Zimmer Biomet Holdings which can be found using ticker (ZBH) have now 24 market analysts covering the stock. The analyst consensus now points to a rating of ‘Hold’. The target price High/Low ranges between 150 and 105 and has a mean target at $134.94. Now with the previous closing price of $138.44 this would indicate that there is a downside of -2.5%. It’s also worth noting that there is a 50 day moving average of $128.57 and the 200 moving average now moves to $119.30. The market capitalization for the company is $29,126m. Company Website: https://www.zimmerbiomet.com
The potential market cap would be $28,390m based on the market consensus.
Zimmer Biomet Holdings, together with its subsidiaries, operates as a medical technology company in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company designs, manufactures, and markets orthopaedic reconstructive products, such as knee and hip products; S.E.T. products, including sports medicine, biologics, foot and ankle, extremities, and trauma products; craniomaxillofacial and thoracic products comprising face and skull reconstruction products, as well as products that fixate and stabilize the bones of the chest to facilitate healing or reconstruction after open heart surgery, trauma, or for deformities of the chest. It also offers robotic, surgical, and bone cement products. The company’s products and solutions are used to treat patients suffering from disorders of, or injuries to, bones, joints, or supporting soft tissues. It serves orthopaedic surgeons, neurosurgeons, hospitals, stocking distributors, healthcare dealers, and other specialists, as well as agents, healthcare purchasing organizations, or buying groups. The company was formerly known as Zimmer Holdings and changed its name to Zimmer Biomet Holdings in June 2015. Zimmer Biomet Holdings was founded in 1927 and is headquartered in Warsaw, Indiana.
The company has a dividend yield of 0.69% with the ex dividend date set at 28-3-2023 (DMY).
Other points of data to note are a P/E ratio of 101.34, revenue per share of 33.11 and a 3.71% return on assets.
