How to buy Stryker Corporation (SYK:NYSE) stocks in Canada

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Stryker Corporation (SYK) is a publicly traded medical devices business based in the US. It opened the day at $386.93 after a previous close of $388.68. During the day the price has varied from a low of $385.89 to a high of $392.31. The latest price was $388.68 (25 minute delay). Stryker Corporation is listed on the NYSE and employs 52,000 staff. All prices are listed in US dollars.

How to buy shares in Stryker Corporation

Open a brokerage account. Choose from our top broker picks or compare brokers in depth. Then, complete an application.
Fund your account. Add money to your account via bank transfer, debit card or credit card.
Search the platform by ticker symbol. SYK in this case.
Choose an order type. Place a market order or limit order with your preferred number of shares or dollar amount.
Submit the order. It's that simple.

The whole process can take as little as 15 minutes. You'll need a smartphone or computer, an internet connection, your passport or driving licence and a means of payment.

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Is it a good time to buy Stryker Corporation stock?

Review technicals and fundamentals to help you determine if now's a good time for you to invest.

Technical analysis

View Stryker Corporation's price performance, share price volatility, historical data and technicals.

Use our graph to track the performance of SYK stock over time.

Historical closes compared with the last close of $388.68

1 week (2024-11-12)	<svg class="luna-icon luna-icon--success"><use xlink:href="#arrow-up"></use></svg>8.05%
1 month (2024-10-19)	<svg class="luna-icon luna-icon--success"><use xlink:href="#arrow-up"></use></svg>7.91%
3 months (2024-08-19)	<svg class="luna-icon luna-icon--success"><use xlink:href="#arrow-up"></use></svg>17.45%
6 months (2024-05-19)	<svg class="luna-icon luna-icon--success"><use xlink:href="#arrow-up"></use></svg>16.34%
1 year (2023-11-19)	<svg class="luna-icon luna-icon--success"><use xlink:href="#arrow-up"></use></svg>51.47%
2 years (2022-11-19)	<svg class="luna-icon luna-icon--success"><use xlink:href="#arrow-up"></use></svg>76.65%
3 years (2021-11-19)	<svg class="luna-icon luna-icon--success"><use xlink:href="#arrow-up"></use></svg>47.08%
5 years (2019-11-19)	<svg class="luna-icon luna-icon--success"><use xlink:href="#arrow-up"></use></svg>94.08%

The gauge below shows real-time ratings that are based on 26 popular indicators such as moving averages, for specific time periods. It's not a recommendation but is simply technical analysis that can form part of your research.

Finder might not agree with the analysis and we take no responsibility. We also give no representations or warranty on the accuracy or completeness of the information provided on this page.

Is Stryker Corporation under- or over-valued?

Valuing a stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of overall performance. However, analysts commonly use some key metrics to help gauge value. Check out the Stryker Corporation P/E ratio, PEG ratio and EBITDA.

Stryker Corporation's current stock price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 40x. In other words, Stryker Corporation's stocks trade at around 40x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the United States stock markets on average as of November 09, 2023 (20.44). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Stryker Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.668. Higher PEG ratios such as this can be interpreted as meaning the shares offer worse value given the current rate of growth.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Stryker Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the stock prices of multiple high-growth companies.

Stryker Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is a whopping $5.5 billion ($1 CAD).

The EBITDA is a measure of Stryker Corporation's overall financial performance and is widely used to measure a its profitability.

Frequently asked questions

Stryker Corporation's shares were split on a 2:1 basis on 16 May 2004. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Stryker Corporation shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Stryker Corporation shares which in turn could have impacted Stryker Corporation's share price.
It's as easy to sell Stryker Corporation as it is to buy! Here's how to sell Stryker Corporation stocks that you already own.
1. Open your investment app. If you've got one with desktop access, you can log in online
2. Go to your portfolio. This should be in the main menu
3. Find your shares. You may be able to search your portfolio
4. Choose how many you'd like to sell. You'll be able to review the price and see how much you'll receive
5. Sell your Stryker Corporation shares. Your investment platform will let you know when your shares are sold

Stryker Corporation financials

Revenue TTM	$22 billion
Operating margin TTM	21.59%
Gross profit TTM	$11.6 billion
Return on assets TTM	7.11%
Return on equity TTM	18.87%
Profit margin	16.34%
Book value	$52.86
Market capitalisation	$146.1 billion

TTM: trailing 12 months

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