The price of ZimVie Inc (NASDAQ: ZIMV) closed at $16.95 in the last session, down -13.52% from day before closing price of $19.60. On the day, 1024934 shares were traded.
Ratios:
We take a closer look at ZIMV’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.66 and its Current Ratio is at 2.91. In the meantime, Its Debt-to-Equity ratio is 0.76 whereas as Long-Term Debt/Eq ratio is at 0.75.
On December 21, 2022, Barclays started tracking the stock assigning a Underweight rating and target price of $9.
On June 17, 2022, JP Morgan started tracking the stock assigning a Neutral rating and target price of $20.JP Morgan initiated its Neutral rating on June 17, 2022, with a $20 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 13 when CRAWFORD SALLY bought 40,000 shares for $5.60 per share. The transaction valued at 224,120 led to the insider holds 40,127 shares of the business.
Kidwell Heather bought 36,765 shares of ZIMV for $203,873 on Mar 10. The insider now owns 44,754 shares after completing the transaction at $5.55 per share. On Mar 09, another insider, Jamali Vafa, who serves as The insider of the company, bought 20,000 shares for $5.58 each. As a result, the insider paid 111,600 and bolstered with 137,273 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, ZIMV now has a Market Capitalization of 520.90M and an Enterprise Value of 988.48M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.51 while its Price-to-Book (P/B) ratio in mrq is 0.63. Its current Enterprise Value per Revenue stands at 1.12 whereas that against EBITDA is 20.12.
Stock Price History:
Over the past 52 weeks, ZIMV has reached a high of $20.91, while it has fallen to a 52-week low of $5.05. The 50-Day Moving Average of the stock is 18.12, while the 200-Day Moving Average is calculated to be 12.33.
Shares Statistics:
According to the various share statistics, ZIMV traded on average about 392.94K shares per day over the past 3-months and 443.12k shares per day over the past 10 days. A total of 26.22M shares are outstanding, with a floating share count of 25.72M. Insiders hold about 3.07% of the company’s shares, while institutions hold 92.32% stake in the company. Shares short for ZIMV as of Feb 15, 2024 were 652k with a Short Ratio of 1.66, compared to 551.56k on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.46% and a Short% of Float of 2.81%.
Earnings Estimates
The company has 2 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0.12 for the current quarter, with a high estimate of $0.15 and a low estimate of $0.1, while EPS last year was $0.16. The consensus estimate for the next quarter is $0.26, with high estimates of $0.26 and low estimates of $0.26.
Analysts are recommending an EPS of between $0.66 and $0.6 for the fiscal current year, implying an average EPS of $0.63. EPS for the following year is $0.66, with 2 analysts recommending between $0.66 and $0.65.
Revenue Estimates
According to 2 analysts, the current quarter’s revenue is expected to be $212.5M. It ranges from a high estimate of $213M to a low estimate of $212M. As of the current estimate, ZimVie Inc’s year-ago sales were $228.16M, an estimated decrease of -6.90% from the year-ago figure.
A total of 2 analysts have provided revenue estimates for ZIMV’s current fiscal year. The highest revenue estimate was $867.8M, while the lowest revenue estimate was $865M, resulting in an average revenue estimate of $457.43M. In the same quarter a year ago, actual revenue was $909.49M, down -49.70% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $851.95M in the next fiscal year. The high estimate is $859.9M and the low estimate is $844M. The average revenue growth estimate for next year is up 86.20% from the average revenue estimate for this year.
