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SYK Stryker Corporation - Fundamental Analysis

NEUTRAL
SYK Stock | Fundamental Analysis & Investment Insights
NYSE Healthcare Medical Devices
Current Price
$362.22
Analyst Target
$428.96
+18.4% Upside
52W High
$406.19
52W Low
$329.16

At a glance

Key valuation, profitability, growth, and risk metrics.

Updated Nov 16, 2025
Market cap
$142.8B
P/E
47.6
ROE
14.0%
Profit margin
12.1%
Debt/Equity
0.79
Dividend yield
0.93%

AI Analysis

Powered by advanced machine learning algorithms

Confidence Score
72%
Analysis Accuracy
Stryker Corporation trades at a premium valuation with solid long-term fundamentals and industry-leading margins, but near-term earnings growth has decelerated and recent insider selling raises caution. While the company maintains strong profitability and a resilient balance sheet, its P/E of 47.6x and forward P/E of 26.77x reflect lofty expectations not fully supported by current 2.8% YoY earnings growth. Price performance has lagged over the past year (-4.6%) despite robust 3Y and 5Y returns, and while analysts maintain a 'buy' rating with a $428.96 target implying 18% upside, recent earnings misses and insider outflows temper conviction. Relative to peers like DHR and TMO, SYK shows stronger margin discipline but weaker growth momentum, positioning it as a quality stock priced for perfection in a sector facing mixed macro headwinds.

Key Strengths

Gross margin of 65.05% is best-in-class among medical device peers, reflecting pricing power and operational efficiency
Operating margin of 22.27% exceeds sector average and peer group, including DHR (margin not provided but implied lower) and TMO (implied ~15%)
Revenue growth of 10.2% YoY outpaces peer median and aligns with sector innovation tailwinds in robotics and surgical tech
Strong ROA of 7.50% and ROE of 14.04% indicate efficient asset utilization and solid returns despite conservative leverage
Analyst target price of $428.96 implies 18.4% upside, supported by 27 analysts maintaining a 'buy' consensus

Key Risks

Earnings growth of 2.8% YoY lags revenue growth, signaling margin compression or cost pressures despite high operating leverage
P/E of 47.60x is significantly above sector average (43.86x) and peers like DHR (45.42x), AMGN (26.02x), and TMO (33.45x), increasing vulnerability to multiple contraction
Recent insider selling totaling $260.79M over the past six months, including large director sales, suggests lack of confidence at current valuation
Q/Q EPS growth of only +1.9% and two earnings misses in the last four quarters (including a -25.8% surprise in Q1 2025) indicate execution volatility
Forward P/E of 26.77x requires sustained double-digit growth to justify; any slowdown could pressure shares given limited near-term catalysts
AI Fair Value Estimate
Based on comprehensive analysis
$385.0
+6.3% above current price

Performance Snowflake

Multi-dimensional analysis across 5 key categories

Overall
69
Strong
Value
58
Future
64
Past
70
Health
78
Dividend
76
AI Verdict
Stryker is a high-quality medical device leader with durable margins and innovation exposure, but its premium valuation and recent earnings inconsistency limit near-term upside despite a favorable sector backdrop; the stock appears fairly valued relative to growth trajectory and peer momentum, particularly as TMO and AMGN show stronger price strength and earnings delivery.
Key drivers: Premium valuation relative to earnings growth trajectory, Strong gross and operating margins versus sector, Recent insider selling and earnings misses creating headwinds
Confidence
75%
Value
58/100

SYK trades at a premium to the sector’s average P/E of 43.86x and higher than DHR (45.42x) and TMO (33.45x), despite slower earnings growth, indicating potential overvaluation unless growth rebounds.

Positives
  • Forward P/E of 26.77x is more reasonable than current P/E of 47.60x, suggesting market pricing in recovery
  • Price/Sales of 5.86x is in line with high-margin medtech peers
Watchpoints
  • Current P/E of 47.60x is unsustainably high without accelerating earnings growth
  • Lack of EV/EBITDA and PEG data limits full valuation context, increasing uncertainty
Future
64/100

While revenue momentum remains healthy and price trends show stabilization after a weak 6-month period (-7.7%), the disconnect between top-line growth and bottom-line delivery creates uncertainty about future inflection, especially as peers like TMO show stronger earnings consistency and price momentum (+40.7% 6M return).

Positives
  • 10.2% revenue growth signals continued demand for orthopedic and surgical robotics platforms
  • Analyst target of $428.96 reflects confidence in long-term innovation pipeline and market share gains
Watchpoints
  • Earnings growth of 2.8% YoY and weak Q/Q EPS trend (+1.9%) suggest profit growth is not keeping pace with sales
  • Recent negative earnings surprises (-7.34% avg last 4 quarters) undermine forward guidance credibility
Past
70/100

Stryker has delivered strong historical profitability and long-term shareholder returns, but recent earnings volatility and underperformance over the past year highlight growing execution challenges amid a competitive medtech landscape.

Positives
  • Consistent profitability with gross margin above 65% and operating margin near 22% over multiple cycles
  • Long-term price appreciation of +61.8% over 5 years demonstrates compounding power and investor confidence
Watchpoints
  • Earnings surprise trend has deteriorated, with two misses in the last four quarters including a significant -25.8% miss
  • 1-year return of -4.6% underperforms both sector and key peers like AMGN (+17.6%) and TMO (+8.9%)
Health
78/100

SYK’s leverage is conservative relative to peers like AMGN (Debt/Equity 5.67) and the sector average (1.15), supporting resilience, though the sub-1 quick ratio warrants monitoring, especially in a rising rate environment.

Positives
  • Debt/Equity of 0.79 is manageable and below sector average of 1.15, providing financial flexibility
  • Current ratio of 1.85 indicates solid short-term liquidity despite missing total cash and debt figures
Watchpoints
  • Quick ratio of 0.94 is below 1.0, suggesting potential strain in meeting short-term obligations without inventory liquidation
  • Missing total cash, debt, and free cash flow data limits full assessment of liquidity runway and capital allocation capacity
Dividend
76/100

Stryker’s dividend policy appears disciplined with a healthy payout ratio, but the modest yield offers limited downside protection in a high-valuation environment, especially when compared to income-oriented healthcare peers.

Positives
  • Dividend payout ratio of 44.15% is sustainable and leaves room for future increases
  • Yield of 0.93% may attract long-term investors despite being below sector average
Watchpoints
  • Dividend yield is relatively low compared to peers like PFE (over 5% historically), limiting income appeal
  • No 5-year yield average or growth history provided, obscuring dividend policy consistency

Stock Price & Analyst Targets

Real-time price movements and analyst price targets

Current Price
$362.22
Analyst Target
$428.96
Upside/Downside
+18.4%

Multi-Horizon Performance vs Peers

Price momentum across 5Y → 1W horizons for SYK and closest competitors.

Updated 2025-11-14
Company 5Y 3Y 1Y 6M 1M 1W
SYK
Stryker Corporation
Primary
+61.8% +68.1% -4.6% -7.7% -2.0% +1.7%
PFE
Pfizer Inc.
Peer
-9.7% -38.6% +3.3% +13.6% +4.6% +2.6%
BSX
Boston Scientific Corporation
Peer
+170.0% +142.1% +17.2% -3.2% +5.1% +2.7%
DHR
Danaher Corporation
Peer
+11.0% -6.3% -7.0% +13.2% +7.3% +5.4%
HCA
HCA Healthcare, Inc.
Peer
+225.1% +111.6% +37.9% +22.4% +12.5% -0.8%

Positive values indicate cumulative gains over the specified period. Comparables pulled from the same sector to highlight whether momentum is stock-specific or industry-wide.

Historical Performance Trends

Long-term financial metrics and growth patterns

Revenue & Net Income

Profit & Operating Margins

Return on Equity (ROE)

Quarterly Revenue Growth

Historical data shows last 12 quarters (3 years)

Valuation Metrics

Key valuation ratios and pricing indicators

P/E Ratio
47.6
Forward P/E
26.77
PEG Ratio
N/A
P/B Ratio
6.36
P/S Ratio
5.86
EV/Revenue
6.25
EV/EBITDA
23.11
Market Cap
$142.8B

Profitability

Profit margins and return metrics

Profit Margin 12.07%
Operating Margin 22.27%
Gross Margin 65.05%
ROE 14.04%
ROA 7.5%

Growth

Revenue and earnings growth rates

Revenue Growth +10.2%
Earnings Growth +2.8%
Q/Q Revenue Growth N/A
Q/Q Earnings Growth +3.0%

Financial Health

Balance sheet strength and liquidity metrics

Debt/Equity
0.79
Moderate
Current Ratio
1.85
Good
Quick Ratio
0.94
Poor
Cash/Share
$8.74

Quarterly Earnings History

EPS performance vs analyst estimates

2026-01-27
$N/A
2025-10-30
$3.19
+1.9% surprise
2025-07-31
$3.13
+1.9% surprise
2025-05-01
$1.69
-25.8% surprise

Healthcare Sector Comparison

Comparing SYK against 23 companies in the Healthcare sector (10 bullish, 13 neutral, 0 bearish)
P/E Ratio
47.6
This Stock
vs
37.07
Sector Avg
+28.4% (Expensive)
Return on Equity (ROE)
14.04%
This Stock
vs
37.85%
Sector Avg
-62.9% (Below Avg)
Profit Margin
12.07%
This Stock
vs
13.56%
Sector Avg
-11.0% (Weaker)
Debt to Equity
0.79
This Stock
vs
1.21
Sector Avg
-34.8% (Less Debt)
Revenue Growth
10.2%
This Stock
vs
11.02%
Sector Avg
-7.4% (Slower)
Current Ratio
1.85
This Stock
vs
1.95
Sector Avg
-5.0% (Weaker)

Similar Companies

Peer comparison within the same industry

Company AI Rating Market Cap P/E ROE Profit Margin Price
SYK
Stryker Corporation
NEUTRAL $142.8B 47.6 14.0% 12.1% $362.22
PFE
Pfizer Inc.
NEUTRAL $146.63B 14.57 10.6% 15.7% $25.06
BSX
Boston Scientific Corporation
BULLISH $155.63B 54.91 12.5% 14.4% $102.69
DHR
Danaher Corporation
NEUTRAL $156.25B 45.42 6.8% 14.4% $221.21
HCA
HCA Healthcare, Inc.
BULLISH $108.0B 18.28 -% 8.5% $472.65

Recent Insider Trading

Insider buy and sell transactions from the last 6 months

Date Insider Position Transaction Shares Value
2025-11-06 STRYKER RONDA E Director Sale 520,000 $184,606,141
2025-08-25 MENON VIJU S Officer Sale 500 $195,305
2025-08-20 FLETCHER ROBERT S Officer Sale 1,785 $701,630
2025-08-06 STRYKER RONDA E Director Sale 200,000 $75,289,655
2025-08-05 FINK MARY KATHRYN Officer Stock Award 917 -
2025-08-05 KING DEBRA Chief Technology Officer Stock Award 6,553 -
Insider transactions can signal confidence or concerns about company prospects

Wall Street Analysts

Professional analyst ratings and price targets

Consensus
BUY
27 analysts
Truist Securities
2025-11-14
Maintains
Hold Hold
Wells Fargo
2025-11-14
Maintains
Overweight Overweight
Needham
2025-11-14
reit
Buy Buy
BTIG
2025-11-14
reit
Buy Buy
Truist Securities
2025-11-03
reit
Hold Hold
Evercore ISI Group
2025-10-31
Maintains
Outperform Outperform
BTIG
2025-10-31
Maintains
Buy Buy
Barclays
2025-10-22
Maintains
Overweight Overweight
Truist Securities
2025-10-15
Maintains
Hold Hold
BTIG
2025-10-13
Maintains
Buy Buy