<div id="readability-page-1"><p><span>Stryker (NYSE:SYK - Get Free Report)</span> was downgraded by analysts at Wall Street Zen from a &#34;buy&#34; rating to a &#34;hold&#34; rating in a research note issued on Friday.</p><ul><li>If You Could Only Hold 3 Investments for Life, Consider These</li></ul><p>Other equities research analysts also recently issued reports about the company. JMP Securities  restated a &#34;market perform&#34; rating on shares of Stryker in a report on Monday, May 5th. Truist Financial increased their price objective on Stryker from $390.00 to $400.00 and gave the stock a &#34;hold&#34; rating in a report on Monday, May 5th. Evercore ISI decreased their price objective on Stryker from $400.00 to $390.00 and set an &#34;outperform&#34; rating for the company in a report on Friday, May 2nd. Roth Mkm increased their price objective on Stryker from $405.00 to $456.00 and gave the stock a &#34;buy&#34; rating in a report on Friday, May 2nd. Finally, Citigroup  reiterated a &#34;buy&#34; rating and set a $455.00 price objective (up from $443.00) on shares of Stryker in a report on Thursday, May 22nd. Five equities research analysts have rated the stock with a hold rating and fifteen have issued  a buy rating to the stock. According to MarketBeat.com, Stryker  has an average rating of &#34;Moderate Buy&#34; and a consensus price target of $427.30.</p><p><b>Get Our Latest Stock Analysis on Stryker</b></p><h2>Stryker Trading Up 0.8%</h2><ul><li>3 Stocks Helping to Bring AI to Healthcare</li></ul><p>NYSE:SYK traded up $3.30 during mid-day trading on Friday, hitting $393.70. The company had a trading volume of 2,216,556 shares, compared to its average volume of 1,346,944. Stryker has a fifty-two week low of $314.93 and a fifty-two week high of $406.19. The business's fifty day moving average is $379.01 and its two-hundred day moving average is $375.45. The firm has a market cap of $150.27 billion, a P/E ratio of 53.20, a P/E/G ratio of 2.94 and a beta of 0.91. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.00 and a current ratio of 1.64. </p><p>Stryker (NYSE:SYK - Get Free Report) last announced its quarterly earnings results on Thursday, May 1st. The medical technology company reported $2.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.73 by $0.11. Stryker had a return on equity of 23.74% and a net margin of 12.31%. The company had revenue of $5.87 billion during the quarter, compared to the consensus estimate of $5.68 billion. During the same period in the prior year, the company earned $2.50 earnings per share. The company's revenue for the quarter was up 11.9% compared to the same quarter last year.  As a group, research analysts expect that  Stryker will post 13.47 earnings per share for the current year. </p><h2>Insider Activity</h2><ul><li>Stryker’s Acquisition Spree: Double-Digit Growth on the Horizon</li></ul><p>In other news, Director Ronda E. Stryker sold 200,000 shares of the firm's stock in a transaction that occurred on Tuesday, May 6th. The stock was sold at an average price of $376.96, for a total value of $75,392,000.00. Following the completion of the sale, the director now directly owns 3,417,326 shares of the company's stock, valued at $1,288,195,208.96. This trade represents a 5.53% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Insiders own  5.90% of the company's stock. </p><h2>Institutional Trading of Stryker</h2><p>A number of hedge funds have recently made changes to their positions in the business. Elefante Mark B acquired a new stake in  Stryker during the 4th quarter worth approximately $337,000.  Mogy Joel R Investment Counsel Inc. lifted its holdings in  Stryker by 3.4% during the 1st quarter. Mogy Joel R Investment Counsel Inc. now owns 98,216 shares of the medical technology company's stock worth $36,561,000 after purchasing an additional 3,218 shares during the last quarter.  Ferguson Wellman Capital Management Inc. lifted its holdings in  Stryker by 1.9% during the 1st quarter. Ferguson Wellman Capital Management Inc. now owns 174,871 shares of the medical technology company's stock worth $65,096,000 after purchasing an additional 3,341 shares during the last quarter.  Harbor Capital Advisors Inc. acquired a new stake in  Stryker during the 1st quarter worth approximately $1,840,000.  Finally, Metis Global Partners LLC lifted its holdings in  Stryker by 10.2% during the 4th quarter. Metis Global Partners LLC now owns 16,841 shares of the medical technology company's stock worth $6,064,000 after purchasing an additional 1,561 shares during the last quarter. 77.09% of the stock is owned by institutional investors and hedge funds. </p><h2>About Stryker</h2> (Get Free Report)<p>Stryker Corporation operates as a medical technology company. The company operates through two segments, MedSurg and Neurotechnology, and Orthopaedics and Spine. The Orthopaedics and Spine segment provides implants for use in total joint replacements, such as hip, knee and shoulder, and trauma and extremities surgeries.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Stryker</li><li>How to Invest in the FAANG Stocks</li><li>EA Just Caught a Monster Upgrade: Bullish Breakout Ahead?</li><li>Comparing and Trading High PE Ratio Stocks</li><li>3 Stocks Hitting All-Time Highs With More Room to Run</li><li>What is a penny stock? A comprehensive guide</li><li>QuantumScape Soars 30%: What Drove the Next-Gen EV Stock's Rally</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVNZSw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVNZSw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Stryker Right Now?</h2><p>Before you consider Stryker, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Stryker wasn't on the list.</p><p>While Stryker currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Wall Street Zen has downgraded Stryker (NYSE:SYK) from a "buy" to a "hold" rating. Other analysts have mixed views, with JMP Securities maintaining a "market perform" rating, while Truist Financial raised its price target to $400. Stryker's stock is currently trading at $393.70, with a market cap of $150.27 billion. The company reported earnings of $2.84 per share, exceeding estimates, and revenue of $5.87 billion, up 11.9% year-over-year. Insider Ronda E. Stryker sold 200,000 shares recently, reducing her ownership by 5.53%.</p>

Wall Street Zen Downgrades Stryker (NYSE:SYK) to Hold