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Stock impact report

ResMed (RMD): Revisiting Valuation After Recent Share Price Pullback [Yahoo! Finance]

ResMed Inc. (RMD) 
Last resmed inc. earnings: 4/30 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
See our latest analysis for ResMed. That recent pullback, including a 7 day share price return of minus 2.21 percent and a 90 day share price return of minus 10.01 percent, looks more like cooling momentum than a broken story. This is particularly the case with the year to date share price still higher and multi year total shareholder returns remaining comfortably positive. If ResMed has you rethinking where healthcare growth could come from next, it might be worth scanning other quality names via our healthcare stocks With earnings still growing solidly and the share price trading below consensus targets, the key question now is whether ResMed is quietly undervalued or if the market has already priced in its next leg of growth. With ResMed last closing at $245.94 against a narrative fair value near $295, the valuation case leans supportive of the recent share price resilience. Ongoing innovation in product development including new releases of CPAP devices, mask interfaces Show less Read more
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