Resmed Inc CHESS Depositary Interests on a ratio of 10 CDIs per ord.sh (RMD) Receives a Buy from Citi
Elevate Your Investing Strategy:
Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Chevrier covers the Healthcare sector, focusing on stocks such as Resmed Inc CHESS Depositary Interests on a ratio of 10 CDIs per ord.sh, Ansell, and Fisher & Paykel Healthcare Corporation Limited. According to TipRanks, Chevrier has an average return of -3.5% and a 41.18% success rate on recommended stocks.
Currently, the analyst consensus on Resmed Inc CHESS Depositary Interests on a ratio of 10 CDIs per ord.sh is a Strong Buy with an average price target of A$45.18, a 5.05% upside from current levels. In a report released on August 1, Wilsons also upgraded the stock to a Buy with a A$43.50 price target.
Based on Resmed Inc CHESS Depositary Interests on a ratio of 10 CDIs per ord.sh's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of A$1.29 billion and a net profit of A$365.04 million. In comparison, last year the company earned a revenue of A$1.2 billion and had a net profit of A$300.49 million
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Insider
an hour ago
- Business Insider
'The Worst Place to Drive in America': Tesla Stock (NASDAQ:TSLA) Gains on Plans to Bring Robotaxi Service to New York
There are perfectly valid reasons why an episode of The Simpsons referred to New York City as an 'urban death maze.' But electric vehicle giant Tesla (TSLA) may be poised to make getting around that city a lot easier thanks to robotaxi service, which it hopes to bring therein. There are signs that this plan may not work as expected, however. Investors are eager to see an expansion, and sent Tesla shares up nearly 2% in Monday afternoon's trading. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Tesla has had plans to expand elsewhere for quite some time, as evidenced by listings for 'vehicle operators' that have been posted throughout America's cities. Brooklyn is actually on the list as well, which would represent one of the biggest challenges that Tesla's autodrive systems will ever face. Brooklyn is well-known for a 'good-luck' approach to traffic. With delivery vans, electric bikes, and an overall traffic infrastructure that was once described as '…general chaos that wreaks havoc on even the most seasoned drivers…,' it is clear that an autodrive system would have a lot to look out for. Given that Tesla is being 'super paranoid' about safety—which makes perfect sense given some incidents—it is not a surprise it wants a human backup involved, hence the job listings. China-Made EV Sales in Freefall Meanwhile, a bit of bad news floated in from China, where electric vehicles are a market that could be described as 'oversaturated.' The Tesla models made in China suffered a significant blow to their sales. Sales were down 8.4% against the figures from July 2024. Model 3 and Model Y sales hit 67,886 units for July, reports noted, which was also down 5.2% against the figures from June 2025. A combination of growing numbers of competitors and a market that is not really expanding left Tesla on the back foot, forced to take smaller slices of a pie that is roughly the same size it has always been. With the United States poised to drop tax credits for electric vehicles with the end of September, that will deliver another blow to Tesla going forward. It also helps explain why Tesla is pivoting toward robotics and other ventures. Is Tesla a Buy, Hold or Sell? Turning to Wall Street, analysts have a Hold consensus rating on TSLA stock based on 14 Buys, 15 Holds, and eight Sells assigned in the past three months, as indicated by the graphic below. After a 52.17% rally in its share price over the past year, the average TSLA price target of $310.84 per share implies 0.63% downside risk.
Business Insider
2 hours ago
- Business Insider
Is Now the Time to Buy Tesla Stock (TSLA)? TipRanks AI Analyst Says Yes
Tesla (TSLA) remains one of Wall Street's most debated stocks. While analyst opinions are mixed, TipRanks' A.I. analyst maintains an Outperform rating with a $341 price target, implying over 10% upside and well above the Wall Street consensus of $310.84. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. For context, TipRanks' A.I. Stock Analysis provides automated, data-backed evaluations of stocks across key metrics, offering users a clear and concise view of a stock's potential. AI Score Spotlights Latest Earnings Tesla stock earns a solid score of 73 out of 100 on the A.I. tool. Tesla's overall rating is supported by its financial performance which emphasizes encouraging growth prospects in its autonomous driving and energy businesses. Notably, Tesla's adjusted earnings per share came in at $0.40, matching analysts' expectations. However, the bottom line fell 23% compared to the same period last year. Additionally, the tool highlights Tesla's latest earnings call summary, which carries a positive signal. Below is the screenshot for reference. These fundamentals paint a positive long-term picture. However, from a technical and valuation standpoint, there are notable concerns. Technical indicators currently signal bearish trends. Moreover, Tesla's elevated price-to-earnings (P/E) ratio of 180 raises the possibility that the stock may be overvalued in the near term, pointing to potential short-term pressure on the stock. Wall Street Is Also Bullish On Monday, longtime Tesla bull and Wedbush analyst Daniel Ives reiterated his Buy rating, implying over 60% upside from the current levels. Ives stated that the Tesla board's approval of Elon Musk 's compensation package has cleared a significant overhang, potentially boosting investor confidence and removing a key source of uncertainty around the stock. Similarly, Piper Sandler's Alexander Potter also reaffirmed his Buy rating on TSLA stock. Potter advised investors not to overreact to the recent Autopilot-related jury verdict against Tesla in Florida, stating that the case is less significant than headlines suggest. Is Tesla Stock a Good Buy? According to TipRanks, TSLA stock has received a Hold consensus rating, with 14 Buys, 15 Holds, and eight Sells assigned in the last three months. The average Tesla stock price target is $310.84, suggesting a potential downside of 1.6% from the current level.
Business Insider
7 hours ago
- Business Insider
Tesla (TSLA) Gets a Buy from Piper Sandler
In a report released today, Alexander Potter from Piper Sandler maintained a Buy rating on Tesla, with a price target of $400.00. The company's shares closed last Friday at $302.63. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. According to TipRanks, Potter is a 5-star analyst with an average return of 18.7% and a 47.67% success rate. Potter covers the Consumer Cyclical sector, focusing on stocks such as Tesla, Ford Motor, and Carvana Co. In addition to Piper Sandler, Tesla also received a Buy from Morgan Stanley's Adam Jonas in a report issued today. However, on July 31, Wolfe Research reiterated a Hold rating on Tesla (NASDAQ: TSLA). Based on Tesla's latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $22.5 billion and a net profit of $1.17 billion. In comparison, last year the company earned a revenue of $25.5 billion and had a net profit of $1.4 billion Based on the recent corporate insider activity of 51 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TSLA in relation to earlier this year. Most recently, in June 2025, Xiaotong Zhu, the SVP, APAC of TSLA sold 15,000.00 shares for a total of $4,857,000.00.
