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NYSE:RMD
This summary was created by AI, based on 5 opinions in the last 12 months.
ResMed Inc. (RMD-N) continues to attract positive attention from experts, with multiple reviews highlighting its strong performance and growth potential. The company, known for its CPAP machines, remains an industry leader and benefits from a less competitive environment, allowing it to retain customer loyalty. Analysts note impressive earnings growth, with ResMed beating expectations for four consecutive quarters and a significant increase in EPS by over 37% year-over-year. Despite a valuation that appears lower than its peaks in the past, with a current PE of 31.2, projections suggest a future PE of 27.69. The company's solid financial metrics, including a high return on equity of 25.81%, and its strategy involving dividends, buybacks, and reinvestment in growth, further bolster its appeal as a long-term hold for investors.
RMD has been showing positive momentum recently, it is nearing in on its all-time highs, and forward margin expansion is expected to be quite positive. Analyst estimates are trending higher, its margins have been growing, and it generats strong free cash flow, which is partly used for dividends, buybacks, and growing the balance sheet. It is trading at a reasonable valuation of 25X forward earnings, and it has structural tailwinds. We would be comfortable buying the name here today for a long-term hold.
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ResMed Inc. is a American stock, trading under the symbol RMD (previously RMD-N on Stockchase) on the New York Stock Exchange (RMD). It is usually referred to as NYSE:RMD or RMD
In the last year, 5 stock analysts issued a Buy, Sell, or Hold rating on RMD (previously RMD-N on Stockchase). 5 analysts recommended to BUY and 0 analysts recommended to SELL the stock. The latest stock analyst rating is TOP PICK. Read the latest stock experts' ratings for ResMed Inc..
ResMed Inc. was recommended as a Top Pick by Mike S. Newton, CIM FCSI on 2018-09-25. Read the latest stock experts ratings for ResMed Inc..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for ResMed Inc..
ResMed Inc. is followed by 30 investors on Stockchase and is a trending stock that is worth watching.
On 2026-06-17, ResMed Inc. (RMD) stock closed at a price of $186.29.
Our PAST TOP PICK with RMD has triggered its stop at $244. To remain disciplined, we recommend covering the position at this time.