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After finishing at $103.13 in the prior trading day, Zimmer Biomet Holdings Inc (NYSE: ZBH) closed at $101.54, down -1.54%. In other words, the price has decreased by -$1.54 from its previous closing price. On the day, 2.39 million shares were traded. ZBH stock price reached its highest trading level at $103.335 during the session, while it also had its lowest trading level at $100.668.
Ratios:
Our goal is to gain a better understanding of ZBH by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 35.53 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.39. For the most recent quarter (mrq), Quick Ratio is recorded 0.70 and its Current Ratio is at 1.36. In the meantime, Its Debt-to-Equity ratio is 0.52 whereas as Long-Term Debt/Eq ratio is at 0.38.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 20213975040 and an Enterprise Value of 26292144128. As of this moment, Zimmer’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.34, and their Forward P/E ratio for the next fiscal year is 11.86. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.87. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.66 while its Price-to-Book (P/B) ratio in mrq is 1.64. Its current Enterprise Value per Revenue stands at 3.462 whereas that against EBITDA is 10.281.
Stock Price History:
Over the past 52 weeks, ZBH has reached a high of $133.90, while it has fallen to a 52-week low of $101.47. The 50-Day Moving Average of the stock is -6.01%, while the 200-Day Moving Average is calculated to be -9.00%.
Shares Statistics:
The stock has traded on average 1.48M shares per day over the past 3-months and 1260540 shares per day over the last 10 days, according to various share statistics. A total of 199.60M shares are outstanding, with a floating share count of 198.79M. Insiders hold about 0.14% of the company’s shares, while institutions hold 92.78% stake in the company. Shares short for ZBH as of 1734048000 were 6768747 with a Short Ratio of 4.56, compared to 1731628800 on 6868318. Therefore, it implies a Short% of Shares Outstanding of 6768747 and a Short% of Float of 3.8699999999999997.
Dividends & Splits
In the trailing 12 months, ZBH’s forward annual dividend rate was 0.96, compared to 0.96 this year. Against a Trailing Annual Dividend Yield of 0.00930864The stock’s 5-year Average Dividend Yield is 0.76.
