| Profitability | 33/100 |
| Growth | 18/100 |
| Momentum | 53/100 |
| Quality | 68/100 |
| Earnings Quality | 80/100 |
| Balance Sheet | 42/100 |
| Value | 43/100 |
| Risk (safety) | 50/100 |
| Overall | 42.6/100 |
| Symbol | IS Score |
|---|---|
| RMD | 82 |
| MDLN | 43 |
| WST | 72 |
| ISRG | 80 |
| HOLX | 56 |
| SOLV | 37 |
| BDX | 43 |
These two disagree — business quality 43, price structure 80 out of 100, so the price reads better than the business does. We publish the disagreement rather than resolving it: they answer different questions, and the gap between them is information, not an error.
| Trigger | Where it stands now | What it would mean |
|---|---|---|
| IS Score reaches 55 and holds two consecutive quarters | now 42.6 | would move us up one band |
| IS Score stops falling - one quarter higher than the prior | last four: 51 → 51 → 44 → 43 | the direction matters more than the level |
| Technical vote share back above 50% | now 100% | price structure no longer broken |
This page is InsiderStreet's own reading, produced from the data in the rest of this document. It is not a price target and not investment advice. Analyst consensus and street price targets appear later under their own heading and are the street's numbers, not ours.
| Insider | Role | Date | Type | Shares | Value | Post-Txn Owned |
|---|---|---|---|---|---|---|
| Feld Michael | EVP, Chief Revenue Officer | 2026-09-28 | SELL | 76 | $0.01M | 19,644 |
| Roque Vitor | EVP & Chief Financial Officer | 2026-09-02 | TAX W/H | 190 | — | 8,041 |
| Feld Michael | EVP, Chief Revenue Officer | 2026-08-26 | SELL | 165 | $0.03M | 19,720 |
| Feld Michael | EVP, Chief Revenue Officer | 2026-08-20 | TAX W/H | 1,049 | — | 19,885 |
| Polen Thomas E Jr | director, Chairman, CEO and President | 2026-08-13 | EXERCISE | 43,278 | $7.24M | 153,441 |
| Polen Thomas E Jr | director, Chairman, CEO and President | 2026-08-13 | D-Return | 39,126 | $7.24M | 114,315 |
| Polen Thomas E Jr | director, Chairman, CEO and President | 2026-08-13 | SELL | 4,152 | $0.77M | 110,163 |
| Polen Thomas E Jr | director, Chairman, CEO and President | 2026-08-13 | EXERCISE | 43,278 | $7.24M | 0 |
| 6-mo decomposition (Form 4) | Txns | Shares | Value | Signal weight |
|---|---|---|---|---|
| S — Open-market sales | 13 | 12,244 | $2.1M | Counted |
| M — Exercises (paired A/D) | 2 | 63,487 | $9.8M | None — mechanics |
| F — Tax withholding | 4 | 4,320 | — | None — compensation |
| P — Open-market purchases | 0 | 0 | $0 | Counted — none occurred |
| Filed | Filer | Shares registered | Est. proceeds |
|---|---|---|---|
| 2026-09-28 | Michael Feld | 76 | $0.0M |
| 2026-08-26 | Michael Feld | 165 | $0.0M |
| 2026-08-20 | Richard Byrd | 1,330 | $0.2M |
| 2026-08-13 | Thomas Polen | 4,152 | $0.8M |
| Trailing 12 mo | 27 filings | 44,332 | $8M |
| Filed | Form | Reporting person | % of class | Shares |
|---|---|---|---|---|
| 2026-08-07 | SCHEDULE 13G | STATE STREET CORPORATION | 5.40% | 15.0M sh |
| 2026-04-29 | SCHEDULE 13G | Vanguard Portfolio Management | 5.40% | 15.4M sh |
| 2026-04-29 | SCHEDULE 13G | Vanguard Capital Management | 7.51% | 21.4M sh |
| 2026-01-30 | SCHEDULE 13G/A | The Vanguard Group | 12.85% | 36.7M sh |
| Member | Chamber | Trade | Size band | Traded | Disclosed |
|---|---|---|---|---|---|
| Ro Khanna | House | BUY | $1,001 - $15,000 | 2026-09-11 | 2026-10-09 |
| Thomas H. Kean | House | SELL | $1,001 - $15,000 | 2026-05-21 | 2026-06-19 |
| Thomas Kean | House | SELL | $1,001 - $15,000 | 2026-05-21 | 2026-06-19 |
| Shelley Moore Capito | Senate | SELL | $1,001 - $15,000 | 2024-02-15 | 2024-03-15 |
| Shelley Moore Capito | Senate | SELL | $1,001 - $15,000 | 2024-02-15 | 2024-03-14 |
| Shelley Moore Capito | Senate | SELL | $1,001 - $15,000 | 2024-02-15 | 2024-03-14 |
| Manager | Shares | Value |
|---|---|---|
| Fort Washington Investment Advisor | 1.1M | $199M |
| Davenport & Co Llc | 607,325 | $109M |
| Avity Investment Management Inc. | 209,385 | $37M |
| Auto-Owners Insurance Co | 182,355 | $33M |
| Cacti Asset Management Llc | 180,296 | $33M |
| Cardinal Capital Management, Inc. | 177,450 | $32M |
| Fund | Weight | Position |
|---|---|---|
| VITSX | 0.1% | $1.5B |
| VSMPX | 0.1% | $1.5B |
| VTSAX | 0.1% | $1.5B |
| VTI | 0.1% | $1.5B |
| VFIAX | 0.1% | $1.3B |
| VFFSX | 0.1% | $1.3B |
| ATS Venue (4-wk) | Shares | Avg trade |
|---|---|---|
| Incr Intelligent Cross Llc | 3.1M | 39 sh |
| Ubsa Ubs Ats | 2.6M | 51 sh |
| Ebxl Level Ats | 1.8M | 29 sh |
| Sgmt Sigma X2 | 1.8M | 40 sh |
| Mlix Instinct X | 1.2M | 63 sh |
| Mspl Ms Pool (Ats-4) | 1.0M | 145 sh |
| Region | Revenue | Share |
|---|---|---|
| UNITED STATES | $12.8B | 59% |
| Europe | $4.7B | 22% |
| Asia | $3.1B | 14% |
| Others Country | $1.2B | 6% |
Moat score 51/100 — Weak; primary source Efficient Scale.
| Officer | Title |
|---|---|
| Thomas E. Polen Jr. | President, Chief Executive Officer & Chairman |
| Michael C. Feld | Executive VP & Chief Revenue Officer |
| Vitor Roque | Executive Vice President & Chief Financial Officer |
| Manish Sinha | Executive Vice President & Chief People Officer |
| Period | EPS est. | EPS actual | EPS surprise | Rev est. ($M) | Rev actual ($M) | Rev surprise |
|---|
| YoY growth | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | +19.0% | -1.4% | +2.7% | +4.2% | +8.2% |
| Gross profit | +27.0% | -1.8% | -3.6% | +11.7% | +8.8% |
| Operating income | +146.7% | +1.4% | -7.5% | +13.5% | +7.6% |
| Net income | +139.4% | -15.0% | -16.6% | +14.9% | -1.6% |
| $B · FY ends | FY21 | FY22 | FY23 | FY24 | FY25 | Trend |
|---|---|---|---|---|---|---|
| Revenue | 19.1 | 18.9 | 19.4 | 20.2 | 21.8 | |
| Cost of revenue | 10.5 | 10.4 | 11.2 | 11.1 | 11.9 | |
| Gross profit | 8.6 | 8.5 | 8.2 | 9.1 | 9.9 | |
| R&D expense | 1.3 | 1.3 | 1.2 | 1.2 | 1.3 | |
| SG&A expense | 4.7 | 4.7 | 4.7 | 4.9 | 5.3 | |
| Operating income | 2.2 | 2.3 | 2.1 | 2.4 | 2.6 | |
| EBITDA | 4.4 | 4.4 | 4.4 | 4.8 | 5.0 | |
| D&A | 2.2 | 2.2 | 2.3 | 2.3 | 2.5 | |
| Pretax income | 1.7 | 1.8 | 1.7 | 2.0 | 1.9 | |
| Income tax | 0.1 | 0.1 | 0.1 | 0.3 | 0.2 | |
| Net income | 2.1 | 1.8 | 1.5 | 1.7 | 1.7 | |
| Diluted EPS ($) | 6.85 | 5.88 | 4.94 | 5.86 | 5.83 | |
| Diluted shares (M) | 292 | 287 | 288 | 291 | 287 |
| $B | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Cash & equivalents | 1.0 | 1.4 | 1.7 | 0.9 | |
| ST investments | 0.0 | 0.0 | 0.4 | 0.0 | |
| Receivables (net) | 2.2 | 2.5 | 3.0 | 3.0 | |
| Total current assets | 8.1 | 8.7 | 10.5 | 9.3 | |
| PP&E (net) | 6.0 | 6.6 | 6.8 | 7.0 | |
| Goodwill + intangibles | 36.9 | 35.5 | 37.4 | 36.0 | |
| Total assets | 52.9 | 52.8 | 57.3 | 55.3 | |
| Accounts payable | 1.7 | 1.6 | 1.9 | 2.0 | |
| Short-term debt | 2.2 | 1.1 | 2.2 | 1.6 | |
| Deferred revenue | 0.0 | 0.0 | 0.0 | 0.0 | |
| Total current liabilities | 7.8 | 6.6 | 9.0 | 8.3 | |
| Long-term debt | 13.9 | 14.7 | 17.9 | 17.6 | |
| Total liabilities | 27.7 | 27.0 | 31.4 | 29.9 | |
| Shareholders' equity | 25.3 | 25.8 | 25.9 | 25.4 |
| $B | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Net income | 1.8 | 1.5 | 1.7 | 1.7 | |
| D&A | 2.2 | 2.3 | 2.3 | 2.5 | |
| Stock-based compensation | 0.2 | 0.3 | 0.2 | 0.3 | |
| Working capital change | (1.4) | (0.8) | 0.3 | (0.8) | |
| Operating cash flow | 2.6 | 3.0 | 3.8 | 3.4 | |
| Capital expenditures | (1.0) | (0.9) | (0.7) | (0.8) | |
| Investing cash flow | (3.2) | (0.7) | (5.5) | (0.8) | |
| Buybacks | (0.5) | 0.0 | (0.5) | (1.0) | |
| Dividends paid | (1.1) | (1.1) | (1.1) | (1.2) | |
| Debt issuance / (repay) | (0.1) | (0.7) | 3.8 | (1.3) | |
| Financing cash flow | (0.6) | (2.0) | 2.1 | (3.6) | |
| Free cash flow | 1.7 | 2.1 | 3.1 | 2.7 |
| Ratio | FY21 | FY22 | FY23 | FY24 | FY25 | TTM | Trend |
|---|---|---|---|---|---|---|---|
| PROFITABILITY | |||||||
| ROE | 8.8% | 7.3% | 5.8% | 6.7% | 6.5% | 4% | |
| ROA | 3.9% | 3.3% | 2.8% | 3.1% | 3.0% | 1.9% | |
| ROIC | 6.4% | 5.2% | 4.8% | 5.0% | 5.3% | 3.7% | |
| Gross margin | 45.1% | 44.9% | 42.2% | 45.2% | 45.4% | 46.1% | |
| Operating margin | 11.8% | 12.1% | 10.9% | 11.9% | 11.8% | 9.8% | |
| Net margin | 10.9% | 9.4% | 7.7% | 8.4% | 7.7% | 4.5% | |
| EBITDA margin | 23.0% | 23.4% | 22.7% | 23.9% | 22.7% | 21.4% | |
| FCF margin | 17.1% | 8.8% | 10.9% | 15.2% | 12.2% | — | |
| VALUATION | |||||||
| P/E | 30.81 | 33.91 | 48.88 | 39.54 | 31.85 | 57.8 | |
| P/B | 2.72 | 2.39 | 2.81 | 2.64 | 2.11 | 2.2 | |
| P/S | 3.23 | 3.20 | 3.74 | 3.38 | 2.45 | 2.51 | |
| P/FCF | 18.87 | 36.34 | 34.30 | 22.21 | 20.02 | 20.0 | |
| EV/EBITDA | 16.57 | 17.09 | 19.76 | 18.32 | 14.48 | 15.3 | |
| EV/Revenue | 4.00 | 3.99 | 4.49 | 4.27 | 3.29 | 3.3 | |
| Earnings yield | 3.2% | 2.9% | 2.0% | 2.5% | 3.1% | 1.79% | |
| FCF yield | 5.3% | 2.8% | 2.9% | 4.5% | 5.0% | 4.99% | |
| Ratio | FY21 | FY22 | FY23 | FY24 | FY25 | TTM | Trend |
|---|---|---|---|---|---|---|---|
| LEVERAGE & SOLVENCY | |||||||
| Current ratio | 1.33 | 1.04 | 1.31 | 1.17 | 1.11 | 0.87 | |
| Quick ratio | 0.92 | 0.63 | 0.81 | 0.74 | 0.64 | 0.51 | |
| Debt / equity | 0.74 | 0.64 | 0.62 | 0.78 | 0.76 | 0.69 | |
| Debt / assets | 32.7% | 30.3% | 30.1% | 35.1% | 34.7% | 33.1% | |
| Net debt / EBITDA | 3.18 | 3.41 | 3.28 | 3.81 | 3.70 | 3.61 | |
| Interest coverage | 5.50 | 5.48 | 4.68 | 4.85 | 4.07 | — | |
| Ratio | FY21 | FY22 | FY23 | FY24 | FY25 | TTM | Trend |
|---|---|---|---|---|---|---|---|
| EFFICIENCY | |||||||
| Asset turnover | 0.37 | 0.35 | 0.37 | 0.37 | 0.39 | 0.41 | |
| Receivables turnover | 8.41 | 8.31 | 8.20 | 7.25 | 7.25 | 8.8 | |
| DSO (days) | 43 | 44 | 45 | 50 | 50 | 41 | |
| DPO (days) | 53 | 60 | 54 | 59 | 59 | — | |
| Cash conversion cycle | 84 | 88 | 96 | 110 | 110 | 149 | |
| GROWTH (YoY) | |||||||
| Revenue growth | 16.6% | -5.5% | 2.7% | 4.2% | 8.2% | — | |
| Net income growth | 139.1% | -15.0% | -16.6% | 16.3% | -2.8% | — | |
| EPS growth | 143.0% | -14.4% | -18.3% | 17.1% | -1.6% | — | |
| FCF growth | 25.2% | -51.4% | 27.4% | 45.3% | -13.1% | — | |
| PER SHARE ($) | |||||||
| EPS (diluted, TTM) | 7.25 | 6.21 | 5.07 | 5.94 | 5.84 | 3.42 | |
| Book value / share | 82.04 | 88.22 | 88.13 | 89.09 | 88.43 | 88.86 | |
| Revenue / share | 69.18 | 65.85 | 66.18 | 69.44 | 76.06 | 75.84 | |
| FCF / share | 11.84 | 5.79 | 7.23 | 10.57 | 9.30 | 9.48 | |
| Cash / share | 7.95 | 3.54 | 4.87 | 7.44 | 2.99 | 2.58 | |
| SHAREHOLDER RETURN & SCORES | |||||||
| Buyback yield | 2.7% | 0.8% | 0.0% | 0.0% | 1.9% | 6.00% | |
| Altman Z-Score | 2.22 | 2.21 | 2.57 | 2.23 | 2.06 | 2.2 | |
| Piotroski F-Score | 7 | 5 | 6 | 6 | 7 | 7/9 | |
| Beneish M-Score | -2.70 | -2.60 | -2.31 | -2.61 | -2.66 | -2.91 | |
| Model | Score | Zone | Note |
|---|---|---|---|
| Piotroski F-Score | 7 / 9 | Strong | |
| Altman Z-Score | 2.2 | Grey zone | Grey |
| Income quality | 3.29 | Cash-backed | OCF ÷ net income |
| Beneish M-Score | -2.91 | Non-manipulator | vs −2.22 threshold |
| DuPont Decomposition (TTM) | Value |
|---|---|
| Tax burden | 0.59 |
| Interest burden | 0.75 |
| Operating margin | 10.2% |
| Asset turnover | 0.39× |
| Financial leverage | 2.12× |
| = ROE | 4% |
| Growth Quality (live) | Value |
|---|---|
| Revenue stability | 0.53 |
| Earnings stability | 0.78 |
| Earnings persistence | 0.83 |
| Revenue CAGR 3y | 3.0% |
| EPS CAGR 3y | -16.0% |
| FCF CAGR 3y | 14.4% |
| Company | Mkt cap | P/E | ROE | Net margin | Rev growth | Piotroski | 1-yr ret |
|---|---|---|---|---|---|---|---|
| RMD | $33.6B | 22.9 | 24% | 26.2% | +9.9% | 7/9 | -11.3% |
| MDLN | $31.5B | 41.8 | 3% | 0.8% | — | 4/9 | -12.3% |
| WST | $27.0B | 48.8 | 19% | 17.7% | +12.4% | 9/9 | +43.8% |
| ISRG | $150.7B | 48.2 | 17% | 28.3% | +20.7% | 7/9 | -1.8% |
| HOLX | $17.0B | 30.3 | 11% | 17.1% | +2.2% | 6/9 | — |
| SOLV | $14.6B | 10.4 | 34% | 4.2% | -0.9% | 7/9 | — |
| BAX | $13.1B | -12.4 | -16% | 4.3% | +5.4% | 3/9 | — |
| RGEN | $11.1B | 237.1 | 2% | 2.5% | +16.5% | 8/9 | — |
| Consensus estimates | Revenue mean | High / Low | EPS mean | High / Low | # EPS est. |
|---|---|---|---|---|---|
| FY2026 | $19.30B | $19.98B / $19.12B | $12.67 | $12.76 / $12.08 | 8 |
| FY2027 | $19.70B | $20.38B / $19.44B | $13.24 | $13.80 / $13.05 | 8 |
| FY2028 | $20.47B | $21.16B / $20.18B | $14.16 | $16.47 / $11.84 | 2 |
| Window | Avg Target | vs. Price | # Targets |
|---|---|---|---|
| Last Month | $165.00 | -14.0% | 1 |
| Last Quarter | $188.33 | -1.8% | 6 |
| Last Year | $178.85 | -6.7% | 18 |
| All Time | $200.49 | +4.6% | 39 |
| Moving Average | Value | Distance | % Distance | Signal |
|---|---|---|---|---|
| SMA 20 | $183.35 | +8.40 | +4.58% | Above |
| SMA 50 | $183.68 | +8.07 | +4.39% | Above |
| SMA 200 | $164.14 | +27.61 | +16.82% | Above |
| EMA 9 | $187.57 | +4.18 | +2.23% | Above |
| EMA 21 | $184.69 | +7.06 | +3.82% | Above |
| EMA 50 | $180.26 | +11.49 | +6.37% | Above |
| EMA 200 | $171.91 | +19.84 | +11.54% | Above |
| Level | Value | Level | Value |
|---|---|---|---|
| Pivot / R1 / R2 | $192.54 / $195.56 / $197.37 | S1 / S2 | $190.73 / $187.71 |
| Bollinger (20,2) | $174.44 – $192.26 | Squeeze | Off |
| 52-wk range | $140.11 – $202.75 | Off 52-wk high | -5.5% |
| ATR (14) | $4.25 (2.2%) | Historical vol | 22.6% |
| Computed from live weekly prices | BDX | S&P 500 |
|---|---|---|
| Weekly volatility (σ, 1y) | 4.43% | 1.83% |
| Best / worst week (1y) | +10.6% / -17.3% | — |
| Max drawdown (5y, monthly) | -44.9% | — |
| 1-week VaR (95%) | -5.4% | — |
| Beta (5y) | 0.28 | 1.00 |
| Reading | BDX | Medical - Instruments & Supplies n=284 | Healthcare n=5,272 | All US symbols n=70,435 |
|---|---|---|---|---|
| Overall | +7.6 | -10.3 | -24.0 | -20.5 |
| Trend | +43.3 | +0.7 | -25.6 | -21.3 |
| Momentum | +59.3 | -1.1 | -28.5 | -15.8 |
| Volume | -41.2 | +17.1 | -25.0 | -3.8 |
| Executive | Total comp | Structure |
|---|---|---|
| Thomas E. Polen Chairman, Chief Executive Of | $17.1M | 69% equity+incentive |
| Christopher J. DelOrefice Executive Vice Pre | $5.9M | 66% equity+incentive |
| Michael C. Feld Executive Vice President, Ch | $4.1M | 53% equity+incentive |
| Michael D. Garrison Executive Vice President | $3.6M | 60% equity+incentive |
| Richard E. Byrd Executive Vice President and | $3.4M | 59% equity+incentive |
| Pillar (live disclosure scores) | Score |
|---|---|
| Environmental | 76 |
| Social | 63 |
| Governance | 63 |
| Composite ESG | 67 |
| Filed | 8-K contents | Items |
|---|---|---|
| 2026-08-06 | Earnings Release; Exhibits | 2.02,9.01 |
| 2026-07-22 | Officer/Director Change; Regulation FD; Exhibits | 5.02,7.01,9.01 |
| 2026-05-29 | Regulation FD | 7.01 |
| 2026-05-20 | Material Agreement; Financial Obligation; Exhibits | 1.01,2.03,9.01 |
| 2026-05-12 | Other Events; Exhibits | 8.01,9.01 |
| 2026-05-07 | Officer/Director Change; Regulation FD; Exhibits | 5.02,7.01,9.01 |
| 2026-05-07 | Earnings Release; Exhibits | 2.02,9.01 |
| 2026-04-29 | Bylaws Amendment; Exhibits | 5.03,9.01 |
Methodology. Every figure originates in InsiderStreet's production data layer and is computed deterministically by the same engines that power insiderstreet.ai. This factsheet contains no model-written text. Sections without underlying data are omitted rather than estimated.
| Data domain | Source | Coverage for this report |
|---|---|---|
| Price & volume | market_db.historical_prices | 52 rows |
| Fundamentals | income_statements_annual | 6 rows · 2020 to 2025 |
| Reported vs consensus | fact/earnings_calendar | 24 rows · 2020-11-05 to 2026-08-06 |
| Analyst estimates | dim/forward_estimates | 3 rows · 2026-09-30 to 2028-09-30 |
| Institutional ownership (13F) | holdings_db.institutional_ownership_summary | not present for this symbol |
| Insider transactions (Form 4) | edgar/form4 | 12 rows · 2026-07-27 to 2026-09-28 |
| Proposed sales (Form 144) | edgar/form144 | 1 record |
| Beneficial ownership (13D/G) | edgar/13dg | 4 rows · 2026-01-30 to 2026-08-07 |
| Short-sale volume (FINRA) | edgar/short_volume_daily | 60 rows · 2026-07-23 to 2026-10-15 |
| Dark pool (ATS, tier 1) | edgar/darkpool_weekly | 12 rows · 2026-06-15 to 2026-08-31 |
| ETF & fund holding | etf_holdings_changelog (30d) | 1 record |
| Peer set | stock_peers_dynamic | 8 rows |
| Industry medians | industry_medians | 1 record |
| Congressional trades | congress_db (House + Senate) | 1 record |
| ESG | fact/esg_disclosures | 1 record |
Method. Every figure in this factsheet is looked up from a named field computed in code. It contains no model-written text.
Not covered. Short interest as a percent of float and days-to-cover are not in this data set — the short-sale figures above are FINRA volume, a flow, and cannot support squeeze or covering analysis. Options positioning and intraday data are also absent. 13F ownership is filed 45 days after quarter end and congressional trades are disclosed on a lag, so both describe a past position, not a current one.