-12-31
3.8 M
Northern Trust Corp2023-12-31
3.4 M
Legal & General Group Plc2023-12-31
2.9 M
Vanguard Group Inc2023-12-31
31.1 M
Blackrock Inc2023-12-31
24.9 M
View Stryker Diagnostics

Stryker Historical Income Statement

Stryker Income Statement is one of the three primary financial statements used for reporting Stryker's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Stryker revenue and expense. Stryker Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Stryker's Operating Income is quite stable compared to the past year. EBIT is expected to rise to about 4.1 B this year, although the value of Non Operating Income Net Other will most likely fall to (149.3 M). View More Fundamentals

Stryker Stock Against Markets

Picking the right benchmark for Stryker stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Stryker stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Stryker is critical whether you are bullish or bearish towards Stryker at a given time. Please also check how Stryker's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Stryker without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Stryker Corporate Directors

Stryker corporate directors refer to members of a Stryker board of directors. The board of directors generally takes responsibility for the Stryker's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Stryker's board members must vote for the resolution. The Stryker board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Andrew SilvernailIndependent DirectorProfile
Sherilyn McCoyIndependent DirectorProfile
Ronda StrykerIndependent DirectorProfile
Allan GolstonLead Independent DirectorProfile

How to buy Stryker Stock?

Before investing in Stryker, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Stryker. To buy Stryker stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Stryker. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Stryker stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Stryker stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Stryker stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Stryker, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Stryker Stock please use our How to Invest in Stryker guide.

Already Invested in Stryker?

The danger of trading Stryker is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Stryker is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Stryker. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Stryker is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Stryker is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Stryker Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Stryker Stock. Highlighted below are key reports to facilitate an investment decision about Stryker Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stryker. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
For more information on how to buy Stryker Stock please use our How to buy in Stryker Stock guide.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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When running Stryker's price analysis, check to measure Stryker's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Stryker is operating at the current time. Most of Stryker's value examination focuses on studying past and present price action to predict the probability of Stryker's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stryker's price. Additionally, you may evaluate how the addition of Stryker to your portfolios can decrease your overall portfolio volatility.
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Is Stryker's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Stryker. If investors know Stryker will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Stryker listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.027
Dividend Share
3.05
Earnings Share
8.25
Revenue Per Share
53.999
Quarterly Revenue Growth
0.118
The market value of Stryker is measured differently than its book value, which is the value of Stryker that is recorded on the company's balance sheet. Investors also form their own opinion of Stryker's value that differs from its market value or its book value, called intrinsic value, which is Stryker's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Stryker's market value can be influenced by many factors that don't directly affect Stryker's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Stryker's value and its price as these two are different measures arrived at by different means. Investors typically determine if Stryker is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Stryker's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.