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Zimmer Biomet Holdings (ZBH)
NYSE:ZBH
Zimmer Biomet Holdings (ZBH) Stock Price & Analysis
875 Followers
ZBH Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$101.60 - $146.61
Previous Close$116.33
Volume1.93M
Average Volume (3M)1.21M
Market Cap
$23.93B
Enterprise Value$29.29B
Total Cash (Recent Filing)$415.80M
Total Debt (Recent Filing)$5.77B
Price to Earnings (P/E)25.2
Beta0.95
Next Earnings
Jul 30, 2024EPS Estimate
$1.99Next Dividend Ex-Date
Jun 26, 2024Dividend Yield0.83%
Share Statistics
EPS (TTM)4.62
Shares Outstanding205,728,398
10 Day Avg. Volume1,086,689
30 Day Avg. Volume1,213,853
Standard Deviation0.08
R-Squared0.48
Alpha-0.00726
Financial Highlights & Ratios
Price to Book (P/B)-20.05
Price to Sales (P/S)3.24
Price to Cash Flow (P/CF)10.20
P/FCF Ratio9.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.96
Enterprise Value/Gross Profit5.52
Enterprise Value/Ebitda25.86
Forecast
1Y Price Target
$137.33Price Target Upside19.27% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering16
Zimmer Biomet Holdings News
Bulls Say, Bears Say
Bulls Say
Financial GuidanceManagement's conservative guidance could lead to potential 'surprise' upward revisions in the near future.
Market PerformanceZBH shares are trading below the broader medtech peers, indicating a favorable risk/reward scenario for investors.
Product PipelineWith 40 new products expected over the next 24-36 months, Zimmer Biomet aims to contribute to growth above the market.
Bears Say
Competitive PositionZBH was outpaced by key Ortho competitors in the quarter.
Financial PerformanceZBH's earnings leverage will be limited and potential M&A could be dilutive, creating another headwind to earnings growth.
Market ExpectationsZBH's hip/knee growth remains slightly below market expectations, which could be a concern for some investors.
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Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
ZBH FAQ
What was Zimmer Biomet Holdings’s price range in the past 12 months?
Zimmer Biomet Holdings lowest stock price was $101.60 and its highest was $146.61 in the past 12 months.
What is Zimmer Biomet Holdings’s market cap?
Currently, no data Available
When is Zimmer Biomet Holdings’s upcoming earnings report date?
Zimmer Biomet Holdings’s upcoming earnings report date is Jul 30, 2024 which is in 61 days.
How were Zimmer Biomet Holdings’s earnings last quarter?
Zimmer Biomet Holdings released its earnings results on May 02, 2024. The company reported $1.94 earnings per share for the quarter, beating the consensus estimate of $1.87 by $0.07.
Is Zimmer Biomet Holdings overvalued?
According to Wall Street analysts Zimmer Biomet Holdings’s price is currently Undervalued.
Does Zimmer Biomet Holdings pay dividends?
Zimmer Biomet Holdings pays a Quarterly dividend of $0.24 which represents an annual dividend yield of 0.83%. See more information on Zimmer Biomet Holdings dividends here
What is Zimmer Biomet Holdings’s EPS estimate?
Zimmer Biomet Holdings’s EPS estimate is $1.99.
How many shares outstanding does Zimmer Biomet Holdings have?
Zimmer Biomet Holdings has 205,728,400 shares outstanding.
What happened to Zimmer Biomet Holdings’s price movement after its last earnings report?
Zimmer Biomet Holdings reported an EPS of $1.94 in its last earnings report, beating expectations of $1.87. Following the earnings report the stock price went down -0.92%.
Which hedge fund is a major shareholder of Zimmer Biomet Holdings?
Among the largest hedge funds holding Zimmer Biomet Holdings’s share is Dodge & Cox. It holds Zimmer Biomet Holdings’s shares valued at 2B.
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Zimmer Biomet Holdings Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$137.33 (19.27% Upside)
$137.33 (19.27% Upside)
Blogger Sentiment
Bullish
ZBH Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 5.2M Shares
Last Quarter.
Last Quarter.
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-8.16%
12-Months-Change
Fundamentals
Return on Equity
7.79%
Trailing 12-Months
Asset Growth
0.98%
Trailing 12-Months
Company Description
Zimmer Biomet Holdings
Zimmer Biomet Holdings, Inc. is a musculoskeletal healthcare company. The company engages in designing, manufacturing and marketing orthopedic reconstructive products; biologics, sports medicine, extremities and trauma products; spine, dental implants, bone healing, craniomaxillofacial and thoracic products; and related surgical products.
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ZBH Earnings Call
Q1 2024
0:00 / 0:00
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ZBH Net sales Breakdown
41.09% Knees
26.60% Hips
23.70% S.E.T
8.60% Other
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ZBH Stock 12 Month Forecast
Average Price Target
$137.33
▲(19.27% Upside)
Technical Analysis
Best Analysts Covering ZBH
1 Year
1 Year Success Rate
29/43 ratings generated profit
1 Year Average Return
+6.30%
assigned a buy rating 27 days ago
Copying Steven Lichtman's trades and holding each position for 1 Year would result in 67.44% of your transactions generating a profit, with an average return of +6.30% per trade.
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