# ResMed Inc.  Share Price Target ‘$214.60’, now 4.3% Upside Potential

- Link: https://www.directorstalkinterviews.com/resmed-inc.share-price-target-214.60-now-4.3-upside-potential/4121162079
- Published: 2024-06-25T15:02:50+01:00
- Author: Charlotte Edwards

**ResMed Inc.** which can be found using ticker (RMD) now have 11 market analysts
covering the stock. The analyst consensus now points to a rating of ‘buy’. The range
between the high target price and low target price is between $238.00 and $180.00
with the average share target price sitting at $214.60. (at the time of writing).
Given that the stocks previous close was at $205.83 this would indicate that there
is a potential upside of 4.3%. The day 50 moving average is $206.62 and the 200 
moving average now moves to $176.78. The market cap for the company is 26.77B. The
stock price for the company is currently is currently $182.20 USD

 The potential market cap would be $27,906,921,421 based on the market consensus.

The company has a dividend yield of 2.05%. Other points of data to note are a P/
E ratio of 28.03, revenue per share of $31.18 and a 11.91% return on assets.

ResMed Inc. is a holding company. The Company, through its subsidiaries, is engaged
in the development, manufacturing, distribution and marketing of medical devices
and cloud-based software applications that diagnose, treat and manage respiratory
disorders, including sleep-disordered breathing, chronic obstructive pulmonary disease,
neuromuscular disease and other chronic diseases. It also offers software solutions
for a variety of out-of-hospital care providers. The Company has two segments: Sleep
and Respiratory Care and the Software-as-a-Service. Sleep apnea includes obstructive
sleep apnea and other respiratory disorders that occur during sleep. Its cloud-based
digital health applications, along with its devices, are designed to provide connected
care to improve patient outcomes. The Company’s portfolio of products includes ventilation
devices, diagnostic products, mask systems, headgear and other accessories, dental
devices and cloud-based software informatics solutions.

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