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ResMed Inc (RMD)

Upturn stock ratingUpturn stock rating
$245.49
Last Close (24-hour delay)
Profit since last BUY2.23%
upturn advisory
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Upturn Advisory Summary

05/22/2025: RMD (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

ratingratingratingratingrating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

19 Analysts rated it

These Stocks/ETFs, based on Upturn Advisory, frequently surpass the market, reflecting reliable and trustworthy advice.

Year Target Price $264.49

Year Target Price $264.49

Analyst’s Price TargetsFor last 52 week
$264.49Target price
Low$185.83
Current$245.49
high$261.89

Analysis of Past Performance

Type Stock
Historic Profit -50.3%
Avg. Invested days 26
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 05/22/2025

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 37.41B USD
Price to earnings Ratio 28.64
1Y Target Price 264.49
Price to earnings Ratio 28.64
1Y Target Price 264.49
Volume (30-day avg) -
Beta 0.77
52 Weeks Range 185.83 - 261.89
Updated Date 06/29/2025
52 Weeks Range 185.83 - 261.89
Updated Date 06/29/2025
Dividends yield (FY) 0.83%
Basic EPS (TTM) 8.91

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 26.15%
Operating Margin (TTM) 33%

Management Effectiveness

Return on Assets (TTM) 14.01%
Return on Equity (TTM) 25.81%

Valuation

Trailing PE 28.64
Forward PE 24.51
Enterprise Value 37320508128
Price to Sales(TTM) 7.45
Enterprise Value 37320508128
Price to Sales(TTM) 7.45
Enterprise Value to Revenue 7.43
Enterprise Value to EBITDA 21.27
Shares Outstanding 146627008
Shares Floating 145702180
Shares Outstanding 146627008
Shares Floating 145702180
Percent Insiders 0.66
Percent Institutions 65.48

Analyst Ratings

Rating 3.95
Target Price 264.49
Buy 4
Strong Buy 8
Buy 4
Strong Buy 8
Hold 6
Sell -
Strong Sell 1
Strong Sell 1

ai summary icon Upturn AI SWOT

ResMed Inc

stock logo

Company Overview

overview logo History and Background

ResMed Inc. was founded in 1989 and is headquartered in San Diego, California. It is a global leader in connected healthcare solutions with more than 9,000 employees worldwide. The company has evolved from a medical device manufacturer to a provider of digital health and cloud-connected solutions to improve the quality of life for people with sleep apnea, COPD, and other chronic respiratory conditions.

business area logo Core Business Areas

  • Sleep and Respiratory Care: Develops, manufactures, and distributes devices and related accessories for the treatment of sleep apnea, chronic obstructive pulmonary disease (COPD), and other respiratory disorders. This includes CPAP and BiPAP machines, masks, and ventilation devices.
  • Software as a Service (SaaS): Provides software solutions for sleep and respiratory care management, including remote patient monitoring, telehealth, and data analytics.

leadership logo Leadership and Structure

ResMed's CEO is Michael Farrell. The company has a board of directors overseeing strategic direction. The organizational structure is based on functional departments (e.g., R&D, sales, marketing, operations) with regional sales and marketing teams to manage global markets.

Top Products and Market Share

overview logo Key Offerings

  • AirSense 10/11 CPAP: A leading CPAP device for sleep apnea treatment. ResMed holds a significant market share in the CPAP market, estimated to be around 40-50%. Competitors include Philips Respironics, Fisher & Paykel Healthcare.
  • Market Share (%): 45
  • AirMini: A portable CPAP device for travel. ResMed's AirMini competes with other travel-sized CPAP machines. While specific market share data is limited, it's a significant product within the travel CPAP segment. Competitors include Philips Respironics, Transcend.
  • Market Share (%): 35
  • Astral Ventilator: A life support ventilator, for hospital and home use. Competitors include Philips, Drager.
  • Market Share (%): 20

Market Dynamics

industry overview logo Industry Overview

The sleep apnea and respiratory care market is growing due to increasing prevalence of these conditions, an aging population, and technological advancements in diagnostic and treatment options. The market is highly competitive, with several large players and smaller specialized companies.

Positioning

ResMed is a market leader in sleep apnea and respiratory care, known for its innovative products, strong brand reputation, and global presence. Its competitive advantages include a strong R&D pipeline, a broad product portfolio, and a robust distribution network.

Total Addressable Market (TAM)

The global sleep apnea devices market size was valued at USD 4.1 billion in 2022 and is projected to reach USD 6.8 billion by 2032, growing at a CAGR of 5.2% from 2023 to 2032. ResMed is well-positioned to capture a significant share of this growing market.

Upturn SWOT Analysis

Strengths

  • Strong brand reputation
  • Global distribution network
  • Innovative product portfolio
  • Robust R&D capabilities
  • Established market leadership

Weaknesses

  • Reliance on reimbursement policies
  • Exposure to regulatory changes
  • Potential for product recalls
  • Supply Chain Vulnerabilities

Opportunities

  • Expanding into emerging markets
  • Developing new digital health solutions
  • Acquiring complementary businesses
  • Increasing awareness of sleep apnea
  • Growing telehealth adoption

Threats

  • Intense competition
  • Pricing pressures
  • Product liability claims
  • Disruptive technologies
  • Economic downturns

Competitors and Market Share

competitor logo Key Competitors

  • Philips (PHG)
  • Fisher & Paykel Healthcare (FSPKF)
  • Invacare (IVC)

Competitive Landscape

ResMed has a competitive advantage through its technology. Philips' Respironics recall has impacted ResMed's market share positively. FSPKF is strong in certain geographies.

Major Acquisitions

Propeller Health

  • Year: 2019
  • Acquisition Price (USD millions): 225
  • Strategic Rationale: Propeller Health is a digital health company that offers connected solutions for respiratory diseases such as COPD and asthma. The acquisition expands ResMed's digital health portfolio and strengthens its ability to provide remote patient monitoring and telehealth services.

MatrixCare

  • Year: 2018
  • Acquisition Price (USD millions): 750
  • Strategic Rationale: MatrixCare, a provider of software solutions for senior living and care facilities, has been aquired to help ResMed gain traction in senior living and care facilities.

Growth Trajectory and Initiatives

Historical Growth: ResMed has demonstrated consistent revenue growth over the past several years, driven by increased demand for its products and services.

Future Projections: Analyst estimates vary, but generally project continued revenue growth for ResMed, driven by factors such as increasing prevalence of sleep apnea and COPD and expansion into new markets.

Recent Initiatives: Recent initiatives include strategic acquisitions, product launches, and partnerships to expand its digital health offerings.

Summary

ResMed is a strong company with a leading position in the sleep apnea and respiratory care market. The company benefits from a strong brand, innovative products, and a global distribution network. However, it faces competition and regulatory risks. Continued investment in digital health and expansion into emerging markets offer significant growth opportunities for ResMed.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company Website
  • Analyst Reports
  • Market Research Reports
  • SEC Filings

Disclaimers:

The information provided is for informational purposes only and should not be considered financial advice. Actual financial results may vary. Market data is as of the current date and is subject to change.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About ResMed Inc

Exchange NYSE
Headquaters San Diego, CA, United States
IPO Launch date 1995-06-02
CEO & Chairman Mr. Michael J. Farrell BE, MBA, SM
Sector Healthcare
Industry Medical Instruments & Supplies
Full time employees -
Full time employees -

ResMed Inc. develops, manufactures, distributes, and markets medical devices and cloud-based software applications for the healthcare markets. The company 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 ApneaLink Air, a portable diagnostic device that measures oximetry, respiratory effort, pulse, nasal flow, and snoring; and NightOwl, a portable, cloud-connected, and disposable diagnostic device that measures AHI based on derived peripheral arterial tone, actigraphy, and oximetry over several nights. The company also provides AirView, a cloud-based system that enables remote monitoring and changing of patients' device settings; myAir, a personalized therapy management application for patients with sleep apnea that provides support, education, and troubleshooting tools for increased patient engagement and improved compliance; U-Sleep, a compliance monitoring solution that enables home medical equipment (HME) to streamline their sleep programs; connectivity module and propeller solutions; and Propeller portal. It offers out-of-hospital software solution, such as Brightree business management software and service solutions to providers of HME, pharmacy, home infusion, orthotics, and prosthetics services; MatrixCare care management and related ancillary solutions to senior living, skilled nursing, life plan communities, home health, home care, and hospice organizations, as well as related accountable care organizations; HEALTHCAREfirst that offers electronic health record, software, billing and coding services, and analytics for home health and hospice agencies; and MEDIFOX DAN's software solutions. The company markets its products to sleep clinics, home healthcare dealers, and hospitals through a network of distributors and direct sales force. ResMed Inc. was founded in 1989 and is headquartered in San Diego, California.