Ratio Analysis: Unpacking Zimmer Biomet Holdings Inc (ZBH)’s Price-to-Cash and Price-to-Free Cash Flow

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After finishing at $119.97 in the prior trading day, Zimmer Biomet Holdings Inc (NYSE: ZBH) closed at $120.98, up 0.84%. In other words, the price has increased by $0.84 from its previous closing price. On the day, 1.15 million shares were traded. ZBH stock price reached its highest trading level at $121.19 during the session, while it also had its lowest trading level at $120.08.

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 63.33 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 27.92. For the most recent quarter (mrq), Quick Ratio is recorded 0.80 and its Current Ratio is at 1.66. In the meantime, Its Debt-to-Equity ratio is 0.46 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, Evercore ISI on January 04, 2024, Downgraded its rating to In-line and sets its target price to $125 from $135 previously.

On October 20, 2023, ROTH MKM started tracking the stock assigning a Neutral rating and target price of $120.

BTIG Research Upgraded its Neutral to Buy on August 28, 2023, while the target price for the stock was maintained at $139.

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 Mar 07 ’24 when Yi Sang sold 1,705 shares for $126.86 per share. The transaction valued at 216,296 led to the insider holds 18,179 shares of the business.

Phipps Chad F sold 26,156 shares of ZBH for $3,364,126 on Feb 22 ’24. The Sr. VP/Gen Counsel/Secretary now owns 44,145 shares after completing the transaction at $128.62 per share. On Nov 09 ’23, another insider, Jafry Syed A., who serves as the Director of the company, bought 2,135 shares for $104.75 each. As a result, the insider paid 223,641 and bolstered with 4,060 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 24888973312 and an Enterprise Value of 30514821120. As of this moment, Zimmer’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.19, and their Forward P/E ratio for the next fiscal year is 13.89. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.72. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.34 while its Price-to-Book (P/B) ratio in mrq is 1.98. Its current Enterprise Value per Revenue stands at 4.095 whereas that against EBITDA is 12.337.

Stock Price History:

The Beta on a monthly basis for ZBH is 1.03, which has changed by -0.103984594 over the last 52 weeks, in comparison to a change of 0.2644323 over the same period for the S&P500. Over the past 52 weeks, ZBH has reached a high of $147.50, while it has fallen to a 52-week low of $102.00. The 50-Day Moving Average of the stock is -2.85%, while the 200-Day Moving Average is calculated to be 1.26%.

Shares Statistics:

The stock has traded on average 1.29M shares per day over the past 3-months and 1381230 shares per day over the last 10 days, according to various share statistics. A total of 205.60M shares are outstanding, with a floating share count of 205.45M. Insiders hold about 0.13% of the company’s shares, while institutions hold 91.90% stake in the company. Shares short for ZBH as of 1714435200 were 4270766 with a Short Ratio of 3.31, compared to 1711584000 on 4732594. Therefore, it implies a Short% of Shares Outstanding of 4270766 and a Short% of Float of 2.35.

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 0.008002The stock’s 5-year Average Dividend Yield is 0.74. The current Payout Ratio is 19.66% for ZBH, which recently paid a dividend on 2024-03-27 with an ex-dividend date of 1719360000. Stock splits for the company last occurred on 2022-03-01 when the company split stock in a 103:100 ratio.

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