ResMed Inc. (RMD)
- Previous Close
183.42 - Open
203.02 - Bid 217.76 x 800
- Ask 217.95 x 900
- Day's Range
201.92 - 218.38 - 52 Week Range
132.24 - 240.09 - Volume
4,035,969 - Avg. Volume
1,070,944 - Market Cap (intraday)
32.074B - Beta (5Y Monthly) 0.67
- PE Ratio (TTM)
36.10 - EPS (TTM)
6.04 - Earnings Date Apr 25, 2024
- Forward Dividend & Yield 1.92 (0.88%)
- Ex-Dividend Date May 8, 2024
- 1y Target Est
202.68
ResMed Inc. develops, manufactures, distributes, and markets medical devices and cloud-based software applications for the healthcare markets. It operates in two segments, Sleep and Respiratory Care, and Software as a Service. It offers various products and solutions for a range of respiratory disorders, including technologies to be applied in medical and consumer products, ventilation devices, diagnostic products, mask systems for use in the hospital and home, headgear and other accessories, dental devices, and cloud-based software informatics solutions to manage patient outcomes, as well as provides customer and business processes. The company also provides AirView, a cloud-based system that enables remote monitoring and changing of patients' device settings; myAir, a personalized therapy management application for patients with sleep apnea that provides support, education, and troubleshooting tools for increased patient engagement and improved compliance; U-Sleep, a compliance monitoring solution that enables home medical equipment (HME) to streamline their sleep programs; connectivity module and propeller solutions; and Propeller portal. It offers out-of-hospital software solution, such as Brightree business management software and service solutions to providers of HME, pharmacy, home infusion, orthotics, and prosthetics services; MatrixCare care management and related ancillary solutions to senior living, skilled nursing, life plan communities, home health, home care, and hospice organizations, as well as related accountable care organizations; HEALTHCAREfirst that offers electronic health record, software, billing and coding services, and analytics for home health and hospice agencies; and MEDIFOX DAN's software solutions. The company markets its products to sleep clinics, home healthcare dealers, and hospitals through a network of distributors and direct sales force. The company was founded in 1989 and is headquartered in San Diego, California.
www.resmed.comRecent News: RMD
Performance Overview: RMD
Trailing total returns as of 4/26/2024, which may include dividends or other distributions. Benchmark is .
YTD Return
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Statistics: RMD
Valuation Measures
Market Cap
32.07B
Enterprise Value
33.26B
Trailing P/E
36.10
Forward P/E
27.40
PEG Ratio (5yr expected)
2.06
Price/Sales (ttm)
7.14
Price/Book (mrq)
7.16
Enterprise Value/Revenue
7.38
Enterprise Value/EBITDA
23.26
Financial Highlights
Profitability and Income Statement
Profit Margin
20.91%
Return on Assets (ttm)
11.91%
Return on Equity (ttm)
22.39%
Revenue (ttm)
4.58B
Net Income Avi to Common (ttm)
958.38M
Diluted EPS (ttm)
6.04
Balance Sheet and Cash Flow
Total Cash (mrq)
237.91M
Total Debt/Equity (mrq)
25.21%
Levered Free Cash Flow (ttm)
934.32M
Research Analysis: RMD
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Research Reports: RMD
Analyst Report: ResMed Inc.
ResMed is one of the largest respiratory care device companies globally, primarily developing and supplying flow generators, masks and accessories for the treatment of sleep apnea. Increasing diagnosis of sleep apnea combined with ageing populations and increasing prevalence of obesity is resulting in a structurally growing market. The company earns roughly two thirds of its revenue in the Americas and the balance across other regions dominated by Europe, Japan and Australia. Recent developments and acquisitions have focused on digital health as ResMed is aiming to differentiate itself through the provision of clinical data for use by the patient, medical care advisor and payer in the out-of-hospital setting.
RatingPrice TargetRMD: Lowering target price to $193.00
RESMED INC has an Investment Rating of HOLD; a target price of $193.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Medium.
RatingPrice TargetRMD: Lowering target price to $194.00
RESMED INC has an Investment Rating of HOLD; a target price of $194.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Medium.
RatingPrice TargetRMD: Raising target price to $204.00
RESMED INC has an Investment Rating of HOLD; a target price of $204.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Medium.
RatingPrice Target