• Medical - Devices
  • Healthcare
Stryker Corporation logo
Stryker Corporation
SYK · US · NYSE
330.22
USD
-3.06
(0.93%)
Company Overview

2825 AIRVIEW BLVD,KALAMAZOO MI 49002,2693892600

CEO

Mr. Kevin A. Lobo

Employess

52000

Sector

Healthcare

Industry

Medical - Devices

Website

https://www.stryker.com

Stryker Corporation operates as a medical technology company. The company operates through two segments, MedSurg and Neurotechnology, and Orthopaedics and Spine. The Orthopaedics and Spine segment provides implants for use in hip and knee joint replacements, and trauma and extremities surgeries. This segment also offers spinal implant products comprising cervical, thoracolumbar, and interbody systems that are used in spinal injury, deformity, and degenerative therapies. The MedSurg and Neurotechnology segment offers surgical equipment and surgical navigation systems, endoscopic and communications systems, patient handling, emergency medical equipment and intensive care disposable products, reprocessed and remanufactured medical devices, and other medical device products that are used in various medical specialties. This segment also provides neurotechnology products, which include products used for minimally invasive endovascular techniques; products for brain and open skull based surgical procedures; orthobiologic and biosurgery products, such as synthetic bone grafts and vertebral augmentation products; minimally invasive products for the treatment of acute ischemic and hemorrhagic stroke; and craniomaxillofacial implant products, including cranial, maxillofacial, and chest wall devices, as well as dural substitutes and sealants. The company sells its products to doctors, hospitals, and other healthcare facilities through company-owned subsidiaries and branches, as well as third-party dealers and distributors in approximately 75 countries. Stryker Corporation was founded in 1941 and is headquartered in Kalamazoo, Michigan.

Next Earnings Date

Oct. 31, 2024

Ex Dividends date

Jul. 31, 2024

Dividend Date

June 28, 2024

YTD Performance

11.47%

Fiscal Year End

12-31

IPO Date

1980-03-17

Growth Rates
(avg. rate of change) 10 years 5 years 3 years 1 year
Sales/Revenue 8.55% 8.55% 12.62% 11.11%
EPS 12.11% -2.57% 25.10% 33.87%
Equity 7.47% 9.65% 12.43% 11.90%
Cash 8.30% -3.85% 0.32% 61.12%
Return On Capital (ROIC) 9.55% 8.65% 9.09% 10.61%
Debt
year (millions) 2023 2022 2021 2020 2019
Short Term Debt 2,090 1,190 7 761 859
Long Term Debt 10,900 11,900 12,500 13,200 10,200
LT Finance Leases 356 357 310 325 301
Shares Outstanding 380 378 377 376 374
Market Cap 114,000 92,500 101,000 92,000 78,500
Price
Business Segments (Beta)
Geographical Segments (Beta)
News
Stryker Corporation (SYK) Q2 2024 Earnings Call Transcript
2 months

Stryker Corporation (NYSE:SYK ) Q2 2024 Earnings Conference Call July 30, 2024 4:30 PM ET Company Participants Kevin Lobo - Chair and Chief Executive Officer Jason Beach - Vice President, Finance and Investor Relations Glenn Boehnlein - Vice President, Chief Financial Officer Conference Call Participants Lawrence Biegelsen - Wells Fargo Securities Robert Marcus - JP Morgan Ryan Zimmerman - BTIG Joanne Wuensch - Citibank Travis Steed - Bank of America Matthew O'Brien - Piper Sandler Shagun Singh Chadha - RBC Matthew Miksic - Barclays Steve Lichtman - Oppenheimer Vijay Kumar - Evercore ISI Matthew Taylor - Jefferies Joshua Jennings - TD Cowen Danielle Antalffy - UBS Michael Matson - Needham Caitlin Cronin - Canaccord Jayson Bedford - Raymond James Andrew Ranieri - Morgan Stanley David Roman - Goldman Sachs Operator Welcome to the Second Quarter 2024 Stryker Earnings Call. My name is Luke, and I'm your operator for today's call.

seekingalpha.com
Stryker beats Q2 profit estimates on robust demand for medical devices, implants
2 months

Stryker Corp posted an upbeat second-quarter profit on Tuesday, as demand for its medical and surgical devices rose, driven by growth in non-urgent surgeries.

reuters.com
Stryker (SYK) Tops Q2 Earnings and Revenue Estimates
2 months

Stryker (SYK) came out with quarterly earnings of $2.81 per share, beating the Zacks Consensus Estimate of $2.79 per share. This compares to earnings of $2.54 per share a year ago.

zacks.com
Stryker's Spine Guidance 5 Software featuring Copilot receives 510(k) clearance from FDA
2 months

Q Guidance System with Spine Guidance 5 Software featuring Copilot is a first-to-market technology, pioneering new planning and surgical capabilities LEESBURG, Va. , July 30, 2024 /PRNewswire/ -- Stryker (NYSE:SYK), a global leader in medical technologies, today announced that its Q Guidance System with Spine Guidance 5 Software featuring Copilot received 510(k) clearance from the U.S. Food and Drug Administration.

prnewswire.com
3 AI-in-Healthcare Stocks to Buy for Outsized Returns
2 months

Across industries, companies will need to adopt AI for growth and survival. A PricewaterhouseCoopers indicates that by 2030, AI could contribute up to $15.7 trillion to the global economy.

investorplace.com
Seeking Clues to Stryker (SYK) Q2 Earnings? A Peek Into Wall Street Projections for Key Metrics
2 months

Evaluate the expected performance of Stryker (SYK) for the quarter ended June 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

zacks.com
7 American Robotics Stocks to Buy if You're Betting on Trump 2024
2 months

Robotics are set to revolutionize industries ranging from transportation to healthcare. And America will be a major growth market.

investorplace.com
Stryker (SYK) Completes Artelon's Acquisition to Boost Business
2 months

Stryker (SYK) announces the completion of the acquisition of Artelon, a privately held company, to strengthen its foothold in the soft tissue fixation market.

zacks.com
EYE or SYK: Which Is the Better Value Stock Right Now?
2 months

Investors interested in stocks from the Medical - Products sector have probably already heard of National Vision (EYE) and Stryker (SYK). But which of these two stocks is more attractive to value investors?

zacks.com
Stryker (SYK) Gains 11.6% YTD: What's Driving the Stock?
2 months

Styker's (SYK) flagship Mako Total Knee Platform and a diversified product portfolio raise optimism about the stock.

zacks.com
These 4 undervalued stocks could be hidden gems of H2 2024
3 months

U.S. stocks did amazingly well in the first half this year and the second half is unlikely to be any different, says Christopher Carey – portfolio manager at Carnegie Investment Counsel. Following are the top four undervalued stocks that he expects will be the hidden gems in the back half of 2024.

invezz.com
Stryker to announce financial results for its second quarter of fiscal year 2024
3 months

Portage, Michigan, July 01, 2024 (GLOBE NEWSWIRE) -- Stryker (NYSE:SYK) announced that it will report financial results for first quarter of fiscal year 2024 on Tuesday, July 30, 2024.  A press release will be issued at approximately 4:05pm ET and available at Stryker - Press Releases that day. The press release will include summary financial information for the company's second quarter of fiscal year 2024, that ended June 30, 2024.

globenewswire.com