EPS for ResMed Inc. (RMD) forecasted at $0.84

ResMed Inc. (NYSE:RMD) Corporate Logo
During 2018 Q4 the big money sentiment decreased to 1.14. That’s change of 0.22, from 2018Q3’s 1.36. 35 investors sold all, 134 reduced holdings as ResMed Inc. ratio fall. 140 grew stakes while 52 funds acquired stakes. Funds hold 99.22 million shares thus 11.38% more from 2018Q3’s 89.08 million shares.
Dowling And Yahnke Limited Liability Com has invested 0.03% in ResMed Inc. (NYSE:RMD). Toronto Dominion State Bank holds 0.02% or 85,120 shs in its capital. Comerica State Bank, Michigan-based fund reported 40,129 shs. Gotham Asset Ltd Co holds 61,512 shs. North Star Asset Mngmt Inc reported 0.19% of its capital in ResMed Inc. (NYSE:RMD). Creative Planning, a Kansas-based fund reported 2,035 shs. Wells Fargo Mn stated it has 0.01% in ResMed Inc. (NYSE:RMD). State Bank Of New York Mellon invested 0.05% of its capital in ResMed Inc. (NYSE:RMD). Provise Grp Inc Lc holds 0.1% or 5,468 shs in its capital. Coldstream Capital Mgmt reported 0.15% in ResMed Inc. (NYSE:RMD). Highbridge Ltd Limited Liability Company, a New York-based fund reported 8,000 shs. Pictet Asset Mgmt holds 0.02% of its capital in ResMed Inc. (NYSE:RMD) for 72,806 shs. California-based West Coast Lc has invested 1.56% in ResMed Inc. (NYSE:RMD). Acadian Asset Ltd Co invested in 8,531 shs. Fmr Ltd owns 7.64 million shs or 0.12% of their US capital.

ResMed Inc. registered $7.93 million net activity with 0 buys and 23 selling transactions since October 1, 2018. $499,361 worth of ResMed Inc. (NYSE:RMD) shs were sold by PENDARVIS DAVID. Hollingshead James had sold 600 shs worth $63,558. On Tuesday, January 15 Sandercock Brett had sold 2,000 shs worth $228,360. Douglas Robert Andrew sold 4,188 shs worth $478,186. Another trade for 1,800 shs valued at $200,808 was sold by McHale Richard.

ResMed Inc. (NYSE:RMD)’s earnings report is expected on April, 25., RTT reports. This year’s EPS analyst estimate is expected to be $0.84. That is 8.70 % down compareed to $0.92 EPS for last year. If reported the P/E will be 30.94 with $120.37M profit. After $1.00 EPS was reported previous quarter, analysts now see negative EPS growth of -16.00 % for ResMed Inc.. The stock increased 1.24% or $1.27 during the last trading session, touching $103.97.ResMed Inc. has volume of 985,398 shares. Since April 1, 2018 RMD has risen 8.45% and is uptrending. The stock outperformed the S&P 500 by 4.08%.

ResMed Inc. (NYSE:RMD) Ratings Coverage

Total analysts of 2 have positions in ResMed (NYSE:RMD) as follows: 1 rated it a “Buy”, 1 with “Sell” and 0 with “Hold”. The positive are 50%. Since October 26, 2018 according to StockzIntelligence Inc ResMed has 7 analyst reports. The stock rating was maintained by BMO Capital Markets with “Market Perform” on Friday, October 26. On Monday, December 10 BMO Capital Markets upgraded the shares of RMD in report to “Outperform” rating. The stock rating was downgraded by JP Morgan to “Underweight” on Friday, January 25.

ResMed Inc. develops, manufactures, distributes, and markets medical devices and cloud software applications that diagnose, treat, and manage respiratory disorders comprising sleep disordered breathing, chronic obstructive pulmonary disease, neuromuscular disease, and other chronic diseases.The firm is worth $14.90 billion. It offers various products and solutions for a range of respiratory disorders, including technologies to be applied in medical and consumer products, ventilation devices, diagnostic products, mask systems for use in the hospital and home, headgear and other accessories, dental devices, portable oxygen concentrators, and cloud software informatics solutions to manage patient outcomes, as well as provides customer and business processes.The P/E ratio is 33.33. The firm also provides humidifiers, carry bags, and breathing circuits; and data communications and control products, such as EasyCare, ResLink, ResControl, ResControl II, TxControl, ResScan, and ResTraxx modules that facilitate the transfer of data and other information to and from the flow generators.

A couple more ResMed Inc. (NYSE:RMD) news were posted by: Seekingalpha.com which released on March 20, 2019 “Needham sees 24% upside for KalVista in permarket analyst action – Seeking Alpha”, also Streetinsider.com on March 07, 2019 posted “ResMed (RMD) Acquires HB Healthcare – StreetInsider.com”, the next Seekingalpha.com is “Key events next week – healthcare – Seeking Alpha” on March 29, 2019. Seekingalpha.com has article titled “ResMed: Positioned For Growth – Seeking Alpha”.

ResMed Inc. (NYSE:RMD) Institutional Investors Chart

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