In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
In the latest session, Zimmer Biomet Holdings Inc (NYSE: ZBH) closed at $100.42 down -0.51% from its previous closing price of $100.93. In other words, the price has decreased by -$0.51 from its previous closing price. On the day, 2.53 million shares were traded. ZBH stock price reached its highest trading level at $101.57 during the session, while it also had its lowest trading level at $99.67.
Ratios:
For a deeper understanding of Zimmer Biomet Holdings Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 38.04 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.43. For the most recent quarter (mrq), Quick Ratio is recorded 0.99 and its Current Ratio is at 1.91. In the meantime, Its Debt-to-Equity ratio is 0.50 whereas as Long-Term Debt/Eq ratio is at 0.43.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, JP Morgan on December 17, 2024, Upgraded its rating to Overweight and sets its target price to $128 from $125 previously.
Piper Sandler Downgraded its Overweight to Neutral on July 01, 2024, whereas the target price for the stock was revised from $140 to $115.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on May 31 ’24 when Yi Sang sold 12,857 shares for $114.69 per share. The transaction valued at 1,474,582 led to the insider holds 5,322 shares of the business.
Yi Sang sold 1,705 shares of ZBH for $216,296 on Mar 07 ’24. The Group President, Asia Pacific now owns 18,179 shares after completing the transaction at $126.86 per share. On Feb 22 ’24, another insider, Phipps Chad F, who serves as the Sr. VP/Gen Counsel/Secretary of the company, sold 26,156 shares for $128.62 each. As a result, the insider received 3,364,126 and left with 44,145 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ZBH now has a Market Capitalization of 19991011328 and an Enterprise Value of 27627929600. As of this moment, Zimmer’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.62, and their Forward P/E ratio for the next fiscal year is 11.34. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.64. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.60 while its Price-to-Book (P/B) ratio in mrq is 1.62. Its current Enterprise Value per Revenue stands at 3.637 whereas that against EBITDA is 10.803.
Stock Price History:
The Beta on a monthly basis for ZBH is 1.05, which has changed by -0.18049693 over the last 52 weeks, in comparison to a change of 0.21659255 over the same period for the S&P500. Over the past 52 weeks, ZBH has reached a high of $133.90, while it has fallen to a 52-week low of $99.93. The 50-Day Moving Average of the stock is -6.64%, while the 200-Day Moving Average is calculated to be -8.43%.
Shares Statistics:
For the past three months, ZBH has traded an average of 1.65M shares per day and 1901760 over the past ten days. A total of 199.07M shares are outstanding, with a floating share count of 198.59M. Insiders hold about 0.24% of the company’s shares, while institutions hold 90.71% stake in the company. Shares short for ZBH as of 1736899200 were 7632098 with a Short Ratio of 4.63, compared to 1734048000 on 6768747. Therefore, it implies a Short% of Shares Outstanding of 7632098 and a Short% of Float of 4.36.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 0.76. The current Payout Ratio is 21.67% for ZBH, which recently paid a dividend on 2024-12-30 with an ex-dividend date of 1735516800. Stock splits for the company last occurred on 2022-03-01 when the company split stock in a 103:100 ratio.
