Company Overview
ResMed Inc. develops, manufactures, distributes, and markets medical devices and cloud-based software applications for the healthcare markets. The company operates in two segments, Sleep and Respiratory Care, and Software as a Service. 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, and cloud-based software informatics solutions to manage patient outcomes, as well as provides customer and business processes. The company also provides AirView, a cloud-based system that enables remote monitoring and changing of patients' device settings; myAir, a personalized therapy management application for patients with sleep apnea that provides support, education, and troubleshooting tools for increased patient engagement and improved compliance; U-Sleep, a compliance monitoring solution that enables home medical equipment (HME)to streamline their sleep programs; connectivity module and propeller solutions; and Propeller portal. It offers out-of-hospital software solution, such as Brightree business management software and service solutions to providers of HME, pharmacy, home infusion, orthotics, and prosthetics services; MatrixCare care management and related ancillary solutions to senior living, skilled nursing, life plan communities, home health, home care, and hospice organizations, as well as related accountable care organizations; and HEALTHCAREfirst that offers electronic health record, software, billing and coding services, and analytics for home health and hospice agencies. The company markets its products primarily to sleep clinics, home healthcare dealers, and hospitals through a network of distributors and direct sales force in approximately 140 countries. ResMed Inc. was founded in 1989 and is headquartered in San Diego, California.
Company Information
- CEO
- Michael J. Farrell BE, MBA, SM
- Sector
- Healthcare
- Industry
- Medical - Instruments & Supplies
- Employees
- 9980
Contact Information
- Website
- https://www.resmed.com
- Address
- 9001 Spectrum Center Boulevard
- Country
- US
Investment Analysis & Insights
Key Investment Highlights
- Market Position: Healthcare leader with 41.75B market capitalization
- Trading Volume: 851.68K shares traded today
- Price Range: 52-week range of $199.92 - $293.81
- Exchange: Listed on New York Stock Exchange
Financial Metrics
Market Analysis for ResMed Inc.
ResMed Inc. (RMD) operates in the Medical - Instruments & Supplies industry within the Healthcare sector. With a current market capitalization of 41.75B, the company represents a significant player in its market. The stock is currently trading at $285.17 with a negativedaily change of 0.22%.
The company's 9980 employee base and presence on the New York Stock Exchangeexchange position it as a Healthcare sector leader. Investors should consider the stock's P/E ratio of 29.95, beta of 0.77, and 52-week price range from $199.92 to $293.81when evaluating investment opportunities.
Why Invest in ResMed Inc.?
Strengths
- • Established market presence in Healthcare
- • Strong financial metrics and market position
- • Listed on major exchange (New York Stock Exchange)
- • Experienced leadership under Michael J. Farrell BE, MBA, SM
Investment Considerations
- • Monitor sector-specific market trends
- • Track quarterly earnings performance
- • Consider market volatility and beta
- • Evaluate long-term growth potential
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About Healthcare Sector
The Healthcare sector includes companies that provide medical services, develop pharmaceuticals, manufacture medical devices, and offer health insurance.