ABT
Price
$106.89
Change
-$0.00 (-0.00%)
Updated
Apr 25, 6:59 PM EST
83 days until earnings call
MDT
Price
$79.25
Change
-$1.13 (-1.41%)
Updated
Apr 25, 6:59 PM EST
27 days until earnings call
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Analysis and predictions ABT vs MDT

Header iconABT vs MDT Comparison
Open Charts ABT vs MDTBanner chart's image
Abbott Laboratories
Price$106.89
Change-$0.00 (-0.00%)
Volume$932.59K
CapitalizationN/A
Medtronic
Price$79.25
Change-$1.13 (-1.41%)
Volume$1.94M
CapitalizationN/A
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ABT vs MDT Comparison Chart

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ABTDaily Signal changed days agoGain/Loss if shorted
 
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MDTDaily Signal changed days agoGain/Loss if shorted
 
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VS
ABT vs. MDT commentary
Apr 26, 2024

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is ABT is a Hold and MDT is a StrongSell.

COMPARISON
Comparison
Apr 26, 2024
Stock price -- (ABT: $106.86 vs. MDT: $79.25)
Brand notoriety: ABT and MDT are both notable
Both companies represent the Medical Specialties industry
Current volume relative to the 65-day Moving Average: ABT: 53% vs. MDT: 90%
Market capitalization -- ABT: $194.5B vs. MDT: $115.55B
ABT [@Medical Specialties] is valued at $194.5B. MDT’s [@Medical Specialties] market capitalization is $115.55B. The market cap for tickers in the [@Medical Specialties] industry ranges from $3.82T to $0. The average market capitalization across the [@Medical Specialties] industry is $7.44B.

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

ABT’s FA Score shows that 1 FA rating(s) are green whileMDT’s FA Score has 1 green FA rating(s).

  • ABT’s FA Score: 1 green, 4 red.
  • MDT’s FA Score: 1 green, 4 red.
According to our system of comparison, ABT is a better buy in the long-term than MDT.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.

If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.

ABT’s TA Score shows that 4 TA indicator(s) are bullish while MDT’s TA Score has 5 bullish TA indicator(s).

  • ABT’s TA Score: 4 bullish, 5 bearish.
  • MDT’s TA Score: 5 bullish, 5 bearish.
According to our system of comparison, MDT is a better buy in the short-term than ABT.

Price Growth

ABT (@Medical Specialties) experienced а +1.51% price change this week, while MDT (@Medical Specialties) price change was +0.08% for the same time period.

The average weekly price growth across all stocks in the @Medical Specialties industry was +1.03%. For the same industry, the average monthly price growth was -4.67%, and the average quarterly price growth was +17.19%.

Reported Earning Dates

ABT is expected to report earnings on Jul 18, 2024.

MDT is expected to report earnings on May 23, 2024.

Industries' Descriptions

@Medical Specialties (+1.03% weekly)

Medical specialties are companies that make equipment used by the health care industry. Equipment manufactured and distributed by these companies include dialysis machines, blood analysis equipment, surgical equipment, dental instruments, and diagnostic tools, among other items. Large companies typically aim to produce and distribute high-quality products across a broad market spectrum. Smaller firms are more likely to specialize in a particular market segment. Due to the industry’s close association with medical treatments, they typically have low sensitivity to macroeconomic fluctuations. Within this industry, Abbott Laboratories, Medtronic Plc and Thermo Fisher Scientific Inc. are some of the companies with multi-billion market capitalizations in the U.S. stock markets.

SUMMARIES
A.I.dvisor published
a Summary for ABT with price predictions.
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A.I.dvisor published
a Summary for MDT with price predictions.
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FUNDAMENTALS
Fundamentals
ABT($194B) has a higher market cap than MDT($116B). ABT has higher P/E ratio than MDT: ABT (34.38) vs MDT (27.63). ABT YTD gains are higher at: -2.447 vs. MDT (-3.003). ABT has higher annual earnings (EBITDA): 10.5B vs. MDT (8.91B). MDT has more cash in the bank: 8.32B vs. ABT (7.28B). ABT has less debt than MDT: ABT (15.6B) vs MDT (25.2B). ABT has higher revenues than MDT: ABT (40.1B) vs MDT (32.3B).
ABTMDTABT / MDT
Capitalization194B116B167%
EBITDA10.5B8.91B118%
Gain YTD-2.447-3.00381%
P/E Ratio34.3827.63124%
Revenue40.1B32.3B124%
Total Cash7.28B8.32B87%
Total Debt15.6B25.2B62%
FUNDAMENTALS RATINGS
ABT vs MDT: Fundamental Ratings
ABT
MDT
OUTLOOK RATING
1..100
6564
VALUATION
overvalued / fair valued / undervalued
1..100
11
Undervalued
4
Undervalued
PROFIT vs RISK RATING
1..100
3993
SMR RATING
1..100
5878
PRICE GROWTH RATING
1..100
5658
P/E GROWTH RATING
1..100
5673
SEASONALITY SCORE
1..100
n/a50

Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.

MDT's Valuation (4) in the Medical Specialties industry is in the same range as ABT (11). This means that MDT’s stock grew similarly to ABT’s over the last 12 months.

ABT's Profit vs Risk Rating (39) in the Medical Specialties industry is somewhat better than the same rating for MDT (93). This means that ABT’s stock grew somewhat faster than MDT’s over the last 12 months.

ABT's SMR Rating (58) in the Medical Specialties industry is in the same range as MDT (78). This means that ABT’s stock grew similarly to MDT’s over the last 12 months.

ABT's Price Growth Rating (56) in the Medical Specialties industry is in the same range as MDT (58). This means that ABT’s stock grew similarly to MDT’s over the last 12 months.

ABT's P/E Growth Rating (56) in the Medical Specialties industry is in the same range as MDT (73). This means that ABT’s stock grew similarly to MDT’s over the last 12 months.

TECHNICAL ANALYSIS
Technical Analysis
ABTMDT
RSI
ODDS (%)
Bullish Trend 1 day ago
57%
Bullish Trend 1 day ago
68%
Stochastic
ODDS (%)
Bullish Trend 1 day ago
54%
Bullish Trend 1 day ago
48%
Momentum
ODDS (%)
Bearish Trend 1 day ago
47%
Bearish Trend 1 day ago
49%
MACD
ODDS (%)
Bearish Trend 1 day ago
51%
Bearish Trend 1 day ago
42%
TrendWeek
ODDS (%)
Bullish Trend 1 day ago
57%
Bullish Trend 1 day ago
53%
TrendMonth
ODDS (%)
Bearish Trend 1 day ago
52%
Bearish Trend 1 day ago
54%
Advances
ODDS (%)
Bullish Trend 30 days ago
57%
Bullish Trend 4 days ago
50%
Declines
ODDS (%)
Bearish Trend 1 day ago
53%
Bearish Trend 1 day ago
50%
BollingerBands
ODDS (%)
Bullish Trend 1 day ago
61%
Bullish Trend 1 day ago
54%
Aroon
ODDS (%)
Bearish Trend 1 day ago
59%
Bullish Trend 1 day ago
44%
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ABTDaily Signal changed days agoGain/Loss if shorted
 
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MDTDaily Signal changed days agoGain/Loss if shorted
 
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MDT and

Correlation & Price change

A.I.dvisor indicates that over the last year, MDT has been loosely correlated with ABT. These tickers have moved in lockstep 60% of the time. This A.I.-generated data suggests there is some statistical probability that if MDT jumps, then ABT could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To MDT
1D Price
Change %
MDT100%
-1.41%
ABT - MDT
60%
Loosely correlated
-0.03%
BAX - MDT
59%
Loosely correlated
-1.71%
TFX - MDT
58%
Loosely correlated
-2.11%
ZBH - MDT
54%
Loosely correlated
-1.17%
SNN - MDT
49%
Loosely correlated
-2.81%
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