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Stryker Corp Already 7% Down, Almost Two Hours Before The Market Open

(VIANEWS) – The NYSE opens in less than two hours and Stryker Corp‘s pre-market value is already 7.88% down.

Stryker Corp’s last close was $287.68, 1.3% above its 52-week high of $284.00.

The last session, NYSE finished with Stryker Corp (SYK) sliding 0.12% to $287.68. NYSE rose 0.07% to $15,379.13, following the last session’s upward trend on what was a somewhat positive trend exchanging session.

About Stryker Corp

Stryker Corporation operates as a medical technology company. The company operates through two segments, MedSurg and Neurotechnology, and Orthopaedics and Spine. The Orthopaedics and Spine segment provides implants for use in hip and knee joint replacements, and trauma and extremities surgeries. This segment also offers spinal implant products comprising cervical, thoracolumbar, and interbody systems that are used in spinal injury, deformity, and degenerative therapies. The MedSurg and Neurotechnology segment offers surgical equipment and surgical navigation systems, endoscopic and communications systems, patient handling, emergency medical equipment and intensive care disposable products, reprocessed and remanufactured medical devices, and other medical device products that are used in various medical specialties. This segment also provides neurotechnology products, which include products used for minimally invasive endovascular techniques; products for brain and open skull based surgical procedures; orthobiologic and biosurgery products, such as synthetic bone grafts and vertebral augmentation products; minimally invasive products for the treatment of acute ischemic and hemorrhagic stroke; and craniomaxillofacial implant products, including cranial, maxillofacial, and chest wall devices, as well as dural substitutes and sealants. The company sells its products to doctors, hospitals, and other healthcare facilities through company-owned subsidiaries and branches, as well as third-party dealers and distributors in approximately 75 countries. Stryker Corporation was founded in 1941 and is headquartered in Kalamazoo, Michigan.

Earnings Per Share

As for profitability, Stryker Corp has a trailing twelve months EPS of $6.16.

PE Ratio

Stryker Corp has a trailing twelve months price to earnings ratio of 46.7. Meaning, the purchaser of the share is investing $46.7 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 14.98%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 10.7%, now sitting on 18.45B for the twelve trailing months.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 1.5% and 4.9%, respectively.

Sales Growth

Stryker Corp’s sales growth is 6.6% for the ongoing quarter and 7.1% for the next.

More news about Stryker Corp (SYK).

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