Zimmer Biomet Holdings Inc (NYSE: ZBH) is -7.25% lower on its value in year-to-date trading and has touched a low of $102.00 and a high of $147.50 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ZBH stock was last observed hovering at around $113.34 in the last trading session, with the day’s loss setting it -0.46%.
Currently trading at $112.88, the stock is -3.52% and -6.64% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.17 million and changing -0.41% at the moment leaves the stock -4.97% off its SMA200. ZBH registered -16.56% loss for a year compared to 6-month gain of -3.76%.
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The stock witnessed a -7.05% loss in the last 1 month and extending the period to 3 months gives it a -11.84%, and is -0.21% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.49% over the week and 1.52% over the month.
Zimmer Biomet Holdings Inc (ZBH) has around 18000 employees, a market worth around $23.22B and $7.45B in sales. Current P/E ratio is 24.44 and Fwd P/E is 12.98. Profit margin for the company is 12.93%. Distance from 52-week low is 10.67% and -23.47% from its 52-week high. The company has generated returns on investments over the last 12 months (5.53%).
The EPS is expected to grow by 7.25% this year.
Zimmer Biomet Holdings Inc (ZBH) Top Institutional Holders
The shares outstanding are 205.60M, and float is at 205.46M with Short Float at 2.75%.
Zimmer Biomet Holdings Inc (ZBH) Insider Activity
The most recent transaction is an insider sale by Yi Sang,the company’sGroup President, Asia Pacific. SEC filings show that Yi Sang sold 12,857 shares of the company’s common stock on May 31 ’24 at a price of $114.69 per share for a total of $1.47 million. Following the sale, the insider now owns 5322.0 shares.
Zimmer Biomet Holdings Inc disclosed in a document filed with the SEC on Mar 07 ’24 that Yi Sang (Group President, Asia Pacific) sold a total of 1,705 shares of the company’s common stock. The trade occurred on Mar 07 ’24 and was made at $126.86 per share for $0.22 million. Following the transaction, the insider now directly holds 18179.0 shares of the ZBH stock.
Still, SEC filings show that on Feb 22 ’24, Phipps Chad F (Sr. VP/Gen Counsel/Secretary) disposed off 26,156 shares at an average price of $128.62 for $3.36 million. The insider now directly holds 44,145 shares of Zimmer Biomet Holdings Inc (ZBH).
