ResMed Inc. (ASX: RMD)

Australia flag Australia · Delayed Price · Currency is AUD
32.43
-0.35 (-1.07%)
May 20, 2024, 4:10 PM AEST
-3.68%
Market Cap 47.64B
Revenue (ttm) 6.63B
Net Income (ttm) 1.43B
Shares Out 1.47B
EPS (ttm) 0.96
PE Ratio 33.43
Forward PE 23.87
Dividend 0.29 (0.89%)
Ex-Dividend Date May 8, 2024
Volume 991,182
Open 32.61
Previous Close 32.78
Day's Range 32.39 - 32.65
52-Week Range 21.14 - 34.27
Beta 0.64
Analysts n/a
Price Target 35.13 (+8.33%)
Earnings Date Aug 1, 2024

About ResMed

ResMed Inc. develops, manufactures, distributes, and markets medical devices and cloud-based software applications for the healthcare markets. It operates in two segments, Sleep and Respiratory Care, and Software as a Service. It offers various products and solutions for a range of respiratory disorders, including technologies to be applied in medical and consumer products, ventilation devices, diagnostic products, mask systems for use in the hospital and home, headgear and other accessories, dental devices, and cloud-based software informatics... [Read more]

Sector Healthcare
Founded 1989
Country United States
Stock Exchange Australian Securities Exchange
Ticker Symbol RMD
Full Company Profile

Financial Performance

In 2023, ResMed's revenue was $4.22 billion, an increase of 32.10% compared to the previous year's $3.20 billion. Earnings were $897.56 million, an increase of 89.16%.

Financial numbers in USD Financial Statements

News

ATS 2024: New ResMed-Supported Research Shows Increasing Prevalence of Obstructive Sleep Apnea and Critical Role of PAP Therapy

SAN DIEGO, May 16, 2024 (GLOBE NEWSWIRE) -- When:          May 17–22, 2024 Where:         San Diego Convention Center (SDCC) | 111 Harbor Dr. San Diego, CA 92101                       Marriott Marquis...

3 days ago - GlobeNewsWire

3 Hot Stocks to Buy That Still Look Undervalued

#Morningstar  #HotStocks #StockInvesting These top-performing stocks have beaten the market in 2024 yet appear to have more room to run. 00:00 Introduction 00:43 Moderna MRNA 01:27 Hasbro HAS 02:06 Re...

6 days ago - Morningstar

2024 AMVCA: Saga, Ebuka, RMD, other red carpet stand-out looks (PHOTOS)

On the red carpet of the 10th AMVCA, which came to a grand close on Saturday night, the guys came battle-ready and gave the ladies a good run with their exquisite tastes and designs. The post 2024 AMV...

7 days ago - Premium Times Nigeria

How Sage Capital is making money from other investors’ panic

Veteran hedge fund manager Sean Fenton has no qualms going against the crowd, buying ResMed after its collapse in 2023.

14 days ago - The Australian Financial Review

Decoding ResMed Inc (RMD): A Strategic SWOT Insight

Decoding ResMed Inc (RMD): A Strategic SWOT Insight

23 days ago - GuruFocus

S&P 500 Gains and Losses Today: Resmed Soars Amid Strong Demand for Sleep Devices

The S&P 500 jumped 1.0% on Friday, April 26, shaking off hot inflation data and receiving a boost from big tech earnings strength.

23 days ago - Investopedia

ResMed Inc's Meteoric Rise: Unpacking the 12% Surge in Just 3 Months

ResMed Inc's Meteoric Rise: Unpacking the 12% Surge in Just 3 Months

23 days ago - GuruFocus

Why ResMed Stock Is Soaring Today

Investors liked the healthcare technology company's latest quarterly update.

23 days ago - The Motley Fool

ResMed Soars To Eight-Month High As Quarterly Report Wipes Out Weight-Loss Woes

ResMed stock jumped Friday after crushing sales estimates and wiping out worries that weight-loss drugs would squeeze sleep apnea device sales.

24 days ago - Investor's Business Daily

ResMed Analysts Boost Their Forecasts After Better-Than-Expected Earnings

ResMed (NYSE: RMD) reported better-than-expected third-quarter financial results on Thursday. ResMed posted adjusted earnings of $2.13 per share, beating market expectations of $1.91 per share. The c...

24 days ago - Benzinga

ResMed Stock Soars After Strong Earnings. Wall Street Thinks It Can Do Even Better.

The medical devices company beat expectations for its fiscal third quarter.

24 days ago - Barrons

ResMed Inc. 2024 Q3 - Results - Earnings Call Presentation

The following slide deck was published by ResMed Inc.

24 days ago - Seeking Alpha

ResMed tops quarterly profit estimates on strong demand for sleep apnea devices

ResMed beat Wall Street estimates for quarterly profit on Wednesday due to strong demand for its sleep apnea devices, sending shares 9% higher in extended trading.

24 days ago - Reuters

ResMed Inc. Announces Results for the Third Quarter of Fiscal Year 2024

Note: A webcast of ResMed's conference call will be available at 4:30 p.m. ET today at  http://investor.resmed.com

24 days ago - GlobeNewsWire

ResMed Unusual Options Activity

Benzinga's options scanner just detected over 10 options trades for ResMed (NYSE: RMD) summing a total amount of $532,171. At the same time, our algo caught 3 for a total amount of 179,581. Predicted...

27 days ago - Benzinga

How The Weight-Loss Bonanza Prompted A ResMed Sell-Off — But Could Soon Drive Shares Higher

ResMed stock jumped Thursday after an analyst suggested the growing popularity of weight-loss drugs could drive use of its medical devices.

4 weeks ago - Investor's Business Daily

Why Eli Lilly Stock Beat the Market Today While ResMed and AdaptHealth Sank

The company published some very good news from the lab, although it wasn't so encouraging for smaller rivals.

4 weeks ago - The Motley Fool

ResMed Unusual Options Activity For April 17

Whales with a lot of money to spend have taken a noticeably bullish stance on ResMed . Looking at options history for ResMed (NYSE: RMD) we detected 10 trades. If we consider the specifics of each tr...

4 weeks ago - Benzinga

Eli Lilly Pops After Weight-Loss Drug Succeeds In Sleep Apnea Test; ResMed Dives

Eli Lilly stock popped Wednesday — and pushed ResMed stock lower — after its weight-loss drug reduced sleep apnea symptoms.

4 weeks ago - Investor's Business Daily

ASX stocks at risk from Ozempic – and ResMed isn’t one of them

Morgan Stanley brokers say the explosion of interest in the weight loss drugs will be far bigger than first thought. And these major companies could get hit.

4 weeks ago - The Australian Financial Review

Needham sees BSX, CNMD, RMD beating Street, despite medtech slow down

Needham estimates Q1 medtech sales grew less than expected, but that Boston Scientific, CONMED, ResMed and Surmodics should still be able to beat the Street. Read more here.

5 weeks ago - Seeking Alpha

ResMed to Report Third Quarter Fiscal 2024 Earnings on April 25, 2024

SAN DIEGO, April 04, 2024 (GLOBE NEWSWIRE) -- ResMed (NYSE: RMD, ASX: RMD) today announced it plans to release financial and operational results for the third quarter of fiscal year 2024 on Thursday, ...

6 weeks ago - GlobeNewsWire

316 pensioners on Wexfords housing list including two people over the age of 90

While the housing crisis is forcing many of Wexfords younger generation to emigrate in search of a better life, it is also impacting the countys older populace. At the March meeting of the Rosslare Mu...

7 weeks ago - Independent Ireland