Stryker Corp (NYSE: SYK) is -3.76% lower on its value in year-to-date trading and has touched a low of $314.93 and a high of $406.19 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SYK stock was last observed hovering at around $346.67 in the last trading session, with the day’s loss setting it -0.17%.
Currently trading at $346.50, the stock is -3.65% and -7.29% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.35 million and changing -0.05% at the moment leaves the stock -4.94% off its SMA200. SYK registered 2.62% gain for a year compared to 6-month gain of -3.48%. The firm has a 50-day simple moving average (SMA 50) of $373.7414 and a 200-day simple moving average (SMA200) of $364.5252.
The stock witnessed a -8.35% loss in the last 1 month and extending the period to 3 months gives it a -9.24%, and is -0.54% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.70% over the week and 3.69% over the month.
Stryker Corp (SYK) has around 53000 employees, a market worth around $132.26B and $22.59B in sales. Current P/E ratio is 44.63 and Fwd P/E is 23.29. Profit margin for the company is 13.25%. Distance from 52-week low is 10.02% and -14.70% from its 52-week high. The company has generated returns on investments over the last 12 months (9.01%).
The EPS is expected to grow by 10.28% this year.
Stryker Corp (SYK) Top Institutional Holders
2844.0 institutions hold shares in Stryker Corp (SYK), with institutional investors hold 84.37% of the company’s shares. The shares outstanding are 381.40M, and float is at 357.09M with Short Float at 1.60%. Institutions hold 79.83% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 32.06 million shares valued at $10.91 billion. The investor’s holdings represent 8.4283% of the SYK Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 26.8 million shares valued at $9.12 billion to account for 7.0348 of the shares outstanding. The other top investors are GREENLEAF TRUST which holds 18.55 million shares representing 4.8697% and valued at over $6.31 billion, while STATE STREET CORP holds 3.7445 of the shares totaling 14.27 million with a market value of $4.87 billion.
Stryker Corp (SYK) Insider Activity
The most recent transaction is an insider sale by Golston Allan C., the company’s Director. SEC filings show that Golston Allan C. sold 2,458 shares of the company’s common stock on Feb 18 ’25 at a price of $383.07 per share for a total of $0.94 million. Following the sale, the insider now owns 14895.0 shares.
Still, SEC filings show that on Jan 31 ’25, STRYKER RONDA E (Director) disposed off 201,392 shares at an average price of $392.24 for $78.99 million. The insider now directly holds 3,642,075 shares of Stryker Corp (SYK).
