Resmed is a medical company located in California, United States, which is part of the Healthcare sector, and is traded under the ticker RMD on the NYSE exchange.
Resmed stock last closed at $224.60, down 0.89% from the previous day, and has decreased 5.24% in one year. It has overperformed other stocks in the Medical Instruments & Supplies industry by 0.05 percentage points. Resmed stock is currently +18.59% from its 52-week low of $189.40, and -14.4% from its 52-week high of $262.38.
As of Feb 3, 2023, there are 146.91M shares of RMD outstanding. The market cap of RMD is $33.00B. In the last 24 hours, 536,680 RMD shares were traded.
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Once you have decided on the best place to buy Resmed stock, it's important to research their stock prior to investing, so you truly understand the risk and opportunity.
WallStreetZen was built to help part-time investors perform more accurate fundamental analysis in less time.
You can see all of the due diligence checks on RMD's stock page.
Analysts use many financial metrics, analyses, models, and charts to gauge RMD's true value.
Using relative valuations measures:
You can access additional valuation analysis on RMD's stock here.
Out of 7 Wall Street analysts who track RMD, the consensus analyst rating on Resmed is a Strong Buy
Please keep in mind that analyst ratings are not recommendations, nor are they investment advice.
David Low, a top 36% analyst from JP Morgan maintains RMD with a strong buy rating and raises their RMD price target from $245.00 to $260.00, on Jan 27, 2023.
Craig Wong-Pan, a top 31% analyst from RBC Capital maintains RMD with a hold rating and raises their RMD price target from $252.00 to $254.00, on Oct 28, 2022.
Matthew Mishan, a top 30% analyst from KeyBanc maintains RMD with a strong buy rating and raises their RMD price target from $276.00 to $280.00, on Oct 28, 2022.
Lyanne Harrison, a bottom 44% analyst from Bank of America upgrades RMD to a strong buy rating and raises their RMD price target from $245.00 to $260.00, on Oct 20, 2022.
Matthew Taylor, a top 17% analyst from Jefferies initiates coverage on RMD with a hold rating and announces their RMD price target of $245.00, on Oct 12, 2022.
You can dig deeper into what analysts are saying on the Resmed stock forecast page.
Last year, RMD earnings were $809.47M. During the last 5 year, RMD's earnings have gone up by 22.31% per year. This was faster than the Medical Instruments & Supplies industry average of 17.62%.
Last year, RMD revenue was $3.76B. In the last 5 year, RMD's revenue has grown by 11.38% per year. This was slower than the Medical Instruments & Supplies industry average of 15.61%.
Dig into RMD's earnings and revenue performance here.
Over the last year, insiders at RMD have sold more shares than they have bought.
Karen Drexler, Director of RMD, was the latest RMD insider to sell. They sold $134,588.52 worth of RMD stock on Feb 2, 2023.
Research more about who owns RMD stock here.
Resmed pays a dividend of 0.77%, compared to the Medical Instruments & Supplies industry's average dividend yield of 1%. If you owned $1,000 worth of RMD stock, you would have received $7.66 last year.
Resmed dividend payments have consistently grown over the past decade and have remained stable.
Dig into more analysis about Resmed dividend yield and history here.
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To summarize, here are the 6 steps to buy stock in Resmed:
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