Stryker Stock Today

SYK
 Stock
  

USD 205.29  2.61  1.29%   

Market Performance
1 of 100
Odds Of Distress
Less than 1
Stryker Corp is trading at 205.29 as of the 28th of September 2022. This is a 1.29% increase since the beginning of the trading day. The stock's last reported lowest price was 202.11. Stryker Corp has a very small chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Stryker Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of October 2020 and ending today, the 28th of September 2022. Click here to learn more.
Stryker Corporation operates as a medical technology company. Stryker Corporation was founded in 1941 and is headquartered in Kalamazoo, Michigan. Stryker Corp operates under Medical Devices classification in the United States and is traded on New York Stock Exchange. The company has 377.24 M outstanding shares of which 5.14 M shares are at this time shorted by investors with about 3.55 days to cover. More on Stryker Corp

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Follow Valuation Odds of Bankruptcy
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Stryker Corp Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Stryker Corp's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Stryker Corp or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Stryker Corp is unlikely to experience financial distress in the next 2 years
Over 78.0% of the company shares are owned by institutional investors
Latest headline from simplywall.st: Institutional owners may consider drastic measures as Stryker Corporations recent US5.2b drop adds to long-term losses - Simply Wall St
ChairmanKevin Lobo
Thematic Ideas
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Average Analyst Recommendation
Analysts covering Stryker Corp report their recommendations after researching Stryker Corp's financial statements, talking to executives and customers, or listening in on Stryker Corp's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Stryker Corp. The Stryker consensus assessment is calculated by taking the average forecast from all of the analysts covering Stryker Corp.
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Stryker Corp's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong BuyUndervalued
Stryker Corp (SYK) is traded on New York Stock Exchange in USA and employs 46,000 people. The company currently falls under 'Large-Cap' category with total capitalization of 78.06 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Stryker Corp's market, we take the total number of its shares issued and multiply it by Stryker Corp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Stryker Corp runs under Healthcare sector within Medical Devices industry. The entity has 377.24 M outstanding shares of which 5.14 M shares are at this time shorted by investors with about 3.55 days to cover. Stryker Corp has about 1.13 B in cash with 2.66 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.98.
Check Stryker Corp Probability Of Bankruptcy
Ownership
Stryker Corp shows a total of three hundred seventy-seven million two hundred fourty thousand outstanding shares. The majority of Stryker Corp outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Stryker Corp to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Stryker Corp. Please pay attention to any change in the institutional holdings of Stryker Corp as this could imply that something significant has changed or about to change at the company. Please note that no matter how much assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

Check Stryker Ownership Details

Stryker Stock Price Odds Analysis

Coming from a normal probability distribution, the odds of Stryker Corp jumping above the current price in 90 days from now is about 67.36%. The Stryker Corp probability density function shows the probability of Stryker Corp stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.3073. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Stryker Corp will likely underperform. Additionally, the company has an alpha of 0.1536, implying that it can generate a 0.15 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 205.29HorizonTargetOdds Above 205.29
32.41%90 days
 205.29 
67.36%
Based on a normal probability distribution, the odds of Stryker Corp to move above the current price in 90 days from now is about 67.36 (This Stryker Corp probability density function shows the probability of Stryker Stock to fall within a particular range of prices over 90 days) .

Stryker Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Stryker Corp that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Stryker Corp's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Stryker Corp's value.
InstituionSecurity TypeTotal SharesValue
Vanguard Group IncCommon Shares29.4 M5.8 B
Blackrock IncCommon Shares23.4 M4.7 B
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Stryker Corp Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Stryker Corp market risk premium is the additional return an investor will receive from holding Stryker Corp long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Stryker Corp. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Stryker Corp's alpha and beta are two of the key measurements used to evaluate Stryker Corp's performance over the market, the standard measures of volatility play an important role as well.

Stryker Stock Against Markets

Picking the right benchmark for Stryker Corp stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Stryker Corp stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Stryker Corp is critical whether you are bullish or bearish towards Stryker Corp at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Stryker Corp without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Stryker Corp Corporate Directors

Stryker Corp corporate directors refer to members of a Stryker Corp board of directors. The board of directors generally takes responsibility for the Stryker Corp's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Stryker Corp's board members must vote for the resolution. The Stryker Corp board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Andrew Silvernail - Independent DirectorProfile
Sherilyn McCoy - Independent DirectorProfile
Ronda Stryker - Independent DirectorProfile
Allan Golston - Lead Independent DirectorProfile

Invested in Stryker Corp?

The danger of trading Stryker Corp is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Stryker Corp is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Stryker Corp. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Stryker Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additionally, take a look at World Market Map. You can also try Fundamental Analysis module to view fundamental data based on most recent published financial statements.

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Is Stryker Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Stryker Corp. If investors know Stryker will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Stryker Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Stryker Corp is measured differently than its book value, which is the value of Stryker that is recorded on the company's balance sheet. Investors also form their own opinion of Stryker Corp's value that differs from its market value or its book value, called intrinsic value, which is Stryker Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Stryker Corp's market value can be influenced by many factors that don't directly affect Stryker Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Stryker Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Stryker Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Stryker Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.