RMD 1.05% $37.39 resmed inc

oversold, page-122

  1. 126 Posts.
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    not sure about great buying for the dividend alone? what? 1.7% yield? i think a few holders are missing the point on this one, you can't correlate the 3% miss on earnings with the 20% drop in sp and come up with the oversold argument if its valuation was too high for the earnings growth they reported. I bought RMD at about 14 and sold out immediately on this announcement, thankfully making some profit, i was lucky. A price earnings ratio of over 30 might be ok for a stock growing at 20-30% and for a stock with great track record and growing dividend you might pay a premium, but 11% growth? on a P/E over 30? That's a big premium for a growth stock with a fair bit of debt late in a bull market cycle. I think RMD are fair value now, however i'll be holding fire until mid year results show saas strategy is working to plan. Long term sure, good stock.
 
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Last
$37.39
Change
0.390(1.05%)
Mkt cap ! $22.38B
Open High Low Value Volume
$37.30 $37.39 $37.07 $9.449M 253.3K

Buyers (Bids)

No. Vol. Price($)
1 44 $37.32
 

Sellers (Offers)

Price($) Vol. No.
$37.39 2573 2
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Last trade - 16.10pm 08/11/2024 (20 minute delay) ?
RMD (ASX) Chart
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