
NYSE:RMD
This summary was created by AI, based on 4 opinions in the last 12 months.
ResMed Inc., symbol RMD-N, has garnered attention from analysts for its robust operational performance and growth potential in the respiratory care market, particularly with its CPAP machines, where it holds a dominant position. The company has surpassed earnings expectations for four consecutive quarters, indicating strong financial health and operational efficiency, with a notable return on equity of 25.81%. Despite its current PE ratio of 31.2x being significantly lower than its peak of 74.5x in 2021, future projections suggest a decrease to 27.69x, which suggests some moderation in growth. ResMed's dividend yield stands at a mere 0.76%, positioning it primarily as a growth stock rather than an income stock. Experts advise maintaining discipline in trading, with strategic stop adjustments reflecting a cautiously optimistic outlook for the stock's performance moving forward.
(A Top Pick Feb 11/16. Up 24%. Up 24%.) Sleep apnea is such an unaware market. 26% of the population have it, and the penetration is less than 15%. Last year, there was a lot of built-up demand for the masks that they create, because the new line was being rolled out. They’ve rolled out the new masks, and there has been more demand than had been expected. The dividend is just under 2%. He is continuing to buy this.
(A Top Pick May 13/16. Up 30.65%.) The leader in sleep apnea, and primarily manufactures the masks. Recently sold his holdings.